Global Calcium Aluminate Market Is Likely to Grow at A CAGR Value of Around 4.70% By 2028

The calcium aluminate market size was worth around USD 1,362.10 million in 2021 and is estimated to grow to about USD 1,794.27 million by 2028, with a compound annual growth rate (CAGR) of approximately 4.70% over the forecast period. The report analyzes the calcium aluminate market drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the calcium aluminate market.

A group of minerals known as calcium aluminates is created when calcium oxide and aluminum oxide are heated at high temperatures together. These have exceptional qualities like resistance to heat, abrasion, and corrosion. Calcium aluminates are frequently employed in developing materials and technology for formulation. Large quantities of calcium aluminates are readily available. These substances include the negatively charged alumina ion and metallic oxide. They are employed in numerous end-use processes, including the production of ceramics, water purification, and cement formation. Types of cement (sometimes known as aluminous cement) and refractories are frequently made with calcium aluminate. Other applications for calcium aluminate include mineral reagents, high-performance binders, desulfurization of ladle furnaces, and metallurgy.

Construction-related calcium aluminate cement is composed mostly of lime-alumina compounds as their reactive phase. High alumina cement (HACs) or aluminous cement are other names for calcium aluminate cement. These cements were developed in response to the need for sulfate-resistant cement. Monolithic refractories often use calcium aluminate cement as binders. Some further applications include concretes and mortars that are resistant to chemicals, protective coatings, sewage applications, industrial flooring goods, tile adhesives, and expansive grouts. Cement made from calcium aluminate is also used in mining and constructing chemical products. All of these factors are projected to boost the growth of the global calcium aluminate market during the forecast period.

The calcium aluminate market is classified based on type, application, and region. Based on type, it is segregated into pre-melting and sintered types. Raw materials are used in the pre-melting procedure in an electric arc furnace. To produce high-quality steel, it is necessary to lower the molten metal's viscosity and clean it of impurities. At the same time, one of the product forms in calcium aluminate is the sintered type. The sintering process includes heating and cooling particular materials to transform powder or granules into solid forms. The global calcium aluminate market's calcium aluminate cement, water treatment, and steel refining segments are divided according to application. Due to its special qualities, calcium aluminate is employed in the water treatment process. Additionally, calcium aluminate clinker is ground with a tiny amount of gypsum and other additives to create calcium aluminate cement.

The Asia Pacific leads the worldwide calcium aluminate market in terms of demand, followed by Europe and North America, in that order. Soon, it is anticipated that nations like China, India, South Korea, Japan, Indonesia, and Vietnam will considerably impact the calcium aluminate market in Asia. During the forecast period, Asia Pacific is also expected to maintain its leadership in the global calcium aluminate market. Soon, China is anticipated to be the region's top buyer of calcium aluminate.

The United States dominates the calcium aluminate market in North America in terms of demand, making it one of the regions with the highest potential on the global scale. In the upcoming years, Western Europe is projected to have a higher demand for calcium aluminate than the rest of Europe.

Key players functioning in the global calcium aluminate market include Almatis, Kerneos, imsa, Calucem, Zhengzhou Dengfeng Smelting Materials, Fengrun Metallurgy Material, RWC, Ambition Refractories, BPI, Luoyang Refmat Corporation, Oreworld Trade, Ruishi Renewable Resources Group, Caltra Nederland, U.S., Electrofused Minerals, Shree Harikrushna Industries, Gorka Cement, Denka Company, Carborundum Universal Limited, Calderys, Cementos Molins Industrial S.A, Elfusa, Union Corportion.

Recent developments:

• In November 2021, Cementos Molins merged with the manufacturer of calcium aluminate cement Calucem, securing the necessary regulatory approvals. A bauxite quarry in Turkey and the Pula grinding facility in Istria, Croatia, is run by Calucem. The new acquisition makes Cementos Molins the world's second-largest producer of calcium aluminate. According to the firm, it expands and enhances its range of cutting-edge and environmentally friendly products following its maintainable growth plan.

Browse the full “Calcium Aluminate Market by Type (Pre-melting and Sintered Type), By Application (Steel Refining, Water Treatment, and Calcium Aluminate Cements) and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/calcium-aluminate-cement-market

The global Calcium Aluminate Market is segmented as follows:

By Type

• Pre-Melting
• Sintered Type

By Application

• Steel Refining
• Water Treatment
• Calcium Aluminate Cements

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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