Worldwide High Purity Alumina Market Share 2025 By Major Key Players: Sumitomo Chemical: Group Companies of the Americas, Baikowski, Hebei Iron And Steel Co.,Ltd., Orbite Technologies Inc., Alcoa, United States Steel Corporation, Norsk Hydro, Rio Tinto, S

High Purity Alumina Market based on volume, North America driven by U.S. will exhibit growth with a CAGR of close to 18%. The regional 4N High Purity Alumina (HPA) market is said to capture close to USD 350 million by the end of forecast spell.

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Considering region, Asia Pacific will hold the maximum share of around 60% in the high purity alumina market by the end of forecast period. Rising demand for infrastructural spaces and growing electronic equipment production in China, Taiwan, South Korea and Japan will lead HPA market during the forecast period.

Some of the crucial challenges of the global high purity alumina market involve expensive feedstock, scarcity and high cost of skilled workforce, strict government regulations and high energy cost required, which will subsequently result in high pricing of finished products and a relatively low profitability. Due to this, the high purity alumina industry is mainly dominated by China due to presence of large bauxite reserves in the region.

High Purity Alumina Market (HPA), By Technology
• Hydrolysis
• HCl Leaching

Based on revenue, 4N HPA segment will hold approximately USD 2.5 billion of the overall high purity alumina market in 2025 owing to its increasing applicability in the creation of more efficient and environment friendly lighting solutions, particularly boosted by US legislations to phase out incandescent lights. The product is also used in abrasive and sapphire-single crystal applications. HPA with higher purity levels are essential in devising medical equipment due to its biocompatibility, increasing proportion of bio ceramics for prostheses and implants will spur high purity alumina industry demand in near future.

The LED application segment will capture a significant share of over 50% in the global high purity alumina market by 2025. The semiconductor segment revenue will capture a market share of over 25% by the end of forecast spell and will grow with a CAGR of over 15% during the forecast timeframe. Rising applicability of HPA in semiconductors is fostered by its underlying applications in consumer electronics such as home appliances and industrial applications such as military, infrastructure, and energy.

High Purity Alumina Market (HPA), By Application

• LED’s
• Semiconductors
• Phosphor
• Sapphire
• Others

Based on volume, HCl leaching technology will account for over 25% of the overall high purity alumina market in 2025. Hydrochloric acid leaching is a synthesis process to extract alumina from clay. HCl is regenerated and at the same time ferric ions are recovered and precipitated as high purity ferric oxides leaving all other residual elements. The HCl leaching technology will grow with a CAGR of over 15% due to its growing acceptance by manufacturers and lower production cost.

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High Purity Alumina Market to surpass USD 4 billion by 2025; according to a new research report by Global Market Insights, Inc. HPA is the product of many steps of smelter grade alumina (SGA) purification, which is traditionally extracted via Bayer process, that relies on dissolving minerals from bauxite with caustic soda followed by chemical isolation of the product.

The high brightness property of HPA is useful in creation of more efficient and environment friendly lighting solutions and facilitate advertisement display solutions. Synthetic sapphire obtained from verneuil process, a flame fusion process that uses HPA powder for manufacturing synthetic gemstones, are equivalent to natural sapphires. Therefore, increasing usage of the product as a base to produce sapphire substrates will propel high purity alumina market in coming years.

High Purity Alumina Market, Product By Application

o 4N (99.99%)
o LED’s
o Semiconductors
o Phosphor
o Sapphire
o Others
o 5N (99.999%)
o LED’s
o Semiconductors
o Phosphor
o Sapphire
o Others
o 6N (99.9999%)
o LED’s
o Semiconductors
o Phosphor
o Sapphire
o Others

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Global high purity alumina market is highly competitive due to presence of several industry players. Some crucial players in the industry are, Baikowski SAS, Nippon Light Metal Co. Limited, Orbite Technologies, Altech Chemicals Limited, Polar Sapphire Limited, Sasol, UC RUSAL, Sumitomo Chemical, Alcoa Corporation, Zibo Honghe Chemical Company.

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