Aluminum Hydroxide Market Size, Latest Trends, Regional Insights Dynamics By 2032
The market for aluminium hydroxide is anticipated to grow at a CAGR of 5% from 2022 to 2032, reaching a valuation of US$ 2.8 billion. Aluminum hydroxide market sales totaled US$ 1.5 billion in 2022.
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 component in aluminum ore i.e. bauxite. The freshly precipitated aluminum hydroxide is present in the form of gel.
Aluminum hydroxide is an important part of the aluminum hydroxide market. Aluminum hydroxide is used as a flocculent in water purification process. Aluminum hydroxide is also finding its application as an adsorbent or desiccant in gas purification process. In 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 ****ants.
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 Aluminum and Hindalco Chemicals among others.
The Aluminum Hydroxide pigment market research report presents a comprehensive ****essment 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 ****umptions and methodologies. The Aluminum Hydroxide pigment market research report provides ****ysis 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
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 ****ants are being used.
Increasing consumption of plastics & polymers is uprising the demand for fire ****ants, which is a prime factor driving the growth of aluminum hydroxide market. Increasing water pollution and increased environmental concern has elevated the need for waste water treatment, owing to which there rise in the demand for aluminum hydroxide.
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