Global High Purity Alumina Market to reach US$4bn by 2025 High Purity Alumina (HPA) Market | Page 3

Based on volume, LED’s segment will capture over 50% of the high purity alumina
market share. The phosphor segment is said to poise over USD 550 million by 2025.
Rapid growth of phosphor-based products such as plasma televisions in which high
purity alumina is used to control the characteristics of phosphorous products is
expected to grow and help boost the HPA market.
Based on volume, North America driven by U.S. will exhibit growth with a CAGR of
close to 18%. The regional 4N HPA market is said to capture close to USD 350
million by the end of forecast spell.
Global high purity alumina market is highly competitive due to presence of several
industry players. Some crucial players in the industry are, Baikowski SAS, Nippon
Light Metal Co. Limited, Orbite Technologies, Altech Chemicals Limited, Polar
Sapphire Limited, Sasol, UC RUSAL, Sumitomo Chemical, Alcoa Corporation, Zibo
Honghe Chemical Company.
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