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Global High Purity Alumina Market 2016-2020

About Alumina

Alumina, commonly known as Al2O3, is primarily used as a feedstock for the fabrication of metallic aluminum, known as smelter grade alumina (SGA). Approximately 90% of alumina is used in aluminum fabrication, and the remaining 10% is dedicated to the non-metallurgical market for industrial use. High-purity alumina, which characterizes alumina with a minimum purity of 99.99%, is the high-end product of the non-metallurgical alumina market.

Technavio’s analysts forecast the global high-purity alumina market to grow at a CAGR of 27.11% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global high-purity alumina market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market. In addition, the report discusses the major drivers influencing the market growth and the challenges faced by the vendors and the market as a whole. It also examines key emerging trends and their influence on the current and future market scenarios. The report also discusses the regional segmentation for each geography.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global High-Purity Alumina Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Alcoa
  • Norse Hydro
  • Orbite Technologies
  • Rio Tinto Alcan
  • Sumitomo Chemical
  • RUSAL
  • Zibo Xinfumeng Chemicals
Other prominent vendors
  • Hong Fu Crystal Technology
  • Kyushu Mitsui Aluminium
  • Dalian Hiland Photoelectric Material
Market driver
  • Growing adoption of LED lighting systems and displays
  • For a full, detailed list, view our report
Market challenge
  • Rising production costs
  • For a full, detailed list, view our report
Market trend
  • Increase in aluminous clay resources
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global High-Purity Alumina Market 2016-2020

Technavio recognizes the following companies as the key players in the global high-purity alumina market: Alcoa, Norse Hydro, Orbite Technologies, Rio Tinto Alcan, Sumitomo Chemical, RUSAL, and Zibo Xinfumeng Chemicals.

Other Prominent Vendors in the market are: Hong Fu Crystal Technology, Kyushu Mitsui Aluminium, and Dalian Hiland Photoelectric Material.

Commenting on the report, an analyst from Technavio’s team said: “One trend which is boosting market growth is the increase in aluminous clay resources. The global high-purity alumina market currently has a supply deficit. However, we can expect it to be resolved by the development of new technology that extracts high-purity alumina from aluminous clay resources. High-purity alumina producers are rigorously exploring the earth’s crust for aluminous clay resources. For instance, Australia Minerals and Mining Group (AMMG) reported an increase of 147 million metric tons in aluminous clay resources under its owned projects.”

According to the report, a key growth driver is the growing adoption of LED lighting systems and displays. In 2015, single-crystal sapphire used in LED manufacturing accounted for 55.09% of high-purity alumina production. LED lighting technology provides energy efficiency, durability, sustainability, and safety, which are fueling its use in housing and commercial applications. LEDs offer more advantages than incandescent lighting, which is fast losing market share among end-users. The global LED lighting market for industrial applications was $2.34 billion in 2015 and is anticipated to reach $6.26 billion by 2020, expanding at a CAGR of 21.75%.

Further, the report states that one challenge that could hamper market growth is the rising cost of production. Power prices account for a significant share of the aluminum production cost. Due to increasing demand for energy, the prices are shooting, leading to the closure of many smelters. The traditional high-purity alumina production method, which enhances the purity of alumina, results in massive exploration, mining, labor, reagents, and energy costs. Production costs increase mainly because of the significant amount of electricity consumed during the process. Also, any increase in energy tariff affects a vendor's profit margins.



Companies Mentioned

Alcoa, Norse Hydro, Orbite Technologies, Rio Tinto Alcan, Sumitomo Chemical, RUSAL, Zibo Xinfumeng Chemicals, Hong Fu Crystal Technology, Kyushu Mitsui Aluminium, Dalian Hiland Photoelectric Material.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global high-purity alumina market
      • Table Global high-purity alumina market by application
      • Table Global high-purity alumina market by product
      • Table Global high-purity alumina market by geography
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Overview
    • High-purity alumina products
      • Table Properties of alumina
    • Production process
      • Table Production of high-purity alumina by alkoxide method
  • Market landscape
    • Global high-purity alumina market
      • Table Global high-purity alumina market (thousand metric tons)
  • Segmentation by application
    • Table Global high-purity alumina market by application 2015
    • Global high-purity alumina market for LEDs
      • Table Comparative analysis between LED application and other applications
      • Table Global high-purity alumina market for LEDs 2015-2020 (thousand metric tons)
    • Global high-purity alumina market for semiconductors
      • Table Global semiconductor market by region 2014
      • Table Global high-purity alumina market for semiconductors 2015-2020 (thousand metric tons)
    • Global high-purity alumina market for phosphor-based application
      • Table Global high-purity alumina market for phosphor-based application 2015-2020 (thousand metric tons)
  • Segmentation by product type
    • Table Global high-purity alumina market by product 2015
  • Geographical segmentation
    • Table Global high-purity alumina market by geography 2015
    • High-purity alumina market in APAC
      • Table High-purity alumina market in APAC 2015-2020 (thousand metric tons)
    • High-purity alumina market in EMEA
      • Table High-purity alumina market in EMEA 2015-2020 (thousand metric tons)
    • High-purity alumina market in Americas
      • Table High-purity alumina market in Americas 2015-2020 (thousand metric tons)
  • Key leading countries
    • Table Key leading countries
  • Market drivers
    • Growing adoption of LED lighting systems and displays
      • Table Global LED industrial lighting market 2015-2020 ($ billions)
    • Government regulations encouraging energy-efficient lighting systems
    • Increase in demand from APAC
      • Table Comparison of high-purity alumina market in APAC and other regions
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Rising production costs
    • LME price volatility affecting production plans
      • Table Global aluminum LME prices February 2006-September 2015 ($ per metric ton)
    • Competition from China
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increase in aluminous clay resources
    • Increasing investments in R&D
    • Growing concern for environment and energy constraints
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Alcoa
      • Table Alcoa: Business segmentation by revenue 2015
      • Table Alcoa: Product segmentation by revenue 2015
      • Table Alcoa: Geographical segmentation by revenue 2015
    • Norse Hydro
      • Table Norse Hydro: Business segmentation by revenue 2015
      • Table Norse Hydro: Geographical segmentation by revenue 2015
    • Orbite Technologies
      • Table Orbite Technologies: Business segmentation
    • Rio Tinto Alcan
    • Sumitomo Chemical
      • Table Sumitomo: Business segmentation by revenue 2015
      • Table Sumitomo: Geographical segmentation by revenue 2015
    • RUSAL
      • Table RUSAL: Business segmentation by revenue 2014
      • Table RUSAL: Geographical segmentation by revenue 2014
    • Zibo Xinfumeng Chemicals
  • Appendix
    • List of abbreviations
  • Explore Technavio

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