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陶瓷

市场调查报告书

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1401297

全球铝土矿市场 - 2023-2030

Global Bauxite Market - 2023-2030

出版日期: 2023年12月29日 | 出版商:

DataM Intelligence | 英文 183 Pages | 商品交期: 约2个工作天内

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简介目录

概述

2022年全球铝土矿市场规模达148亿美元，预计2030年将达197亿美元，2023-2030年预测期间CAGR为3.7%。

全球铝土矿市场是铝业的核心组成部分，主导着这种多用途金属的重要供应链。它的重要性来自于它在许多不同行业的用途，以及它是氧化铝（铝的前驱物）的主要成分。市场的复杂动态是品质变化、永续性问题、地理丰富性和世界经济变化等因素综合作用的结果。

澳洲和几内亚拥有大量不同品位的铝土矿储量，在市场上占据主导地位。几内亚的崛起很大程度上归功于其高品位储量，这些储量吸引了大量投资并使该地区成为主要参与者。

例如，根据美国地质调查局 (USGS) 的数据，几内亚发现了世界上最大的铝土矿储量。几内亚拥有约 70 亿吨基性铝土矿储量，占全球储量的 24%。澳洲以58.4亿吨储量位居第二，占全球储量的20%。因此，这两个市场占全球铝土矿储量的大部分。

动力学

新兴经济体的产量不断成长

几内亚拥有大量优质铝土矿资源，引起了全球铝市场主要参与者的兴趣和大量投资。由于其纯度，这些储量在铝製造中受到高度追捧。近年来，几内亚产能稳定提升。该国打算透过持续投资采矿和基础设施项目，大幅增加铝土矿产量，以满足世界对铝日益增长的需求。

几内亚作为铝土矿重要生产国的崛起扩大了全球供应链。透过增加产量，它为生产铝土矿的已开发国家提供了替代品，减少了对某些地区铝土矿供应的依赖。

全球铝土矿市场受到几内亚等发展中国家产能增加及铝土矿开采成长的显着影响。这些因素透过增加供应、提供高品质矿床和塑造全球铝製造趋势来为市场做出贡献。几内亚的崛起凸显了其对不断变化的世界铝土矿市场动态的重大影响。因此，全球铝土矿产量的 21.7%（即 8,500 万吨的铝土矿产量）是在几内亚生产。

扩大大规模供应的合作伙伴关係

透过铝土矿生产商和购买者之间的合作伙伴关係，特别是长期供应协议，确保原材料的持续和可靠的流动。供应连续性透过降低与可用性变化相关的不确定性来帮助生产铝的过程。协同工作可以更轻鬆地确保铝土矿供应的品质和数量。客户可信赖符合严格品质要求的可靠交付，确保高效率的生产程序。

透过与多个消费者或最终用户合作，铝土矿生产商可以扩大其市场范围并减少对任何特定市场或买家的依赖。多元化方法有助于收入最大化和优化销售管道。例如，2023 年 10 月，奥里萨邦矿业公司和 Hindalco Industries Ltd. 宣布了一项铝土矿矿石长期供应协议。该公司计划为其位于奥里萨邦 Rayagada 区 Kansariguda 的 200 万吨氧化铝精炼厂和 150 兆瓦自备发电厂采购铝土矿。

铝土矿作业数量不断增加

铝土矿作业数量的增加显示供应能力的增加。产能的增加正在解决对铝不断增长的需求，这为满足全球对这种适应性金属不断增长的需求提供了充足的机会。

此外，铝土矿供应的多样性大大降低了风险因素。分布在不同地区的众多营运地点减少了对特定矿场或国家的依赖，从而降低了因后勤挑战或政治不稳定而导致供应链中断的可能性。这种多样性的结果是供应稳定性的提高，这是稳定和连续的铝生产所必需的。

例如，2023年12月，力拓批准新建12.4MW太阳能发电场和8.8MVa/2.1MWh电池存储，为昆士兰州韦帕地区的Amrun铝土矿厂提供再生能源。力拓的全球脱碳策略以及降低其太平洋铝土矿、氧化铝和铝业务排放的持续努力，包括 12.4 兆瓦太阳能发电厂和电池储存。

原物料价格波动

铝土矿开采和加工涉及的业务依赖多种原材料，包括能源、化学品和设备，所有这些资源的价格都有波动。这些投入成本的突然增加可能会推高生产成本并降低铝土矿公司的利润率。铝土矿业务的成本结构受到原料成本波动的影响，这使得企业难以准确预测和控制生产费用。

原物料价格的不确定性和波动可能会导致考虑扩张的公司或投资者犹豫不决。由于成本的不确定性，新项目的投资或现有铝土矿业务的扩张可能会受到阻碍，这将限制市场的成长。

The global bauxite market is a core component of the aluminum industry, directing the essential supply chain for this multipurpose metal. The significance of it comes from its use in many different industries and from being the main component of alumina, which is the precursor to aluminum. The complex dynamics of the market are a result of a combination of factors such as quality variations, sustainability concerns, geographic abundance and shifts in the world economy.

