Press release
Growth in the Adoption of Electric Vehicles to Fuel the Global HPA Market
According to a new market research report launched by Inkwood Research, the Global High Purity Alumina (HPA) Market is progressing at a CAGR of 16.50% in terms of volume and 16.07% in terms of value over the forecast period.Browse 81 market data Tables and 44 figures spread over 180 Pages, along with in-depth analysis on Global High Purity Alumina (HPA) Market by Type, Technology, Application & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global High Purity Alumina (HPA) Market Scenario
High-purity alumina (HPA) is a superior product under non-metallurgical alumina with a purity level of 99.99%. It is used as a raw material to manufacture sapphire substrates with applications like light-emitting diodes (LEDs) and artificial sapphire glass. HPA is known for its advantageous properties, including corrosion resistance, withstanding higher temperatures, and high brightness. The global high-purity alumina market is evolving due to several driving factors, such as growing usage of LED bulbs over conventional bulbs, an increase in the production of electric vehicles (EVs), and technological developments. However, factors such as, rising costs of manufacturing and strict governmental regulations on ‘red mud’ extracts are majorly responsible for hindering the overall growth of the market.
The Global High Purity Alumina (HPA) Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global High Purity Alumina (HPA) Market by Type, Technology, Application & by Geography: https://www.inkwoodresearch.com/reports/high-purity-alumina-market/#request-free-sample
Market Segmentation
Market by Technology
• Hydrochloric Acid Leaching (HCL)
• Hydrolysis
Market by Type
• 4N HPA
• 5N HPA
• 6N HPA
Market by Application
• Semiconductor Substrate
• LED Bulbs
• LI-ION Batteries
• BioMedical Devices
• Optical Lenses
• Other Applications
Report Highlights
- The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
• NIPPON LIGHT METAL HOLDINGS COMPANY LTD
• SASOL LTD
• NORSK HYDRO ASA
• XUANCHENG JINGRUI NEW MATERIAL CO LTD
• FYI RESOURCES LTD
• POLAR SAPPHIRE LTD
• ZIBO HONGHE CHEMICAL CO LTD
• SUMIMOTO CHEMICAL CO LTD
• RUSAL
• ANDROMEDA METALS LTD
• ALPHA HPA LIMITED
• ALTECH CHEMICALS LTD
• ALCOA CORPORATION
• BAIKOWSKI SAS
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Aluminium (also spelled aluminum) is a chemical element with the symbol Al and atomic number 13. It is a silvery-white, soft, non-magnetic and ductile metal in the boron group.
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