Pulished Date October, 2019
ID: 8788
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High Purity Alumina Market Segmented by Type (6N High purity alumina, 5N High purity alumina, 4N High purity alumina), by Technology (Hydrolysis and Hydrochloric Acid), by application (Light Emitting Diode (LED), Phosphor, Semi-Conductor, Bio-Medical Devices) Regional analysis- Global Industry size, Growth, Trends, Value, Demand and Competitive Analysis Forecast Report 2019-2024

Pulished: October, 2019
ID: 8788
Pages: 1750

High Purity Alumina Market Growth Rate Analysis:

High Purity Alumina Market was estimated at USD 1.1 billion in 2018 and is expected to expand at CAGR 21.2% to reach USD 4.9 Billion by 2024.

High purity alumina (HPA) is a treated premium non-metallurgical type of alumina defined by its purity level. It has properties such as chemical stability, high melting point, high electrical resistance & insulation, and good thermal conductivity, making it the perfect choice for electrical and mechanical applications.

Recent Developments:

In Feb- 2017, Orbite Technologies, a market giant of High purity Alumina Market, announced that it is expanding its plant to produce the commercial HPA products.

Drivers and Restraints of the High Purity Alumina Market:

Drivers:

The governments of several countries have banned the use of incandescent bulbs due to their inefficiency and a large amount of heat generation. With the drumbeat of the authorities to phase out these bulbs, regions such as Europe, Argentina, Malaysia, Japan, the United States, Canada, and Mexico have enforced this ban, and the search for efficient alternatives has begun among end-users and LED’s are expected to provide a practical solution. So, the growth of the usage of LED’s is directly expected to drive the High Purity Alumina Market.

The demand for high-purity alumina is mainly driven by its growth in applications in Li-ion batteries. The increase in demand for lithium-ion batteries can be attributed to the rise in demand for electric cars worldwide to reduce carbon emissions is expected to drive the market.

Restraints:

High cost to replace incandescent bulbs with LED’s can act as a significant obstacle that constrains the High Purity Alumina Market.

Detailed Segmentation of the High Purity Alumina Market:

High Purity Alumina Market – By Type:

  • 6N
  • 5N
  • 4N

High Purity Alumina Market – By Technology:

  • Hydrolysis acid leaching
  • Hydrochloric acid leaching (HCL)

High Purity Alumina Market – By Application:                            

  • Light Emitting Diode          
  • Sapphire  
  • Semi-Conductor   
  • Bio-Medical Devices            
  • Others      

Global Market Growth based on Segmentation:

Based on Type:

The 4N category of HPA is alumina with a purity rate of 99.99 percent. The 4N segment has the lowest price compared to other HPA types. The 5N HPA has a purity rate of 99.999 percent. With applications in LEDs, semiconductor substrates, optical lenses, aerospace, biomedical, among others. The 6N segment of HPA has a purity level of 99.9999 percent. 6N HPA helps to develop very high-quality sapphire wafers as needed by high-end applications such as medical (surgical tools & equipment, bioceramics), automotive (lithium-ion batteries, car polish, electrical insulators, pumps, and valve components), aerospace and defense.

4N HPA finds its essential application in LED bulbs and digital displays. Leading companies in this sector invest more in R&D to provide brand customization as per the requirements of the application areas. Government support, leading to increased adoption of LEDs coupled with lower costs compared to other types of HPA, is expected to increase demand for 4N HPA and eventually drive the growth of the high-purity aluminum industry.

Based on By Technology:

Orbite Technologies is the first company to start commercial production of HPA using the HCL process, thereby reducing the cost of HPA.

Hydrolysis technology is the most adopted method used by major manufacturers for the production of HPA, due to its advantage as it helps to recover the acid that can be reused, reducing operating costs. Besides, the use of hydrolysis technology allows tailoring the HPA service for end-users. These factors are expected to increase the adoption of hydrolysis and are expected to drive the growth of high-purity alumina market.

Geographical Classification of the High Purity Alumina Market:

North America

  • U.S
  • Canada

Europe

  • Norway
  • Germany
  • Sweden

Asia Pacific

  • China
  • India
  • Japan

Latin America and Middle East Africa

  • Brazil
  • Saudi Arabia

Regional Growth Analysis of the Market:

Asia-Pacific accounted for a major share of the global high purity alumina market:

Asia-Pacific accounted for a major share of the global high purity alumina market in 2018 due to increased demand for cost-effective and energy-efficient LED lighting across the region, as high-purity alumina is widely used as raw material for the production of such lighting. In addition, the government imposed strict regulations on the production, import and sale of incandescent lights that drive the LED lighting market in that region, which eventually increased the consumption of HPA. High demand for LED lighting from countries such as China and Japan also contributes to the growth of the market in the APAC region and is expected to drive the growth of the high purity alumina market worldwide.

