Aluminum Oxide Market Size & Share, Growth, Analysis, prediction research report and forecast to 2020-2027
The global aluminum oxide market is expected to exhibit a strong 6.68% CAGR over the forecast period from 2019 to 2030, according to the latest research report from Market Research Future (MRFR). The global Aluminum Oxide Market Size is expected to reach a valuation of USD 70,511.7 million by 2030, according to the report from MRFR. The report contains a detailed profile on the global aluminum oxide market, including a study of the market’s leading drivers and restraints and major player. The economic environment of the aluminum oxide market is also assessed in the report to provide context to the driver and restraint analysis. Aluminum oxide, also known as alumina, has widespread industrial usage, including in electronics, manufacturing, medical, and pharmaceuticals. The material is one of the most abundant on earth and is widely mined in various forms. Growing demand for rechargeable batteries is a major end-use avenue for the aluminum oxide market, as the demand for rechargeabl