High Purity Aluminium Industry Analysis in East Asia
High Purity Aluminium Study in East Asia By Grade (4N, 5N, 6N), By End Use (Semiconductors, Aerospace, Automotive), By Form (Disks, Pellets, Ingots, Wires & Coils) and By Country - 2023 to 2033
Analysis of High Purity Aluminium Industry Covering Countries Including Analysis of China, Japan, South Korea, and Taiwan
High Purity Aluminium Sales Outlook for East Asia (2023 to 2033)
Fact.MR, in its newly published study, reveals that sales of high purity aluminium in East Asia are estimated at US$ 2.01 billion in 2023. Regional demand for these specialty alloys is predicted to increase at a stellar CAGR of 12.8% and reach a market value of US$ 6.77 billion by the end of 2033.
High purity aluminium (HPA) is utilized in semiconductor production, which is a critical component of the electronics sector. Some of the prominent countries from East Asia, including China, Japan, and South Korea are well-known owing to the presence of the electronics manufacturing sector there. With the increasing demand for electronic devices, the requirements for high purity aluminium are also projected to increase.
Multiple East Asian countries are investing significantly in renewable energy sources, including wind turbines, solar panels, etc. High purity aluminium is adopted for the construction of numerous energy infrastructure components that are in high demand as the region is constantly investing to reduce dependency on fossil fuels.
With rapid infrastructure development and urbanization in East Asia, the requirement for aluminium is increasing for transportation and construction systems. In critical infrastructure projects, high purity aluminium is used prominently.
| Report Attributes | Details |
|---|---|
| High Purity Aluminium Sales in East Asia (2023E) | US$ 2.01 Billion |
| Projected Sales (2033F) | US$ 6.77 Billion |
| Demand Growth (2023 to 2033) | 12.8% CAGR |
| Volume of Ingots Form (2033F) | 1,739.6 Million Metric Tons |
| Sales in China (2023E) | US$ 728 Million |
| Demand Growth in Taiwan (2023 to 2033) | 13.1% CAGR |
| Revenue Share of South Korea (2033F) | > 15% |
| Key Companies Profiled |
|
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How is the East Asia Market for High Purity Aluminium Evolving?
“Shift toward Electric Vehicles Stimulating Use of High Purity Aluminium”
East Asia is predicted to emerge as one of the prominent consumers of EVs (electric vehicles). This shift is predicted to impact high purity aluminium adoption for multiple applications positively. Owing to exceptional properties and purity levels it has an integral role in manufacturing electric vehicles, especially in lightweight component production and EV battery manufacturing.
This phenomenon is predicted to signify a profound transformation in the field of automotive that is further characterized by enhanced energy efficiency and constant advancements in vehicle performance. The traction for electric vehicles is increasing due to growing initiatives to combat climate change and reduce carbon footprints. The rising adoption of EVs is ultimately leading to the increasing demand for high purity aluminium.
Alumina contributes significantly to various components, including separators, cathodes, and anodes. Corrosion resistance and high productivity make it an ideal option for batteries while enhancing their overall lifespan and efficiency.
Country-wise Insights
Why are Sales of High Purity Aluminium High in China?
“Increasing Demand for High Purity Aluminium in Electronics and Semiconductors”
| Attribute | China |
|---|---|
| Market Value (2023E) | US$ 728 Million |
| Growth Rate (2023 to 2033) | 14.4% CAGR |
| Projected Value (2033F) | US$ 2.82 Billion |
High purity aluminum is a crucial material used in the electronics and semiconductor industries. It is used as a prominent material in the production of LED chips and other components. The increasing demand for multiple types of electronic devices along with constant advancements taking place in the semiconductor industry is projected to drive requirements for high purity aluminium.
What is the Demand Outlook for High Purity Aluminium in Taiwan?
“Expanding Solar Energy Sector Creating Opportunities for High Purity Aluminium Suppliers”
| Attribute | Taiwan |
|---|---|
| Market Value (2023E) | US$ 667.1 Million |
| Growth Rate (2023 to 2033) | 13.1% CAGR |
| Projected Value (2033F) | US$ 2.30 Billion |
The solar energy sector in Taiwan is expanding at a significant rate. It is further predicted to propel the demand for high purity aluminium in the production of solar panels. With the growth of the renewable energy sector, the traction for high purity aluminium is accelerating there.
