Bharat Book Bureau Provides the Treding Market Research Report on "Global High Purity Alumina (Hpa) Market 2021-2028" under Chemical & Materials Category. The report offers a collection of superior market researach, market analysis, competitive intelligence and Market reports.
MARKET OUTLOOK
According to Market Research’s report, the Global Market For High Purity Alumina (Hpa) is estimated to showcase a CAGR of 16.15% (by revenue) and 16.65% (by volume), during the projected phase of 2021-2028. The growing preference for LED bulbs and the surge in the manufacturing of electric vehicles are key factors motivating the studied market’s progress worldwide. Additionally, the surge in investments in several end-user industries is generating multiple growth opportunities for the HPA market through the examined period. However, the elevated cost imposed on the production of high purity alumina and stringent regulations on red mud extracts, are negatively impacting the development of the high purity alumina market.
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REGIONAL OUTLOOK
The global high purity alumina (HPA) market includes North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa regions. North America is expected to observe the fastest growth rate in the high purity alumina market over the evaluated phase. In the United States, the growing housing sector is anticipated to boost the demand for HPA over the assessed period. Moreover, the region is likely to observe a significant growth in the electronics and semiconductor industries, which will further boost the demand for high purity alumina. Here, the region’s growth is primarily owing to the growing demand for LED bulbs, smartphones, smartwatches, and others.
COMPETITIVE OUTLOOK
The distinguished companies involved in the high purity alumina market comprise Rusal, Nippon Light Metal Holdings Company Ltd, Andromeda Metals Ltd, Sumimoto Chemical Co Ltd, Altech Chemicals Ltd, Sasol Ltd, Xuancheng Jingrui New Material Co Ltd, Alpha HPA Limited, Baikowski SAS, Zibo Honghe Chemical Co Ltd, FYI Resources Ltd, Norsk Hydro ASA, Polar Sapphire Ltd, and Alcoa Corporation.
Nippon Light Metal Holdings Company Ltd manufactures and markets aluminum products worldwide. The company’s business segments include aluminum ingot & chemicals, fabricated products & others, aluminum sheet & extrusions, and others. Nippon’s products are used for applications in multiple industries, such as automobile, construction, construction, energy, industrial, railroad, and electronic industries, among others. It has headquarters in Tokyo, Japan.
TABLE OF CONTENTS
GLOBAL HIGH PURITY ALUMINA (HPA) MARKET - SUMMARY
INDUSTRY OUTLOOK 2.1. MARKET DEFINITION 2.2. KEY INSIGHTS 1.1.1. NORTH AMERICA IS THE MOST PROMISING REGIONAL MARKET 1.1.2. LI-ION BATTERIES IS ANTICIPATED TO GROW WITH THE HIGHEST CAGR 1.2. PORTER’S FIVE FORCES ANALYSIS 1.1.1. THREAT OF NEW ENTRANTS 1.1.2. THREAT OF SUBSTITUTE 1.1.3. BARGAINING POWER OF SUPPLIERS 1.1.4. BARGAINING POWER OF BUYERS 1.1.5. THREAT OF COMPETITIVE RIVALRY 1.1. MARKET ATTRACTIVENESS INDEX 1.2. VENDOR SCORECARD 1.3. KEY MARKET STRATEGIES 1.1.6. ACQUISITIONS 1.1.7. PRODUCT LAUNCH 1.1.8. PARTNERSHIP & AGREEMENTS 1.1.9. BUSINESS EXPANSION 1.2. MARKET DRIVERS
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vidhyanigam98 Joined: November 9th, 2019 Articles Posted: 315
