The global high purity alumina industry size was over 20.0 kilo tons in 2015. The market is expected to grow on account of rising application in industries including semiconductors, automotive, ceramics, and consumer electronics. In addition, rising emphasis on introducing energy efficient electronic products in the developed economies of Europe and North America pertaining to stringent regulations is expected to drive demand. Rising use of high purity alumina in abrasives industry on account of superior hardness is expected to contribute towards product development. In addition, rising product use in coatings industry owing to high temperature resistance is expected to drive growth.
High purity alumina is non metallurgical alumina which has the purity level of 99.99% and above and possesses fine particle sizes. High purity alumina accounts for 10% of total production and is used in industries for specialty end uses. Rising use in the high-pressure sodium lamps as luminescent materials owing to high thermal stability and translucence is expected to augment demand over the forecast period. However, increased R&D investments to improve the manufacturing processes and increased production costs on account of rising labor & energy costs are likely to restrain market development in the near future.
Asia Pacific high purity alumina market volume, by application, 2013 - 2024 (Tons)
Light emitting diode application dominated the market in 2015 accounting for over 35.0% of the volume share. Rising use of high purity alumina in LED lighting and displays owing to their energy efficient operation is expected to propel the growth over the forecast period. In addition, lower component prices coupled with rising replacement lighting penetration is expected to drive the LED market growth which in turn is expected to spur the market demand. Growing use of LED lighting in the automotive industry for applications including adaptive driving beam is gaining popularity in medium to high-class car models. This trend is expected to drive the demand over next eight years.
Rising use of high purity alumina as a base material in sapphire substrates fabrication to manufacture scratch proof semiconductor wafers and sapphire glass is expected to drive the market demand over the forecast period. Furthermore, use of high purity alumina in the ceramics industry as high strength ceramic for manufacturing high strength cutting tools, ceramic crucibles, and integrated circuit substrate is expected to drive the market growth. Growing use of high purity alumina in transparent ceramics for manufacturing electrically programmable read-only memory window is expected to drive the market over next eight years. However, rising importance regarding environment-friendly production process expected to pose a challenge to the market growth over next eight years.
4N segment demand was over 17.0 kilo tons in 2015. 4N grade alumina with a purity level of 99.99% is the most widely used product in the market owing to lower production costs and easier availability of smelter grade alumina and low impurity clay feedstock. Also, properties such as high mechanical strength and chemical resistance make 4N grade alumina the most sought after product. Rising use of 4N grade in applications including ultrafiltration and gas separation membranes on account of its improved chemical resistance and porous nature is expected to drive the market growth over the forecast period.
5N segment accounted for a share of over 20.0% in 2015. 5N grade finds its application in sapphire glass and electronic displays. Rising demand of 5N high purity alumina from industries including consumer electronics on account of growing demand for novel products is expected to propel the market growth over next eight years.
The market in Asia Pacific is expected to develop at a significant rate with increasing disposable income of consumers and rising demand for technologically advanced consumer electronics. Rapid industrialization coupled with government aid to pace up the adoption of LED lights replacing the conventional incandescent lamps is expected to drive the LED industry in the region over next eight years. This trend is expected to propel the market demand for high purity alumina in the region.
North America is expected to account for a significant share of the market on account of rising investment by manufactures in R&D activities. In addition, increased focus on technological innovation in industries including consumer electronics and semiconductor is expected to drive the market in the region over the forecast period. Stringent regulations on improving the energy efficiency of electronic products are likely to pose a positive impact on market growth over next eight years.
Competitive Market Share Insights
High purity alumina manufacturers include Altech Chemicals Limited, Nippon Light Metal, Baikowski Pure Solutions, Polar Sapphire Ltd., Orbite Technologies Inc., Sumitomo Chemical Co. Ltd., and Alcoa Inc. Altech Chemicals Limited is primarily involved in manufacturing 4N grade high purity alumina. The company has also signed a joint venture agreement with Midas Engineering Group for project co-operation at the South West Titanium Project. Orbite Technologies Inc. is a Canadian company involved in alumina extraction by using a cheaper and pollution free extraction process.
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