What new opportunities are there for HPA?
- A major growth area for HPA is in the production of separators for lithium Ion batteries. As these batteries are enlarged in size and capacity with corresponding increase in density to meet the ever-expanding demand for electric vehicles, the benefits of HPA in temperature control and safety are expected to drive demand far beyond current levels
End Product | Current Share | Growth Potential |
LEDs | >50% | high |
Semiconductors | >15% | good |
Lithium Ion batteries | >10% | very high |
Sapphire glass for displays | >10% | high |
Medical components | >10% | good |
Aerospace and other | >10% | good |