High Purity Alumina Market Is Witnessing Strong Growth Due to Booming Electronics and Automotive Industries
High Purity Alumina (HPA) is a high-purity form of aluminium oxide. It is a high-value, high margin, and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire or artificial sapphire. HPA is extensively used in developing substrates for semiconductor wafers, LED lights, optical windows and smartphones, and scratch resistant glass. Moreover, HPA has potential uses in smartphone and television screens, electric vehicle batteries, and other high-technology products. Thus, there is an increasing demand for high purity alumina in various end-use industries, such as electronics and automotive. This in turn is expected to drive the High Purity Alumina Market growth. This large share is mainly attributed to the increasing demand of HPA in LEDs for various applications, such as televisions, home lighting, and hybrid and electric vehicles. Thus, with the increasing demand for aforementioned products, the demand for high purity