According to the report, the High-Purity Alumina market is predicted to achieve USD 4,005 million by 2026. This report examines the status quo and projections of the global High-Purity Alumina market and analyzes the High-Purity Alumina market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).
Market Summary
Overview:
High-Purity Alumina is also known as High-purity aluminum oxide. It is a white, granular, chemical produced commercially either by treating aluminum with specific chemicals or by the use of the other aluminous feedstock. High Purity Alumina (HPA) is a high-end product of the non-metallurgical alumina market. It is a high-value product that serves as a base material for the manufacture of sapphire substrates that are used in various applications such as scratch-resistant artificial sapphire glass, light-emitting diodes (LED), and semiconductor wafers.
The High-Purity Alumina market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include:
Alcoa
Norse Hydro
Orbite Technologies
Rio Tinto Alcan
Sumitomo Chemical
RUSAL
Zibo Xinfumeng Chemicals
Hong Fu Crystal Technology
Kyushu Mitsui Aluminum
Dalian Hiland Photoelectric Material
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.
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Value:
It is estimated that the total market value of the High-Purity Alumina global market is poised to reach USD 4,005 million in 2026 from USD 1,293 million in 2019, with a CAGR of 17.53%.
Facilitating and Limiting Factors:
The High-Purity Alumina market is expected to register substantial growth in the coming years, owing to its properties such as high melting point, high electrical insulation & resistance, chemical stability, and good thermal conductivity. In addition, increasing demand for High-Purity Alumina in the LED industry as they provide high-definition images is also positively influencing the market growth. The key factor which is expected to impede the growth of the High-Purity Alumina market is the high cost of production. The surge in demand from emerging economies is expected to open new opportunities for the High-Purity Alumina market in the near future.
The global High-Purity Alumina market is broadly divided based on type, application, and region:
By type - 4N High Purity Alumina, 5N High Purity Alumina, 6N High Purity Alumina
The 4N High Purity Alumina segment accounted for the largest market share in 2018 and is anticipated to show the same trend in the analyzed period, owing to a lower cost compared to other types of HPA.
By application - LED, Semiconductor, Phosphor
The LED segment dominated the market in 2018, owing to a shift from traditional incandescent light bulbs to energy-efficient LED lighting systems. Government support for cost-effective lighting solutions is also projected to increase the utilization of LED.
By region - North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
In 2018, the High-Purity Alumina global market was mainly concentrated in the three regions of Europe, North America, and Asia-Pacific, with the market share of 33.67%, 32.51%, and 28.07% respectively, accounting for a total of 94.25%. North America is expected to experience remarkable growth in the forthcoming years. Owing to the rising demand for technologically advanced consumer electronics in China, the market in the Asia-Pacific region is anticipated to witness high growth in the following years.
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of High-Purity Alumina Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of High-Purity Alumina Market by Types
4 Segmentation of High-Purity Alumina Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of High-Purity Alumina Market in Major Countries
7 North America High-Purity Alumina Landscape Analysis
8 Europe High-Purity Alumina Landscape Analysis
9 Asia Pacific High-Purity Alumina Landscape Analysis
10 Latin America, Middle East & Africa High-Purity Alumina Landscape Analysis
11 Major Players Profile
11.1 Alcoa
11.1.1 Alcoa Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Norse Hydro
11.3 Orbite Technologies
11.4 Rio Tinto Alcan
11.5 Sumitomo Chemical
11.6 RUSAL
11.7 Zibo Xinfumeng Chemicals
11.8 Hong Fu Crystal Technology
11.9 Kyushu Mitsui Aluminum
11.10 Dalian Hiland Photoelectric Material
…
Audience:
l High-Purity Alumina manufacturers
l High-Purity Alumina importers and exporters
l High-Purity Alumina traders, distributors, and suppliers
l Raw material suppliers of High-Purity Alumina
l High-Purity Alumina industry associations
l Product managers, High-Purity Alumina industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
What Information does this report contain?
l The report covers the prediction and analysis of the global High-Purity Alumina market at the global and regional levels.
l The report includes drivers and constraints that affect market growth.
l Discussed details about market opportunities
l The assessments for the regional market layout characteristics in the world.
l The report includes detailed company profiles for prominent market participants.
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