Vertical: CNMBase Year: 2018
Market Size (2018)
$15.01B
Projected (2025)
$20.07B
CAGR (2017–2025)
4.2%
Key Players
10+
The global bauxite mining market is projected to witness significant growth during the forecast period, 2019–2025. The market was valued at USD 15,009.0 million in 2018 and is expected to register a 4.34% CAGR and reach USD 20,074.6 million by the end of 2025. In terms of volume, the market was sized at 3,21,141.3 kilo tons in 2018 and is likely to exhibit a 3.33% CAGR and reach 4,01,333.7 kilotons by the end of 2025. The growth of the global bauxite mining market is driven by the growing demand for aluminum across end-use industries as bauxite is predominantly used for manufacturing alumina, which is used to produce aluminum metal. The rising demand for aluminum in the automotive industry can be attributed to its high strength to weight ratio couple. This, along with the increasing penetration of electric vehicles in the automotive industry, is fueling the growth of the product market. Additionally, the growing construction industry, especially in the countries in Asia-Pacific, is also driving the demand for aluminum, which, in turn, is contributing to the product market growth.
Furthermore, the reissue of bauxite mining licenses by the Malaysian government and the increasing investments in bauxite mining across the globe are expected to create lucrative opportunities for the players operating in the global market during the forecast period. However, the environmental and health hazards associated with bauxite mining is leading to increasing regulatory pressure on bauxite mining, which may restrain the market growth during the forecast period.
According to Wantstats analysis, the global bauxite mining market has been segmented based on type, end use, and region. Based on type, the global market has been divided into gibbsite and boehmite. The gibbsite segment accounted for the largest share of 79.80% in 2018 due to their widespread commercial use on account of its low cost and abundant availability. The segment was valued at USD 11,977.2 million in 2018; it is expected to register a 4.57% CAGR and reach USD 16,268.4 million by the end of 2025. In terms of volume, the segment was sized at 3,11,035.2 kilo tons in 2018 and is projected to exhibit a 3.34% CAGR and reach 3,88,984.9 kilotons by the end of 2025.
Based on end-use, the global market has been divided into alumina, refractories, abrasives, cement, chemicals, and others. The alumina segment accounted for the largest share of 80.71% in 2018 due to the high consumption of bauxite for manufacturing alumina in order to produce aluminum metal. The rapid industrialization and urbanization, the increasing use of aluminum in automobile manufacturing, and increasing construction activities across the globe is driving the growth of this segment. The segment was valued at USD 12,114.5 million in 2018; it is expected to register a 4.39% CAGR and reach USD 16,252.9 million by the end of 2025. In terms of volume, the segment was sized at 3,05,921.2 kilo tons in 2018 and is projected to exhibit a 3.36% CAGR and reach 3,82,970.2 kilotons by the end of 2025.
Asia-Pacific held the largest share of 71.70% in 2018 due to the growing economy and rapid industrialization and urbanization in the region. The market was valued at USD 10,761.4 million in 2018 and is expected to exhibit 4.77% CAGR and reach USD 14,809.1 million by the end of 2025. In terms of volume, the regional market was sized at 2,35,269.3 kilo tons in 2018 and is projected to register a 3.74% CAGR and reach 3,02,252.5 kilotons by the end of 2025.
The Bauxite Mining Market market is projected to grow at a CAGR of 4.2% from 2017 to 2025.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSubscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansBauxite is a naturally occurring sedimentary rock found in tropical and subtropical regions. It composed primarily of aluminum hydroxide with traces of other impurities such as silica, iron oxide, titania, and aluminosilicate. The principal aluminum hydroxide minerals found in varying proportions with bauxites are gibbsite and boehmite. Bauxites are typically classified according to their intended commercial application viz. metallurgical (used for manufacturing alumina), abrasive, cement, chemical, refractory, and others. The majority of the global bauxite production is used for the manufacture of alumina via the Bayer process. The resulting alumina produced is then employed as the feedstock for the production of aluminum metal by the electrolytic reduction of alumina in a molten bath of natural or synthetic cryolite (Na3AlF6), the all-Héroult process.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSubscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSubscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansWantstats research is conducted by industry experts who offer insight into industry structure, market segmentation, technology assessment, competitive landscape (CL), penetration, as well as on emerging trends. Besides primary interviews (~80%) and secondary research (~20%), their analysis is based on their years of professional expertise in respective industries. Our analysts also predict where the market will be headed in the next five to ten years by analyzing historical trends and current market positions. Furthermore, the varying trends of segments & categories geographically presented are studied and are estimated based on primary & secondary research.
