LATIN AMERICA HIGH PURITY ALUMINA (HPA) MARKET 2021-2028

Chemicals & Materials | Specialty Chemicals

LATIN AMERICA HIGH PURITY ALUMINA (HPA) MARKET 2021-2028

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

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Triton’s report intimates that the Latin American high purity alumina (HPA) market is probable to register revenue growth at 13.22% of CAGR during the forecasted period 2021-2028. Further, the market is estimated to witness volume growth at a CAGR of 13.06% in the same period.



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The countries analyzed in this market include:

        Brazil

        Mexico

        Rest of Latin America

Among the region’s nations, the rising demand for consumer electronic products is boosting the growth of the studied market across Brazil. Along with this, the investments in the consumer electronic sector are growing, which adds to the HPA market’s progress. Further, the LED lighting segment has the potential to grow, owing to the high dependency on these lighting imports. Here, LED lighting is used for residential, commercial, industries, and road applications. Earlier, the government issued an order to replace fluorescent bulbs with LED bulbs, resulting in the high demand for LED lights. This has encouraged the local production of LED lights to meet the growing demand, which is estimated to drive the consumption of HPA derived sapphire, simultaneously augmenting the growth of the high purity alumina market.

In Mexico, most of the electronic products are manufactured by local companies, with a small portion being imported from the United States and China. Here, there is a large demand for electrical and electronics products from construction, consumer electronics, telecommunications, and other industries. Additionally, the country has observed a lack of residential infrastructure, which has led to the rise in residential construction projects across the country. This increases the demand for numerous electrical products, such as LED lightings, air conditioners, and more. Hence, an increase in the manufacturing of electronic products is likely to fuel the demand for semiconductors, Li-ion batteries, and other components, in turn, opening multiple avenues for the high purity alumina market across Mexico.

Altech Chemicals Ltd produces high purity alumina utilized in the production of synthetic sapphire. The company’s high purity alumina production process includes conventional off-the-shelf plants, along with equipment to extract HPA from kaolin through a hydrochloric acid-based method. Altech’s HPA projects are considered to be a high margin and value scheme. The company has business operations across multiple regions, including Latin America.

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Table of Content

1. LATIN AMERICA 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. LATIN AMERICA HIGH PURITY ALUMINA (HPA) MARKET OUTLOOK - BY TYPE

3.1. 4N HPA

3.2. 5N HPA

3.3. 6N HPA

4. LATIN AMERICA HIGH PURITY ALUMINA (HPA) MARKET OUTLOOK - BY TECHNOLOGY

4.1. HYDROLYSIS

4.2. HYDROCHLORIC ACID LEACHING (HCL)

5. LATIN AMERICA 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. LATIN AMERICA HIGH PURITY ALUMINA (HPA) MARKET - REGIONAL OUTLOOK

6.1. BRAZIL

6.2. MEXICO

6.3. REST OF LATIN AMERICA

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: LATIN AMERICA HIGH PURITY ALUMINA (HPA) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

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

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

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

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

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

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

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

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

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

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

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

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

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

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

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

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

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

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

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

FIGURE 13: LATIN AMERICA HIGH PURITY ALUMINA (HPA) MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)

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

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

FIGURE 16: REST OF LATIN AMERICA HIGH PURITY ALUMINA (HPA) MARKET 2021-2028 (IN $ MILLION)

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