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High Purity Alumina Market Size Analysis by Growth, Emerging Trends and Future Opportunities
High Purity Alumina Market
High purity alumina (HPA) is a high-end non-metallurgical alumina product with a purity level of 99.99 percent. In applications such as light-emitting diodes (LEDs) and artificial sapphire glass, HPA is used as a foundation material to make sapphire substrates. It has corrosion resistance, great brightness, and the ability to sustain high temperatures.
The global market for high purity alumina is categorised by type, technology, application, and geography. The market is divided into three categories: 4N, 5N, and 6N. Hydrolysis and hydrochloric acid leaching are separated by technology (HCL). LED bulbs, semiconductor substrates, lithium-ion batteries, optical lenses, bio-medical devices, and other applications are among those explored in the study. The market is divided into four regions: North America, Europe, Asia-Pacific, and Latin America and the Caribbean.
LED bulbs, biomedical equipment, and lithium-ion batteries are all made with high purity alumina. Electric vehicle demand has exploded in recent years in developing nations like India and China in order to minimise carbon emissions and dependency on fossil fuels like diesel and gasoline. As a result, the demand for Li-ion batteries to power electric vehicles has surged dramatically. The demand for high quality alumina is projected to rise as a result of this issue. Furthermore, the demand for biomedical devices has increased dramatically as a result of the corona virus pandemic. The rising number of patients suffering from the corona virus and other diseases requiring surgical treatment has resulted in an increase in demand for biomedical equipment.
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High Purity Alumina (HPA) is a non-metallurgical product form of Aluminum Oxide (Al2O3) with a high purity. The HPA is utilised as a base fundamental material in the production of sapphire substrates, which have several applications in various industries. Scratch-resistant sapphire glasses for smartphones and smartwatches, plasma display panels, lithium-ion battery separators, LED lights, semiconductors, hybrid autos, sodium lamps, optical lenses, electric vehicles, and other products are all made with it.
LED bulbs currently consume 85 percent less electricity than incandescent light bulbs and 40 percent less electricity than fluorescent lights. By 2020, LEDs are predicted to save 90 percent and 50 percent of the energy used by incandescent and fluorescent light bulbs, respectively, thanks to technological advancements.
LEDs outlast incandescent lights by 50 times and fluorescent lights by three to seven times. Furthermore, LED bulbs produce higher-quality light than compact fluorescent lights (CFLs).
Global High Purity Alumina Market- Segmental Analysis
By Type
• 4N High Purity Alumina
• 5N High Purity Alumina
• 6N High Purity Alumina
• Others
By Technology
• Hydrolysis
• Hydrochloric Acid Leaching
• Other
By Application
• LED Bulbs
• Semiconductor Substrate
• Li-ion Batteries
• Optical Lenses
• Bio Medical Devices
• Phosphor
• Sapphire
• Others
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Global High Purity Alumina Market- Competitive Intelligence
The prominent players influencing the trends of this marketplace are Sumitomo Chemicals Co. Ltd., Orbite Aluminae, Inc., Alcoa, Inc., United Company RUSAL Limited, King River Resources Limited, Mitsubishi Chemical Corp., HMR Co. Ltd., Nippon Hydro ASA, Xuancheng Jingrui New Material Co., Ltd., Hong Fu Crystal Technology (Anhui) Co. Ltd., Dalian Hiland Photoelectric Material Co. Ltd., Hebei Heng Bo New Material Technology Co., Ltd., Altech Chemicals Limited, Boikowksi, and Sasol Ltd.
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FAQs
Q1. What is the total market Size of the global High Purity Alumina Market?
Q2. Who are the top players in High Purity Alumina market?
Q3. What are the major areas of development for High Purity Alumina market?
Q4. Which industry is projected to increase the demand for High Purity Alumina Market?
Q5. What are the emerging trends in High Purity Alumina market?
Q6. Which is the most influencing segment in the global High Purity Alumina market report?
Q7. Which is the leading segment in the High Purity Alumina market?
Q8. Which applications are expected to drive the adoption of High Purity Alumina?
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