Market Overview:
The global high purity trimethyl aluminum market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high purity trimethyl aluminum from various applications such as LED industry, solar cell, semiconductor laser, and others. In addition, the growing demand for high purity trimethyl aluminum in North America and Europe is also contributing to the growth of this market. However, factors such as stringent government regulations and environmental concerns may restrain the growth of this market during the forecast period.
Product Definition:
High purity trimethyl aluminum is a colorless, flammable liquid with a characteristic odor. It is used as a reactant in the production of polymers, pharmaceuticals and other organic compounds.
4N:
4N, also known as quaternary nitrogen or amine nitrogen is a chemical compound. It's an organic compound with the formula (NH3)2. It is usually represented by the symbol N. The double-lined box containing the symbol N represents one molecule of 4N compounds and it's color code another molecule of 4N compounds which are both yellow in color.
5N:
5N is a term used for the purity level of 99.999%. It is also known as five-number system or five-numerical digit(5NND). The 5N purity level indicates that there are no more than 5% of other substances like hydrogen, nitrogen, and so on in the product.
The high quality levels indicated by the “5” in front of N make this number system very popular among consumers globally.
Application Insights:
The global high purity trimethyl aluminum market is segmented based on application into LED industry, solar cell, semiconductor laser, and others. The LED industry dominated the overall market in terms of revenue share at over 40% in 2017. High Purity Trimethyl Aluminum (4N) is used for manufacturing red phosphor LEDs that are widely used in electronic devices such as smartphones and televisions.
High purity trimethyl aluminum powder is also used to manufacture blue light-emitting diodes (LEDs). Increasing demand for led-based lighting products across various end-use industries including automotive & transportation has significantly boosted the growth of the LED industry over the past few years. This trend is expected to continue during the forecast period owing to increasing R&D activities pertaining to energy efficient lighting solutions across various countries globally.
Regional Analysis:
Asia Pacific was the leading global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global consumption owing to high product demand from key end-use industries, such as LED lighting, solar cells, electronics manufacturing and others. China accounted for approximately 80% of total regional production in 2017 on account of favorable government policies supporting investments in renewable energy infrastructure coupled with rising domestic demand for high purity aluminum products used across various end-use industries including solar cell and electronics manufacturing.
North America emerged as the second largest consumer followed by Europe due to growing technological developments across several application sectors including LEDs industry, semiconductor lasers industry along with increasing R&D activities related to laser technology development within these regions.
Growth Factors:
- Increasing demand for High Purity Trimethyl Aluminum in end-use industries such as electronics, automotive, and aerospace due to its properties such as light weight, corrosion resistance, and thermal stability.
- Growing demand for High Purity Trimethyl Aluminum from the Asia Pacific region due to the increasing industrialization and growth of the automotive sector in countries such as China and India.
- Rising investment by manufacturers in R&D activities to develop new applications for High Purity Trimethyl Aluminum products.
- Increasing use of High Purity Trimethyl Aluminum in lightweight vehicles owing to stringent government regulations on fuel emissions across different regions worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Trimethyl Aluminum Market Research Report
By Type
4N, 5N, 6N
By Application
LED Industry, Solar Cell, Semiconductor Laser, Others
By Companies
Nouryon (Akzo Nobel), Albemarle, Lanxess (Chemtura), Jiangsu Nata Opto-electronic Material, SAFC Hitech, Jiang Xi Jia Yin Opt-Electronic Material, UP Chemical, Lake Materials, ARGOSUN MO, Nouryon (Akzo Nobel)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Trimethyl Aluminum Market Report Segments:
The global High Purity Trimethyl Aluminum market is segmented on the basis of:
Types
4N, 5N, 6N
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
LED Industry, Solar Cell, Semiconductor Laser, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nouryon (Akzo Nobel)
- Albemarle
- Lanxess (Chemtura)
- Jiangsu Nata Opto-electronic Material
- SAFC Hitech
- Jiang Xi Jia Yin Opt-Electronic Material
- UP Chemical
- Lake Materials
- ARGOSUN MO
- Nouryon (Akzo Nobel)
Highlights of The High Purity Trimethyl Aluminum Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 4N
- 5N
- 6N
- By Application:
- LED Industry
- Solar Cell
- Semiconductor Laser
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Trimethyl Aluminum Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High purity trimethyl aluminum is a type of metal that has been refined to have very low levels of impurities. This makes it ideal for use in products that require high levels of accuracy, such as aircraft parts and medical devices.
