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. The LED application accounted for the largest share of the global high purity alumina market in 2014. This large share is mainly attributed to the increasing demand of HPA in LEDs for various applications, such as home lighting, televisions, hybrid cars, and electric vehicles. On the basis of region, the high purity alumina market has been classified into Asia-Pacific, North America, Europe, and RoW. Among all regions, Asia-Pacific led the global high purity alumina market in 2014, owing to the increasing demand of HPA in the electronics sector in this region.

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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.

The shift from traditional incandescent light bulbs to energy-efficient and sustainable LED lighting systems has helped in increasing the overall demand for LEDs. The growing usage of LED lighting by both developed and emerging countries is projected to drive the demand for LED application segment in the high purity alumina market.

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.

The price of HPA depends on its impurity profile (that is, the content of silica and iron), product type (powder, block, cake, seed, pellets, ball, and ingot), and product characteristics (particle size and density). HPA prices are expected to decrease owing to its increased supply from small producers in China.

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Among all types of purity levels, the 4N segment led the high purity alumina (HPA) market

The 4N segment led the global high purity alumina (HPA) in 2014, and accounted for the maximum market share in terms of volume. This segment is projected to grow at the highest CAGR during the forecast period.

Increase in demand of high purity alumina from the LED industry

The LED application segment led the global high purity alumina (HPA) market in 2014, and is projected to grow at the highest CAGR between 2015 and 2020. The growing adoption of LEDs in varied industrial applications, such as home lighting, televisions, hybrid cars, and electric vehicles is driving the growth of the LED application segment in the high purity alumina market.

Target Audience

High Purity Alumina (HPA) Producers
HPA Traders, Distributors, and Suppliers
End-User Industries
Associations and Industry Bodies

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

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