Market Overview:
The global high purity alumina (HPA) market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for HPA in light emitting diode (LED), semiconductor, phosphor, and sapphire applications. In terms of type, the 4N segment is expected to hold the largest share of the global HPA market during the forecast period. However, 5N and 6N segments are projected to grow at a higher CAGR owing to their superior properties as compared with 4N grade alumina. In terms of application, LED is expected to be one of the fastest-growing applications in terms of volume during 2018-2030.
Product Definition:
High purity alumina (HPA) is a form of alumina (Al2O3) that has been purified to a high degree. It is used in the manufacture of electronic and optical components, particularly those that require tight tolerances for dimensional accuracy and surface finish. HPA can also be used as a substrate for growing thin films of other materials.
4N:
4N, also known as quaternary ammonium salts or cationic surfactants, is a chemical compound with the formula (CH3)3N. It is a colorless liquid usually prepared by treating amines with chloroacetic acid. The commercial product consists of 80% of 4N content and it's used in various applications such as metal cleaning agent for removing oxide film from aluminum and copper surfaces.
5N:
5N is the current industry standard for purity in alumina. It means that out of a maximum of 100%, 99.99% to be exact, of the purest form can be achieved by using 5N process.
Application Insights:
High purity alumina is used in the production of light-emitting diodes (LEDs), semiconductors, phosphor, sapphire and other applications. LEDs are expected to be the fastest growing application segment over the forecast period owing to increasing demand for energy-efficient lighting solutions across various end-use segments. The growth of LED market is directly proportional to its ability as a highly transparent material which allows greater light emission from a given source. This factor along with technological advancement in LED technology is expected to drive product demand in this application segment over the next eight years.
The use of high purity alumina as an antireflective coating on glass substrates has led to significant savings in expenditure on advanced optics for space exploration programs and has also enabled superior performance at comparatively low costs, thereby augmenting its adoption across various applications areas within astronomy & astrophysics sector.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and accounted for over 40% of the global revenue share. The region is expected to witness significant growth in terms of high purity alumina demand owing to rapid industrialization, rising per capita income, and expanding end-use industries across countries such as China, India, Japan, Indonesia among others.
The growing electronics industry coupled with increasing investments from foreign players is anticipated to drive the regional market further. For instance; In January 2018; Rio Tinto Group announced its plan to invest USD X billion by 2021 on developing new products and strengthening its position in Asia Pacific light rare earths sector through expansion of mining operations at Mount Weld (WA) and Lynas Corp's plant at Tanjung Jati (Malaysia). This initiative will increase production capacity by 20 kilotons each year which will cater various needs including lighting & electronic products manufacturing across Asia Pacific region.
Growth Factors:
- Increasing demand from electronics and semiconductor industry: The growth of the electronics and semiconductor industry is one of the key drivers for the high purity alumina market. This is because these industries require high purity alumina for various applications such as LED, solar cells, transistors, and microprocessors.
- Rising demand from automotive industry: The automotive industry is another key driver for the high purity alumina market. This is because this sector requires high purity alumina to manufacture catalytic converters and exhaust systems.
- Growing demand from medical device industry: The medical device industry is another major driver for the high purity alumina market due to its increasing demand for optical fibers, endoscopes, implants, and other surgical instruments that require ultra-high levels of cleanliness.
- Increasing investments in R&D by manufacturers: High Purity Alumina manufacturers are investing heavily in R&D to develop new products that can cater to specific needs of different industries such as aerospace & defense, automotive etc., thereby driving market growth further.. 5) Emerging economies offer potential growth opportunities: A large number of untapped markets exist in emerging economies which offer potential growth opportunities for players operating in the global High Purity Alumina market
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Alumina Market Research Report
By Type
4N, 5N, 6N
By Application
Light Emitting Diode, Semiconductor, Phosphor, Sapphire, Others
By Companies
Altech Chemicals, Alcoa, Orbite Technologies, Sumitomo Chemical, Baikowski Pure Solutions, Nippon Light Metal, Rusal, Sasol, Xuancheng Jingrui New Material, Dalian Hiland Photoelectric Material
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Alumina Market Report Segments:
The global High Purity Alumina 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
Light Emitting Diode, Semiconductor, Phosphor, Sapphire, 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:
- Altech Chemicals
- Alcoa
- Orbite Technologies
- Sumitomo Chemical
- Baikowski Pure Solutions
- Nippon Light Metal
- Rusal
- Sasol
- Xuancheng Jingrui New Material
- Dalian Hiland Photoelectric Material
Highlights of The High Purity Alumina 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:
- Light Emitting Diode
- Semiconductor
- Phosphor
- Sapphire
- 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 Alumina 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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 Alumina is a type of alumina that has been refined to have a higher purity than other types of alumina. This means that it has fewer impurities, which makes it more effective and efficient when used in products such as glass and ceramics.
