Global High Purity Alumina Market By Purity level (4N Purity Level, 5N Purity Level, 6N Purity Level), Application (LED, Semiconductor, Phosphor, Sapphire, Others), End use (Electronics, Automotive, Others), Technology (Hydrolysis, Hydrochloric Acid Leaching), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026.
Market Analysis: Global High Purity Alumina Market
Global high purity alumina market is expected to an estimated value of USD 16.21 billion by 2026, registering a healthy CAGR of 20.50% in the forecast period of 2019-2026. This rise in market value can be attributed due to technology advancement and rising demand for HPA globally.
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Competitive Analysis: Global High Purity Alumina Market
Global high purity alumina market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of high purity alumina market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Segmentation: Global High Purity Alumina Market
By Purity level
• 4N Purity Level
• 5N Purity Level
• 6N Purity Level
By Application
• LED
• Semiconductor
• Phosphor
• Sapphire
• Others
By End use
• Electronics
o Laptops/Tablets
o Mobile Phones
o . UPS
o . Others
• Automotive
o Electric Vehicle
o Plug-in Hybrid Electric Vehicles
• Others
By Technology
• Hydrolysis
• Hydrochloric Acid Leaching
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Market Definition: Global High Purity Alumina Market
High purity alumina is vital ingredient that is used for the manufacturing of synthetic fiber. It is highly valuable, profitable and demanded substance because of its superior and advanced properties. Synthetic sapphire is extensively used in production of LED lights, optical windows and smartphone components and semiconductor wafers. Presently there is no alternative available for HPA in the production of synthetic sapphire, and thereby it is highly demanded.
Key Market Competitors: Global High Purity Alumina Market
Few of the major competitors currently working in the global high purity alumina market are Altech Chemicals Ltd, Alcoa Corporation, ORBITE TECHNOLOGIES INC., Sumitomo Chemical Co., Ltd., BAIKOWSKI, Nippon Light Metal Co.,Ltd, RUSAL, Xuan Cheng Jing Rui New Material Co.,Ltd, Oxide India, Zibo Honghe Chemical Co., Ltd., Hebei Heng Bo new material Polytron Technologies Inc, and others.
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