Market Overview:
The global high purity aluminum market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high purity aluminum from the electronic and chemical industries. Additionally, the growing demand for high purity alloys in other applications is also contributing to the growth of this market. On the basis of type, 4N aluminum accounted for a major share of the global high purity aluminum market in 2017. This can be attributed to its superior properties such as good electrical conductivity and thermal conductivity when compared with other types of aluminum alloys.
Product Definition:
High purity aluminum is a metal with a very low level of impurities. It is used in applications where the highest levels of purity are required, such as in semiconductor fabrication and medical implants.
4N:
4N, also known as quaternary ammonium salts or counter-ions, is a chemical compound of ammonia and water with a positive ionic charge. It is usually represented by the symbol N+ or N(+) where "+" represents the cation part and "-" represents an anion part.
4N5:
4N5 is a type of aluminum alloy, which consists of 4% nitrogen, 5% aluminum and 95% copper. It has the ability to improve mechanical properties such as strength and hardness at low temperatures. The material also shows improved electrical conductivity when compared to pure aluminum.
The global high purity aluminum market is expected to witness significant growth over the forecast period owing to increasing demand from electronics industry coupled with rising concerns regarding energy efficiency in electronic devices.
Application Insights:
The electronic industry segment accounted for the largest share of over 30% in 2017. The growing electronics industry across the globe is expected to remain a key factor driving product demand over the forecast period. Electronic products such as smartphones, laptops, and cameras use various high-purity aluminum alloys in their manufacturing process owing to its superior properties including ductility, malleability, and extrusion ability. These alloys also find application in consumer electronics such as flat panel TVs and refrigerators where it is used for heat dissipation from panels/components to rear chassis or cooling system respectively.
High purity aluminum has several other applications including chemical processing (for use as an alloying agent) and aerospace & defense (in structural components).
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% of global high purity aluminum market in 2017 owing to growing demand from various end-use industries, such as electronics, automotive, and chemical. China is projected to remain a key consumer due to increasing production levels coupled with rising foreign investments across various sectors including construction materials and electronic products.
Europe was valued at USD X million in 2017 owing to high demand from major end-use industries mainly electronics manufacturing which accounts for a significant share of Europe’s economy. North America also contributed significantly towards global industry growth on account of rising product requirements from several major end-user companies including aerospace & defense sector primarily Lockheed Martin Corporation; Boeing Company; General Dynamics Mission Systems LLC.; United Technologies Electronic Controls Inc.; Pratt & Whitney Canada Ltd., along with other small and medium enterprises (SMEs).
Growth Factors:
- Increasing demand from the automotive and aerospace industries due to its lightweight properties and corrosion resistance.
- Growing demand for aluminum alloys in the construction industry as a substitute for traditional materials such as steel and copper.
- Rising consumption of aluminum in electrical & electronics applications due to its superior conductivity properties.
- Rapid growth of the packaging industry in developing countries, which is fueling demand for high purity aluminum products used in food & beverage cans, aerosol cans, etcetera .
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Aluminum Market Research Report
By Type
4N, 4N5, 5N, 5N5+
By Application
Electronic Industry, Chemical Industry, High Purity Alloy, Other Applications
By Companies
Joinworld, HYDRO, SHOWA DENKO, Chinalco Baotou Aluminum, Kyushu Mitsui Aluminium, Huomei Hongjun, Dongyang Guanglv, Rusal, Sumitomo, Newchangjiang Aluminum, C-KOE Metals, Nippon Light Metal, Columbia Specialty Metals
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Aluminum Market Report Segments:
The global High Purity Aluminum market is segmented on the basis of:
Types
4N, 4N5, 5N, 5N5+
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
Electronic Industry, Chemical Industry, High Purity Alloy, Other Applications
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:
- Joinworld
- HYDRO
- SHOWA DENKO
- Chinalco Baotou Aluminum
- Kyushu Mitsui Aluminium
- Huomei Hongjun
- Dongyang Guanglv
- Rusal
- Sumitomo
- Newchangjiang Aluminum
- C-KOE Metals
- Nippon Light Metal
- Columbia Specialty Metals
Highlights of The High Purity 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
- 4N5
- 5N
- 5N5+
- By Application:
- Electronic Industry
- Chemical Industry
- High Purity Alloy
- Other Applications
- 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 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 aluminum is an alloy of aluminum with a purity level above 99.9%.
