Global High Purity Alumina Market - Market Size, Share &Industry Trends, Growth Analysis Report By Product Type, By Consumption and Forecast 2019 - 2025


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Introduction

High Purity Alumina Market was valued at USD X.X Billion in 2018 and is projected to reach USD X.X billion by 2025, at a CAGR of X.X % from 2019-2025. Factors driving the growth of the market are its properties such as chemical and thermal stability, high strength, thermal and electrical insulation, which makes high purity alumina an ideal choice for engineering applications. In addition, increase in demand for high purity alumina from the LED industry is also fueling the growth of the market. 
However high cost of production is hampering the market growth.  On the contrary surge in demand from emerging economies is anticipated to offer lucrative growth opportunities for the high purity alumina market during the forecast period.

 Geographical Overview

At a global level, North America region was holding the highest market share in 2018. Whereas, Asia Pacific region is considered as the fastest growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. To stay too competitive in the high purity alumina market, key players are adopting strategies such as, business expansion. For instance, Sasol chemicals in organics and catalyst division expanded the alumina capacity at its Brunsbüttel site in Germany.

Segmental Overview
High Purity Alumina Market is segmented as per below specifications -  

By Product Type: 
• 4N High Purity Alumina
• 5N High Purity Alumina
• 6N High Purity Alumina

By Consumption:
• LED Bulbs
• Semiconductor Substrate
• LI-Ion Batteries
• Optical Lenses
• Bio Medical Lenses

By Distribution Channel: 
• Hydrolysis
• Hydrochloric Acid Leaching

Competitor Analysis
High Purity Alumina Market has presence of some of the key major players across globe which includes
• Alcoa Corporation
• Sasol Ltd
• Nippon Light Metal Holdings Company Ltd.
• Sumitomo Chemical Co.Ltd.
• Altech Chemicals Ltd.
• Orbite Technologies Inc.
• Xuancheng Jingrui New Material Co.Ltd.
• Zibo Honghe Chemical Co.Ltd.
• Hebei Pengda and Baikowski SAS

These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.  

By Geographical Locations: 
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China 
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific 
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA

Highlights of the report
What is High Purity Alumina Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation 
Market size projection based on Historical & current market trends 
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations