UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET FORECAST 2021-2025

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UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET FORECAST 2021-2025

The United States high purity alumina (HPA) market is set to project a CAGR of 17.81% in terms of revenue and 17.49% in terms of volume, during the forecast period. The steady growth of the housing market of the United States is estimated to raise the demand for HPA during the forecast period, 2021-2025. The base year considered for the study is 2020.

UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET FORECAST 2021-2025

United States 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)

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The United States high purity alumina (HPA) market is set to project a CAGR of 17.81% in terms of revenue and 17.49% in terms of volume, during the forecast period. The steady growth of the housing market of the United States is estimated to raise the demand for HPA during the forecast period, 2021-2025. The base year considered for the study is 2020.

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The fourth-largest product exported by the country is semiconductors, after crude oil, refined oil, and airplanes. Over 80% of the semiconductors are sold internationally. One-fifth of the industry’s revenue goes into R&D in the country. This has further aided the US in maintaining its competitive advantage in the production of semiconductors. The business environment for the semiconductor industry has become conducive due to the corporate tax reduction from 35% to 21% in 2018. Also, this has enabled substantial investments in the semiconductor industry, making it competitive in terms of design and manufacturing. Further, there is an increasing demand for faster and newer electronic products, due to rapid technological advancements, innovation, and R&D activities in the electronics industry. Such factors are estimated to propel market growth.

Alcoa Corporation produces and commercializes aluminum products, bauxite, and alumina. It is also engaged in aluminum casting, rolling, and smelting businesses. The company has its headquarters in Pennsylvania, the United States.

 

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY – UNITED STATES HIGH PURITY ALUMINA (HPA) INDUSTRY
    • MARKET SIZE & ESTIMATES
    • COUNTRY SNAPSHOT
    • COUNTRY ANALYSIS
    • KEY GROWTH ENABLERS
    • KEY CHALLENGES
  3. KEY ANALYTICS
    • IMPACT OF COVID-19 ON UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • KEY BUYING CRITERIA
  4. MARKET BY TYPE
    • 4N HPA
    • 5N HPA
    • 6N HPA
  5. MARKET BY TECHNOLOGY
    • HYDROLYSIS
    • HYDROCHLORIC ACID LEACHING (HCL)
  6. MARKET BY APPLICATION
    • LED BULBS
    • SEMICONDUCTOR SUBSTRATE
    • LI-ION BATTERIES
    • OPTICAL LENSES
    • BIO MEDICAL DEVICES
    • OTHER APPLICATIONS
  7. COMPETITIVE LANDSCAPE
    •    KEY STRATEGIC DEVELOPMENTS
      • MERGER & ACQUISITIONS
      • PRODUCT LAUNCH & DEVELOPMENTS
      • PARTNERSHIP & AGREEMENTS (COLLABORATION, JOINT VENTURE)
      • BUSINESS EXPANSION
    •    COMPANY PROFILES
      • ALCOA CORPORATION
      • SASOL LTD

LIST OF TABLES

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

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 4: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, FORECAST YEARS, 2021-2025 (IN $ MILLION)

TABLE 5: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

TABLE 6: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, FORECAST YEARS, 2021-2025 (IN KILOTONS)

TABLE 7: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 8: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2025 (IN $ MILLION)

TABLE 9: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

TABLE 10: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2025 (IN KILOTONS)

TABLE 11: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 12: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY APPLICATION, FORECAST YEARS, 2021-2025 (IN $ MILLION)

TABLE 13: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

TABLE 14: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY APPLICATION, FORECAST YEARS, 2021-2025 (IN KILOTONS)

LIST OF FIGURES

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VALUE CHAIN ANALYSIS

FIGURE 5: KEY BUYING CRITERIA

FIGURE 6: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

FIGURE 7: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY 4N HPA, 2021-2025 (IN $ MILLION)

FIGURE 8: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY 5N HPA, 2021-2025 (IN $ MILLION)

FIGURE 9: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY 6N HPA, 2021-2025 (IN $ MILLION)

FIGURE 10: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020

FIGURE 11: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY HYDROLYSIS, 2021-2025 (IN $ MILLION)

FIGURE 12: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY HYDROCHLORIC ACID LEACHING (HCL), 2021-2025 (IN $ MILLION)

FIGURE 13: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

FIGURE 14: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY LED BULBS, 2021-2025 (IN $ MILLION)

FIGURE 15: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY SEMICONDUCTOR SUBSTRATE, 2021-2025 (IN $ MILLION)

FIGURE 16: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY LI-ION BATTERIES, 2021-2025 (IN $ MILLION)

FIGURE 17: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY OPTICAL LENSES, 2021-2025 (IN $ MILLION)

FIGURE 18: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY BIO MEDICAL DEVICES, 2021-2025 (IN $ MILLION)

FIGURE 19: UNITED STATES HIGH PURITY ALUMINA (HPA) MARKET, BY OTHER APPLICATIONS, 2021-2025 (IN $ MILLION)

  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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