High Purity Alumina (HPA) Market to Cross US $4bn by 2025: Alcoa, United States Steel Corporation, Norsk Hydro, Rio Tinto, Sasol and 10 Other Companies Profile
The LED application segment will capture a significant share of over 50% in the global high purity alumina market by 2025. The semiconductor segment revenue will capture a market share of over 25% by the end of forecast spell and will grow with a CAGR of over 15% during the forecast timeframe. Rising applicability of HPA in semiconductors is fostered by its underlying applications in consumer electronics such as home appliances and industrial applications such as military, infrastructure, and energy.
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