With their large reserves of bauxite in various grades, Australia and Guinea dominate the market. Guinea's rise is largely attributable to its high-grade reserves, which have drawn significant investments and established the area as a key participant.

For instance, as per U.S. Geological Survey (USGS), the world's biggest reserves of bauxite are found in Guinea. Guinea has around 7 billion Tons of basic bauxite deposits or 24% of global reserves. Australia ranks second with 5.84 billion Tons of reserves or 20% of the world's total. Therefore, the both market place accounts for the majority of the global bauxite reserves.

Dynamics

Growing production in the Emerging Economies

Guinea has large, high-quality bauxite resources that generate interest and significant investments from major participants in the global aluminum market. The reserves are highly sought after for the manufacturing of aluminum because to their purity. In recent years, Guinea has increased its production capacity steadily. The country intends to greatly increase its bauxite output in order to fulfil the growing demand for aluminum in the world by continuing investments in mining and infrastructural projects.

The rise of Guinea as a significant producer of bauxite expands the global supply chain. By increasing its output, it offers a substitute for established nations that produce bauxite, lessening reliance on certain areas for bauxite supplies.

The global bauxite market is significantly influenced by the increasing production capacity and the growth of bauxite mining in developing nations such as Guinea. The factors contribute to the market by increasing supply, offering high-quality deposits and shaping global trends in aluminum manufacturing. Guinea's rise to significance emphasizes its significant impact on the constantly changing dynamics of the world bauxite market. Thus, 21.7% of the global bauxite production or 85 million Tons of bauxite in volume, is produced in Guinea.

Growing Partnerships for Large Scale Supplies

A consistent and dependable flow of raw materials is ensured via partnerships between bauxite producers and purchasers, particularly long-term supply agreements. The supply continuity helps the processes involved in producing aluminum by lowering uncertainty associated with availability changes. Working collaboratively makes it easier to ensure the supply of bauxite in terms of both quality and quantity. Customers can rely on reliable deliveries that adhere to strict quality requirements, ensuring efficient production procedures.

By partnering with several consumers or end-users, bauxite producers can expand their market reach and lessen their reliance on any particular market or buyer. The diversification approach helps to maximize income and optimize sales channels. For instance, in October 2023, the Odisha Mining Corporation and Hindalco Industries Ltd. have announced a long-term supply agreement for bauxite ore. For its projected 2-million-ton alumina refinery and 150-MW captive power plant in Kansariguda, Rayagada district, Odisha, the company intends to source bauxite ore.

Increasing Number of Bauxite Operations

An increase in the number of bauxite operations indicates an increase in supply capacity. The increasing demand for aluminum is being addressed by this increase in production capacity, which offers plenty of chances to meet the growing demand for this adaptable metal globally.

Moreover, risk factors are greatly reduced by the variety of bauxite supplies. Numerous operational sites spread throughout various geographies reduce reliance on particular mines or nations, reducing susceptibility to supply chain disruptions caused by logistical challenges or political instability. Increased supply stability, which is necessary for steady and continuous aluminum production, is a result of this diversity.

For instance, in December 2023, a new 12.4MW solar farm and 8.8MVa/2.1MWh of battery storage have been approved by Rio Tinto to supply renewable energy to the Amrun bauxite plant in the Queensland region of Weipa. Rio Tinto's global decarbonization strategy and continuous efforts to lower emissions at its Pacific bauxite, alumina and aluminum operations include the 12.4 MW solar farm and battery storage.

Fluctuating Raw Material Prices

Operations involved in the mining and processing of bauxite depend on a number of raw resources, including energy sources, chemicals and equipment, all of which have fluctuating prices. A sudden increase in the cost of these inputs might drive up production costs and lower bauxite companies' profit margins. The cost structure of bauxite operations is impacted by volatility in raw material costs, which makes it difficult for businesses to accurately predict and control production expenses.

