2017 Forecast - High Purity Alumina Global Market News, Industry Size, Share, Analysis and Research to 2022

Based on type of High Purity Alumina, the market is segmented into 4N, 5N and 6N. Technological developments in production processes would lead to a lower cost of production. The prices for high purity alumina are expected to decrease in the near future. In 2015, the 4N segment occupied more than half of the market share in terms of volume in global hpa market. Based on application, the market is segmented into LED bulbs, electronic displays, automotive, medical and others. Based on production technology, the market is segmented into hydrolysis and hydrochloric acid (HCL) leaching.

Geographically, the market has been segmented into North America, Europe, Asia-Pacific and LAMEA. In 2015, Asia-Pacific occupied the largest share in the global high purity alumina, with China and Japan as major countries contributing to the growth. Increasing population coupled with rising adoption of government initiatives to save energy are significant factors leading to the growth of the high purity alumina market in the Asia-Pacific region.

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High purity alumina is an alumina with a minimum purity level of 99.99%. It is used as a base material for manufacturing light emitting diodes (LEDs), electronic displays, separator for lithium ion batteries in automotive industry, surgical tools and instruments in medical industry. High purity alumina exhibits increasing application owing to its superior properties such as high brightness, corrosion resistance, crack resistance and its ability to withstand extreme temperatures. In 2015, the global high purity alumina market was valued at $1,535 million and is expected to grow further at a CAGR of 16.7 % during 2016-2022.

Increasing demand for high purity alumina across the globe, coupled with government support leading to growing adoption of LEDs, drives the size of global high purity alumina market. In addition, technological advancements and growth in application industries such as semiconductors, automotive and medical, are also driving the world market for high purity alumina. However, higher cost of production may impede the market growth in the near future, owing to the emergence of any cost alternative product into the market.

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By Type

• 4N
• 5N
• 6N

By Application

• LED Bulbs
• Electronic Displays
• Automotive
• Medical
• Others

By Technology

• Hydrolysis
• HCL

By Geography

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany

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