ID: MRFR/CnM/1419-CRR | January, 2017 | Region: Global | 107 pages | Cooked Research Reports
Market Synopsis of Global High Purity Alumina Market:
Global High Purity Alumina Market is growing rapidly at the rate of CAGR of 18.56% over the years and is expected to grow at same pace in forecasted year. With wide array of application of LED products and semiconductors such as electric vehicles, home appliances, hybrid cars and others is driving the growth of High Purity Alumina market. HPA is known as High end valued product in non- metallurgical aluminum market due to its superior properties like high wear- resistance, thermal conductivity and chemical compatibility.
The Global High Purity Alumina Market is segmented based on Products, Application and region for forecasted period 2016 to 2022. On basis of High purity alumina, it is segmented by product type as 4N, 5N and 6N.
On basis of application, LED accounts for high market share of 54% in forecasted period. LED products have high life span, durability and reliability which makes adoption rate high in end user. This increase in adoption rate is expected to boost the market in forecasted period. Phosphor used in manufacturing of plasma displays and protective coatings increase the market share of HPA product. Others products like Sapphire are used in manufacturing of scratch resistance glass for smartphones and watches.
Geographically, APAC region dominates these HPA market both in terms of volume and value and is expected to grow significantly at a CAGR of 20.75 % in 2022. China is major revenue generating country due to rapid industrialization, low cost of raw material and labor and high manufacturing of LED products. North America, Europe accounts for second and third market share in this segment.
Global High Purity Alumina Market Share, By Region (2015)
Study Objectives of High Purity Alumina Market:
The key players of Global High Purity Alumina Market are Alcoa Inc., Sumitomo Chemical Co., Ltd, Nippon Light Metal Holdings Co., Ltd, Zibo Xinfumeng Chemicals Co., Ltd, Sasol Limited, PSB Industries SA, Xuancheng Jingrui New Materials Co., Ltd, Altech Chemicals Limited, Hebei Pengda Advanced Materials Technology Co., Ltd and others.
Reasons to Buy:
The report covers brief analysis of geographical region such as:
The report for Global High Purity Alumina Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.