The global high purity alumina (HPA) market was valued at USD 1.73 Billion in 2014, and is projected to reach USD 5.09 Billion by 2020, at a CAGR of 20.1% between 2015 and 2020. The global HPA market has been categorized on the basis of purity level, application, and region. In terms of value, the 4N segment led the global HPA market in 2014. Furthermore, various applications included in the study are LED, semiconductor, phosphor, sapphire, and others.
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The high purity alumina market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, end users, and government organizations. Key players in this market include Altech Chemicals Limited (Australia), Alcoa Inc. (U.S.), Orbite Technologies Inc. (Canada), RUSAL (Russia), and Sumitomo Chemical Co., Ltd. (Japan), among others. The government and research organizations, raw material suppliers and distributors, construction companies, and industry associations are considered as critical stakeholders in this study.
- High Purity Alumina (HPA) Producers
- HPA Traders, Distributors, and Suppliers
- End-User Industries
- Associations and Industry Bodies
On the basis of Application, the global HPA market has been segmented into:
On the basis of purity level, the high purity alumina market is segmented into 4N, 5N, and 6N. 4N high purity alumina serves to be the main source material used in the development of scratch-resistant artificial sapphire glass. They are also utilized in smartphones and portable tablet devices.
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The price of HPA depends on its impurity profile (that is, the content of silica and iron), product type (powder, block, cake, seed, pellets, ball, and ingot), and product characteristics (particle size and density). HPA prices are expected to decrease owing to its increased supply from small producers in China.