The global aluminum hydroxide market is expected to reach a valuation of US$ 2.8 Billion, exhibiting a CAGR of 5% over the forecast period 2022 to 2032.
Aluminum hydroxide is an inorganic basic compound which is amphoteric in nature. Aluminum hydroxide is found in nature in the form mineral gibbsite. Generally, aluminum hydroxide is white colored powder in nature. Aluminum hydroxide is also known under the name of hydrate of alumina or aluminum trihydrate. Aluminum hydroxide is one of the important components in aluminum ore i.e. bauxite. The freshly precipitated aluminum hydroxide is present in the form of a gel. Commercially aluminum hydroxide is produced by Bayer’s process in which bauxite is dissolved into sodium hydroxide and the temperature is maintained upto270?C. Aluminum hydroxide is used as a raw material for the production of various aluminum-based compounds such as aluminum chlorides, zeolites, aluminum oxide, etc.
Aluminum hydroxide is an important part of the aluminum hydroxide market. Aluminum hydroxide is used as a flocculant in water purification process. Aluminum hydroxide is also finding its application as an adsorbent or desiccant in the gas purification process. In the pharmaceutical industry, aluminum hydroxide is used in the formulation of antacids due to its basic properties. Aluminum hydroxide is also used as filler material for fire retardants.
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Aluminum Hydroxide Market: Dynamics
Polymers and plastics play a crucial role in this swiftly advancing modern industrial world, to increase the durability and enhance the properties of the plastics & polymers various additives such as flame retardants are being used. The increasing consumption of plastics & polymers is increasing the demand for fire retardants, which is a prime factor driving the growth of the aluminum hydroxide market. Increasing water pollution and increased environmental concern have elevated the need for wastewater treatment, owing to which there rise in the demand for aluminum hydroxide.
Up surged consumption of cosmetics and personal care products is positively influencing the aluminum hydroxide market. The swift growth of the chemicals and paper & printing ink industry has a positive impact on the aluminum hydroxide market. Rising population & increased urbanization have led to the growth of the textile industry which in turn has resulted in the growth of the aluminum hydroxide market. Adaptation to a hard and fast lifestyle has resulted in an increase in problems such as acidity. Due to this, antacids are one of the popular medicines amongst consumers, rising uptake of antacids is fueling the demand for aluminum hydroxide.
Aluminum Hydroxide Market: Regional Outlook
Chemicals and pharmaceutical industries are flourishing in the regions of Asia Pacific. Also, the rising population in Asia Pacific has triggered a rise in consumption of cosmetics & personal care products. Asia Pacific is also estimated to witness growth in industries such as textiles, paper & printing inks, etc. Owing to the aforementioned factors Asia Pacific can be considered a prominent market for aluminum hydroxide. There is a significant presence of the chemical and pharmaceuticals industry in regions such as North America and Europe, besides it rising adoption of polymers & plastics and surging demand for fire retardants to meet up quality requirements & to enhance the durability of polymers is expected to drive the growth of aluminum hydroxide market in these regions.
Aluminum Hydroxide Market: Key Participants
Examples of some of the market participants operating in the global aluminum hydroxide market are
- Magxid Fine Chem
- Sumitomo Chemical Co., Ltd.
- Albemarle Corporation
- Radhaji Pharma Chem
- P J Chemicals
- Avanschem
- Showa Denko
- Nabeltec AG
- Huber Engineered Materials
- Nashtec LLC
- MAL Hungarian Aluminium
- Hindalco Chemicals
The Aluminum Hydroxide pigment market research report presents a comprehensive assessment of the Aluminum Hydroxide pigment market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Aluminum Hydroxide pigment market research report provides analysis and information according to Aluminum Hydroxide pigment market segments such as geographies, application and industry.
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Key Segments Profiled in the Aluminum Hydroxide Market Survey
By Grade:
- Pharmaceutical grade
- Industrial grade
By Form:
- Powder
- Gel
By Application:
- Flocculants
- Adsorbent
- Desiccant
- Filler
- Catalyst
- Antacid formulations
By End User:
- Wastewater Treatment
- Plastics & Polymers
- Pharmaceuticals
- Chemicals
- Cosmetics & Personal Care
- Textiles
- Paper & Printing Inks
By Region:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
- Eastern Europe (Russia, Poland, CIS)
- Asia-Pacific (China, India, ASEAN, South Korea)
- Japan
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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