Uncertain and volatile raw material prices may cause companies or investors considering expansions to hold back. Due to this cost uncertainty, investments in new projects or the expansion of current bauxite operations may be discouraged, which would restrict market growth.

Segment Analysis

The global bauxite market is segmented based on product, application, end-user and region.

Essential Characteristics and Rising Demand Fueling Aluminium Production

The primary source of aluminum is metallurgical-grade bauxite because of its high aluminum oxide content. By refining it into alumina, which is then processed into aluminum metal, the Bayer process extracts aluminum from bauxite. Because of this feature, alumina is effectively extracted during the refining process, increasing aluminum output rates while lowering production costs.

The global bauxite market may be impacted by changes in the supply of metallurgical-grade bauxite caused by variables such as mining regulations, geopolitical instability, environmental concerns or natural disasters. The market's sensitivity to supply disruptions is emphasized by the potential of price increases. Therefore, the metallurgical grade product segment captures the majority of the total segmental shares.

Geographical Penetration

Large Scale Reserves and Higher Production Leads to the Regional Growth

Large bauxite reserves are present in Africa, especially in nations like Guinea, Ghana and Sierra Leone. Particularly Guinea has some of the biggest and best-quality bauxite reserves across the world. Africa is a major hub for the mining and production of bauxite due to these enormous reserves.

In response to the rising demand for aluminum globally, a number of African nations have been increasing their bauxite production. Because of its abundant deposits, Guinea has experienced a significant increase in bauxite production, attracting investments and increasing output. Therefore, the Middle East and Africa is growing at a highest CAGR during the forecasted period.

COVID-19 Impact Analysis

The epidemic caused supply chain disruptions that had an impact on bauxite mining and transportation globally. Lockdowns, limitations on mobility and a lack of workers hampered mining operations, delaying output and affecting supply levels throughout the world, particularly in Asia and Africa.

The pandemic's effects on the economy led to a decline in demand for aluminum and its derivatives. Production of aluminum fell as a result of downturns in key aluminum-consuming industries like building, aerospace and automotive. The reduced the need for bauxite as a raw material as a result.

Price fluctuations for bauxite were caused by changes in supply chains and a decline in the demand for aluminum. Price volatility was brought on by uncertain economic conditions and supply chain interruptions, which had an effect on the profitability of bauxite importers and producers in Asia and Africa.

Bauxite mining companies had additional operating challenges during the epidemic as a result of adhering to health and safety requirements. It became imperative to protect worker safety while preserving operational effectiveness, which resulted in extra expenses and possible production delays.

Russia-Ukraine War Impact Analysis

Trade routes may be disrupted by geopolitical conflicts, especially if export or import restrictions, embargoes or sanctions are put in place. The supply and distribution of bauxite on the global market could be impacted by any disruptions in trade agreements or shipping channels involving major bauxite-supplying nations.

Increased geopolitical tensions are frequently accompanied by market uncertainty. Price changes in commodities, such as those of bauxite, caused by this uncertainty. Changes in demand patterns, disruptions in the supply chain or speculative activity can all cause prices to become volatile.

By Product

Metallurgical Grade
Refractory Grade
Others

By Application

Alumina for Metallurgical Purposes
Cement
Refractories
Abrasives
Others

By End-User

Automotive
Building and Construction
Aerospace and Defense
Packaging
Electrical and Electronics
Machinery and Equipment Manufacturing
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
South America
- Brazil
- Argentina
- Rest of South America
Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
Middle East and Africa

Key Developments

In October 2023, The Odisha Mining Corporation and Hindalco Industries Ltd. have announced a long-term supply agreement for bauxite ore. For its projected 2-million-ton alumina refinery and 150-MW captive power plant in Kansariguda, Rayagada district, Odisha, the business intends to source bauxite ore.
In September 2023, Adbri has awarded ABx Group a contract to provide 90,000-120,000t of bauxite to its cement factory in Birkenhead, South Australia, starting in early 2024 and continuing five years. A "conservative" estimates of US$ 5.4 million has been published by Business News regarding the contract's value. Bauxite from ABx Group's DL130 mining operation will be supplied. Three resources totaling 13.7 million Tons of bauxite reserves are under the project's control.
In March 2023, India's top producer and exporter of aluminum and alumina, National Aluminium Company Limited (NALCO), which is governed by the Ministry of Mines, successfully developed a Bauxite Certified Reference Material (CRM) known as BARC B1201 in association with the Bhabha Atomic Research Centre (BARC).

