Press Releases

May 29, 2025

High Purity Alumina (HPA) Market Valuation at 18.2 billion by 2032

The global high purity alumina (HPA) market, valued at USD 5.5 billion in 2025, is projected to surge to USD 18.2 billion by 2032, growing at a robust CAGR of 16.4%, driven by soaring demand for LEDs and electric vehicle (EV) batteries. The 4N HPA segment, holding a 48.5% market share in 2024, dominates due to its widespread use in LED lighting and lithium-ion battery separators. Asia Pacific leads with a 73.5% market share through 2032, fueled by robust LED production in China and Japan.

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May 29, 2025

Bicycle Market to Achieve USD 171.5 Billion Valuation by 2032

The global bicycle market is pedaling toward unprecedented growth, projected to reach USD 171.5 billion with a CAGR of 4.8% by 2032. It is widely driven by the rising health consciousness, eco-friendly transportation trends, and urban mobility needs. Moreover, rise in the number of cyclists and fitness enthusiasts all over the world have a huge demand for bicycles.

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