Stratview Research has recently published a report on the High Purity Alumina (HPA) Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2021 to 2026.

High Purity Alumina (HPA) MarketBy Product (4N, 5N, 6N), By Application (LEDs, Semiconductors, Phosphor, Li-ion Batteries), and Region.

High Purity Alumina (HPA) Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the High Purity Alumina (HPA) Market  estimated to grow from USD 1.8 billion in 2020 to USD 4.4 billion by 2026 at a healthy CAGR of 16.5% during the forecast period.

Some of the companies drive the market growth:

  • Sumitomo Chemical Co., Ltd. (Japan)
  • Sasol Limited (South Africa)
  • Baikowski (France)
  • Hebei Hengbo New Material Technology Co., Ltd. (China)
  • Nippon Light Metal Holdings Company, Ltd. (Japan)
  • Altech Chemicals Limited (Australia)
  • Polar Sapphire Ltd. (Canada)

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Segments Analysis

Application Trends

Based on application, the high purity alumina (HPA) market has been divided into LEDs, semiconductors, phosphor and Li-ion batteries. The LEDs application segment accounted for the largest market share in 2020. The segment growth can be attributed to widespread demand for LEDs across geographies.

Regional Trends

By region, the Asia-Pacific High Purity Alumina (HPA) market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to presence of strong electrical & electronics industry and expanding electric vehicle production in China. The market growth in North America region is expected to grow at a considerable CAGR during the review on account of high product adoption rate in electronics industry.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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