Press release
High Purity Alumina Market with CAGR is Booming by its Projection Period 2026
According to the report published by Allied Market Research, the global high purity alumina industry generated $1.3 billion in 2019, and is expected to reach $4.8 billion in 2026, registering a CAGR of 20.7% from 2020 to 2026. The report offers an extensive analysis of drivers & opportunities, key winning strategies, market size & projections, competitive landscape, and changing market trends.
Increase in LED bulb adoption over usage of traditional bulbs and rise in investments from end-use industries propel the growth of the global high purity alumina market. However, huge manufacturing cost hinders the market growth. However, surge in demand from the emerging nations would offer new opportunities in the coming years.
Request Report Sample at: https://www.alliedmarketresearch.com/request-sample/1403
Covid-19 Impact:
The outbreak of Covid-19 enforced people to wear face masks, which in turn, skyrocketed the demand for high purity alumina nose clips for usage in those masks.
However, some of the manufacturing plants in which high purity alumina were produced for applications such as batteries, bulbs, and others have been shut down due to lockdown.
The report offers a detailed segmentation of the global high purity alumina market based on type, technology, application, and region.
Based on type, the 4N high purity alumina segment held the highest market share with more than half of the total market in 2019, and will maintain its lead position throughout the forecast period. On the other hand, the 5N high purity alumina segment is estimated to register the highest CAGR of 21.4% from 2020 to 2026.
Get Detailed COVID-19 Impact Analysis on the High Purity Alumina Market @: https://www.alliedmarketresearch.com/request-for-customization/1403?reqfor=covid
Based on application, the LED bulb segment accounted for the major share in 2019, generating nearly half of the total market share, and will continue to dominate in terms of revenue during the forecast period. However, the Li-ion batteries segment would portray the fastest CAGR of 25.6% from 2020 to 2026.
Based on region, North America is estimated to register the fastest CAGR of 21.7% from 2020 to 2026. However, Asia-Pacific contributed to the highest market share in 2019, accounting for more than two-thirds of the total market share, and is projected to maintain its lead position by 2026.
Key players of the global high purity alumina market analyzed in the research include Norsk Hydro ASA, Baikowski SAS, Sumitomo Chemical Co., Ltd., Sasol and Xuan Cheng Jing Rui New Material Co. Ltd., Nippon Light Metal Holdings Company, Ltd., Alcoa Inc., Zibo Honghe Chemical Co. Ltd., Altech Chemicals Ltd., and Hebei Pengda Advanced Materials Technology Co., Ltd.
Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/purchase-enquiry/1403
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Increase in LED bulb adoption over usage of traditional bulbs and rise in investments from end-use industries propel the growth of the global high purity alumina market. However, huge manufacturing cost hinders the market growth. However, surge in demand from the emerging nations would offer new opportunities in the coming years.
Request Report Sample at: https://www.alliedmarketresearch.com/request-sample/1403
Covid-19 Impact:
The outbreak of Covid-19 enforced people to wear face masks, which in turn, skyrocketed the demand for high purity alumina nose clips for usage in those masks.
However, some of the manufacturing plants in which high purity alumina were produced for applications such as batteries, bulbs, and others have been shut down due to lockdown.
The report offers a detailed segmentation of the global high purity alumina market based on type, technology, application, and region.
Based on type, the 4N high purity alumina segment held the highest market share with more than half of the total market in 2019, and will maintain its lead position throughout the forecast period. On the other hand, the 5N high purity alumina segment is estimated to register the highest CAGR of 21.4% from 2020 to 2026.
Get Detailed COVID-19 Impact Analysis on the High Purity Alumina Market @: https://www.alliedmarketresearch.com/request-for-customization/1403?reqfor=covid
Based on application, the LED bulb segment accounted for the major share in 2019, generating nearly half of the total market share, and will continue to dominate in terms of revenue during the forecast period. However, the Li-ion batteries segment would portray the fastest CAGR of 25.6% from 2020 to 2026.
Based on region, North America is estimated to register the fastest CAGR of 21.7% from 2020 to 2026. However, Asia-Pacific contributed to the highest market share in 2019, accounting for more than two-thirds of the total market share, and is projected to maintain its lead position by 2026.
Key players of the global high purity alumina market analyzed in the research include Norsk Hydro ASA, Baikowski SAS, Sumitomo Chemical Co., Ltd., Sasol and Xuan Cheng Jing Rui New Material Co. Ltd., Nippon Light Metal Holdings Company, Ltd., Alcoa Inc., Zibo Honghe Chemical Co. Ltd., Altech Chemicals Ltd., and Hebei Pengda Advanced Materials Technology Co., Ltd.
Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/purchase-enquiry/1403
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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