Extensive primary research was conducted to gain a more in-depth insight into the market and industry performance. In this particular report, we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players who are active in the market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed over the next five to ten years
Secondary research was mainly used to collect and identify information useful for extensive, technical, market-oriented, and commercial study of the global bauxite mining market. It was also used to obtain key information about major players, market classification, and segmentation according to the industry trends, geographical markets, & developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as British Geological Survey (BGS), US Geological Survey (USGS), The Aluminum Association, Australian Aluminium Council (AAC), Brazilian Aluminium Association (ABAL), UN Comtrade, annual reports, SEC filings, journals, white papers, corporate presentations, company web sites, some paid databases, and many others.
Both top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent submarkets of the global bauxite mining market. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research. This entire procedure included the study of the annual and financial reports of top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market have been covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data has been consolidated and added with detailed inputs and analysis from Wantstats and has been presented in this report.
Base Year
2018
Historical Period
2017 – 2017
Forecast Period
2019 – 2025
Primary Interviews
150+
Historical data (2017–2018) and forecast period (2018–2025)
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansThe competitive landscape offers an analysis of the competitiveness between the market players operating in the global bauxite mining market between 2017 and 2019. The global bauxite mining market is mainly driven by its strong demand for aluminum manufacturing. It is expected to show healthy growth in the coming years. The market is likely to register a 4.34% CAGR during the forecast period 2019–2025.
The global bauxite mining market is consolidated in nature due to the barriers for entry into the market on account of the requirement for advanced infrastructure and logistics by the miners and the established market players situated close to the bauxite reserves. Australia, the world's largest producer of bauxite, accounted for approximately 27% of global production in 2018-2019. The country produced/mined 100 million tons of bauxite in FY 2018-2019 (July-June). Owing to the proximity of bauxite in Australia, around five market players of the global bauxite mining market have a presence in Australia. Alcoa Corporation, Rio Tinto, South32, Australian Bauxite Limited, and Queensland Alumina Limited. Other bauxite extracting countries are the Republic of Guinea, India, Indonesia, Brazil, and Jamaica, among others.
The competition in the global bauxite mining market is minimal. This is due to the vertically integrated business models adopted by the majority of the market players, which helps lower the pressure of distribution and sale of bauxite to third parties.
The key players operating in the market are Alcoa Corporation (US), Rio Tinto (UK), Norsk Hydro ASA (Norway), Aluminum Corporation of China Limited (CHALCO) (India), National Aluminum Company Limited (India), Compagnie des Bauxites de Guinée (CBG) (Republic of Guinea), Hindalco Industries Ltd (India), RUSAL (Russia), South32 (Australia), and Australian Bauxite Limited (Australia).
The market players in the global bauxite mining market are mostly adopting supply agreements or supply contract strategies to gain the largest market share. As per the analysis of Wantstats, the consumption of bauxite is expected to closely follow the trend of aluminum production. The demand for aluminum is witnessing an increasing trend across the globe, wherein China is the largest producer and consumer of aluminum. This leads to subsequent demand for bauxite in China, which is expected to continue increasing during the forecast period. China is thus, heavily investing in mining companies for the bauxite supply. The global bauxite mining market has witnessed expansions in mining and also some of the new projects.
On 27 November 2019, Emirates Global Aluminium (EGA) signed an agreement with a Chinese firm “Xinfa Group” to supply bauxite from its Guinea Alumina Corporation (GAC) mine located at the Republic of Guinea for the next five years. It announced to supply the Chinese company with millions of tons of bauxite each year from its GAC project, which is expected to mine approx. 12 million tons of bauxite per year.
In March 2019, Rio Tinto completed the commissioning of the Amrun bauxite mine in Queensland, Australia, with an investment of USD 1.9 billion. The bauxite mine is a replacement of its depleting East Weipa mine, in Queensland, Australia. The new mine is expected to increase its export capacity of bauxite by 10 million tons.
