Global High Purity Alumina Market is Growing Rapidly at CAGR of 18.56% from 2016 to 2022

Market Highlights
Global High Purity Alumina market growth in last few years is XX million, due to surge in demand for LED products and semiconductors in industry like automobile, electronic and electrical and aerospace. With wide application in products such as home appliances, engine components, heat protecting shields, electrical insulators, scratch resistance glass and many more has found High Purity Alumina Market to grow at faster pace in forecasted period. Due to its versatility, High Purity Alumina products like ceramics also used in manufacturing of sodium lamps and luminous tube which are used on street lights, sports stadium and horticulture area. APAC demonstrate market leader due to growth of LED manufactures in China. Economic boom, rapid industrialization and low cost of material and labor in countries like China and India will boost the market in forecasted period. North America followed by Europe show a slow growth in this market.

Key Player
• Alco Inc.
• Orbit technologies Inc
• Sumitomo Chemicals Co. Ltd
• Nippon Light Metal Holdings Co. Ltd
• Norsk Hydro
• Altech Chemical Limited
• RUSAL
• Dalian Hiland Photoelectric Material Co. Ltd
• Slavich Company
• Baikowski SAS

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Regional Analysis
“Asia-Pacific dominates the market during the forecast period”
Region wise, Asia-Pacific has shown a significant growth in High Purity Alumina market accounting more than XX% of the total market. This share is attributed towards growth of industries in countries like China, increasing demand of LED products and low cost of material and labor in China and India.
North America and Europe show a relative steady growth as saturation in application industries.

Scope of the study
By Product Type
• 4N
• 5N
• 6N

By Application
• LED
• Semiconductors
• Phosphor

Target Audience
o High Purity Alumina producers
o Traders and distributors
o Association and government bodies.
o Application industries
o Electronic manufacturers
o Research institute

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Reasons to buy
o This report includes in-depth study analysis of High Purity Alumina market
o It covers market segmentation by type, by application and by end user.
o It helps in identifying region-wise major suppliers and understand consumption patterns.
o The report will provide useful and premium insights that will support in investments of High Purity Alumina and allied companies providing details on the fast-growing segments and regions.
o In addition, it will provide key findings that will help the companies to improve profitability by using supply chain strategies, cost effectiveness of various products mentioned in the report.
o The data used in the report is primarily based on primary interviews with the major producing companies and industry experts and supported by authentic industry data from secondary sources.

Related Report
High Temperature Insulation Market will cross USD 5.16 Billion Mark by 2022 and it is expected to grow over the CAGR of more than 11.4 % during the period 2016 to 2022 https://www.marketresearchfuture.com/reports/high-temperature-insulation-market

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Market Research Future
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Email: akash.anand@marketresearchfuture.com

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