BANGALORE, India, Dec. 24, 2020 /PRNewswire/ -- High Purity Alumina Market is segmented by Type (4N High Purity Alumina, 5N High Purity Alumina, and 6N High Purity Alumina), Technology (Hydrolysis and Hydrochloric Acid Leaching), and Application (LED Bulbs, Semiconductor Substrate, Li-Ion Batteries, Optical Lenses, Bio Medical Devices, and Others). This report is published on Valuates Reports in the Chemical Industry Category. It also covers Global & Regional Opportunity Analysis and Industry Forecast to 2027.
The global High Purity Alumina (HPA) market size was valued at USD 1.3 Billion in 2019 and is projected to reach USD 4.8 Billion by 2026, growing at a CAGR of 20.7% from 2020 to 2026.
Major factors driving the growth of high purity alumina marker size are, increasing application in semiconductor, phosphor, and sapphire, raising adoption of LED bulbs, increase in the electric vehicles.
The global high purity alumina market analysis covers in-depth information of major industry participants. Porter's five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
TRENDS INFLUENCING THE HIGH PURITY ALUMINA MARKET SIZE
4N high-purity alumina is used in the manufacture of Li-ion batteries. Automotive manufacturers are concentrating on the development of electric vehicles (EVs) due to environmental regulations imposed by the Governments to reduce environmental pollution and to reduce reliance on traditional fuel sources. This in turn is expected to increase the demand for Li-ion batteries, thus driving the growth of high purity alumina market size.
Demand for LED bulbs is significantly higher in developing economies such as China and India. The Government of these countries has urged people to use energy-efficient lights to reduce the country's energy usage. The growing adoption of LED bulbs is expected to drive the high purity alumina market size.
High purity alumina is the key source material used in the development of scratch-resistant artificial sapphire glass. They are also used in smartphones and tablet computers. This wide range of end-user applications is expected to dive into the high purity alumina market size.
HIGH PURITY ALUMINA MARKET SHARE ANALYSIS
Based on type, the 4N high purity alumina segment accounted for the largest high purity alumina market share in 2019. 4N HPA finds its major demand for LED bulbs and electronic displays. Leading companies in this market invest more in R&D to provide product customization as per the requirements of the application areas. Government funding, coupled with lower costs compared to other forms of HPA, is expected to drive the 4N HPA market size during the forecast period.
Based on application, the LED bulb segment accounted for the largest high purity alumina market share in 2019. The introduction of strict regulations to deploy energy-efficient lights around the globe stimulates the market penetration of LEDs. In addition, governments' initiative to enable people to use LED bulbs to minimize energy usage is likely to boost demand for LED bulbs.
Based on region, the Asia-Pacific region held the largest high purity alumina market share in 2019. This dominance of the Asia-pacific region is attributed to the presence of existing HPA players in the region and increased demand for HPA from the automotive and electronics. In addition, the strict regulations imposed by the government on the manufacture, import, and sale of incandescent lights have led to the growth of the smart lighting industry that produces LED light bulbs, thereby boosting high purity alumina market size.
Inquire For Regional Report: https://reports.valuates.com/request/regional/ALLI-Manu-2H46/High_Purity_Alumina_Market
- 4N high purity alumina
- 5N high purity alumina
- 6N high purity alumina
- Hydrochloric Acid Leaching
- LED Bulbs
- Semiconductor Substrate
- Li-ion Batteries
- Optical Lenses
- Bio Medical Devices
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Manu-2H46&lic=single-user
Buy Now for Enterprise User: https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Manu-2H46&lic=enterprise-license
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
- High Purity Alumina Trihydrate (ATH) Market is segmented by Product Type - Industrial Grade, Food Grade, Pharmaceutical Grade, Application - Industrial Application, Food Application, Pharmaceutical Application, by key players , Region - North America, LAMEA, Middle East, Asia pacific etc.
- High Purity Alumina Powder market is segmented by Product Type - 99% (2N), 99. 9% (3N), 99. 99% (4N), 99. 999% (5N), Others, Application - Battery, Ceramic, Semiconductor, Material Processing, Automotive & Transportation, Others, Region - North America, LAMEA, Middle East, Asia pacific. etc.
- High Purity Alumina Coated Separator Market is segmented by Type - Polyolefin Separator, Polyester Non-Woven, by Application - Consumer Electronics, Power Battery, Industry and Energy Storage, by key players , Region - North America, LAMEA, Middle East, Asia pacific. etc.
- The High Purity Zinc market is segmented by Type - 3N, 4N, 5N, by Application - Semiconductors, Reducing Agent, Electronics, by key players , Region - North America, LAMEA, Middle East, Asia pacific. etc.
- High Purity Gallium Metal Market is segmented by Type - 2N, 3N, 4N, 5N, by Application - Semiconductors, Biomedical Applications, Galinstan and Other Alloys, Others, by key players, Region - North America, LAMEA, Middle East, Asia pacific. etc.
- High Purity Magnesium Hydroxide market is segmented by Type - pharmaceutical grade, industrial grade, electronic grade, by Application - Rubber, Pharmaceutical, Flame Retardant, Food, Plastic, by key players , Region - North America, LAMEA, Middle East, Asia pacific. etc.
- High Purity Calcium Carbonate market is segmented by Type - Uncoated Precipitated Calcium Carbonate, Coated Precipitated Calcium Carbonate, by Application - Paper Manufacturing, Plastics, Paints & Coatings, Adhesives & Sealants, by key players , Region - North America, LAMEA, Middle East, Asia pacific. etc.
- The High Purity Gold market is segmented by Type - 2N, 3N, 4N, 5N, by Application - Semiconductor Industries, Displays, Photovoltaic, by key players , Region - North America, LAMEA, Middle East, Asia pacific. etc.
- The Global High Purity Silver market is segmented by Type - 2N, 3N, 4N, 5N, by Application - Semiconductor Industries, Displays, Photovoltaic, Others, by key players , Region - North America, LAMEA, Middle East, Asia pacific. etc.
- Global High Purity Arsenic market is segmented by Type - 6N, 6.5N, 7N, by Application - Photovoltaic, Electronic, Semiconductor, by key players , Region - North America, LAMEA, Middle East, Asia pacific. etc.
- The High Purity Industrial Helium Gases market is segmented by Type - On-site Gas, Bottled Gas, by Application - Medical Treatment, Optical Fiber and Semiconductor Manufacturing, Aviation Industry, by key players , Region - North America, LAMEA, Middle East, Asia pacific. etc.
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report, Please also reach our sales team to get the complete list of our data sources.
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp : +91 9945648335
Twitter - https://twitter.com/valuatesreports
Linkedin - https://in.linkedin.com/company/valuatesreports
Facebook - https://www.facebook.com/valuatesreports
SOURCE Valuates Reports