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The Global High Purity Aluminium Oxide Market was valued at USD 1.2 billion in 2017, and is expected to grow at a CAGR of 16.1% by 2025. The market is driven by increasing application in end use industries such as electronic device manufacturing in countries such as China, India and North America.
High purity aluminium oxide finds application in numerous end use industries which deals in thermal decomposition process, alkoxide process, modified bayer process, and choline hydrolysis process. It is also used for coating of sapphire glass as well as separators of lithium-ion battery used in portable electronics and electric vehicles. Sapphire glass is largely used in smartphone manufacturing which is another high demand end use application for high purity aluminium oxide market. The foremost factor which drives the market is LED productions which uses high purity alumina’s sapphire as a material.
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Regionally, Asia pacific is noted to be key market player during 2017 owing to developing economies such as China, Taiwan, South Korea, and Japan who dominated the electronic equipment production market. Also, North America is anticipated to grow period because of its high consumption of high purity aluminium oxide.
Some of the key players operating in this market include Polar Saffire Ltd., Altech Chemicals Ltd. and Others.
Key Benefits of the Report:
* High Purity Aluminium Oxide providers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
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The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
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TABLE OF CONTENT
1 Executive Summary
2 Methodology And Market Scope
3 High Purity Aluminium Oxide Market — Industry Outlook
4 High Purity Aluminium Oxide Market Grade Outlook
5 High Purity Aluminium Oxide Market Application Outlook
6 High Purity Aluminium Oxide Market Regional Outlook
7 Competitive Landscape
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