Market By Type, Technology, Application, And Country | Forecast 2021-2028
According to Triton’s research report, the high purity alumina (HPA) market in the Middle East and Africa is predicted to propel in revenue and volume at a compound annual growth rate of 8.98% and 12.30%, respectively, through the predicted years 2021-2028.
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The countries considered for analysis in this market are:
•       The United Arab Emirates
•       Turkey
•       South Africa
•       Saudi Arabia
•       Rest of Middle East & Africa
In the United Arab Emirates, the demand for consumer electronic products has gained significant traction among the young population. Moreover, the country is witnessing growth in automotive sales. Additionally, the construction industry is growing at a fast rate, owing to the rising population. This growth in construction activities is anticipated to fuel the demand for Lithium-ion batteries, LED lighting, and other components, thereby enhancing the demand for high purity alumina. Therefore, as mentioned above, these factors are likely to boost the HPA market in the United Arab Emirates on a growth path in the near future.
On the other hand, the government is restructuring its economic policies to encourage private investments in Saudi Arabia. Additionally, the salary of workers and the sales of consumer electronic devices are likely to increase over the projected phase. Further, Saudi Arabia has the largest electric vehicle segment in the region, with many vehicles imported from other nations. However, the country is shifting towards manufacturing EVs domestically. Such trends are likely to offer opportunities for the market players involved in the production of electric vehicle components, including LED lighting and semiconductor. Thus, these developments are estimated to augment the expansion of the HPA market across Saudi Arabia.
Sasol Ltd is involved in developing technologies used for the production of a wide range of high-value products, such as chemicals, liquid fuels, and low-carbon electricity. The company’s business segments include mining, base chemicals, performance chemical, and group functions. It operates via an integrated value chain, producing a group of chemical products. Sasol has operations in more than 36 countries, with headquarters located in Johannesburg, South Africa.
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1. MIDDLE EAST AND AFRICA 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. Â 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. MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET OUTLOOK - BY TYPE
3.1. 4N HPA
3.2. 5N HPA
3.3. 6N HPA
4. MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET OUTLOOK - BY TECHNOLOGY
4.1. HYDROLYSIS
4.2. HYDROCHLORIC ACID LEACHING (HCL)
5. MIDDLE EAST AND AFRICA 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. MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET - REGIONAL OUTLOOK
6.1. UNITED ARAB EMIRATES
6.2. TURKEY
6.3. SAUDI ARABIA
6.4. SOUTH AFRICA
6.5. REST OF MIDDLE EAST & AFRICA
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
TABLE 1: MARKET ATTRACTIVENESS INDEX
TABLE 2: VENDOR SCORECARD
TABLE 3: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 4: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)
TABLE 5: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 6: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, 2021-2028 (IN KILOTON)
TABLE 7: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)
TABLE 8: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY TECHNOLOGY, 2021-2028 (IN KILOTON)
TABLE 9: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 10: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)
FIGURE 1: PORTER’S FIVE FORCES ANALYSIS
FIGURE 2: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY 4N HPA, 2021-2028 (IN $ MILLION)
FIGURE 3: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY 5N HPA, 2021-2028 (IN $ MILLION)
FIGURE 4: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY 6N HPA, 2021-2028 (IN $ MILLION)
FIGURE 5: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY HYDROLYSIS, 2021-2028 (IN $ MILLION)
FIGURE 6: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY HYDROCHLORIC ACID LEACHING (HCL), 2021-2028 (IN $ MILLION)
FIGURE 7: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY LED BULBS, 2021-2028 (IN $ MILLION)
FIGURE 8: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY SEMICONDUCTOR SUBSTRATE, 2021-2028 (IN $ MILLION)
FIGURE 9: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY LI-ION BATTERIES, 2021-2028 (IN $ MILLION)
FIGURE 10: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY OPTICAL LENSES, 2021-2028 (IN $ MILLION)
FIGURE 11: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY BIOMEDICAL DEVICES, 2021-2028 (IN $ MILLION)
FIGURE 12: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND AFRICA HIGH PURITY ALUMINA (HPA) MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)
FIGURE 14: UNITED ARAB EMIRATES HIGH PURITY ALUMINA (HPA) MARKET 2021-2028 (IN $ MILLION)
FIGURE 15: TURKEY HIGH PURITY ALUMINA (HPA) MARKET 2021-2028 (IN $ MILLION)
FIGURE 16: SAUDI ARABIA HIGH PURITY ALUMINA (HPA) MARKET 2021-2028 (IN $ MILLION)
FIGURE 17: SOUTH AFRICA HIGH PURITY ALUMINA (HPA) MARKET 2021-2028 (IN $ MILLION)
FIGURE 18: REST OF MIDDLE EAST & AFRICA HIGH PURITY ALUMINA (HPA) MARKET 2021-2028 (IN $ MILLION)