Some of the major players in the high purity aluminum market are Joinworld, HYDRO, SHOWA DENKO, Chinalco Baotou Aluminum, Kyushu Mitsui Aluminium, Huomei Hongjun, Dongyang Guanglv, Rusal, Sumitomo, Newchangjiang Aluminum, C-KOE Metals, Nippon Light Metal, Columbia Specialty Metals.
The high purity aluminum market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Purity Aluminum 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 Aluminum 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 Aluminum Market - Supply Chain
4.5. Global High Purity Aluminum Market Forecast
4.5.1. High Purity Aluminum Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Purity Aluminum Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Purity Aluminum Market Absolute $ Opportunity
5. Global High Purity Aluminum 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 Aluminum Market Size and Volume Forecast by Type
5.3.1. 4N
5.3.2. 4N5
5.3.3. 5N
5.3.4. 5N5+
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Purity Aluminum 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 Aluminum Market Size and Volume Forecast by Application
6.3.1. Electronic Industry
6.3.2. Chemical Industry
6.3.3. High Purity Alloy
6.3.4. Other Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Purity Aluminum 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 Aluminum 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 Aluminum 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 Aluminum 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 Aluminum Demand Share Forecast, 2019-2026
9. North America High Purity Aluminum 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 Aluminum 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 Aluminum Market Size and Volume Forecast by Application
9.4.1. Electronic Industry
9.4.2. Chemical Industry
9.4.3. High Purity Alloy
9.4.4. Other Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Purity Aluminum Market Size and Volume Forecast by Type
9.7.1. 4N
9.7.2. 4N5
9.7.3. 5N
9.7.4. 5N5+
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 Aluminum Demand Share Forecast, 2019-2026
10. Latin America High Purity Aluminum 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 Aluminum 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 Aluminum Market Size and Volume Forecast by Application
10.4.1. Electronic Industry
10.4.2. Chemical Industry
10.4.3. High Purity Alloy
10.4.4. Other Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Purity Aluminum Market Size and Volume Forecast by Type
10.7.1. 4N
10.7.2. 4N5
10.7.3. 5N
10.7.4. 5N5+
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 Aluminum Demand Share Forecast, 2019-2026
11. Europe High Purity Aluminum 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 Aluminum 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 Aluminum Market Size and Volume Forecast by Application
11.4.1. Electronic Industry
11.4.2. Chemical Industry
11.4.3. High Purity Alloy
11.4.4. Other Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Purity Aluminum Market Size and Volume Forecast by Type
11.7.1. 4N
11.7.2. 4N5
11.7.3. 5N
11.7.4. 5N5+
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. 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 Aluminum Demand Share, 2019-2026
12. Asia Pacific High Purity Aluminum 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 Aluminum 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 Aluminum Market Size and Volume Forecast by Application
12.4.1. Electronic Industry
12.4.2. Chemical Industry
12.4.3. High Purity Alloy
12.4.4. Other Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Purity Aluminum Market Size and Volume Forecast by Type
12.7.1. 4N
12.7.2. 4N5
12.7.3. 5N
12.7.4. 5N5+
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 Aluminum Demand Share, 2019-2026
13. Middle East & Africa High Purity Aluminum 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 Aluminum 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 Aluminum Market Size and Volume Forecast by Application
13.4.1. Electronic Industry
13.4.2. Chemical Industry
13.4.3. High Purity Alloy
13.4.4. Other Applications
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 Aluminum Market Size and Volume Forecast by Type
13.7.1. 4N
13.7.2. 4N5
13.7.3. 5N
13.7.4. 5N5+
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 Aluminum Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Purity Aluminum Market: Market Share Analysis
14.2. High Purity Aluminum Distributors and Customers
14.3. High Purity Aluminum Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Joinworld
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HYDRO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SHOWA DENKO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Chinalco Baotou Aluminum
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kyushu Mitsui Aluminium
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Huomei Hongjun
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dongyang Guanglv
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rusal
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sumitomo
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Newchangjiang Aluminum
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. C-KOE Metals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nippon Light Metal
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Columbia Specialty Metals
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