Competitive Landscape

The major global players in the market include Rio Tinto, Alcoa Corporation, Guinea Alumina Corporation (GAC), Norsk Hydro, Australian Bauxite Limited, Rusal, Hindalco Industries Limited, BHP, Glencore International and Emirates Global Aluminium PJSC.

Why Purchase the Report?

To visualize the global bauxite market segmentation based on product, application, end-user and region, as well as understand key commercial assets and players.
Identify commercial opportunities by analyzing trends and co-development.
Excel data sheet with numerous data points of bauxite market-level with all segments.
PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
Product mapping available as excel consisting of key products of all the major players.

The global bauxite market report would provide approximately 61 tables, 62 figures and 183 Pages.

Target Audience 2023

Manufacturers/ Buyers
Industry Investors/Investment Bankers
Research Professionals
Emerging Companies

1. Methodology and Scope

1.1. Research Methodology
1.2. Research Objective and Scope of the Report

2. Definition and Overview

3. Executive Summary

3.1. Snippet by Product
3.2. Snippet by Application
3.3. Snippet by End-User
3.4. Snippet by Region

4. Dynamics

4.1. Impacting Factors
- 4.1.1. Drivers
  - 4.1.1.1. Growing production in the Emerging Economies
  - 4.1.1.2. Growing Partnerships for Large Scale Supplies
- 4.1.2. Restraints
  - 4.1.2.1. Fluctuating Raw Material Prices
- 4.1.3. Opportunity
  - 4.1.3.1. Increasing Number of Bauxite Operations
- 4.1.4. Impact Analysis

5. Industry Analysis

5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
5.5. Russia-Ukraine War Impact Analysis
5.6. DMI Opinion

6. COVID-19 Analysis

6.1. Analysis of COVID-19
- 6.1.1. Scenario Before COVID
- 6.1.2. Scenario During COVID
- 6.1.3. Scenario Post COVID
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion

7. By Product

7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 7.1.2. Market Attractiveness Index, By Product
7.2. Metallurgical Grade*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Refractory Grade
7.4. Others

8. By Application

8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 8.1.2. Market Attractiveness Index, By Application
8.2. Alumina for Metallurgical Purposes*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Cement
8.4. Refractories
8.5. Abrasives
8.6. Others

9. By End-User

9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 9.1.2. Market Attractiveness Index, By End-User
9.2. Automotive*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Building and Construction
9.4. Aerospace and Defense
9.5. Packaging
9.6. Electrical and Electronics
9.7. Machinery and Equipment Manufacturing
9.8. Others

10. By Region

10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 10.1.2. Market Attractiveness Index, By Region
10.2. North America
- 10.2.1. Introduction
- 10.2.2. Key Region-Specific Dynamics
- 10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 10.2.6.1. U.S.
  - 10.2.6.2. Canada
  - 10.2.6.3. Mexico
10.3. Europe
- 10.3.1. Introduction
- 10.3.2. Key Region-Specific Dynamics
- 10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 10.3.6.1. Germany
  - 10.3.6.2. UK
  - 10.3.6.3. France
  - 10.3.6.4. Italy
  - 10.3.6.5. Russia
  - 10.3.6.6. Rest of Europe
10.4. South America
- 10.4.1. Introduction
- 10.4.2. Key Region-Specific Dynamics
- 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 10.4.6.1. Brazil
  - 10.4.6.2. Argentina
  - 10.4.6.3. Rest of South America
10.5. Asia-Pacific
- 10.5.1. Introduction
- 10.5.2. Key Region-Specific Dynamics
- 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 10.5.6.1. China
  - 10.5.6.2. India
  - 10.5.6.3. Japan
  - 10.5.6.4. Australia
  - 10.5.6.5. Rest of Asia-Pacific
10.6. Middle East and Africa
- 10.6.1. Introduction
- 10.6.2. Key Region-Specific Dynamics
- 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User

11. Competitive Landscape

11.1. Competitive Scenario
11.2. Market Positioning/Share Analysis
11.3. Mergers and Acquisitions Analysis

12. Company Profiles

12.1. Rio Tinto*
- 12.1.1. Company Overview
- 12.1.2. Product Portfolio and Description
- 12.1.3. Financial Overview
- 12.1.4. Key Developments
12.2. Alcoa Corporation
12.3. Guinea Alumina Corporation (GAC)
12.4. Norsk Hydro
12.5. Australian Bauxite Limited
12.6. Rusal
12.7. Hindalco Industries Limited
12.8. BHP
12.9. Glencore International
12.10. Emirates Global Aluminium PJSC

LIST NOT EXHAUSTIVE