New York, NY, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “High Purity Aluminum Market By Type (4N, 5N, and 6N) and By Application (Electronic Industry, Chemical Industry, High Purity Alloy, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” in its research database
“According to Facts and Factors, the global high purity aluminum market in 2019 was approximately USD 4360 Million. The market is expected to grow at a CAGR of 17.40% and is anticipated to reach around USD 13,410 Million by 2026.”
Global High Purity Aluminum Market: Overview
Alumina is a chemical that is used as an engineering ceramic owing to its high performance. In terms of purity, alumina is available at various grades. The characteristics of alumina include electrically insulating, high thermal conductivity, high strength & stiffness, and excellent resistance to strong acids and alkalis at elevated temperatures.
The high purity alumina market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire high purity alumina market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volumes (Units) and value (USD Million) from FY 2016 – 2026.
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- [179+ Pages Report] with a list of tables and figures
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- Regional analysis using charts and graphs
- Easy to understand graphical data
- Key segments, industry drivers, challenges & opportunities in the global & regional market
- Research methodology
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Industry Major Market Players
- Joinworld
- Hydro
- Showa Denko
- Zibo Xinfumeng Chemicals Co.
- Ltd
- Kyushu Mitsui Aluminum
- BAIKOWSKI
- Sasol
- Rusal
- Sumitomo
- XUancheng jingrui New Material Co. Ltd
- C-KOE Metals
- Nippon Light Metal
- Columbia Specialty Metals
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The research report covers:
High Purity Aluminum Market Table of Contents
High Purity Aluminum Market Top Market Players
High Purity Aluminum Market Free Analysis
Key questions answered in this report:
- What is the projected size & share of the High Purity Aluminum Market?
- What are the key driving factors for the growth of the High Purity Aluminum Market?
- Who are the top market players in the High Purity Aluminum Market?
- How many segments are analyzed in the High Purity Aluminum Market?
- Can I get a customized free sample report of the High Purity Aluminum Market?
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Global High Purity Aluminum Market: Growth Factors
The growing initiative towards energy-efficient solutions around the globe is driving this high purity aluminum market. This high purity alumina is being widely used in semiconductors, lithium-ion batteries, plasma display screens, hybrid cars, optical lenses, sodium lamps, smartphone sapphire glass, and phosphor. Hence, it has been observed that the application of high purity alumina in the electronic industry is boosting the demand for alumina. Moreover, the urgent surge in demand for electric cars globally is raising the demand for lithium-ion batteries. To manufacture such batteries, high purity alumina is required highly. Therefore, certain factors are will rapidly accelerate the high purity alumina market worldwide.
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Global High Purity Aluminum Market: Report Scope
| Report Attribute | Details |
| Market Size 2019 Value | USD 4360 Million |
| Market Forecast for 2026 | USD 13,410 Million |
| Expected CAGR Growth | CAGR 17.40% from 2020-2026 |
| Base Year | 2020 |
| Forecast Year | 2020-2026 [Updated] |
| Top Market Players | Joinworld, Hydro, Showa Denko, Zibo Xinfumeng Chemicals Co., Ltd, Kyushu Mitsui Aluminum, BAIKOWSKI, Sasol, and Others |
| Segments Covered | Types, Applications, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Pricing Options | Request customized purchase options to meet your research needs. Explore purchase options |
Global High Purity Aluminum Market: Segmentation
The global high purity aluminum market has been segmented based on purity type and application. On the basis of type, the market has been fragmented into 4N, 5N, and 6N. They vary from each other based on the level of purity with 4N having less Al2O3 percentage compared with 6N and 5N. The 4N high purity alumina is the leading segment as demand for 4N alumina is high for manufacturing electronic displays and LED bulbs. In terms of applications, the market has been categorized into the electronic industry, chemical industry, and high purity alloy among others. The growing usage of LED light bulbs owing to its environment-friendly nature and longer life compared to conventional light bulbs are proliferating the electronic industry. Moreover, in recent years, the implementation of stringent environmental regulations across various nations to save energy is encouraging the adoption of energy-efficient lighting solutions that have resulted in high production and consumption of LED bulbs. Hence, the increase in demand for LED bulbs has fueled the need for alumina for manufacturing such bulbs which have ultimately, increased the growth of the high purity aluminum market.
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Global High Purity Aluminum Market: Regional Analysis
The global high purity aluminum market has been analyzed in the following regions including, North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa. Asia Pacific has accounted for the major market share in recent years owing to rising demand for energy-efficient LED lighting across the countries in this region, which in turn drives the growth of the high-purity alumina market. The Asia Pacific is anticipated to maintain its position in forthcoming years owing to its growth in the construction industry. These regions are further analyzed into major countries. The major countries analyzed in this research report are the U.S., Mexico, Germany, UK, Canada, France, China, India, South Korea, Japan, Brazil, and South Africa among others.
Browse the full “High Purity Aluminum Market By Type (4N, 5N, and 6N) and By Application (Electronic Industry, Chemical Industry, High Purity Alloy, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/high-purity-alumina-market-by-type-4n-5n-651
This report segments the high purity aluminum market as follows:
Global High Purity Aluminum Market: By Type Segmentation Analysis
- 4N
- 5N
- 6N
Global High Purity Aluminum Market: By Application Segmentation Analysis
- Electronic Industry
- Chemical Industry
- High Purity Alloy
- Others
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