The High Purity Alumina Global Market Report 2023, provides comprehensive information on the high purity alumina market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global high purity alumina market size is expected to grow from $2.03 billion in 2022 to $2.44 billion in 2023 at a compound annual growth rate (CAGR) of 20.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global high purity alumina market size is expected to reach $4.79 billion in 2027 at a CAGR of 18.4%.
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Product innovation is a key trend in the high-quality alumina market. Major companies operating in the high-quality alumina market are advancing toward developing innovative products. For instance, in April 2022, Tethon Corporation Inc., a US-based company operating in ceramics additive manufacturing partnered with Showa Denko America, Inc., a US-based semiconductor manufacturing company, introduced high-purity alumina for ceramic additive manufacturing. The first UV resin created jointly by the two businesses, the alumina substance has a ceramic loading of about 75% by volume and 90% by weight, which is reportedly 25% greater than alternative materials from competitors. The shrinkage in the x, y, and z axes is claimed to be less than 10% after sintering because of this increased loading.
The high purity alumina market is segmented:
1) By Type: 4N, 5N, 6N
2) By Technology: Hydrolysis, Hydrochloric acid
3) By Application: LED Bulbs, Semiconductor Substrate, Li-ion Batteries, Optical Lenses, Bio Medical Devices, Other Applications
Asia-Pacific was the largest region in the high purity alumina market in 2022.
The table of contents in TBRC’s high purity alumina market report includes:
1. Executive Summary
2. High Purity Alumina Market Characteristics
3. High Purity Alumina Market Trends And Strategies
4. High Purity Alumina Market – Macro Economic Scenario
5. High Purity Alumina Market Size And Growth
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26. Africa High Purity Alumina Market
27. High Purity Alumina Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The High Purity Alumina Market
29. High Purity Alumina Market Future Outlook and Potential Analysis
30. Appendix
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