High Purity Alumina (HPA) Market Size USD 4.8 Billion By 2026 At A CAGR of 20.7% - Valuates Reports - Seite 2

Based on application, the LED bulb segment accounted for the largest high purity alumina market share in 2019. The introduction of strict regulations to deploy energy-efficient lights around the globe stimulates the market penetration of LEDs. In addition, governments' initiative to enable people to use LED bulbs to minimize energy usage is likely to boost demand for LED bulbs.

Based on region, the Asia-Pacific region held the largest high purity alumina market share in 2019. This dominance of the Asia-pacific region is attributed to the presence of existing HPA players in the region and increased demand for HPA from the automotive and electronics. In addition, the strict regulations imposed by the government on the manufacture, import, and sale of incandescent lights have led to the growth of the smart lighting industry that produces LED light bulbs, thereby boosting high purity alumina market size.

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KEY SEGMENTATIONS

By Type

• 4N high purity alumina
• 5N high purity alumina
• 6N high purity alumina

By Technology

• Hydrolysis
• Hydrochloric Acid Leaching

By Application

• LED Bulbs
• Semiconductor Substrate
• Li-ion Batteries
• Optical Lenses
• Bio Medical Devices
• Others

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Rest of Asia-Pacific
• LAMEA
• Brazil
• Saudi Arabia
• South Africa
• Rest of LAMEA

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