Aluminum Hydroxide Market to Hit USD 2.8 billion by 2032, Driven by Rising Demand in Flame Retardants and Antacids

Aluminum Hydroxide Market

The global aluminum hydroxide industry sales are expected to reach a valuation of USD 2.8 Billion, exhibiting a CAGR of 5% over the forecast period 2022 to 2032.

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.

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 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.

To Gain More Insights about this Research, Visit!

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

  1. Magxid Fine Chem
  2. Sumitomo Chemical Co., Ltd.
  3. Albemarle Corporation
  4. Radhaji Pharma Chem
  5. P J Chemicals
  6. Avanschem
  7. Showa Denko
  8. Nabeltec AG
  9. Huber Engineered Materials
  10. Nashtec LLC
  11. MAL Hungarian Aluminium
  12. 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.

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)

Old Source: Aluminum Hydroxide Market – Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand And Forecast 2019-2029

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these