High Purity Alumina Market - APEC to exhibit the fastest growth by 2014 - 2020

Extensive market research has revealed that Asia Pacific is the largest market of high-purity alumina (HPA) attributed mainly to the high concentration of allied industries such as semiconductor and electronics equipment manufacturing industries in China, Taiwan and South Korea. It is then followed by North America and Europe. The U.S is the largest regional market of HPA in North America, Germany, Italy and The U.K are the largest market of HPA in Europe. Asia Pacific region is also the fasted growing market of HPA driven mainly by the rising demand of high definition television, smart phones, and rising application of electronic sensors and display in automotive in this region.

High-purity alumina, (minimum of 99.99 percent pure aluminum) is the form of non-metallurgical alumina and used widely in manufacturing industries such as electrolytic capacitor foils, semiconductor industry, LCD and LED display, photovoltaic cells, and electronic storage systems. The price and performance of the HPA varies widely on its degree of purity.

Based on the various application of high-purity alumina the market can be categorized into four broad segments namely LED applications, semiconductor applications, phosphor applications, and other applications. Based on the level of purity of the alumina the global high purity alumina market can be classified under three different quality standards namely, 4N (99.99% pure), 5N (99.999% pure) and 6N (99.9999% pure).

High purity alumina offers various performance benefits over its traditional counterparts such as alumina. Properties such as enhanced hardness, higher corrosion resistance, and high level of brightness is making it as a prefer choice for various industries and a wide range of application which include semiconductors, phosphor, manufacturing of batteries, and automotive sensors.

Some of the major companies operating in global high purity alumina market include, Orbiye Aluminae Inc., Hong Fu Crystal Technology Co. Ltd., United Co. RUSAL plc, Dalian Hiland Photoelectric Material Co. Ltd., Hong Fu Crystal Technology Co Ltd., Mitsubishi Chemical Corp., Kyushu Mitsui Aluminium Industry Co. Ltd., Nippon Hydro ASA, Xinjiang Joinworld Co. Ltd., Alcoa Inc., Sumitomo Chemicals Co Ltd., Hebei Pengda New Material Technical Co Ltd., Huomei Hongjun, Showa Denko K.K. Group, Zibo Xinmeiyu Alumina Co. Ltd., and Well Expediting Ent Co Ltd.