Global High Purity Alumina Market was valued US$ 2.17 Mn in 2019 and is estimated to reach US$ XX Mn by 2026 at a CAGR of XX %.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Increasing penetration of LEDs in the lighting market, newer applications of high purity high purity alumina in smartphones, smartwatches and tablets, are significant factors driving the growth of the high purity alumina market. World demand for high purity alumina has increased and has reached record levels owing to growing technological advancements and increasing demand from applications namely LED bulbs, electronic displays, automotive and medical. However, cost fluctuations is expected to hinder the high purity alumina market growth.
4N high purity alumina constitutes 70% of the industry share due to its huge acceptance in energy-efficient lighting solutions and electronic displays. 5N will exhibit significant growth by 2026, owing to its rising usage in sapphire substrates, electrolytic capacitor foils, electronic storage systems and photovoltaic cells.
LED’s segment grabs XX% share of high purity alumina market. Phosphor segment to reach US$ 550 million by 2026. The rapid growth of phosphor-based products such as plasma televisions in which high purity high purity alumina is used to control the characteristics of phosphorous products is expected to grow and help boost the high purity alumina market. Chalco’s planned to invest US$ 700 Mn in Guinea’s Boffa project to include a new mine, new port facilities, and upgrades to the area infrastructure.
Global High purity alumina Market, Key Players
Alumina, Aluminum Corporation of China, Alcoa, BHP Billiton, CVG Bauxilum, Glencore International, Century Aluminum, Hindalco Industries, National Aluminum, United Company RUSAL, Norsk Hydro, Vale, Gencor, Nippon Light Metal, Norsk Hydro, PSB INDUSTRIES, Sasol and Sumitomo Chemicals are leading players of global high purity alumina market.
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Global High purity alumina Market, By Product
Global High purity alumina Market, By Application
Global High purity alumina Market, by Region:
• North America
• South America
• Asia Pacific
• Middle East & Africa
Key Player analysed in Global High Purity Alumina Market:
• Aluminum Corporation of China
• BHP Billiton
• CVG Bauxilum
• Glencore International
• Century Aluminum
• Hindalco Industries
• National Aluminum
• United Company RUSAL
• Norsk Hydro
• Nippon Light Metal
• Norsk Hydro
• PSB INDUSTRIES
• Sumitomo Chemicals
About This Report
This Report Is Submitted By : Maximize Market Research Company
Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.