Some of the major players in the high purity trimethyl aluminum market are Nouryon (Akzo Nobel), Albemarle, Lanxess (Chemtura), Jiangsu Nata Opto-electronic Material, SAFC Hitech, Jiang Xi Jia Yin Opt-Electronic Material, UP Chemical, Lake Materials, ARGOSUN MO, Nouryon (Akzo Nobel).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Trimethyl Aluminum Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 High Purity Trimethyl Aluminum Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 High Purity Trimethyl Aluminum Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the High Purity Trimethyl Aluminum Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global High Purity Trimethyl Aluminum Market Size & Forecast, 2018-2028 4.5.1 High Purity Trimethyl Aluminum Market Size and Y-o-Y Growth 4.5.2 High Purity Trimethyl Aluminum Market Absolute $ Opportunity
Chapter 5 Global High Purity Trimethyl Aluminum Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Purity Trimethyl Aluminum Market Size Forecast by Type
5.2.1 4N
5.2.2 5N
5.2.3 6N
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Trimethyl Aluminum Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Purity Trimethyl Aluminum Market Size Forecast by Applications
6.2.1 LED Industry
6.2.2 Solar Cell
6.2.3 Semiconductor Laser
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Trimethyl Aluminum Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Trimethyl Aluminum Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Purity Trimethyl Aluminum Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Trimethyl Aluminum Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Purity Trimethyl Aluminum Market Size Forecast by Type
9.6.1 4N
9.6.2 5N
9.6.3 6N
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Purity Trimethyl Aluminum Market Size Forecast by Applications
9.10.1 LED Industry
9.10.2 Solar Cell
9.10.3 Semiconductor Laser
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Purity Trimethyl Aluminum Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Trimethyl Aluminum Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Purity Trimethyl Aluminum Market Size Forecast by Type
10.6.1 4N
10.6.2 5N
10.6.3 6N
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Purity Trimethyl Aluminum Market Size Forecast by Applications
10.10.1 LED Industry
10.10.2 Solar Cell
10.10.3 Semiconductor Laser
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Purity Trimethyl Aluminum Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Trimethyl Aluminum Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Purity Trimethyl Aluminum Market Size Forecast by Type
11.6.1 4N
11.6.2 5N
11.6.3 6N
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Purity Trimethyl Aluminum Market Size Forecast by Applications
11.10.1 LED Industry
11.10.2 Solar Cell
11.10.3 Semiconductor Laser
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Purity Trimethyl Aluminum Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Trimethyl Aluminum Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Purity Trimethyl Aluminum Market Size Forecast by Type
12.6.1 4N
12.6.2 5N
12.6.3 6N
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Purity Trimethyl Aluminum Market Size Forecast by Applications
12.10.1 LED Industry
12.10.2 Solar Cell
12.10.3 Semiconductor Laser
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Purity Trimethyl Aluminum Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Trimethyl Aluminum Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Purity Trimethyl Aluminum Market Size Forecast by Type
13.6.1 4N
13.6.2 5N
13.6.3 6N
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Purity Trimethyl Aluminum Market Size Forecast by Applications
13.10.1 LED Industry
13.10.2 Solar Cell
13.10.3 Semiconductor Laser
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Trimethyl Aluminum Market: Competitive Dashboard
14.2 Global High Purity Trimethyl Aluminum Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nouryon (Akzo Nobel)
14.3.2 Albemarle
14.3.3 Lanxess (Chemtura)
14.3.4 Jiangsu Nata Opto-electronic Material
14.3.5 SAFC Hitech
14.3.6 Jiang Xi Jia Yin Opt-Electronic Material
14.3.7 UP Chemical
14.3.8 Lake Materials
14.3.9 ARGOSUN MO
14.3.10 Nouryon (Akzo Nobel)