Aluminum Hydroxide Market Size, Share, Growth & Forecast 2023-2028

Global Aluminum Hydroxide Market Overview 2023-2028

Aluminum hydroxide, an inorganic compound, is abundant in nature and is one of the prevalent forms of aluminum. This white, odorless, and amorphous powder does not dissolve in water. It is manufactured through different methods, such as the reaction between aluminum sulfate and sodium hydroxide or precipitation from solutions containing aluminum. Among its applications, it serves as a remedy for heartburn, acid indigestion, and upset stomach in both humans and animals by effectively neutralizing excess stomach acid. Additionally, it finds use as a flame retardant in the production of plastics and rubber.

The global aluminum hydroxide market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.

Global Aluminum Hydroxide Market Trends and Drivers:

Aluminum hydroxide is employed in the pharmaceutical industry as an important component in antacids and over-the-counter medications to treat heartburn, acid indigestion, and upset stomach. Along with this, the surging prevalence of irritable bowel syndrome (IBS), gastroesophageal reflux disease (GERD), peptic ulcers, and esophagitis among the masses represent one of the primary factors fueling the market growth around the world. Moreover, the rising use of aluminum hydroxide in adhesives and sealants to enhance their fire-resistant properties is bolstering the market growth. Besides this, the increasing use of aluminum hydroxide in numerous industry verticals due to its numerous advantages, such as cost-effectiveness, lightweight, durability, and water solubility, is influencing the market positively.

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Global Aluminum Hydroxide Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: 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 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

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • 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.

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