The global High Purity Alumina market is expected to reach USD 4,592.6 million by the end of 2026

Global High Purity Alumina Market Report 2021 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2027 (Based on 2020 COVID-19 Worldwide Spread)

Infinity analysts forecast the global High Purity Alumina market to grow at a CAGR of 18.1% during the forecast period, according to their latest market research report.

High purity alumina is a purified form of aluminum oxide that is primarily used in the manufacturing of synthetic sapphire, with no immediate substitute currently available in the market. Synthetic sapphire, in turn,is used in the substrate production of semiconductor wafers, LED lighting systems, and sapphire glass surfaces for premium products.

The increasing product integration in the sapphire glass industry and rising product demand from the LED lighting sector are the influential primary factors that are propelling the market growth. The continued replacement ofconventional incandescent bulbs with LED lighting systems that have higher efficiency and optimized power usage would, in turn, lead to the high demand for high purity alumina. The gradual shift in the use of sapphire substrate in lighting solutions in place of traditional materials would enhance the sale prospects of premium wearable and smartphone products, boosting demand for high purity alumina and improving the growth prospects of the market. The high investments made forthe rapid development of processing technology would provide manufacturers with additional opportunities for business expansion in the coming years.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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Top key players @ Tsumura, Schwabe, Weleda, Blackmores, Arkopharma, SIDO MUNCUL, Arizona Natural, Dabur, Bio-Botanica, Potter’s, Zand, Nature Herbs, Tong Ren Tang, Tianjin Zhongxin Pharmaceutical Group Co., Ltd., and Himalaya

Tablets & Capsules, Powders, Extracts, and Othersis the type segment of the market scope. By application, the market is divided into Digestive Disorders, Respiratory Disorders, Blood Disorders, and Others. By distribution channel, the market is further divided into Hospitals and Retail Pharmacies, and E-commerce.The report covers valueof the global market by type, application and distribution channel.

Based on type, powders showed significant growth in 2019, owing to the increasing adoption of herbal medicine, the partnership between companies to expand the presence of herbal medicine at the global scale, and commercialization of Certified Herbal Medicine.

North America, Europe, AsiaPacific, South America, and Middle East & Africa are taken into consideration at the global herbal medicinevalue figures. While North America is further categorized into enhancing the United States, Canada, and Mexico, Europe is split into the United Kingdom, Germany, France, Italy, and Rest of Europe. Asia-Pacific covers India, China, Japan, South Korea, and Rest of Asia Pacific in its scope. South America is bifurcated into Brazil, Argentina, and Rest of South America, with Middle East & Africa involvingGCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

North America has shown significant growth in 2019, due to the increased funding for research on herbal medicine, increasing adoption of herbal medicine in the North American region, commercialization of new herbal medicine, and extensive R&D for herbal medicine.

TABLE OF CONTENT:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
13 Market Forecast 2019-2025
14 Analyst’s Viewpoints/Conclusions
15 Appendix

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This release was published on openPR.