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High Purity Alumina Market: Global Industry Growth, COVID-19 Analysis, Research, Statistics and Forecast to 2025

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High Purity Alumina Market: Global Industry Growth, COVID-19 Analysis, Research, Statistics and Forecast to 2025

December 12
05:09 2020
High Purity Alumina Market: Global Industry Growth, COVID-19 Analysis, Research, Statistics and Forecast to 2025
Global High Purity Alumina Market Research Report: Information by Type (4N, 5N and 6N), Application (LED, Semiconductor, Phosphor and others) and Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) – Forecast till 2025

Market Overview

The Global High Purity Alumina Market is expected to register 19.4% CAGR and reach around USD 9,990.2 Million by the end of 2025. 

Market highlights

Alumina with high purity is known to be the high-end source of aluminium oxide used in commercial as well as high-tech specialty end-use applications. Due to factors such as growing demand for LED lighting coupled with declining LED costs, increasing demand for lithium-ion batteries due to increased electric vehicle use and increasing demand for mobile applications, the need for HPA is increasingly increasing. Driven products have a high longevity, consistency and reliability, rendering end-user acceptance rates high. In the projected timeframe, this growth in the adoption rate is expected to fuel the market. The market share of HPA products is raised by the phosphorus used to manufacture plasma displays and protective coatings. The High-purity Alumina Industry offers 360 degrees of research from adaptive chain, import and fare regulation to provincial government policy and potential effects on the sector under the comprehensive COVID-19 epidemic.

There are however a few factors that hamper the market’s growth and progress. Government regulations on “Red Mud” extracts and limited technological expertise needed to provide high purity low-cost production are the factors that could impede the growth of the global high purity alumina market.

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Competitive Dashboard

According to MRFR analysis, the key players in the Global High Purity Alumina Market are Nippon Light Metal Holdings Co., Ltd, Sasol Alcoa Inc, Sumitomo Chemical Co., Ltd, Limited, Xuancheng Jingrui New Materials Co., Ltd, Hebei Pengda Advanced Materials Technology, Altech Chemicals, and PSB Industries SA.

The high purity alumina market, along with downstream stakeholders, manufacturers, end consumers, and government organisations, has a diversified network of upstream players, including raw material suppliers. In this report, government and research bodies, manufacturers and dealers of raw materials, construction firms and industry groups are considered important stakeholders.

Segmental analysis

The global alumina market for high purity has been segmented by form, application, and area.

The market has been segmented into 4N, 5N and 6N based on product form.

The worldwide high purity alumina market is expected to lead the 4N group.

Based on use, the global market is segmented into LEDs, semiconductors, phosphorus, and others. The main applications are poised to be LEDs and semiconductors. 

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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