Leading Players involved in this Research Report are:

  1. Orbite Technologies Inc.
  2. Nippon Light Metal Holdings Company, Ltd.
  3. Sumitomo Chemical Co., Ltd.
  4. Zibo Honghe Chemical Co. Ltd.
  5. Alcoa Inc.
  6. Baikowski SAS
  7. Sasol
  8. Shandong Keheng Crystal Material Technologies Co., Ltd
  9. Xuan Cheng Jing Rui New Material Co. Ltd.
  10. Hebei Pengda Advanced Materials Technology Co., Ltd.
  11. Altech Chemicals Ltd
  12. Norsk Hydro ASA
  13. Rio Tinto Alcan Inc.
  14. Polar Sapphire Ltd
  15. CHALCO Shandong Co., Ltd.

High Purity Alumina Market Research Report Key Highlights:

  • Evaluation of the current stage of market and future implications of the market based on the detailed observation of recent key developments.
  • Address the matter by better understanding the market size estimates through CAGR analysis to forecast the future market.
  • Comprehensive segmentations of the market, detailed evaluation of the market by further sub-segments.
  • Address Market Drivers, Restraints and providing insights for gaining market share.
  • Porter’s Five Forces are used to analyze the factors responsible for the shaping of the industry as it is as a result of competitive environment.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 By Type                        

                                5.1.1 Introduction           

                                5.1.2 6N High Purity Alumina      

                                5.1.3 5N High Purity Alumina      

                                5.1.4 4N High Purity Alumina      

                                5.1.5 Y-o-Y Growth Analysis        

                                5.1.6 Market Attractiveness Analysis      

                                5.1.7 Market Share Analysis       

                5.2 By Material Type                      

                                5.2.1 Introduction           

                                5.2.2 Hydrolysis

                                5.2.3 Hydro Chloric Acid

                                5.2.4 Y-o-Y Growth Analysis        

                                5.2.5 Market Attractiveness Analysis      

                                5.2.6 Market Share Analysis       

                5.3 By Application                           

                                5.3.1 Introduction           

                                5.3.2 Light Emmiting Diode          

                                5.3.3 Sapphire  

                                5.3.4 Semi-Conductor   

                                5.3.5 Bio-Medical Devices            

                                5.3.6 Others      

                                5.3.7 Y-o-Y Growth Analysis        

                                5.3.8 Market Attractiveness Analysis      

                                5.3.9 Market Share Analysis       

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By Technology

                                                6.1.3.4 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By Tecnology

                                                6.1.4.4 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By Technology

                                                6.1.5.4 By Application

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leader Analysis                                           

                8.1 Orbite Technologies               

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Nippon Light Metal Holdings Company                           

                8.3 Sumitomo Chemical                

                8.4 Zibo Honghe Chemical                           

                8.5 Alcoa                             

                8.6 Baikowski SAS                           

                8.7 Sasol                              

                8.8 Shandog Keheng Crystal Material Technologies                         

                8.9 Xuan Cheng Jing Rui New Materials                 

                8.10  Altech Chemicals                  

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of by Type, by Technology, by Application, and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global High Purity Alumina Market By Region, From 2019-2024 ( USD Billion )
  2. Global High Purity Alumina Market By Type, From 2019-2024 ( USD Billion )
  3. Global 6N High Purity Alumina Market By Region, From 2019-2024 ( USD Billion )
  4. Global 5N High Purity Alumina Market By Region, From 2019-2024 ( USD Billion )
  5. Global 4N High Purity Alumina Market By Region, From 2019-2024 ( USD Billion )
  6. Global High Purity Alumina Market By Technology, From 2019-2024 ( USD Billion )
  7. Global Hydrolysis Market By Region, From 2019-2024 ( USD Billion )
  8. Global Hydro Choric Acid Market By Region, From 2019-2024 ( USD Billion )
  9. Global High Purity Alumina Market By Application, From 2019-2024 ( USD Billion )
  10. Global Light Emitting Diode Market By Region, From 2019-2024 ( USD Billion )
  11. Global Semi Conductor Market By Region, From 2019-2024 ( USD Billion )
  12. Global Bio-Medical Devices Market By Region, From 2019-2024 ( USD Billion )
  13. Global Sapphire Market By Region, From 2019-2024 ( USD Billion )
  14. Global Optical Instruments Market By Region, From 2019-2024 ( USD Billion )
  15. Global Other Market By Region, From 2019-2024 ( USD Billion )

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