On 30 January 2019, Australian Bauxite Limited (ABx) commenced the mining and screening operations at its Bald Hill mine near Campbell Town, northern Tasmania, to extract cement-grade bauxite. The company announced the successful production of 31,600 metric tons of cement-grade bauxite ore on 12 April 2019, that was required for achieving the contract tonnage for the next shipment around three weeks prior.
On 2 July 2019, Australia’s Metro Mining Ltd. Signed a contract with a state-owned aluminum firm in China to supply 420 thousand wet metric tons of bauxite ore by the year’s end.
On 5 July 2018, Emirates Global Aluminium (EGA), a UAE-based company, signed an agreement with Vedanta to supply bauxite from its mine in Guinea— Guinea Alumina Corporation (GAC). As per the reports, Vedanta invested USD 1.4 billion in exchange for 12 million tons of bauxite every year.
On 29 May 2019, Emirates Global Aluminium (EGA) announced that its wholly-owned subsidiary Guinea Alumina Corporation (GAC) has secured financing for a greenfield mining project in Republic of Guinea from the International Finance Corporation (IFC) (USD 291.16 million), the African Development Bank (AfDB) (USD 88.27 million), Export Development Canada (EDC) (USD 132.42 million), and the remaining financing has been provided by two European development finance institutions including PIDG’s company. This financing loan has a tenor of 12 to 14 years and is expected to help the EGA’s strategy to integrate upstream in the aluminum value chain.
The new entrants are players trying to enter the global bauxite mining market. New entrants bring in new capacity, willingness to gain market share, and often substantial resources. Considering all the past and present global market trends, forces, and scenarios, the threat of new entrants to the existing players is expected to be low. This is due to the competitive pressure from the established manufacturers that hold significant shares of the global market due to their location proximity to mines. Moreover, the requirement of advanced infrastructure and a wide logistic network further acts as a barrier for new entrants. High rail tariffs and outdated geological databases are also the factors to be considered by the new players. Furthermore, the limited bauxite reserves and the producers have to lease the mines or pay capital to the government authorities to obtain the reserves.
The global bauxite mining market is likely to witness a low intensity of rivalry as many of the market players in the market have vertically integrated business models, which helps lower the pressure of distribution and sale of bauxite. The global market is estimated to be consolidated with a significant share of the production by tier-1 players.
Commercially, there are no direct substitutes available for bauxite. However, there are alternative materials that could be used instead of bauxite for alumina production. However, these alternatives are available in the market at much higher costs. These alternative materials are clay minerals, alunite, anorthosite, power plant ash, and oil shale could be used to produce alumina using different processes. Furthermore, synthetic mullite, produced from kaolin, bauxitic kaolin, kyanite, and sillimanite, can be substituted for bauxite-based refractories. Similarly, silicon carbide and alumina-zirconia can substitute for bauxite in abrasives but cost more. Thus, on a global scale, these substitutes are not widely preferred by the end users, which makes the threat of substitutes low in the global bauxite mining market during the forecast period.
The bargaining power of suppliers in the global bauxite mining market is expected to be high during the forecast period. According to the historic export data and the current demand scenario of bauxite, the growing demand for bauxite, especially from the aluminum industry, can be met only through the sale of bauxite, whose production is dependent on the availability of reserves and necessary infrastructure and logistics. Since bauxite is required in significant quantities for aluminum production, the market players are demanding higher returns for bauxite exports to achieve profit margin.
The bargaining power of buyers in the global bauxite mining market is expected to be low during the forecast period, owing to the limited options of the buyers to switch between suppliers. Furthermore, due to the dependence of aluminum manufacturers on the timely supply of bauxite, the switching cost for the buyers in the market will be high, which lowers their bargaining power. The limited availability of alternatives and unavailability of substitutes for bauxite is reducing the bargaining power of buyers of the global bauxite mining market.
Market estimates by geography (2025)
InsightAsia Pacific leads with $14.81B by 2025.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription Plans| REGION | 2017 | 2018 | 2025 | CAGR | SHARE |
|---|---|---|---|---|---|
| Asia Pacific | $10.34B | $12.21B | $14.81B | 4.6% | 74% |
| South America | $1.48B | $1.63B | $1.85B | 2.8% | 9% |
| Europe | $1.59B | $1.78B | $2.05B | 3.2% | 10% |
| North America | $480.80M | $546.30M | $640.50M | 3.7% | 3% |
| Middle East and Africa | $588.70M | $641.60M | $718.80M | 2.5% | 4% |
| Total | $14.49B | $16.81B | $20.07B | 4.2% | 100% |
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansTotal Market Size
$20.07B
| APPLICATION | REVENUE ($B) | GROWTH RATE | MARKET PENETRATION |
|---|---|---|---|
| Gibbsite | $16.27B | 4.4% | 81% |
| Boehmite | $3.81B | 3.2% | 19% |
* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSee plans for professionals or small and medium businesses.
