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High Purity Alumina Market Share

Report ID: GMI1254
Published Date: Jun 2024
Report Format: PDF

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High Purity Alumina Market Share

These firms are investing in R&D activities to innovate and improve the quality and efficiency of high purity alumina production for ensuring that the evolving needs of high-tech industries are met. Strategic partnerships with technology companies and manufacturers are expanding their market reach and applications. These industry players are also focusing on manufacturing scale-ups to meet the growing demand, especially from the LED and electric vehicle sectors. The strong emphasis on sustainable and cost-effective production methods, such as water filters is also increasing their competitive power.

High Purity Alumina Market Companies

Major players operating in the high purity alumina industry include:

Alcoa Corporation
Altech Chemicals Ltd
Austral Private Limited
Baikowski SAS
CHALCO Shandong Co., Ltd.
Hebei Pengda Advanced Materials Technology Co., Ltd.
Hebei Pengda Advanced Materials Technology Co., Ltd.
Nippon Light Medical Holding Company Ltd
Orbite Technologies Inc
Polar Sapphire
Rio Tinto Alcan
Sasol Limited
Sumitomo Chemical Company
United Company RUSAL Plc
Zibo Honghe Chemical Co., Ltd

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for high purity alumina was worth over USD 2.8 billion in 2023 and is projected to expand at 13.2% CAGR from 2024 to 2032, led by the rising demand for LED lighting and displays.

The hydrolysis technology segment in the high purity alumina industry is projected to account for more than USD 6.2 billion by 2032, due to the strong preference for cost-effective and eco- friendly production methods.

The 4N product segment in the high purity alumina industry recorded over USD 1.6 billion in 2023 and is estimated to depict 12.9% CAGR between 2024 and 2032, owing to the rise in high-tech applications that demand exceptional quality and performance.

North America industry is projected to exceed USD 1.2 billion by 2032, attributed to robust technological advancements and the increasing demand for advanced materials in various high-tech industries.