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

Chemicals & Materials | Specialty Chemicals

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

Market By Type, Technology, Application, And Country | Forecast 2021-2028

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The Asia-Pacific high purity alumina (HPA) market is estimated to exhibit growth at a CAGR of 16.05% in revenue and 16.59% in volume during the reviewed years 2021-2028.


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The countries considered in this market include:

        India

        China

        Japan

        Australia & New Zealand

        South Korea

        ASEAN countries

        Rest of APAC

China is among the largest economies, and is likely to grow due to the growing population, the standard of living, and per capita income. Moreover, the country hosts one of the largest electronic production bases, competing with major producers, such as South Korea and Taiwan. Here, electronic products, including OLED TVs and tables, are gaining significant traction across the country. Moreover, the maturing domestic market has positively impacted the consumer electronics market, in turn, likely to boost the consumption of high purity alumina in the next few years.

Furthermore, China has emerged as one of the leading producers and consumers of lighting products. For instance, light-emitting diodes (LEDs), electrode-less discharge lamps, and compact fluorescent lamps (CFLs), are widely used lighting products in the country. Hence, the growing demand for these products for urban, commercial, and industrial lighting, is motivating the production of lighting products. This is further anticipated to add to the growth of the HPA market across China.

In Japan, the LED technology is among the most widely used technologies. Moreover, the country holds the highest LED penetration rate globally. Besides, the country plans to shift completely towards the production and sale of LED products by 2030. This indicates the robust growth of LED lightings, which is likely to fuel the demand for high purity alumina for sapphire production for application in LED lightings. Hence, these factors are estimated to boost the high purity alumina market growth.

Sumimoto Chemical Co Ltd is engaged in numerous businesses, including petrochemicals and plastics. Its product portfolio includes gamma high purity alumina and advanced alumina for various applications. Moreover, the company manufactures crop protection chemicals, fertilizers, and feed additives. Sumimoto is involved in the supply of electric power and steam services for the construction, design, and engineering of chemical plants and warehousing. It has operations across various regions, and is headquartered in Tokyo, Japan.

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Table of Content

1. ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1. LI-ION BATTERIES IS ANTICIPATED TO GROW WITH THE HIGHEST CAGR

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF SUPPLIERS

2.3.4. BARGAINING POWER OF BUYERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1. ACQUISITIONS

2.6.2. PRODUCT LAUNCH

2.6.3. PARTNERSHIP & AGREEMENTS

2.6.4. BUSINESS EXPANSION

2.7. MARKET DRIVERS

2.7.1. GROWING PREFERENCE FOR LED BULBS

2.7.2. RISE IN MANUFACTURING OF ELECTRIC VEHICLES (EVs)

2.8. MARKET RESTRAINTS

2.8.1.  HIGH COSTS CHARGED ON PRODUCTION

2.8.2. STRINGENT RULES ON 'RED MUD' EXTRACTS

2.9. MARKET OPPORTUNITIES

2.9.1. RISE IN INVESTMENT IN END-USER INDUSTRIES

2.10. IMPACT OF COVID-19 ON HIGH PURITY ALUMINA (HPA) MARKET

3. ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET OUTLOOK - BY TYPE

3.1. 4N HPA

3.2. 5N HPA

3.3. 6N HPA

4. ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET OUTLOOK - BY TECHNOLOGY

4.1. HYDROLYSIS

4.2. HYDROCHLORIC ACID LEACHING (HCL)

5. ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET OUTLOOK - BY APPLICATION

5.1. LED BULBS

5.2. SEMICONDUCTOR SUBSTRATE

5.3. LI-ION BATTERIES

5.4. OPTICAL LENSES

5.5. BIOMEDICAL DEVICES

5.6. OTHER APPLICATIONS

6. ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET - REGIONAL OUTLOOK

6.1. CHINA

6.2. JAPAN

6.3. INDIA

6.4. SOUTH KOREA

6.5. ASEAN COUNTRIES

6.6. AUSTRALIA & NEW ZEALAND

6.7. REST OF ASIA-PACIFIC

7. COMPETITIVE LANDSCAPE

7.1. ALCOA CORPORATION

7.2. ALTECH CHEMICALS LTD

7.3. BAIKOWSKI SAS

7.4. NIPPON LIGHT METAL HOLDINGS COMPANY LTD

7.5. NORSK HYDRO ASA

7.6. SASOL LTD

7.7. SUMIMOTO CHEMICAL CO LTD

7.8. XUANCHENG JINGRUI NEW MATERIAL CO LTD

7.9. ZIBO HONGHE CHEMICAL CO LTD

7.10. ALPHA HPA LIMITED

7.11. ANDROMEDA METALS LTD

7.12. POLAR SAPPHIRE LTD

7.13. RUSAL

7.14. FYI RESOURCES LTD

8. METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of table

TABLE 1: MARKET ATTRACTIVENESS INDEX

TABLE 2: VENDOR SCORECARD

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

TABLE 4: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)

TABLE 5: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 6: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, 2021-2028 (IN KILOTON)

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

TABLE 8: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY TECHNOLOGY, 2021-2028 (IN KILOTON)

TABLE 9: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 10: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

FIGURE 2: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY 4N HPA, 2021-2028 (IN $ MILLION)

FIGURE 3: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY 5N HPA, 2021-2028 (IN $ MILLION)

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

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

FIGURE 6: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY HYDROCHLORIC ACID LEACHING (HCL), 2021-2028 (IN $ MILLION)

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

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

FIGURE 9: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY LI-ION BATTERIES, 2021-2028 (IN $ MILLION)

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

FIGURE 11: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY BIOMEDICAL DEVICES, 2021-2028 (IN $ MILLION)

FIGURE 12: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)

FIGURE 14: CHINA HIGH PURITY ALUMINA (HPA) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 15: JAPAN HIGH PURITY ALUMINA (HPA) MARKET 2021-2028 (IN $ MILLION)

FIGURE 16: INDIA HIGH PURITY ALUMINA (HPA) MARKET 2021-2028 (IN $ MILLION)

FIGURE 17: SOUTH KOREA HIGH PURITY ALUMINA (HPA) MARKET 2021-2028 (IN $ MILLION)

FIGURE 18: ASEAN COUNTRIES HIGH PURITY ALUMINA (HPA) MARKET 2021-2028 (IN $ MILLION)

FIGURE 19: AUSTRALIA & NEW ZEALAND HIGH PURITY ALUMINA (HPA) MARKET 2021-2028 (IN $ MILLION)

FIGURE 20: REST OF ASIA-PACIFIC HIGH PURITY ALUMINA (HPA) MARKET 2021-2028 (IN $ MILLION)

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