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High Purity Alumina Market Forecasts to Register Substantial Expansion by 2026<br>
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©2019 Transparency Market Research, All Rights Reserved High Purity Alumina Market - Global Industry Analysis, Size, Share, Growth Trends 2019 - 2027 ©2019 Transparency Market Research, All Rights Reserved
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©2019 Transparency Market Research, All Rights Reserved • Huge CAPEX and OPEX requirements, and poor sustainability credentials, and yet, analysts at Transparency Market Research (TMR) foresee staggering growth of the high purity aluminamarket during the period of 2018-2026. • As per the analysis, the sales of high purity alumina (HPA) will remain upheld by increasing investments coming in from the electronics industry for the manufacturing of LEDs. • Also, an intersection of the automotive and electronics industries overlapping lithium-ion applications holds numerous apparent and latent opportunities for market players. View Report Download Brochure tr ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved 4N to Remain the Gold Standard Grade for End-use Industries • TMR’s study finds that, 4N grade high purity alumina will account for ~64 percent of the total sales in 2018, while alumina with 5N grade of purity is projected to record a striking CAGR of ~18% during 2018-2026. • The uptick in sales of alumina with 4N grade can be attributable to the customized demand from end-use industries for the production ofLEDs andlithium-ionbatteries. • To add to that, the cost benefits provided by these grades are better than those offered by alumina of 5N and 6N grades, which is projected to complement the growth of the high purity alumina market. • In the future, as scratch resistance will be the default feature for the glasses of smart gadgets and devices, 4N grade alumina is projected to witnesssustaineddemand.
©2019 Transparency Market Research, All Rights Reserved Extinction of Incandescent Bulbs to Cause Booming Growth for High Purity Alumina Market • The governments of several countries have pronounced a ban on the use of incandescent bulbs, on account of their inefficiency and a large amount of heat generation. • With the drumbeat of authorities to phase out these bulbs, regions such as Europe, Argentina, Malaysia, Korea, the U.S., Canada, and Mexico have implemented this ban, and the quest for efficient alternatives began among end users. ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved Leading Players in HPA Market • • • • • • • Sumitomo Chemical Co. Ltd. Sasol Ltd. BaikowskiSAS Hebei Heng Bo New Material Technology Co. Ltd. Nippon Light Metal Co. Ltd. Altech Chemicals Ltd. Polar Sapphire Ltd. ©2019 Transparency Market Research, All Rights Reserved
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