The government in Taiwan is spending noticeably to support numerous high-tech industries, domestic manufacturing, and environmental sustainability, which is further estimated to positively influence the sales of high quality aluminium.
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Category-wise Insights
Why is Use of 4N Grade Aluminium Increasing in the Region?
“Exceptional Electrical Conductivity of 4N Grade Aluminium”
| Attribute | 4N Grade |
|---|---|
| Segment Value (2023E) | US$ 1.27 Billion |
| Growth Rate (2023 to 2033) | 12.8% CAGR |
| Projected Value (2033F) | US$ 4.66 Billion |
East Asia, especially South Korea, Taiwan, and China, is considered one of the hubs of the electronics and semiconductor industry, according to a study published by Fact.MR, a market research and competitive intelligence provider.
High purity aluminium with 4N form is adopted as a pivotal material in the manufacturing of LEDs, semiconductors, and other electronic components owing to its exceptional electrical conductivity. The growing demand for different types of smartphones, consumer electronics, and emerging technologies, including IoT (Internet of Things) and 5G is also projected to add up to the product demand.
How is Expansion of the Semiconductor Industry Driving High Purity Aluminium Demand?
“Growing Use of HPA in Wafer Production and Chemical Vapor Deposition”
| Attribute | Semiconductors |
|---|---|
| Segment Value (2023E) | US$ 1.85 Billion |
| Growth Rate (2023 to 2033) | 13.3% CAGR |
| Projected Value (2033F) | US$ 6.51 Billion |
High purity aluminium plays a significant role in the semiconductor industry, contributing to the performance and manufacturing of semiconductor devices in multiple ways. HPA is utilized in the production of silica wafers that work as the substrate in semiconductor devices. High purity aluminium ensures minimal impurities and enables the precise fabrication of diodes, transistors, and other components. This leads to improved performance and higher semiconductor device yields.
HPA is used in the chemical vapor deposition process for the production of thin layers and films on semiconductor wafers. They are critical for multiple functions in different semiconductor devices, including passivation, conductive pathways, and insulation. HPA purity is essential for the prevention of contamination of different semiconductor components at the time of the CVD process.
Competition Landscape
Manufacturers of high purity aluminium are investing to strengthen their supply chain management system, new development, quality control, etc. Key companies manufacturing high purity aluminium in East Asia are Nature Alu, Chalco, Kyushu Mitsui Aluminium, Showa Denko, Join World, Nippon Light Metal, and Sumitomo Chemical.
Know thy Competitors
Competitive landscape highlights only certain players
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Segmentation of High Purity Aluminium Study in East Asia
-
By Grade :
- 4N
- 5N
- 6N
-
By End Use :
- Semiconductors
- Chip Production
- Flat Panel Display Production
- Thin Film Production
- Electrolytic Capacitor Foils
- Electronic Storage Systems
- Aerospace
- Automotive
- Semiconductors
-
By Form :
- Disks
- Pellets
- Ingots
- Wires & Coils
-
By Country :
- China
- Japan
- South Korea
- Taiwan
- FAQs -
How much is the demand for high purity aluminium in East Asia?
Sales of high purity aluminium in East Asia are estimated at US$ 2.01 billion in 2023.
At what CAGR are the sales of high purity aluminium projected to increase?
High purity aluminium sales in East Asia are predicted to rise at 12.8% CAGR from 2023 to 2033.
What value is the demand for HPA anticipated to reach by 2033?
Demand for high purity aluminium in the region is forecasted to reach a valuation of US$ 6.77 billion by the end of 2033.
What is the forecasted share of South Korea to regional revenue by 2033?
South Korea is predicted to account for more than 15% share of regional revenue by 2033.
What is the projected CAGR for high purity aluminium sales in China?
The HPA market in China is projected to accelerate at a CAGR of 14.4% from 2023 to 2033.
High Purity Aluminium Industry Analysis in East Asia