The report "High Purity Alumina Market by Purity Level (4N, 5N, 6N), by Application (Light Emitting Diode, Semiconductor, Phosphor, Sapphire, Others), by Region (Asia Pacific, North America, Europe, Rest of the World) - Global Forecast to 2020", The global high purity alumina (HPA) market is projected to reach USD 5.09 Billion by 2020, at a CAGR of 20.1% from 2015 to 2020. The increasing applicability of high purity alumina among varied end-user applications, such as LEDs, semiconductors, phosphor, and sapphire, among others is expected to drive the market for high purity alumina during the forecast period.
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Browse 108 tables and 42 figures spread through 138 Pages and in-depth TOC on "High Purity Alumina Market
On the basis of Application, the global HPA market has been segmented into:
Among types, the 4N segment led the High Purity Alumina (HPA) market
Among types, the 4N segment led the global High Purity Alumina (HPA) in 2014, and accounted for the maximum market share in terms of volume. This segment is projected to grow at the highest CAGR during the forecast period.
Increase in demand of High purity alumina from the LED industry
The LEDs application segment led the global High Purity Alumina (HPA) market in 2014 and is projected to grow at the highest CAGR between 2015 and 2020. The growing adoption of LED in to industrial applications (i.e. home lighting, televisions, hybrid cars and electric vehicles) is driving demand for LEDs.
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