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Showing posts with the label Aluminum Deoxidizer Market Share

Aluminum Deoxidizer Market Growth Accelerated by Wide Industrial Applications

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  Aluminum deoxidizers are highly reactive chemicals widely used in aluminum smelting and casting processes to remove dissolved oxygen from molten aluminum. They prevent excessive oxidation and stabilize the melt. Key products include aluminum trihydrates, sodium aluminate, and potassium fluoroaluminate. These deoxidizers offer benefits like lowering surface tension, improved wettability, and reduced porosity in castings. The rising aluminum production driven by the growth of the transportation and construction industries has augmented the need for such specialized products that ensures high quality aluminum castings. The global Aluminum Deoxidizer Market is estimated to be valued at US$ 3.13 Billion in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The key trend fueling the  Aluminum Deoxidizer Market  is the widespread application of aluminum i...

Biotechnology is fastest growing segment fueling the growth of Aluminum Deoxidizer Market

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  The global Aluminum Deoxidizer Market is estimated to be valued at US$ 3.13 Bn in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Aluminum deoxidizers are used in aluminum production as refining agents. They help remove oxygen from molten aluminum during the smelting process. This improves the purity and fluidity of aluminum. Aluminum deoxidizers based on calcium, cerium, lanthanum and other rare earth metals perform the function of deoxidizing more efficiently. Market key trends: Growing use of biotechnology in aluminum deoxidization is a key trend fueling market growth. Researchers are developing biological agents like genetically engineered bacteria that can deoxidize aluminum in-situ without adding any foreign elements. This facilitates a more eco-friendly and cost-effective deoxidization process. Adoption of biotechnology helps minimize slag formation and...