Aluminum Hydroxide Market 2022-2027, Size, Share, Industry Growth and Forecast

IMARC Group’s latest research report, titled “Aluminum Hydroxide Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

 

The global aluminum hydroxide market reached a value of US$ 1.78 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.46 Billion by 2027, exhibiting a CAGR of 5.20% during 2022-2027.

 

Aluminum hydroxide, or trihydrate aluminum, represents an insoluble, white-colored inorganic amphoteric compound found naturally in the form of mineral gibbsite. It acts as an intermediary in the manufacturing of various aluminum-based compounds, such as zeolites, aluminum oxide, magnesium hydroxide, etc. Aluminum hydroxide is light in weight and fire-resistant in nature, on account of which it is extensively utilized for producing drugs, plastics, elastomers, sealants, adhesives, etc. Apart from this, it has a neutral pH level, making it an ideal component for formulating several cosmetic products.

 

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Important Attribute and highlights of the Report:

• Detailed analysis of the global market share
• Market Segmentation by grade, form, application and region.
• Historical, current, and projected size of the market in terms of volume and value
• Latest industry trends and developments
• Competitive Landscape for Aluminum Hydroxide Market
• Strategies of major players and product offerings

 

The widespread product adoption across the manufacturing, chemical, automotive, electronics, transportation, and pharmaceutical sectors is primarily driving the aluminum hydroxide market. Apart from this, the inflating need for fire-retardant plastics and polymers as coatings and fillers is further catalyzing the market growth. Moreover, the escalating incidences of various chronic diseases, especially among the geriatric population, are also positively influencing the global market. In line with this, aluminum hydroxide is extensively used in medications to treat ailments, such as heartburn and gastroesophageal reflux, which is acting as another significant growth-inducing factor. Furthermore, the shifting inclination in the electronics sector towards halogenic materials for insulation purposes is anticipated to fuel the aluminum hydroxide market over the forecasted period.

Aluminum Hydroxide Market Report Scope
Report Coverage	Details
Market size value in 2021	US$ 1.78 Billion
Market forecast in 2027	US$ 2.46 Million
Growth Rate	CAGR of 5.20% from 2022 to 2027
Base year for estimation	2021
Historical data	2016-2021
Forecast period	2022-2027

 

Key Players Included in Global Research Report:

• Akrochem Corporation
• Albemarle Corporation
• American Elements
• Bisley & Company Pty Ltd.
• Hindalco Industries Limited (Aditya Birla Group)
• M. Huber Corporation
• Nabaltec AG
• Nippon Light Metal Holdings Co. Ltd.
• Showa Denko K. K.
• Sibelco
• Sumitomo Chemical Co. Ltd.
• TOR Minerals International Inc

 

Do you know more information, Contact to our analyst at- https://www.imarcgroup.com/aluminum-hydroxide-market

 

COVID-19 Impact Overview:

 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

 

Market Segmentation:

 

Breakup by Grade:

• Industrial Grade
• Pharmaceutical Grade

 

Breakup by Form:

• Powder
• Gel

 

Breakup by Application:

• Plastics
• Pharmaceuticals
• Coatings
• Adhesives, Sealants and Elastomers
• Others

 

Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

 

TOC for the Aluminum Hydroxide Market Research Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Aluminum Hydroxide Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

 

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

 

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

 

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