This highpurity alumina market report provides details of new recent developments, traderegulations, import export analysis, production analysis, value chainoptimization, market share, impact of domestic and localised market players,analyses opportunities in terms of emerging revenue pockets, changes in marketregulations, strategic market growth analysis, market size, category marketgrowths, application niches and dominance, product approvals, product launches,geographical expansions, technological innovations in the market. To gain moreinfo on high purity alumina market contact Data Bridge Market Research for anAnalyst Brief, our team will help you take an informed market decision toachieve market growth.
Data BridgeMarket Research analyses that the high purity alumina market will witness aCAGR of 18.5% for the forecast period of 2021-2028. Rising demand for highpurity alumina globally and rising technological advancements are the two majorfactors driving the growth of high purity alumina market.
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High purityalumina is a high- purity form of aluminium oxide. High purity alumina fallsunder the category of non-metallurgical alumina products and is a vitalingredient used in the manufacturing of synthetic fibre. High purity alumina isused as a base material in manufacturing the sapphire substrates and is alsoextensively used in the production of LED lights, optical windows andsmartphone components and semiconductor wafers. There is no substitute to highpurity alumina in the manufacturing of synthetic sapphire. Therefore, highpurity alumina is high- yield, high- value and high- demanded product.Characterized by a minimum purity level of 99.99%, the high purity aluminapossesses properties such as high brightness, corrosion resistance andresistance against high temperatures.
Risingadoption of LED bulbs over traditional bulbs is inducing the growth of highpurity alumina. Rising awareness regarding energy consumption and increasedefforts by the government to promote awareness about energy- efficient bulbs isfurther propelling the growth of high purity alumina. Growth and expansion ofhealthcare and automotive sector have also led to the generation of lucrativeremunerative opportunities for the high purity alumina market. Non-availabilityof substitutes is also fostering the market growth rate.
However,high costs associated with high purity alumina will pose a major challenge tothe growth of the market. Stringent regulations imposed by the government onthe extraction of “Red Mud” will further create hindrances for the growth ofhigh purity alumina market.
The highpurity alumina market is segmented on the basis of purity level, application,end user industry and technology. The growth amongst the different segmentshelps you in attaining the knowledge related to the different growth factorsexpected to be prevalent throughout the market and formulate differentstrategies to help identify core application areas and the difference in yourtarget market.
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On the basisof purity level, the high purity alumina market is segmented into 4N puritylevel, 5N purity level and 6N purity level.
On the basisof application, the high purity alumina market is segmented into LED,semiconductor, phosphor, sapphire and others.
On the basisof end user industry, the high purity alumina market is segmented intoelectronics, automotive and others. Electronics segment is sub- segmented intolaptops, tablets, mobile phones, UPS and others. Automotive segment is sub-segmented into electric vehicle and plug-in hybrid electric vehicles.
On the basisof technology, the high purity alumina market is segmented into hydrolysis andhydrochloric acid leaching.
The highpurity alumina market is analysed and market size, volume information isprovided by country, purity level, application, end user industry andtechnology as referenced above.
Thecountries covered in the high purity alumina market report are U.S., Canada andMexico in North America, Germany, France, U.K., Netherlands, Switzerland,Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan,India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia,Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), SaudiArabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest ofSouth America as part of South America.
Asia-Pacificdominates the high purity alumina market in terms of market share and marketrevenue. The region is set to continue to flourish its dominance over theforecast period. Rising demand for high purity alumina by automotive andelectronics industries is fostering the growth of market in this region. Growthand expansion of various other end user verticals such as chemical industry isbolstering the growth of market. India and China will emerge as the majorcontributors from this region. Presence of major key players is anotherimportant market growth determinant.
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The countrysection of the high purity alumina market report also provides individualmarket impacting factors and changes in regulation in the market domesticallythat impacts the current and future trends of the market. Data points such asconsumption volumes, production sites and volumes, import export analysis,price trend analysis, cost of raw materials, down-stream and upstream valuechain analysis are some of the major pointers used to forecast the marketscenario for individual countries. Also, presence and availability of globalbrands and their challenges faced due to large or scarce competition from localand domestic brands, impact of domestic tariffs and trade routes are consideredwhile providing forecast analysis of the country data.
The highpurity alumina market competitive landscape provides details by competitor.Details included are company overview, company financials, revenue generated,market potential, investment in research and development, new marketinitiatives, global presence, production sites and facilities, productioncapacities, company strengths and weaknesses, product launch, product width andbreadth, application dominance. The above data points provided are only relatedto the companies’ focus related to high purity alumina market.
The majorplayers covered in the high purity alumina market report are Norsk Hydro ASA,Sumitomo Chemical Co., Ltd., Baikowski SA, Alcoa Corporation, Nippon LightMetal Holdings Co., Ltd., Altech Chemicals Ltd, Zibo Honghe Chemical Co., Ltd.,Xuan Cheng Jing Rui New Material Co.,Ltd, Sasol LTD, KRATON CORPORATION., RioTinto, Polar Sapphire Ltd., Alpha HPA Limited, CHALCO Shandong AdvancedMaterial Co.,Ltd, ORBITE TECHNOLOGIES INC., RusAL., Oxide India, Hebei Heng Bonew material Polytron Technologies Inc., Keheng New Energy Technology(shenzhen) Co., Ltd. and Shandong Gemsung Technology Co., Ltd. among otherdomestic and global players. Market share data is available for global, NorthAmerica, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and SouthAmerica separately. DBMR analysts understand competitive strengths and providecompetitive analysis for each competitor separately.
Global HighPurity Alumina Market, By Purity level (4N Purity Level, 5N Purity Level and 6NPurity Level), Application (LED, Semiconductor, Phosphor, Sapphire and Others),End User Industry (Electronics, Automotive and Others), Technology (Hydrolysisand Hydrochloric Acid Leaching), Country (U.S., Canada, Mexico, Brazil,Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain,Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India,South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines,Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest ofMiddle East and Africa) Industry Trends and Forecast to 2028
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