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Global High Purity Alumina Market Size, Share, Forecast: By Type: 4N, 5N, 6N; By Technology: Hydrochloric Acid Leaching, Hydrolysis; By Application: Semiconductor Substrate, LED Lighting, Li-ion Batteries, Technical Ceramics, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
High Purity Alumina Market Analysis by Region
Asia Pacific region held the largest market share, driven by the increasing usage of LED-based lighting and the presence of many key manufacturers
The Asia Pacific is likely to hold a significant portion of the market share in the forecast period. China, a global leader in the electronics and automotive sector, is contributing to the growth of the market. In 2020, China constituted 68% of the global smartphone production. The growth of the electronic and automotive sector in China can be attributed to the sophistication of its Information and Communication Technology (ICT) sector and increasing consumer demand for EVs, smart gadgets, virtual reality, and drones.
Recent developments in the Asia Pacific high purity alumina market include Polar Sapphire being awarded USD 4.1 million by Sustainable Development Technology Canada (SDTC) for Battery Cleantech, which will allow the company to build a demonstration line for manufacturing high-purity alumina for lithium-ion batteries. Additionally, Ara Partners announced its investment in Polar Sapphire, which will allow the company to build its first massive commercial production line with a capacity of 1,000 tonnes per year.
High Purity Alumina Market Report Snapshots
High Purity Alumina Market Size
High Purity Alumina Market Growth
High Purity Alumina Market Trends
High Purity Alumina Market Share
High Purity Alumina Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global High Purity Alumina Market Analysis
8.1 Key Industry Highlights
8.2 Global High Purity Alumina Historical Market (2018-2023)
8.3 Global High Purity Alumina Market Forecast (2024-2032)
8.4 Global High Purity Alumina Market by Type
8.4.1 4N
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 5N
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 6N
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global High Purity Alumina Market by Technology
8.5.1 Hydrochloric Acid Leaching
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Hydrolysis
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global High Purity Alumina Market by Application
8.6.1 Semiconductor Substrate
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 LED Lighting
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Li-ion Batteries
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Technical Ceramics
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global High Purity Alumina Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America High Purity Alumina Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe High Purity Alumina Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific High Purity Alumina Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America High Purity Alumina Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa High Purity Alumina Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Sumitomo Chemical Co., Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Nippon Light Metal Co., Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Baikowski SA
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Polar Performance Materials
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Honghe Chemical
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Norsk Hydro ASA
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Aluminum Corporation of China (CHALCO)
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Sasol Limited
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Cadoux Limited
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 RUSAL
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global High Purity Alumina Market: Key Industry Highlights, 2018 and 2032
2. Global High Purity Alumina Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global High Purity Alumina Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global High Purity Alumina Historical Market: Breakup by Technology (USD Billion), 2018-2023
5. Global High Purity Alumina Market Forecast: Breakup by Technology (USD Billion), 2024-2032
6. Global High Purity Alumina Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global High Purity Alumina Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global High Purity Alumina Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global High Purity Alumina Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America High Purity Alumina Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America High Purity Alumina Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe High Purity Alumina Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe High Purity Alumina Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific High Purity Alumina Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific High Purity Alumina Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America High Purity Alumina Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America High Purity Alumina Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa High Purity Alumina Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa High Purity Alumina Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global High Purity Alumina Market Structure
Key Questions Answered in the Report
In 2023, the high purity alumina market reached an approximate value of USD 3.32 billion.
The market is expected to grow at a CAGR of 15.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 12.60 billion by 2032.
The major drivers of the market include the growing electronics and semiconductor sector, the rising use of high purity alumina in LEDs, and the increasing adoption of EVs.
Key trends aiding market expansion include the strategic collaborations by companies, rising environmental concerns, the transition towards net zero carbon emissions, and increasing research and development activities.
The major technologies considered are hydrochloric acid leaching, and hydrolysis.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Key players in the market are Sumitomo Chemical Co., Limited., Nippon Light Metal Co., Ltd, Baikowski SA, Polar Performance Materials, Honghe Chemical, Norsk Hydro ASA, Aluminum Corporation of China (CHALCO), Sasol Limited, Cadoux Limited, and RUSAL, among others.
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