Analytical insights on Bauxite Mining Market covering market dynamics, competitive landscape, and strategic outlook.
The Bauxite Mining Market market is projected to reach $20.07B by 2025, growing at 4.2% CAGR. The Gibbsite segment holds the largest share.
The global bauxite mining market is expected to register a 4.34% CAGR during the forecast period, 2019–2025. The growth of the global bauxite mining market is driven by the increasing demand for aluminum in the automotive industry, the growing construction industry in Asia-Pacific, and the reissue of bauxite mining license in Malaysia. The increasing investments in bauxite mining across the globe are expected to create lucrative opportunities for the players operating in the global market during the forecast period. However, the environmental and health hazards associated with bauxite mining may restrain the market growth during the forecast period.
Bauxite is a key raw material required for the production of primary aluminum. To produce one ton of alumina, approximately two to three tons of bauxite is required, as one ton of bauxite contains 30–54% alumina. Therefore, growth in the demand for aluminum across different end-use industries is likely to drive the growth of the global bauxite mining market.
The automotive industry is one of the major end users of aluminum. Currently, the trend observed in the global automotive industry is the manufacturing of lightweight automobiles due to the increasing regulations pertaining to carbon emissions. According to experts, a 10% reduction in the overall weight of automobiles results in a 6–8% reduction in fuel consumption. Less fuel consumption increases the fuel efficiency of the vehicle and thus helps to reduce carbon emissions. To reduce the overall weight of the automobile, heavy metal parts are increasingly being replaced by lightweight metal and plastic components by automotive manufacturers.
North America and Europe have introduced strict CO2 emission regulations, and non-compliance with the corporate average fuel efficiency (CAFE) regulations by the manufacturers can lead to penalties by the respective governments. The US Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) have developed a national program for Green House Gas Emission and Fuel Economy Standards to influence automobile manufacturers to reduce the weight of the vehicles and reduce CO2 emissions. The CO2 emission target for new passenger cars is defined as 95g CO2/km for 2020 as compared to 118.5 g CO2/km emission target in 2017. These regulations have also been implemented in Japan and China, and similar regulations are expected to be implemented in the Middle East and South East Asia. In addition, the Zero Emission Vehicle (ZEV) program in California and the New Energy Vehicle (NEV) program in China, which are planned to be implemented after 2020, are expected to boost demand for lightweight metals, including aluminum.
Aluminum is widely used in the automotive industry as a substitute for steel as it is cost-effective, reliable, and lightweight, which helps reduce the overall weight of vehicles and, in turn, increase the fuel efficiency. The key automotive original equipment manufacturers (OEMs), such as Audi, Ford, BMW, Mercedes, and Land Rover, are increasingly using aluminum in vehicle production to meet the environmental standards for fuel efficiency and carbon emissions. Aluminum alloys exhibit low specific gravity and high strength and therefore are used to manufacture automotive parts, such as bumper systems, door beams, exterior components, and frame members. The primary role of a bumper system is to absorb the impact force by deforming itself. For this purpose, high-strength materials such as the 7000-series (Al-Zn-Mg system) alloys and cross-sectional shapes have been developed to absorb more energy in the lightweight structure. Door beams are also one of the key safety members for protection from the lateral collision of automobiles and are installed in almost all automobile doors. The increasing safety standards globally is projected to boost the demand for aluminum products. Thus, the increasing demand for aluminum in the automotive industry is expected to drive the growth of the global bauxite mining market during the forecast period.
