Key Findings
The North America high purity alumina (HPA) market is predicted to project a CAGR of 17.34% in terms of volume and 16.94% in terms of revenue, during the forecast period, 2021-2028. The increasing demand from end-user industries like LED bulbs, smartwatches, smartphones, along with the rising concerns about CO2 emission and stringent environmental regulations to supplement the adoption of LEDs, are set to fuel the market growth of the region.

Market Insights
Canada and the United States are assessed for the North America high purity alumina (HPA) market growth evaluation. The manufacturing industries of Canada are recording rapid growth due to favorable business policies and competent R&D infrastructure. The electronics industry is one of the largest manufacturing industries in the country. Also, the enhanced network connectivity is fueling the growth of the consumer electronics industry. There is an increasing focus on flexible and hybrid electronics (FHE), which is estimated to create growth opportunities in the domestic electronics industry. The product innovations raise the demand for the production of sapphire, semiconductor, HPA ceramics, and lithium-ion batteries. The transportation sector of Canada is the second-largest contributor to GHG emissions in the country. This results in the large-scale deployment of electric vehicle (EV) technology. Such factors are predicted to offer a lucrative environment for the HPA market in Canada.

Competitive Insights
Some of the distinguished companies present in the market include, Alcoa Corporation, Altech Chemicals Ltd, Polar Sapphire Ltd, Rusal, FYI Resources Ltd, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments