Nano Alumina Slurry- Description
Polishing Alumina Slurry, a mixture of nano- or micro-sized alumina particles, is frequently used in the surface polishing of metals such as those found in vehicles, sapphire, optical lenses, and optical crystals.
Global Nano Alumina Slurry Market- Overview
The Global Nano Alumina Slurry Market is presently worth USD 135.2 billion and is poised to amplify at a CAGR of 3.0% ov er 2022-2030, thereby amassing a valuation of USD 161.6 billion by end of the assessment timeline.
The disease has spread to nearly 100 nations since the COVID-19 viral outbreak in December 2019, and the World Health Organization has declared it a public health emergency. The market for ammonium alumina polishing slurry will be considerably impacted by the global effects of the coronavirus illness 2019 (COVID-19) in 2020.
The three primary ways that COVID-19 can have an impact on the world economy are by directly altering supply and demand, by disrupting the market and supply chain, and by having an economic impact on businesses and financial markets.
Flight cancellations, travel bans, and quarantines, restaurant closures, restrictions on all indoor events, the declaration of states of emergency in over forty countries, a significant slowdown in the supply chain, stock market volatility, a decline in business confidence, rising public anxiety, and uncertainty about the future are just a few of the effects of the COVID-19 outbreak.
Global Nano Alumina Slurry Market- Key trends
More increase in automotive industry will help the market growth
The automotive industry is continually being dominated by advanced aluminium materials because of their superior performance and safety. Global automakers are changing their preferences by swapping out iron and steel components with lighter materials as lightweight materials increase fuel efficiency.
Modern living standards aggressively create opportunities for consumer electronics and construction industries help the market growth
The consumer electronics and construction sectors actively create opportunities as a result of modern living standards. In recent years, aluminium has been widely used for wall and roof cladding systems, including frames, stairways, and panels. Wall cladding is frequently used in commercial building due to its affordability, usefulness, and attractive appearance.
Global Nano Alumina Slurry Market- Segmental assessment
By type
Nano grade
Micron grade
Others
By type
Semiconductor
Optical lens and substrates
Metal products polishing
Automotive coating polishing
Others
Global Nano Alumina Slurry Market- Geographical landscape
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America. Among these, North America is projected to capture a substantial revenue share over 2022-2030.
Global Nano Alumina Slurry Market- Competitive landscape
The prominent companies defining the competitive terrain of this marketplace are Sumitomo, Nippon Light Metal, Baikowski, Sasol, TAIMEI CHEMICALS, Advanced Energy Minerals, Sinocera Functional, Putailai New Energy and NANTONG JIANGSHAN AGROCHEMICAL and CHEMICALS, etc.
Report scope
Global Nano Alumina Slurry Market: Historical Years- 2018-2021
Global Nano Alumina Slurry Market: Forecast Years- 2022-2030
Global Nano Alumina Slurry Market 2022- USD 135.2 billion
Global Nano Alumina Slurry Market 2030- USD 161.6 billion
Global Nano Alumina Slurry Market CAGR- 3.0%
Key segments covered-
1) By type (Nano grade, micron grade, and others).
2) By application (semiconductor, optical lens and substrates, metal products polishing, automotive coating polishing, and others).
Major regions and countries reported-
1) North America (U.S., Canada, and Mexico)
2) South America (Brazil, Argentina, and Colombia)
3) Europe (Germany, U.K., France, Italy, Spain, and Russia)
4) Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
5) Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Top players profiled- Sumitomo, Nippon Light Metal, Baikowski, Sasol, TAIMEI CHEMICALS, Advanced Energy Minerals, Sinocera Functional, Putailai New Energy and NANTONG JIANGSHAN AGROCHEMICAL and CHEMICALS, etc.
