MARKET OUTLOOK
According to this report, the global market for high purity alumina (HPA) is estimated to showcase a CAGR of 16.15% (by revenue) and 16.65% (by volume), during the projected phase of 2021-2028.The growing preference for LED bulbs and the surge in the manufacturing of electric vehicles are key factors motivating the studied market’s progress worldwide. Additionally, the surge in investments in several end-user industries is generating multiple growth opportunities for the HPA market through the examined period.
However, the elevated cost imposed on the production of high purity alumina and stringent regulations on red mud extracts, are negatively impacting the development of the high purity alumina market.
REGIONAL OUTLOOK
The global high purity alumina (HPA) market includes North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa regions.North America is expected to observe the fastest growth rate in the high purity alumina market over the evaluated phase. In the United States, the growing housing sector is anticipated to boost the demand for HPA over the assessed period. Moreover, the region is likely to observe a significant growth in the electronics and semiconductor industries, which will further boost the demand for high purity alumina. Here, the region’s growth is primarily owing to the growing demand for LED bulbs, smartphones, smartwatches, and others.
COMPETITIVE OUTLOOK
The distinguished companies involved in the high purity alumina market comprise Rusal, Nippon Light Metal Holdings Company Ltd, Andromeda Metals Ltd, Sumimoto Chemical Co Ltd, Altech Chemicals Ltd, Sasol Ltd, Xuancheng Jingrui New Material Co Ltd, Alpha HPA Limited, Baikowski SAS, Zibo Honghe Chemical Co Ltd, FYI Resources Ltd, Norsk Hydro ASA, Polar Sapphire Ltd, and Alcoa Corporation.Nippon Light Metal Holdings Company Ltd manufactures and markets aluminum products worldwide. The company’s business segments include aluminum ingot & chemicals, fabricated products & others, aluminum sheet & extrusions, and others. Nippon’s products are used for applications in multiple industries, such as automobile, construction, construction, energy, industrial, railroad, and electronic industries, among others. It has headquarters in Tokyo, Japan.
Table of Contents
1. Global High Purity Alumina (HPA) Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. North America is the Most Promising Regional Market
2.2.2. Li-Ion Batteries is Anticipated to Grow With the Highest CAGR
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Acquisitions
2.6.2. Product Launch
2.6.3. Partnership & Agreements
2.6.4. Business Expansion
2.7. Market Drivers
2.7.1. Growing Preference for Led Bulbs
2.7.2. Rise in Manufacturing of Electric Vehicles (Evs)
2.8. Market Restraints
2.8.1. High Costs Charged on Production
2.8.2. Stringent Rules on ‘Red Mud’ Extracts
2.9. Market Opportunities
2.9.1. Rise in Investment in End-User Industries
2.10. Impact of COVID-19 on High Purity Alumina (HPA) Market
3. Global High Purity Alumina (HPA) Market Outlook - by Type
3.1. 4N HPA
3.2. 5N HPA
3.3. 6N HPA
4. Global High Purity Alumina (HPA) Market Outlook - by Technology
4.1. Hydrolysis
4.2. Hydrochloric Acid Leaching (Hcl)
5. Global High Purity Alumina (HPA) Market Outlook - by Application
5.1. Led Bulbs
5.2. Semiconductor Substrate
5.3. Li-Ion Batteries
5.4. Optical Lenses
5.5. Biomedical Devices
5.6. Other Applications
6. Global High Purity Alumina (HPA) Market - Regional Outlook
6.1. North America
6.1.1. Market by Type
6.1.2. Market by Technology
6.1.3. Market by Application
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market by Type
6.2.2. Market by Technology
6.2.3. Market by Application
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Spain
6.2.4.5. Italy
6.2.4.6. Russia
6.2.4.7. Rest of Europe
6.3. Asia-Pacific
6.3.1. Market by Type
6.3.2. Market by Technology
6.3.3. Market by Application
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. South Korea
6.3.4.5. Asean Countries
6.3.4.6. Australia & New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market by Type
6.4.2. Market by Technology
6.4.3. Market by Application
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Market by Type
6.5.2. Market by Technology
6.5.3. Market by Application
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.2. Turkey
