High Purity Alumina Market Market Set to Exceed USD 7.20 Billion By 2026 | CAGR: 16.5%
High Purity Alumina Market Size to Reach $7.20 Billion By 2026
“High Purity Alumina Market Share, Size, Trends, Industry Analysis Report, By Purity Level (4N, 5N, and 6N); By Technology (Hydrolysis, HCL Based); By Application (Phosphorus, Sapphire, Semiconductor, Electronic Display); By Regions, Segments & Forecast, 2018 - 2026� The global high purity alumina market is expected to reach USD 7.20 billion by 2026 according to a new study published by Polaris Market Research. The global high purity alumina market has been divided based on purity level, application, and technology. Considering the purity level, the market is classified into 4N, 5N, and 6N. It is the 4N level of purity held the largest market share in the market followed by 5N and 6N. The enormous application of the lithium-ion batteries where the 4N purity level of alumina is maintained has resulted in the segment holding the largest market share of more than 40% and will continue to maintain its dominance in the forecast period of 20182026. On the basis of application, the high purity alumina market comprises of semiconductors, sapphire, phosphorus, and electronic display among others. Here the electronic display held the largest market share which can be contributed to the huge demand for LED-based electronics globally. Moreover, the LED is more environment-friendly and sustainable that has led to the government pushing the application of LED making it one if the fastest growing technology globally.
Browse Detailed Research Report On High Purity Alumina Market Analysis: https://www.polarismarketresearch.com/industry-analysis/high-purity-alumina-market The market for high purity alumina is also bifurcated by technology into hydrolysis, and HCL based. It is the hydrolysis segment that held the largest market share because of its feasibility and lower operational cost. The HCL based technology still is at a nascent stage and needs more time to get commercialized. A few major driving factors for the high purity alumina market are growing demand for high-resolution electronics like television and smartphones that use high purity alumina for better display. Moreover, the rise in demand for smart wearables and other technological devices that uses LED is further having a positive impact and driving the market for high purity alumina globally. Among the regions, Asia-Pacific is expected to hold the largest market share in the global high purity alumina market over the forecast period of 2018-2026, followed by North America and Europe.
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High Purity Alumina Market Size to Reach $7.20 Billion By 2026
Some of the major business strategies adopted by companies operating in the high purity alumina market are innovations in product and technology, geographical expansion, and mergers & acquisitions among others. For example, Altech Chemicals Ltd formerly known as Australian Minerals and Mining Group Ltd that is working on a reaction of a relatively low impurity kaolin that is 1.4% Fe2 O3 +TiO2 with HCL acid for producing 4N HPA in a 4,000 tonnes pa capacity plant. In addition to this, Orbite Aluminae Inc. formerly known as Exploration Orbite V.S.P.A. Inc has been working on the completion of 3 tonnes/day 5N high purity alumina production plant that utilizes HCL acid extraction from the aluminous clay. The leading players operating in the high purity alumina market globally are Altech Chemicals limited, Sumitomo Chemicals Co. Ltd., Nippon Light Metal, Alcoa Inc., Baikowski Pure Solutions, Orbite Technologies Inc., and Polar Sapphire Ltd. among others.
Request for sample: https://www.polarismarketresearch.com/industry-analysis/high-purityalumina-market/request-for-sample Table of Contents
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Overview and Scope o Research goal & scope o Research assumptions o Research Methodology ▪ Primary data sources ▪ Secondary data sources o Key take-away o Stakeholders Executive Summary o Market Definition o Market Segmentation High Purity Alumina Market Insights o High Purity Alumina– Industry snapshot o High Purity Alumina-Ecosystem analysis o High Purity Alumina market dynamics -3-
High Purity Alumina Market Size to Reach $7.20 Billion By 2026
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High Purity Alumina– Market Forces • High Purity Alumina Market driver analysis • High Purity Alumina Market restraint/challenges analysis • High Purity Alumina Market opportunity analysis o Industry analysis - Porter's five force ▪ Bargaining power of supplier ▪ Bargaining power of buyer ▪ Threat of substitute ▪ Threat of new entrant ▪ Degree of competition o High Purity Alumina market PEST analysis, 2017 o High Purity Alumina market Value Chain analysis o High Purity Alumina Industry trends o Competitive Ranking Analysis o Regulatory Scenario High Purity Alumina Market Size and Forecast by Purity Level, 2018-2026 o Key Findings o 4N o 5N o 6N High Purity Alumina Market Size and Forecast by Application, 2018-2026 o Key Findings o Phosphorus o Sapphire o Semiconductor o Electronic Display o Others High Purity Alumina Market Size and Forecast by Technology, 2018-2026 o Key Findings o Hydrolysis o HCL Based High Purity Alumina Market Size and Forecast by Regions, 2018-2026 o Key findings o North America ▪ U.S. ▪ Canada o Europe ▪ Germany ▪ UK ▪ France o Asia Pacific ▪ China ▪ India ▪ Japan o Latin America ▪ Brazil ▪ Mexico o Middle East & Africa Company Profiles o Nippon Light Metal ▪ Overview ▪ Financials -4-
High Purity Alumina Market Size to Reach $7.20 Billion By 2026
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▪ Product Benchmarking ▪ Recent Developments Polar Sapphire Ltd. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments Sumitomo Chemicals Co. Ltd. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments Altech Chemicals limited ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments Baikowski Pure Solutions ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments Orbite Technologies Inc. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments Alcoa Inc. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments Sasol ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments CHALCO Shandong Co., Ltd. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments Rio Tinto Alcan Inc. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments
Access Press Release on High Purity Alumina Market: https://www.polarismarketresearch.com/press-releases/high-purity-alumina-market About Polaris Market Research -5-
High Purity Alumina Market Size to Reach $7.20 Billion By 2026
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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