High Purity Alumina Market by Type, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025
NEW YORK, Sept. 24, 2019 /PRNewswire/ --
High Purity Alumina Market 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 Lenses, and Others): Global Opportunity Analysis and Industry Forecast, 2018 - 2025
Download the full report: https://www.reportbuyer.com/product/5793269/?utm_source=PRN
High-purity alumina (HPA) is a premium product that falls under non-metallurgical alumina products, characterized by a minimum purity level of 99.99%. HPA is utilized as a base material to manufacture sapphire substrates in applications such as light-emitting diodes (LEDs) and artificial sapphire glass. It possesses properties such as corrosion resistance, high brightness, and can withstand high temperatures.
High adoption of LED bulbs over traditional bulbs coupled with technological evolution drive the growth of the global high-purity alumina market. Its superior properties such as durability, reliability, and low radiated heat, have led to rise in adoption of LED products, thereby driving the demand for HPA. In addition, upsurge in production of electric vehicles in North America, Europe, and Asia-Pacific has boosted the demand for HPA, as it is used in manufacturing of batteries in electric vehicles. However, increase in prices of HPA is the significant factor anticipated to restrain the market growth during the forecast period.
The global high-purity alumina market is segmented based on type, technology, application, and region. On the basis of type, the market is be categorized into 4N, 5N, and 6N. By technology, it is bifurcated into hydrolysis and hydrochloric acid leaching (HCL). The applications covered in the study comprise LED bulbs, semiconductor substrates, li-ion batteries, optical lenses, bio-medical devices, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major players analyzed in this report are Orbite Technologies Inc., Sumitomo Chemical Co., Ltd, Baikowski SAS, Alcoa Inc., Nippon Light Metal Holdings Company, Ltd., Altech Chemicals Ltd., Zibo Honghe Chemical Co. Ltd., UC Rusal, Sasol, and Xuan Cheng Jing Rui New Material Co. Ltd.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the high purity alumina market from 2018 to 2025 to determine the prevailing opportunities.
- A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
- Estimations and forecast based on factors impacting the market growth, in terms of value, are provided.
- Profiles of leading players operating in the market are provided to understand the competitive scenario.
- The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth
KEY MARKET SEGMENTS
• By Type
o 4N High Purity Alumina
o 5N High Purity Alumina
o 6N High Purity Alumina
• By Technology
o Hydrolysis
o Hydrochloric Acid Leaching
• By Application
o LED Bulbs
o Semiconductor Substrate
o LI-Ion Batteries
o Optical Lenses
o Bio Medical Lenses
o Others
• By Region
o North America
o Europe
o Asia-Pacific
o LAMEA
KEY MARKET PLAYERS
• Alcoa Inc.
• Sasol Ltd.
• Sumitomo Chemical Co.
• Nippon Light Metal Holdings Company, Ltd.
• Altech Chemicals Ltd.
The other players in the value chain include Orbite Technologies Inc, Baikowski SAS, Zibo Honghe Chemical Co. Ltd., UC Rusal, Sasol, and Xuan Cheng Jing Rui New Material Co. Ltd.
Download the full report: https://www.reportbuyer.com/product/5793269/?utm_source=PRN
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +1 (718) 213 4904
Website: www.reportbuyer.com
SOURCE ReportBuyer
Share this article