The development of electric vehicles is a significant breakthrough in the automotive industry. The regulatory laws put forth by international conventions and conferences such as the Kyoto Protocol, the Montreal Protocol, and the Paris Agreement, coupled with the growing environmental concerns of the consumers and manufacturers part is favoring the production and increasing penetration for electric vehicles globally. This regulatory trend is expected to continue in the future and is likely to fuel e-mobility, which is expected to account for 30% of global automotive production in the coming years. This, in turn, is expected to boost the demand for aluminum, as most of the manufacturers of battery enclosures used in the battery electric vehicles (BEVs) are using aluminum alloys. Many of the e-battery manufacturers, such as Audi, BMW, and Daimler, use aluminum in their battery enclosures. Although Nissan, a leading automaker, uses a steel battery enclosure for its Leaf EV, it will be shifting to an aluminum battery enclosure for its next BEV in 2020. This is likely to fuel the growth of the global bauxite mining market in the coming years as more and more electric vehicle manufacturers are incorporating aluminum extruded products during vehicle assembly.
As per the data gathered by the world trade organization and Wantstats analysis, the penetration of electric vehicles is expected to increase significantly in the coming years. The sales of battery electric vehicles are expected to increase from 2% in 2015 to 12% in 2025. Meanwhile, the sales of plug-in hybrid electric vehicles are likely to increase to 3% in 2025, and the sales of full and mild hybrid vehicles are expected to increase by 20% by 2025 from 1% in 2015. Hence, the impact of increasing demand for aluminum in the automotive industry on the global bauxite mining market is expected to remain high over the forecast period.
Malaysia was once the biggest bauxite supplier to China, with shipments reaching nearly 3.5 million tons a month by the end of 2015. The east coast port city of Kuantan in Pahang has vast bauxite ore deposits. However, in 2015-16, a ban was implemented on bauxite mining in the country in response to complaints by residents regarding pollution due to irresponsible bauxite ore mining operations and water contamination concerns. Although the ban was initially intended to last for only a few months, the miners’ failure to clear stockpiles at the port of Kuantan led to the Malaysian government’s decision to extend the ban several times.
On 4 November 2019, the Malaysian government announced that it would issue bauxite mining licenses to companies in the first quarter of 2020. The government lifted the ban with a condition for bauxite miners to conduct an environmental impact study on the mining sites to receive licenses and restart mining operations. Currently, strict standard operating procedures (SOP), which include capping monthly bauxite exports at 600,000 tons and creating a buffer zone between mining sites and residential areas, have been introduced. In addition to these precautionary steps, the government also announced that it would commence a six-month monitoring process once the licenses are issued in the first quarter of 2020. Such developments and the precautionary steps introduced to prevent harm to the environment and human health are likely to increase bauxite mining operations in the country. Thus, the reissue of bauxite mining licenses in Malaysia is expected to create an opportunity for the players operating in the global bauxite mining market during the forecast period.
Bauxite mining has a direct impact on the environment as it contributes to the pollution of air, water sources, and soil. The primary concern of bauxite mining is the release of airborne particulate matter into the surrounding. Natural bauxite ore contains iron oxide, aluminum hydroxide, titanium oxide, and reactive silica, which can negatively affect human health and the environment. The deposit of these particles on vegetation, make it unfit for human and livestock consumption. Excessive exposure of aluminum hydroxide may cause redness and peeling of the skin, itching in the eyes, and coughing. Similarly, iron oxide in bauxite can potentially cause iron overload, leading to hepatic, cardio-myopathy, gastrointestinal, and joint and skin diseases and illnesses. Additionally, exposure to bauxite dust can cause neurological problems such as chronic brain syndrome, forgetfulness, or Alzheimer's and Parkinson's disease in adults. Thus, the environmental and health hazards associated with bauxite mining are expected to restrain the growth of the global bauxite mining market during the forecast period
The above mentioned hazards have led to the regulatory pressure by several regulatory bodies on bauxite mining, which in turn creates a negative atmosphere for the bauxite miners. For instance, the Republic of Guinea’s Office of Environmental Studies and Evaluation (BGEEE) conducts inspection of bauxite mining sites periodically and introduces limits on the production of bauxites whenever necessary or give approvals only upon the positive sustainability reports. Hence, the impact of the environmental and health hazards associated with bauxite mining on the global bauxite mining market is expected to remain high throughout the forecast period.
Near-term growth will likely concentrate in modular bioreactor lines and closed-system media workflows that shorten validation cycles while preserving batch traceability.
Partnerships between CDMOs and instrumentation vendors should accelerate standard datasets for comparability across sites, improving forecasting models used in capacity planning.
