May 20 2013
Research and Markets has announced the addition of the "Research and Development Trend Forecast of Alumina Market in China, 2013-2017" report to their offering.
Research and Development Trend Forecast of Alumina Market in China, 2013-2017 analyses the following, market status of the alumina industry at home and overseas, market competition, imports and exports, business performance of main the enterprises and makes a forecast for the alumina industry so as to provide a decision-making reference.
China is one of the world's leading countries that have Bauxite deposits, 97% of bauxite are mainly distributed in seven provinces: Shanxi, Henan, Guizhou, Guangxi, Sichuan, Shandong, and Yunnan. However, those bauxite resources are with low ratio of alumina and silica, and manufacturing technique is complicated. The cost of extraction is much higher and less open-cast mines.
In 2012, production capacity of alumina in China reached 54000kt/a. Under the influence of economic growth slowdown and macroeconomic regulations, alumina consumption growth was slow. The output of alumina in China accounted for 39.51% of global output, and China's consumption accounted for 45% of global consumption. China has become the world's largest country for production and consumption of metallurgical grade alumina.
In 2012, the output of alumina in China reached about 41.65 million tons, an increase of 7.32% on year-on-year basis; alumina demand was approximately 40.20 million tons, year-on-year growth of 2.97%. Up to the end of December 2012, in China and the rest of the world, the alumina operating rate was about 85%, of which China accounted for 73%.