Hight Purity Alumina Market by Top Key Industry Players: Orbite Technologies Inc., Baikowski SAS, Sasol Germany GmbH, Polar Sapphire Limited, Sumitomo Chemical Co Limited, Nippon Light Metal Co Limited, Alcoa, Norso Hydro, Rio Tinto Alcan
Hight Purity Alumina (HPA) Market is booming and is likely to generate revenue of more than USD 6 billion and henceforth projecting a CAGR of over 17% by 2024.
(EMAILWIRE.COM, August 03, 2018 ) Hight Purity Alumina (HPA) Market is divided into various types pf products including 4N, 5N, and 6N. They differ from one another based on purity level with 4N having lesser percentage of Al2O3 compared to 5N and 6N. 4N is most prominent and has captured market share of around 54% by volume in the market. It usually seeks its demand from electronic display and LED bulbs. Due to strict regulation norms for using energy conserving light sources has led to shift in market giving rise to 4N market size. 5N held market share of around 30% whereas remaining is held by 6N.
Hight Purity Alumina (HPA) Market size is booming and is likely to generate revenue of more than USD 6 billion and henceforth projecting a CAGR of over 17% by 2024.
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HPA is an expensive product form of Aluminum Oxide (Al2O3) and is widely used in non-metallurgical applications across globe. The product is used as a base to produce sapphire substrates which are widely applicable in industry. It is used to manufacture a wide range of products such as plasma display screens, scratch resistant sapphire glasses for smart watch and smart phones, LED lights, lithium ion battery separators, sodium lamps, semiconductors, optical lenses, hybrid cars, electric vehicles and others. The value-added features such as durability, reliability, brightness, low radiated heat led to rising adoption of LED products initiating a positive shift in the market.
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The industry has widespread applications in LEDs, semiconductor, phosphor, sapphire and other markets. LEDs market is prominent with a market share of around 55% and is likely to attain 60% of the overall market by 2024 due to rising usage of LED based equipment across globe. Phosphor is utilized for protective coating on plasma display screen. The market trend indicates a shift from usage of traditional display screen to plasma display screen henceforth increasing product demand globally. Semiconductor are used in manufacturing electric vehicles and hybrid cars which are encouraged to reduce air pollution henceforth increasing product demand across the globe.
The global key players involved in the market are Altech Chemicals Limited, Coorstek Inc., Orbite Technologies Inc., Baikowski SAS, Sasol Germany GmbH, Polar Sapphire Limited, Sumitomo Chemical Co Limited, Nippon Light Metal Co Limited, Alcoa, Norso Hydro, Rio Tinto Alcan, RUSAL and Zibo Xinfumeng Chemicals.
Browse Full Report @ https://www.gminsights.com/industry-analysis/high-purity-alumina-hpa-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Hight Purity Alumina (HPA) Market size is booming and is likely to generate revenue of more than USD 6 billion and henceforth projecting a CAGR of over 17% by 2024.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1254
HPA is an expensive product form of Aluminum Oxide (Al2O3) and is widely used in non-metallurgical applications across globe. The product is used as a base to produce sapphire substrates which are widely applicable in industry. It is used to manufacture a wide range of products such as plasma display screens, scratch resistant sapphire glasses for smart watch and smart phones, LED lights, lithium ion battery separators, sodium lamps, semiconductors, optical lenses, hybrid cars, electric vehicles and others. The value-added features such as durability, reliability, brightness, low radiated heat led to rising adoption of LED products initiating a positive shift in the market.
Request for customization of this report @ https://www.gminsights.com/roc/1254
The industry has widespread applications in LEDs, semiconductor, phosphor, sapphire and other markets. LEDs market is prominent with a market share of around 55% and is likely to attain 60% of the overall market by 2024 due to rising usage of LED based equipment across globe. Phosphor is utilized for protective coating on plasma display screen. The market trend indicates a shift from usage of traditional display screen to plasma display screen henceforth increasing product demand globally. Semiconductor are used in manufacturing electric vehicles and hybrid cars which are encouraged to reduce air pollution henceforth increasing product demand across the globe.
The global key players involved in the market are Altech Chemicals Limited, Coorstek Inc., Orbite Technologies Inc., Baikowski SAS, Sasol Germany GmbH, Polar Sapphire Limited, Sumitomo Chemical Co Limited, Nippon Light Metal Co Limited, Alcoa, Norso Hydro, Rio Tinto Alcan, RUSAL and Zibo Xinfumeng Chemicals.
Browse Full Report @ https://www.gminsights.com/industry-analysis/high-purity-alumina-hpa-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results