Longer horizon, organoid and microphysiological adoption may reshape segment mix; teams that invest early in assay interoperability and cloud QC hooks are better positioned to capture upside without fragmenting their analytics stack.
Profiles of 105 companies operating in the Bauxite Mining Market market, including revenue, employee count, and market positioning where available.
Showing 105 of 105 companies
Company Headquarters: Perth, Australia Founded: 2015 Workforce: ~25,784 Company Working: South32 is a metal and mining company that operates through the following segments: Worsley alumina, South Africa aluminum, Mozal aluminum, Brazil alumina, South Africa energy coal, Illawarra metallurgical coal, Australia manganese, South Africa manganese, Cerro Matoso, and Cannington. The Worsley Alumina segment deals with bauxite mining in the South West of Australia and transports it on an overland conveyor belt to a refinery where the bauxite is turned into white alumina powder, which is then exported to smelters around the world. South32 holds an 86% interest in Worsley Alumina, while Japan Alumina Associates (Australia) Pty Ltd owns 10%, and Sojitz Alumina Pty Ltd owns 4%.
Company Headquarters: Bhubaneswar, Odisha, India Founded: 1981 Workforce: ~6,042 Company Working: National Aluminum Company Limited (NALCO) is a Navratna central public sector enterprise (CPSE) under the Indian Ministry of Mines. The company has the largest integrated bauxite-alumina-aluminum complex India. NALCO is the lowest cost producer of metallurgical alumina in the country and accounted for over 43% of aluminum exports in 2017-2018. It has a bauxite mine output of 7.2 million tons and alumina refinery with an annual capacity of 221 million tons per annum in the financial year 2018-2019.
Company Headquarters: West Bengal, India Founded: 2001 Workforce: ~722 Company Working: Aluminum Corporation of China Limited (CHALCO) is a leading mineral resources development company in China. It also provides nonferrous metals smelting and processing, related trading, and engineering and technical services. The company was established as a joint-stock limited company to provide fabricated aluminum products. It operates through five business segments, namely, alumina, primary aluminum, energy, trading, and corporate and other operating segments. It caters to a wide range of industries, including aviation, aerospace, transportation, packaging, printing, and electronics. The company is engaged in the whole bauxite mining value chain, from exploration and mining of bauxite and coal, the production, sales, and R&D of alumina to offering primary aluminum and aluminum alloy products in the global market. The company operates through 39 subsidiaries.
Company Headquarters: London, UK Founded: 1873 Workforce: ~46,000 Company Working: Rio Tinto is one of the leading mining and metal companies across the globe. It operates through four business segments, namely, aluminum, copper & diamonds, energy & minerals, and iron ore. Under its aluminum segment, the company operates five bauxite mines, four alumina refineries, and 14 aluminum smelters, along with three research & development centers. Rio Tinto is the largest producer of bauxite across the globe. In 2019, it produced 55.1 million tons of bauxite. The company has a strong global presence with about 60 operating sites (mines, smelters, and refineries) across 35 countries and 37,000 suppliers across the globe.
Company Headquarters: Oslo, Norway Founded: 1905 Workforce: ~35,000 Company Working: Norsk Hydro ASA (Norsk) is engaged in manufacturing aluminum products and producing renewable energy. It operates through five business segments, which are primary metal, bauxite and alumina, metal markets, rolled products, energy, and other eliminations. The bauxite and alumina segment covers the production of alumina, bauxite mining activities, and related commercial activities. It has bauxite mines in Pará, Brazil. In 2018, the company’s bauxite production reached 6.2 million tons, generating a revenue of USD 3.3 billion.
Company Headquarters: Moscow, Russia Founded: 2007 Workforce: ~64,000 Company Working: RUSAL is a globally leading aluminum producer. Its main products are primary aluminum, aluminum alloys, foil, and alumina. The company has a vertically integrated business model with assets right through the production process—from bauxite and nepheline ore mines to aluminum smelters and foil mills. It has access to rich bauxite deposits to meet growing production demands for the next 100 years. The bauxite mines of the company helped produce high-quality alumina using the Bayer extraction method and sintering technology. It has 44 plants in 19 countries across five continents.
Powering the world's best teams.
From next-gen startups to established enterprises.
Trusted by forward-thinking businesses
for data-driven intelligence
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Historical performance and future projections (2020–2030, USD Billion)
Market Size (USD Mn)
