ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET FORECAST 2021-2028

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ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET FORECAST 2021-2028

The Asia Pacific high purity alumina (HPA) market is predicted to grow at a CAGR of 15.97% in terms of revenue and 16.44% in terms of volume, during the forecast period, 2021-2028. The rising demand from the electronics and automotive industries, and the increasing need for LED lighting, are among the important factors driving market growth, along with surging building & construction activities.

ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET FORECAST 2021-2028

Asia Pacific High Purity Alumina (HPA) Market by Type (4n Hpa, 5n Hpa, 6n Hpa) by Technology (Hydrolysis, Hydrochloric Acid Leaching (HCL)) by Application (Led Bulbs, Semiconductor Substrate, Li-ion Batteries, Optical Lenses, Bio Medical Devices, Other Applications) and by Geography.

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The Asia Pacific high purity alumina (HPA) market is predicted to grow at a CAGR of 15.97% in terms of revenue and 16.44% in terms of volume, during the forecast period, 2021-2028. The rising demand from the electronics and automotive industries, and the increasing need for LED lighting, are among the important factors driving market growth, along with surging building & construction activities.

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The Asia Pacific high purity alumina (HPA) market growth analysis includes the evaluation of Vietnam, Australia & New Zealand, Japan, China, Thailand, Indonesia, India, South Korea, and the rest of Asia Pacific. China is one of the largest electronics production bases in the world. Electronic products like TVs, tablets, and smartphones, account for the majority of market share. The maturing domestic market has impacted the consumer electronic market in recent times, which will further influence the consumption of sapphire and high-purity alumina during the forecast period. The semiconductor industry is set to flourish, given the innovations in microchips, which will further boost the demand for IC (Integrated Circuit). Such factors are set to boost the demands of the HPA market in China.

In India, the government initiatives for attracting FDIs in the manufacturing sector are among the main drivers of market growth. The electronics industry of the country is one of the leading and largest industries. The increasing labor costs and initiatives like Digital India are further set to provide momentum to the electronics manufacturing sector. Another major factor is the LED lighting market, which is projected to witness fast-paced growth in the coming years, attributed to rising commercial and residential construction activities. Such factors are estimated to facilitate HPA market growth in India.

Zibo Honghe Chemical Co Ltd manufactures high purity alumina (HPA) using advanced equipment and unique patented technology. It exports HPA powder and products to Europe, Russia, South Korea, Taiwan, and the US. The product portfolio of the company includes High Purity Alumina, High Purity Activated Alumina, High Purity Alumina Pellet, Alumina Crackle Crystal, Alumina Polycrystalline, etc. It is located in China.

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    •    KEY DRIVERS
      • RISE IN ADOPTION OF LED BULBS OVER TRADITIONAL BULBS
      • INCREASE IN PRODUCTION OF ELECTRIC VEHICLES (EVs)
    •    KEY RESTRAINTS
      • HIGH COST OF PRODUCTION
      • GOVERNMENT REGULATION ON ‘RED MUD’ EXTRACTS
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 PANDEMIC ON HIGH PURITY ALUMINA (HPA) MARKET
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  2. MARKET BY TYPE
    • 4N HPA
    • 5N HPA
    • 6N HPA
  3. MARKET BY TECHNOLOGY
    • HYDROLYSIS
    • HYDROCHLORIC ACID LEACHING (HCL)
  4. MARKET BY APPLICATION
    • LED BULBS
    • SEMICONDUCTOR SUBSTRATE
    • LI-ION BATTERIES
    • OPTICAL LENSES
    • BIO MEDICAL DEVICES
    • OTHER APPLICATIONS
  5. GEOGRAPHICAL ANALYSIS
    •    ASIA PACIFIC
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA PACIFIC
  1. COMPETITIVE LANDSCAPE
    •    KEY STRATEGIC DEVELOPMENTS
      • PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
      • BUSINESS EXPANSION
    •    COMPANY PROFILES
      • ALCOA CORPORATION
      • ALTECH CHEMICALS LTD
      • BAIKOWSKI SAS
      • NIPPON LIGHT METAL HOLDINGS COMPANY LTD
      • NORSK HYDRO ASA
      • SASOL LTD
      • SUMIMOTO CHEMICAL CO LTD
      • XUANCHENG JINGRUI NEW MATERIAL CO LTD
      • ZIBO HONGHE CHEMICAL CO LTD
      • ALPHA HPA LIMITED
      • ANDROMEDA METALS LTD
      • POLAR SAPPHIRE LTD
      • RUSAL
      • FYI RESOURCES LTD

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – HIGH PURITY ALUMINA (HPA)

TABLE 2: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 4: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

TABLE 5: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN KILOTONS)

TABLE 6: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 8: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

TABLE 9: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN KILOTONS)

TABLE 10: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 11: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 12: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

TABLE 13: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN KILOTONS)

TABLE 14: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 15: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 16: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

TABLE 17: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN KILOTONS)

TABLE 18: LEADING PLAYERS OPERATING IN ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET

LIST OF FIGURES

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

FIGURE 6: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY 4N HPA, 2021-2028 (IN $ MILLION)

FIGURE 7: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY 5N HPA, 2021-2028 (IN $ MILLION)

FIGURE 8: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY 6N HPA, 2021-2028 (IN $ MILLION)

FIGURE 9: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020

FIGURE 10: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY HYDROLYSIS, 2021-2028 (IN $ MILLION)

FIGURE 11: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY HYDROCHLORIC ACID LEACHING (HCL), 2021-2028 (IN $ MILLION)

FIGURE 12: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

FIGURE 13: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY LED BULBS, 2021-2028 (IN $ MILLION)

FIGURE 14: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY SEMICONDUCTOR SUBSTRATE, 2021-2028 (IN $ MILLION)

FIGURE 15: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY LI-ION BATTERIES, 2021-2028 (IN $ MILLION)

FIGURE 16: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY OPTICAL LENSES, 2021-2028 (IN $ MILLION)

FIGURE 17: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY BIO MEDICAL DEVICES, 2021-2028 (IN $ MILLION)

FIGURE 18: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 19: ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 20: CHINA HIGH PURITY ALUMINA (HPA) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 21: JAPAN HIGH PURITY ALUMINA (HPA) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 22: INDIA HIGH PURITY ALUMINA (HPA) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 23: SOUTH KOREA HIGH PURITY ALUMINA (HPA) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 24: INDONESIA HIGH PURITY ALUMINA (HPA) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 25: THAILAND HIGH PURITY ALUMINA (HPA) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 26: VIETNAM HIGH PURITY ALUMINA (HPA) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 27: AUSTRALIA & NEW ZEALAND HIGH PURITY ALUMINA (HPA) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 28: REST OF ASIA PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, 2021-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    •    ASIA PACIFIC
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA PACIFIC
  1. MARKET BY TYPE
    • 4N HPA
    • 5N HPA
    • 6N HPA
  2. MARKET BY TECHNOLOGY
    • HYDROLYSIS
    • HYDROCHLORIC ACID LEACHING (HCL)
  3. MARKET BY APPLICATION
    • LED BULBS
    • SEMICONDUCTOR SUBSTRATE
    • LI-ION BATTERIES
    • OPTICAL LENSES
    • BIO MEDICAL DEVICES
    • OTHER APPLICATIONS

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