High Purity Base Metals Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Copper, Aluminum, Lead, Zinc); Application (Building and Construction, Industrial Machinery and Equipment, Consumer and General Products, Electrical and Electronics, Transportation, Others) and Geography
Report Code: TIPRE00016534
| No. of Pages: 150
| Category: Chemicals and Materials
| Status: Upcoming
The different types of high purity base metals include copper, aluminum, lead, and zinc. The high purity base metals hold numerous applications in building & construction, industrial machinery & equipment, consumer & general products, electrical & electronics, transportation, and others. The purity levels of base metals are available in different grades, such as 99.99%. Metals have to undergo several processing steps to achieve this level of purity. E.g., a high purity aluminum is obtained through three-layer electrolysis or combining fractional distillation and three-layer electrolysis. In the electrolysis, aluminum ions are reduced in an electrolytic cell containing three separate liquid layers. In the distillation, aluminum is refined by taking leverage of solubility differences.
The rising demand for high purity base metals from the industries such as consumer goods, transportation, electronics, and construction, is the critical driver for the high purity base metals market growth. Transportation is the largest end-user of the high purity base metal market, which consumes high purity base metals in various applications. The increasing demand for electric vehicles is predicted to prove beneficial for base metals demand during the forecast period. Copper usage in electric vehicles is more than double its use in gasoline-powered cars. However, The COVID-19 pandemic has severely impacted the production and supply of base metals, which is expected to negatively influence market growth.
The "Global High Purity Base Metals Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the high purity base metals market with detailed market segmentation by type and application. The global high purity base metals market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading high purity base metals market players and offers key trends and opportunities in the market.
The global high purity base metals market is segmented into type and application. By type, the high purity base metals market is classified into Copper, Aluminum, Lead, Zinc.By application, the high purity base metals market is classified into Building & Construction, Industrial Machinery & Equipment, Consumer & General Products, Electrical & Electronics, Transportation, Others.
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global high purity base metals market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The high purity base metals market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the high purity base metals market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the high purity base metals market in these regions.
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The report covers vital developments in the high purity base metals market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the high purity base metals market are anticipated to lucrative growth opportunities in the future with the rising demand for high purity base metals in the global market. Below mentioned is the list of few companies engaged in the high purity base metals market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the high purity base metals market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
Aluminum Corporation of China Limited (CHALCO)
KGHM Polska Mied- S.A
Norsk Hydro ASA
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
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The List of Companies
1. Aluminum Corporation of China Limited (CHALCO)
2. Boliden Group
4. Hindalco Industries
5. KGHM Polska Mied- S.A
6. Norsk Hydro ASA
8. Rio Tinto
10. Sumitomo Chemical