Global High Purity Alumina Market to reach US$4bn by 2025 High Purity Alumina (HPA) Market | Page 2

Some of the crucial challenges of the global high purity alumina market involve
expensive feedstock, scarcity and high cost of skilled workforce, strict government
regulations and high energy cost required, which will subsequently result in high
pricing of finished products and a relatively low profitability. Due to this, the high
purity alumina market is mainly dominated by China due to presence of large bauxite
reserves in the region.
With over 70% of the industry share 4N high purity alumina will foresee growth at a
significant pace due to its huge acceptance in energy-efficient lighting solutions and
electronic displays. The 5N HPA will account for over USD 1 billion by the end of
2025, owing to its rising usage in sapphire substrates, electrolytic capacitor foils,
electronic storage systems and photovoltaic cells.
Based on revenue, hydrolysis technology will capture over USD 3 billion by 2025.
This method involves addition of alcohol to aluminum that facilitate hydrolysis of
aluminum alkoxide in producing HPA, appropriate level of purity is achieved by
removing contaminants such as iron copper, and silicon to obtain the performance
benefits such as higher conductivity, brightness and optimal processing.
U.S. High Purity Alumina Market Size, By Application, 2014 – 2025 (USD Million)
Browse key industry insights spread across 240 pages with 335 market data tables &
23 figures & charts from the report, “High Purity Alumina (HPA) Market Size By
Technology (Hydrolysis, HCl Leaching), By Product (4N, 5N, 6N), By
Application (LED’s, Semiconductors, Phosphor, Sapphire), Industry Analysis
Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy,
Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea,
Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential,
Price Trends, Competitive Market Share & Forecast, 2018 – 2025” in detail along
with the table of contents: https://bit.ly/2nEqjAo
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