One of the major applications of high-purity alumina (HPA) is in the production of synthetic sapphire, which is used as a substrate in LED preparation. Production of synthetic sapphire starts with a seed sapphire crystal, a mixture of high purity alumina and un-crystallized sapphire material (crackle), which are heated in a crucible. Currently, sapphire is the most preferred substrate in the LED manufacturing, as it much cheaper than other substrates, such as Silicon Carbide, and Gallium Nitride. Currently, more than 50% of the global HPA production is used in LED manufacturing. However, the increasing demand for LED lighting is expected to further drive the market studied, during the forecast period. LED bulbs offer around 85% more electricity saving in comparison to conventional bulb. It also has an average life span of around 50,000 operating hours, which is 2- 4 times as long as most fluorescent, metal halide, and even sodium vapor lights, and 40 times as long as an average incandescent bulb.

1. INTRODUCTION

2. RESEARCH METHODOLOGY 

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

5. MARKET SEGMENTATION

6. COMPETITIVE LANDSCAPE

7. MARKET OPPORTUNITIES AND FUTURE TRENDS