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NORTH AMERICA HIGH PURITY ALUMINA (HPA) MARKET FORECAST 2021-2028

The North America high purity alumina (HPA) market is estimated to evolve at a CAGR of 16.94% in terms of revenue, and 17.34% in terms of volume, during the forecast period, 2021-2028. The rising energy-saving measures, legislative support, increasing demand for electric vehicles, and technological advancements, are the factors projected to increase the demand for HPA in North America.

NORTH AMERICA HIGH PURITY ALUMINA (HPA) MARKET FORECAST 2021-2028

North America 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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Report Summary

The North America high purity alumina (HPA) market is estimated to evolve at a CAGR of 16.94% in terms of revenue, and 17.34% in terms of volume, during the forecast period, 2021-2028. The rising energy-saving measures, legislative support, increasing demand for electric vehicles, and technological advancements, are the factors projected to increase the demand for HPA in North America.

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The United States and Canada are analyzed for the North America high purity alumina (HPA) market growth assessment. The US, given its economic prospects, entails indoor and outdoor lighting requirements in the commercial, residential, and industrial sectors, resulting in increased demand for LED lighting. LED lights are increasingly used for modular lighting, task lighting, streetlights, etc. The inventory of the LED lights in the country has also increased. The electronics market of the US is the largest in the world with regard to size, and is estimated to profit due to technological advancements and the rising number of R&D centers.

The manufacturing plants and development centers in the country are increasing in numbers due to the rising focus on the development of high-end products. The consumer home appliances garnered considerable revenue in 2019. The major factors driving the demand are smart home, drones, laptops, televisions, vehicle technology, etc. This is set to further increase production in the domestic electronics industry. Such factors are expected to raise the demand for sapphire and HPA during the forecast period.

Polar Sapphire Ltd is an HPA producer of high-quality producer of 3N to 6N high purity alumina, based in Canada. It is majorly engaged in the manufacture of industrial inorganic chemicals. The company produces beads and pucks that project enhanced sapphire boule yields with less coloration, crystal defects, and microporosity. The company is located in Mississauga, Ontario.

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    Table of Contents

    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
      •    NORTH AMERICA
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        •    COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    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: NORTH AMERICA HIGH PURITY ALUMINA (HPA) MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    TABLE 18: LEADING PLAYERS OPERATING IN NORTH AMERICA 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: NORTH AMERICA HIGH PURITY ALUMINA (HPA) MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    Segmentation

    1. GEOGRAPHICAL ANALYSIS
      •    NORTH AMERICA
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        •    COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    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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      Author: shalini amarnani