6.5.4.3. Saudi Arabia
6.5.4.4. South Africa
6.5.4.5. Rest of Middle East & Africa
7. Competitive Landscape
7.1. Alcoa Corporation
7.2. Altech Chemicals Ltd
7.3. Baikowski Sas
7.4. Nippon Light Metal Holdings Company Ltd
7.5. Norsk Hydro Asa
7.6. Sasol Ltd
7.7. Sumimoto Chemical Co Ltd
7.8. Xuancheng Jingrui New Material Co Ltd
7.9. Zibo Honghe Chemical Co Ltd
7.10. Alpha HPA Limited
7.11. Andromeda Metals Ltd
7.12. Polar Sapphire Ltd
7.13. Rusal
7.14. FYI Resources Ltd
8. Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources of Data
8.3. Research Methodology
List of Tables
Table 1: Global High Purity Alumina (HPA) Market, by Geography, 2021-2028 (In $ Million)
Table 2: Market Attractiveness Index
Table 3: Vendor Scorecard
Table 4: Global High Purity Alumina (HPA) Market, by Type, 2021-2028 (In $ Million)
Table 5: Global High Purity Alumina (HPA) Market, by Type, 2021-2028 (In Kiloton)
Table 6: Global High Purity Alumina (HPA) Market, by Technology, 2021-2028 (In $ Million)
Table 7: Global High Purity Alumina (HPA) Market, by Technology, 2021-2028 (In Kiloton)
Table 8: Global High Purity Alumina (HPA) Market, by Application, 2021-2028 (In $ Million)
Table 9: Global High Purity Alumina (HPA) Market, by Application, 2021-2028 (In Kiloton)
Table 10: Global High Purity Alumina (HPA)Market, by Geography, 2021-2028 (In $ Million)
Table 11: Global High Purity Alumina (HPA)Market, by Geography, 2021-2028 (In Kiloton)
Table 12: North America High Purity Alumina (HPA) Market, by Country, 2021-2028 (In $ Million)
Table 13: North America High Purity Alumina (HPA) Market, by Country, 2021-2028 (In Kiloton)
Table 14: North America High Purity Alumina (HPA) Market, by Type, 2021-2028 (In $ Million)
Table 15: North America High Purity Alumina (HPA) Market, by Type, 2021-2028 (In Kiloton)
Table 16: North America High Purity Alumina (HPA) Market, by Technology, 2021-2028 (In $ Million)
Table 17: North America High Purity Alumina (HPA) Market, by Technology, 2021-2028 (In Kiloton)
Table 18: North America High Purity Alumina (HPA) Market, by Application, 2021-2028 (In $ Million)
Table 19: North America High Purity Alumina (HPA) Market, by Application, 2021-2028 (In Kiloton)
Table 20: Europe High Purity Alumina (HPA) Market, by Country, 2021-2028 (In $ Million)
Table 21: Europe High Purity Alumina (HPA) Market, by Country, 2021-2028 (In Kiloton)
Table 22: Europe High Purity Alumina (HPA) Market, by Type, 2021-2028 (In $ Million)
Table 23: Europe High Purity Alumina (HPA) Market, by Type, 2021-2028 (In Kiloton)
Table 24: Europe High Purity Alumina (HPA) Market, by Technology, 2021-2028 (In $ Million)
Table 25: Europe High Purity Alumina (HPA) Market, by Technology, 2021-2028 (In Kiloton)
Table 26: Europe High Purity Alumina (HPA) Market, by Application, 2021-2028 (In $ Million)
Table 27: Europe High Purity Alumina (HPA) Market, by Application, 2021-2028 (In Kiloton)
Table 28: Asia-Pacific High Purity Alumina (HPA) Market, by Country, 2021-2028 (In $ Million)
Table 29: Asia-Pacific High Purity Alumina (HPA) Market, by Country, 2021-2028 (In Kiloton)
Table 30: Asia-Pacific High Purity Alumina (HPA) Market, by Type, 2021-2028 (In $ Million)
Table 31: Asia-Pacific High Purity Alumina (HPA) Market, by Type, 2021-2028 (In Kiloton)
Table 32: Asia-Pacific High Purity Alumina (HPA) Market, by Technology, 2021-2028 (In $ Million)
Table 33: Asia-Pacific High Purity Alumina (HPA) Market, by Technology, 2021-2028 (In Kiloton)
Table 34: Asia-Pacific High Purity Alumina (HPA) Market, by Application, 2021-2028 (In $ Million)
Table 35: Asia-Pacific High Purity Alumina (HPA) Market, by Application, 2021-2028 (In Kiloton)
Table 36: Latin America High Purity Alumina (HPA) Market, by Country, 2021-2028 (In $ Million)
Table 37: Latin America High Purity Alumina (HPA) Market, by Country, 2021-2028 (In Kiloton)
Table 38: Latin America High Purity Alumina (HPA) Market, by Type, 2021-2028 (In $ Million)
Table 39: Latin America High Purity Alumina (HPA) Market, by Type, 2021-2028 (In Kiloton)
Table 40: Latin America High Purity Alumina (HPA) Market, by Technology, 2021-2028 (In $ Million)
Table 41: Latin America High Purity Alumina (HPA) Market, by Technology, 2021-2028 (In Kiloton)
Table 42: Latin America High Purity Alumina (HPA) Market, by Application, 2021-2028 (In $ Million)
