The LED Application Segment is Expected to Register the Highest Market Growth in the High Purity Alumina (Tons)


Posted September 9, 2019 by abhijeetw1

The global high purity alumina (HPA) market is projected to reach USD 5.09 Billion by 2020, at a CAGR of 20.1%

 
The global high purity alumina (HPA) market was valued at USD 1.73 Billion in 2014, and is projected to reach USD 5.09 Billion by 2020, at a CAGR of 20.1% between 2015 and 2020. The global HPA market has been categorized on the basis of purity level, application, and region. In terms of value, the 4N segment led the global HPA market in 2014. Furthermore, various applications included in the study are LED, semiconductor, phosphor, sapphire, and others.

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The key players in this market are Altech Chemicals Limited (Australia), Alcoa Inc.(U.S.), Orbite Technologies Inc.(Canada), Rusal ( Russia), Sumitomo Chemical Co.Ltd.(Japan) and among others.

On the basis of Purity Level, the global HPA market has been segmented into:

4N
5N
6N
On the basis of Application, the global HPA market has been segmented into:

LED
Semiconductor
Phosphor
Sapphire
Others
Among all applications, the LED segment led the high purity alumina market in 2014. More than half of the production of high purity alumina is used in lighting, automobile headlights, and mobile phones backlights, among others.

On the basis of purity level, the high purity alumina market is segmented into 4N, 5N, and 6N. 4N high purity alumina serves to be the main source material used in the development of scratch-resistant artificial sapphire glass. They are also utilized in smartphones and portable tablet devices.

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Issued By MNM
Country United States
Categories Business , Industry , Manufacturing
Tags high purity alumina , high purity alumina market
Last Updated September 9, 2019