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    Home » Aluminum Hydroxide Market Size 2022-27, Share, Industry Growth, Current Trends and Forecast 2022-27
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    Aluminum Hydroxide Market Size 2022-27, Share, Industry Growth, Current Trends and Forecast 2022-27

    georgepoter61By georgepoter61May 30, 2022No Comments4 Mins Read
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    Aluminum Hydroxide Market
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    The global aluminum hydroxide market size reached 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.

    Report Metric
    Historical: 2016-2021
    Base Year: 2021
    Forecast Year: 2022-2027

    Aluminum Hydroxide Market Trends and Drivers:

    The widespread product adoption across the manufacturing, chemical, automotive, electronics, transportation, and pharmaceutical sectors is primarily driving the aluminum hydroxide market.

    Request Free Sample Report: https://www.imarcgroup.com/aluminum-hydroxide-market/requestsample

    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.

    Note: 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.

    Global Aluminum Hydroxide Market 2022-2027 Analysis and Segmentation:

    Competitive Landscape:

    The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

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

    The report has segmented the market on the basis of region, grade, form and application.

    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

    Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/aluminum-hydroxide-market

    If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

    Key highlights of the report:

    • Market Performance (2016-2021)
    • Market Outlook (2022- 2027)
    • Porter’s Five Forces Analysis
    • Market Drivers and Success Factors
    • SWOT Analysis
    • Value Chain
    • Comprehensive Mapping of the Competitive Landscape

    If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

    About Us:

    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.

    Contact Us:

    IMARC Services Private Limited.
    30 N Gould St Ste R
    Sheridan, WY 82801 USA – Wyoming
    Email: Sales@imarcgroup.com
    Tel No:(D) +91 120 433 0800
    Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

    Continue Reading: Home – Techno Postings

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