Table 43: Latin America High Purity Alumina (HPA) Market, by Application, 2021-2028 (In Kiloton)
Table 44: Middle East and Africa High Purity Alumina (HPA) Market, by Country, 2021-2028 (In $ Million)
Table 45: Middle East and Africa High Purity Alumina (HPA) Market, by Country, 2021-2028 (In Kiloton)
Table 46: Middle East and Africa High Purity Alumina (HPA) Market, by Type, 2021-2028 (In $ Million)
Table 47: Middle East and Africa High Purity Alumina (HPA) Market, by Type, 2021-2028 (In Kiloton)
Table 48: Middle East and Africa High Purity Alumina (HPA) Market, by Technology, 2021-2028 (In $ Million)
Table 49: Middle East and Africa High Purity Alumina (HPA) Market, by Technology, 2021-2028 (In Kiloton)
Table 50: Middle East and Africa High Purity Alumina (HPA) Market, by Application, 2021-2028 (In $ Million)
Table 51: Middle East and Africa High Purity Alumina (HPA) Market, by Application, 2021-2028 (In Kiloton)
List of Figures
Figure 1: Porter's Five Forces Analysis
Figure 2: Global High Purity Alumina (HPA) Market, by 4N HPA, 2021-2028 (In $ Million)
Figure 3: Global High Purity Alumina (HPA) Market, by 5N HPA, 2021-2028 (In $ Million)
Figure 4: Global High Purity Alumina (HPA) Market, by 6N HPA, 2021-2028 (In $ Million)
Figure 5: Global High Purity Alumina (HPA) Market, by Hydrolysis, 2021-2028 (In $ Million)
Figure 6: Global High Purity Alumina (HPA) Market, by Hydrochloric Acid Leaching (Hcl), 2021-2028 (In $ Million)
Figure 7: Global High Purity Alumina (HPA) Market, by Led Bulbs, 2021-2028 (In $ Million)
Figure 8: Global High Purity Alumina (HPA) Market, by Semiconductor Substrate, 2021-2028 (In $ Million)
Figure 9: Global High Purity Alumina (HPA) Market, by Li-Ion Batteries, 2021-2028 (In $ Million)
Figure 10: Global High Purity Alumina (HPA)Market, by Optical Lenses, 2021-2028 (In $ Million)
Figure 11: Global High Purity Alumina (HPA)Market, by Biomedical Devices, 2021-2028 (In $ Million)
Figure 12: Global High Purity Alumina (HPA)Market, by Other Applications, 2021-2028 (In $ Million)
Figure 13: Global High Purity Alumina (HPA) Market, Regional Outlook, 2020 and 2028 (In %)
Figure 14: United States High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 15: Canada High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 16: United Kingdom High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 17: Germany High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 18: France High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 19: Spain High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 20: Italy High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 21: Russia High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 22: Rest of Europe High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 23: China High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 24: Japan High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 25: India High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 26: South Korea High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 27: Asean Countries High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 28: Australia & New Zealand High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 29: Rest of Asia-Pacific High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 30: Brazil High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 31: Mexico High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 32: Rest of Latin America High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 33: United Arab Emirates High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 34: Turkey High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 35: Saudi Arabia High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 36: South Africa High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Figure 37: Rest of Middle East & Africa High Purity Alumina (HPA) Market 2021-2028 (In $ Million)
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alcoa Corporation
- Altech Chemicals Ltd
- Baikowski Sas
- Nippon Light Metal Holdings Company Ltd
- Norsk Hydro Asa
- Sasol Ltd
- Sumimoto Chemical Co Ltd
- Xuancheng Jingrui New Material Co Ltd
- Zibo Honghe Chemical Co Ltd
- Alpha Hpa Limited
- Andromeda Metals Ltd
- Polar Sapphire Ltd
- Rusal
- FYI Resources Ltd