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High Purity Alumina Market Projected to Reach 5.09 Billion USD by 2020

04-07-2016 11:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets.com

High Purity Alumina Market

High Purity Alumina Market

The report "High Purity Alumina Market by Purity Level (4N, 5N, 6N), by Application (Light Emitting Diode, Semiconductor, Phosphor, Sapphire, Others), by Region (Asia Pacific, North America, Europe, Rest of the World) - Global Forecast to 2020", The global high purity alumina (HPA) market is projected to reach USD 5.09 Billion by 2020, at a CAGR of 20.1% from 2015 to 2020.

The increasing applicability of high purity alumina among varied end-user applications, such as LEDs, semiconductors, phosphor, and sapphire, among others is expected to drive the market for high purity alumina during the forecast period.

Browse 108 tables and 42 figures spread through 138 Pages and in-depth TOC on "High Purity Alumina Market - Global Forecast to 2020"
http://www.marketsandmarkets.com/Market-Reports/high-purity-alumina-market-112404986.html
Early buyers will receive 10% customization on this report.

Among all types of purity levels, the 4N segment led the high purity alumina (HPA) market
The 4N segment led the global high purity alumina (HPA) in 2014, and accounted for the maximum market share in terms of volume. This segment is projected to grow at the highest CAGR during the forecast period.

Increase in demand of high purity alumina from the LED industry
The LED application segment led the global high purity alumina (HPA) market in 2014, and is projected to grow at the highest CAGR between 2015 and 2020. The growing adoption of LEDs in varied industrial applications, such as home lighting, televisions, hybrid cars, and electric vehicles is driving the growth of the LED application segment in the high purity alumina market.

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Asia-Pacific led the global high purity alumina (HPA) market

In terms of value, the Asia-Pacific region led the high purity alumina (HPA) market in 2014, by accounting for the maximum market share. In terms of volume, the high purity alumina (HPA) market in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. Recently, varied industries have shifted their manufacturing units to the Asia-Pacific region, due to availability of cheap labor and affordable raw materials. This is expected to drive the growth of the high purity alumina (HPA) market in the Asia-Pacific region.

An in-depth market share analysis, in terms of revenue, of top companies is also included in the report. The numbers obtained are based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts and key opinion leaders, such as CEOs, directors, and marketing executives. The key players in this market include Altech Chemicals Limited (Australia), Alcoa Inc. (U.S.), Orbite Technologies Inc. (Canada), RUSAL (Russia), and Sumitomo Chemical Co., Ltd. (Japan), among others.

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India.
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals.

Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India.

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