HIGH PURITY ALUMINA MARKET ANALYSIS
Global High Purity Alumina Market- Restraints
Reduction of Cost
High purity alumina is a highly capital intensive market, which makes it difficult for new players to enter in the market. The cost of end products will be high and profitability will be low, if the production costs are high. Therefore, the market is highly consolidated and is dominated by major players based in Australia and China due to large bauxite reserves in these countries, and bauxite is the basic raw material required for the production of high-purity alumina.
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