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High Purity Alumina Market Analysis, Share and Size, Trends, Industry Growth, Overview And Segment Forecasts To 2024
The global high purity alumina market is expected to reach USD 6.41 billion by 2024, according to a new report by Grand View Research, Inc. Substantial demand for the product in plasma displays as it is a cost-effective and an energy efficient substitute for traditional materials including incandescent light bulbs is expected to drive demand. Moreover, growing demand for plasma displays is projected to propel the growth of the market over the forecast period. High purity alumina is an essential base material for artificial sapphire substrates, which are used in numerous electronics. Growing demand for high purity alumina in niche applications including medical, precision optics and defense is expected to drive demand over the forecast period. Moreover, increasing adoption of LED screen as they provide high-definition images is projected to boost demand for alumina products over the forecast period. Browse Detail Report With TOC @ http://www.hexareports.com/report/high-purity-alumina-market/details Further key findings from the report suggest: 4N high purity alumina is expected to grow at a CAGR of over 18.0% from 2016 to 2024. The increasing use of the product in ceramics, smartphones, and batteries on account of its superior electrical insulation, low moisture absorption, and improved thermal conductivity is expected to drive the demand. The product is being widely used to coat ceramic separators in lithium ion batteries.
Hexa Reports Market Research Reports and Insightful Company Profiles Rising demand for lithium ion batteries owing to growth in Electric Vehicle (EV) and Plug-in Hybrid Electric Vehicles (PHEV) is expected to drive the market demand for high purity alumina over the forecast period. Sapphire production accounted for over 12.5% of high purity alumina consumption in 2015. Growing investments in sapphire glass production on account of its increasing requirement across a wide array of applications including smartphones, tablets, LEDs and semiconductors is expected to open new opportunities over the forecast period. North America high purity alumina demand was 4.31 kilo tons in 2015. The material is being increasingly used in plasma displays as it helps in reducing the overall dimensions of the final product by making it lighter and thinner. A boom in utilities rebate on account of using LED retrofits is expected to drive the market over the forecast period. Significant demand for the material from the LED industry owing to growing use of energy efficient lighting in emerging economies including China and India coupled with rising government initiatives to increase the market share of LED lamps and minimize the use of incandescent lamps is projected to augment growth. Abundant raw material availability coupled with adequate manufacturing capabilities has led to relatively lowering production costs. Request A Sample copy of This Report @ http://www.hexareports.com/sample/159404 Nippon Light Metal is a key market player which manufactures high purity alumina, aluminum metal alloys, industrial parts, metal rolls, capacitor foils and heat exchangers. Baikowski Pure Solutions is involved in producing high purity alumina powders and other fine composites & oxides including YAG, ZTA, ceria, and Spinel. The company has its manufacturing facilities located in Japan, U.S., and France. Table Of Content Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. High Purity Alumina Market- Industry Summary and Key Buying Criteria, 2012 - 2022 Chapter 3. High Purity Alumina Industry Outlook 3.1. High purity alumina market segmentation 3.2. High purity alumina market size and growth prospects, 2012 - 2022 3.3. High purity alumina market - Value chain analysis 3.4. Raw material outlook, 2012 - 2022 3.5. Technology overview
Hexa Reports Market Research Reports and Insightful Company Profiles 3.6. Regulatory framework 3.7. High purity alumina market dynamics 3.8. Key market opportunities - Prioritized 3.9. High purity alumina Porter's analysis 3.10. High purity alumina competitive scenario, 2014 3.11. High purity alumina market PESTEL analysis, 2014 Chapter 4. High Purity Alumina Product Outlook 4.1. Global high purity alumina market share by product, 2014 & 2022 4.2. 4N 4.3. 5N 4.4. 6N Electronics Market Research Related Reports:  Tunable Diode Laser Analyzer Market Analysis And Segment Forecasts To 2024 http://www.hexareports.com/report/tunable-diode-laser-analyzer-market/details  Global Bluetooth Earphone Industry 2016 Market Research Report http://www.hexareports.com/report/global-bluetooth-earphone-industry-2016/details Chapter 5. High Purity Alumina Application Outlook 5.1. Global high purity alumina market share by application, 2014 & 2022 5.2. Light Emitting Diodes 5.3. Semiconductors 5.4. Phosphor 5.5. Sapphire 5.6. Others ( Ceramics, Protective Coatings, Abrasives and Battery Separators) Chapter 6. High Purity Alumina Regional Outlook 6.1. Global high purity alumina market share, by region, 2014 & 2022 6.2. North America 6.3. Europe 6.4. Asia Pacific 6.5. Latin America 6.6. MEA Chapter 7. Competitive Landscape 7.1. Altech Chemicals Limited 7.2. Almatis 7.3. Nippon Light Metal 7.4. Baikowski Pure Solutions 7.5. Polar Sapphire Ltd. 7.6. Orbite Technologies Inc. 7.7. Zibo Honghe Chemical Co., Ltd
Hexa Reports Market Research Reports and Insightful Company Profiles 7.8. CoorsTek 7.9. Sumitomo Chemical Co. Ltd. 7.10. Alcoa Inc. Browse Full Report @ http://www.hexareports.com/report/high-purity-alumina-market/details About Us: Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Information: Ryan Shaw Felton Office Plaza, 6265 Highway 9, Felton, California, 95018, United States Phone Number 1-800-489-3075 Email Us: sales@hexareports.com Our Website: http://www.hexareports.com/ Visit our Blog: http://hexareports.blogspot.com/ Like our Facebook page: https://www.facebook.com/hexareportsindustry/ Follow us on LinkedIn: https://www.linkedin.com/company/hexa-reports-inc-