High purity alumina (HPA) is a high-purity form of aluminum oxide (Al2O3). High purity alumina is a high-value, high margin, and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows, and smartphone components. There is no substitute for HPA in the manufacture of synthetic sapphire. Therefore, increasing demand for high-quality consumer electronic devices across the world is anticipated to boost the growth of the High Purity Alumina market throughout the forecast period.
Furthermore, in the Asia Pacific, China has become the hub of electronic equipment production in the past few years. The U.S. is projected to create several opportunities for small- to medium-sized electronic manufacturers owing to increasing investments in the electronics sector. As well, Germany, France, and the U.K. are anticipated to witness huge expansion in automotive electronics and sensors, this is because of increasing demand for engine efficiency, safety, comfort, navigation, information, and entertainment features. All these aforementioned factors significantly propelling the growth of the global High Purity Alumina market.
Covid-19 Impact on High Purity Alumina Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world
High Purity Alumina Market Segment Overview
Based on Grade, the 4N grade high purity alumina segment accounted for the largest share in the High Purity Alumina market. 4N HPA finds its high demand in LED bulbs and electronic displays. Leading companies in this market are spending more on R&D to offer product customization as per the requirements of the application areas. In addition to this, government support, leading to increasing adoption of LEDs, coupled with less cost compared with other types of HPA is projected to drive the market for 4N HPA in the next few years. Moreover, the use of 5N grade high purity alumina, particularly in the production of single-crystal sapphire, has increased in recent times. This trend is likely to continue in the coming years. 6N grade high purity alumina is used in sputtering and thin-film applications. In addition, it is utilized in abrasive, alumina ceramics, separation membranes, etc.
High Purity Alumina Market, By Grade
· 4N
· 5N
· 6N
High Purity Alumina Market, By Application
· LEDs
· Phosphor
· Sapphire
· Semiconductors
· Li-ion Batteries
· Others
High Purity Alumina Market Regional Overview
Geographically, Asia Pacific is the prominent region in the high purity alumina market and accounting for a maximum share of the global High Purity Alumina market. Consumption of high purity alumina is focused mostly in electronic production hubs such as China, Japan, South Korea, and Taiwan. Similarly, the consumption of high purity alumina is anticipated to rise in North America over the forecast period. The U.S. is a major market for high purity alumina. This is primarily due to the emergence of low-cost high purity alumina producers during the initial phase of the forecast period. This fact is expected to escalate the growth of the high purity alumina market in this region.
High Purity Alumina Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
High Purity Alumina Market, Key Players
· Sumitomo Chemical Co. Ltd.
· Sasol Ltd.
· Baikowski SAS
· Hebei Heng Bo New Material Technology Co. Ltd.
· Nippon Light Metal Co. Ltd.
· Altech Chemicals Ltd.
· Polar Sapphire Ltd.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global High Purity Alumina Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Grade
- 5.2.1. 4N
- 5.2.2. 5N
- 5.2.3. 6N
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. LEDs
- 5.3.2. Phosphor
- 5.3.3. Sapphire
- 5.3.4. Semiconductors
- 5.3.5. Li-ion Batteries
- 5.3.6. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America High Purity Alumina Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Grade
- 6.2.1. 4N
- 6.2.2. 5N
- 6.2.3. 6N
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. LEDs
- 6.3.2. Phosphor
- 6.3.3. Sapphire
- 6.3.4. Semiconductors
- 6.3.5. Li-ion Batteries
- 6.3.6. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe High Purity Alumina Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Grade
- 7.2.1. 4N
- 7.2.2. 5N
- 7.2.3. 6N
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. LEDs
- 7.3.2. Phosphor
- 7.3.3. Sapphire
- 7.3.4. Semiconductors
- 7.3.5. Li-ion Batteries
- 7.3.6. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific High Purity Alumina Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Grade
- 8.2.1. 4N
- 8.2.2. 5N
- 8.2.3. 6N
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. LEDs
- 8.3.2. Phosphor
- 8.3.3. Sapphire
- 8.3.4. Semiconductors
- 8.3.5. Li-ion Batteries
- 8.3.6. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa High Purity Alumina Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Grade
- 9.2.1. 4N
- 9.2.2. 5N
- 9.2.3. 6N
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. LEDs
- 9.3.2. Phosphor
- 9.3.3. Sapphire
- 9.3.4. Semiconductors
- 9.3.5. Li-ion Batteries
- 9.3.6. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Sumitomo Chemical Co. Ltd.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Sasol Ltd.
- 10.6. Baikowski SAS
- 10.7. Hebei Heng Bo New Material Technology Co. Ltd.
- 10.8. Nippon Light Metal Co. Ltd.
- 10.9. Altech Chemicals Ltd.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
