Quick Summary:
Embark on an insightful journey through the rapidly escalating High Purity Alumina market, anticipated to grow from US$10.7 Billion in 2022 to a staggering US$46.9 Billion by 2030. This report offers a comprehensive analysis of key market segments like 4N, known for its projected record of 21.9% CAGR, achieving the US$24.5 Billion milestone by the end of the analysis period. Consider this as your roadmap to deciphering current scenarios, forecasting future trends, and determining investment-worthy areas in the post-pandemic era.
Loaded with competitive intelligence data on the most influential players, including Alcoa Corporation, Sumitomo Chemical Co., Ltd., and more, the report arms you with strategic insights critical for sustained growth. Apart from examining the robust US market, valued at $3.3 Billion, it sheds light on emerging economic powerhouses like China, tipped to witness a 19.3% CAGR. Delve into this report to understand shifting dynamics and prepare for the anticipated surge in the High Purity Alumina market.
Global High Purity Alumina Market to Reach $46.9 Billion by 2030
The global market for High Purity Alumina estimated at US$10.7 Billion in the year 2022, is projected to reach a revised size of US$46.9 Billion by 2030, growing at a CAGR of 20.2% over the analysis period 2022-2030. 4N, one of the segments analyzed in the report, is projected to record 21.9% CAGR and reach US$24.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the 5N segment is readjusted to a revised 19.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 19.3% CAGR
The High Purity Alumina market in the U.S. is estimated at US$3.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.8 Billion by the year 2030 trailing a CAGR of 19.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 17.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.6% CAGR.Select Competitors (Total 42 Featured) -
- Alcoa Corporation
- Nippon Light Metal Co., Ltd.
- Orbite Technologies Inc.
- RUSAL
- Sasol Ltd.
- Sumitomo Chemical Co., Ltd.
- Xuancheng Jingrui New Material Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for High Purity Alumina?
What is the growth rate of the Global Market for High Purity Alumina?
What is the forecasted size of the Global Market for High Purity Alumina?
Who are the key companies in the Global Market for High Purity Alumina?
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 10.7 Billion |
| Forecasted Market Value ( USD | $ 46.9 Billion |
| Compound Annual Growth Rate | 20.3% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alcoa Corporation
- Nippon Light Metal Co., Ltd.
- Orbite Technologies Inc.
- RUSAL
- Sasol Ltd.
- Sumitomo Chemical Co., Ltd.
- Xuancheng Jingrui New Material Co., Ltd.