Some of the major companies in the high purity alumina market are Altech Chemicals, Alcoa, Orbite Technologies, Sumitomo Chemical, Baikowski Pure Solutions, Nippon Light Metal, Rusal, Sasol, Xuancheng Jingrui New Material, Dalian Hiland Photoelectric Material.
The high purity alumina market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Purity Alumina Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High Purity Alumina Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Purity Alumina Market - Supply Chain
4.5. Global High Purity Alumina Market Forecast
4.5.1. High Purity Alumina Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Purity Alumina Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Purity Alumina Market Absolute $ Opportunity
5. Global High Purity Alumina Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High Purity Alumina Market Size and Volume Forecast by Type
5.3.1. 4N
5.3.2. 5N
5.3.3. 6N
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Purity Alumina Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High Purity Alumina Market Size and Volume Forecast by Application
6.3.1. Light Emitting Diode
6.3.2. Semiconductor
6.3.3. Phosphor
6.3.4. Sapphire
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Purity Alumina Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High Purity Alumina Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High Purity Alumina Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High Purity Alumina Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High Purity Alumina Demand Share Forecast, 2019-2026
9. North America High Purity Alumina Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High Purity Alumina Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High Purity Alumina Market Size and Volume Forecast by Application
9.4.1. Light Emitting Diode
9.4.2. Semiconductor
9.4.3. Phosphor
9.4.4. Sapphire
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Purity Alumina Market Size and Volume Forecast by Type
9.7.1. 4N
9.7.2. 5N
9.7.3. 6N
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High Purity Alumina Demand Share Forecast, 2019-2026
10. Latin America High Purity Alumina Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High Purity Alumina Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High Purity Alumina Market Size and Volume Forecast by Application
10.4.1. Light Emitting Diode
10.4.2. Semiconductor
10.4.3. Phosphor
10.4.4. Sapphire
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Purity Alumina Market Size and Volume Forecast by Type
10.7.1. 4N
10.7.2. 5N
10.7.3. 6N
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High Purity Alumina Demand Share Forecast, 2019-2026
11. Europe High Purity Alumina Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High Purity Alumina Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High Purity Alumina Market Size and Volume Forecast by Application
11.4.1. Light Emitting Diode
11.4.2. Semiconductor
11.4.3. Phosphor
11.4.4. Sapphire
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Purity Alumina Market Size and Volume Forecast by Type
11.7.1. 4N
11.7.2. 5N
11.7.3. 6N
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.0. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High Purity Alumina Demand Share, 2019-2026
12. Asia Pacific High Purity Alumina Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High Purity Alumina Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High Purity Alumina Market Size and Volume Forecast by Application
12.4.1. Light Emitting Diode
12.4.2. Semiconductor
12.4.3. Phosphor
12.4.4. Sapphire
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Purity Alumina Market Size and Volume Forecast by Type
12.7.1. 4N
12.7.2. 5N
12.7.3. 6N
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High Purity Alumina Demand Share, 2019-2026
13. Middle East & Africa High Purity Alumina Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High Purity Alumina Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High Purity Alumina Market Size and Volume Forecast by Application
13.4.1. Light Emitting Diode
13.4.2. Semiconductor
13.4.3. Phosphor
13.4.4. Sapphire
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Purity Alumina Market Size and Volume Forecast by Type
13.7.1. 4N
13.7.2. 5N
13.7.3. 6N
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High Purity Alumina Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Purity Alumina Market: Market Share Analysis
14.2. High Purity Alumina Distributors and Customers
14.3. High Purity Alumina Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Altech Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alcoa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Orbite Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sumitomo Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Baikowski Pure Solutions
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nippon Light Metal
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rusal
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sasol
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Xuancheng Jingrui New Material
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dalian Hiland Photoelectric Material
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
