High Purity Alumina Market was worth USD 1.48 billion in 2020 and is anticipated to amplify at a CAGR of 20.1% over 2022-2030, thereby amassing a valuation of USD 6.29 billion by the end of the assessment timeframe.
The non-metallurgical alumina product category includes high purity alumina (HPA), a premium type of aluminium oxide. It is the essential component needed to produce synthetic sapphire and has a minimum purity level of 99.9 percent. Aluminum alkoxide is primarily hydrolyzed to produce HPA, which has qualities like excellent brightness and corrosion resistance.
Aluminum oxide, often known as high purity alumina (HPA), is refined non-metallurgical alumina. It is often produced via vapor-phase oxidation, underwater spark discharge with aluminium, hydrolysis of aluminium oxide, and hydrochloric acid leaching techniques. Depending on the degree of purity, it may be divided into 4N, 5N, and 6N categories and demonstrates a high melting point, corrosion resistance, and thermal stability. Because of this, HPA has a wide range of uses in the production of artificial sapphire substrates, LEDs, semiconductors, lithium-ion batteries, smart electronics, ceramics, solar cells, and gemstone substitutes.
A high-end product in the non-metallurgical alumina market is high purity alumina, or HPA. It is a high-value substance used as a raw material to make sapphire substrates, which are used to make semiconductor wafers, light emitting diodes (LEDs), and scratch-resistant artificial sapphire glass, among other things.
High purity alumina is another name for high purity aluminium oxide (HPA). It is a valuable, white, granular chemical that is manufactured for use in industry either by processing aluminium with particular chemicals or by using different sources of aluminium as a feedstock. The alkoxide process, thermal decomposition process, choline hydrolysis process, and modified Bayer process are a few of the most often utilised methods for producing HPA.
Global High Purity Alumina Market- Segmental Analysis
Top Key Players:-
- Orbite Aluminae Inc.
- King River Resources Limited
- Alcoa Inc.
- United Company RUSAL Limited
- Mitsubishi Chemical Corp.
- Nippon Hydro ASA
- Hong Fu Crystal Technology (Anhui) Co. Ltd.
- Dalian Hiland Photoelectric Material Co. Ltd.
- Hebei Pengda Advanced Material Technology Co. Ltd.
- HMR Co. Ltd.
- Altech Chemicals Limited
- Sasol Ltd
- Hebei Heng Bo New Material Technology Co., Ltd.
- Xuancheng Jingrui New Material Co., Ltd.
- 4N High Purity Alumina
- 5N High Purity Alumina
- 6N High Purity Alumina
- Hydrochloric Acid Leaching
- LED Bulbs
- Semiconductor Substrate
- Li-ion Batteries
- Optical Lenses
- Bio Medical Devices
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Key Questions Answered in This Report:
- How has the global high purity alumina market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global high purity alumina market?
- What are the key regional markets?
- What is the breakup of the market based on the purity level?
- What is the breakup of the market based on the production method?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global high purity alumina market and who are the key players?
- What is the degree of competition in the industry?
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