Global Aluminum Hydroxide Market

Aluminum Hydroxide Market Size, Share, Growth Analysis, By Grade (Industrial Grade, Pharmaceutical Grade), By Form (Powder, Gel), By Application, By Region - Industry Forecast 2025-2032


Report ID: SQMIG15B2091 | Region: Global | Published Date: December, 2024
Pages: 157 | Tables: 59 | Figures: 75

Aluminum Hydroxide Market Insights

Aluminum Hydroxide Market size was valued at USD 0 Billion in 2023 and is poised to grow from USD 0 Billion in 2024 to USD 0 Billion by 2032, growing at a CAGR of 5% during the forecast period (2025-2032).

Alumina hydrate plays a substantial role as a flame retardant, with an extensive portion of approximately 40% of its production being dedicated to the plastics industry. In the monarchy of plastics, flame-retardant agents are unified inversely depending on the type of plastic. In thermoplastics, these substances are adapted in a molten state during the extrusion process, while in thermosetting plastics, flame-retardant resources are integrated into the polymer assembly through processes such as polycondensation or grafting. This adjustable application of alumina trihydrate emphasizes its importance in attracting the fire resistance of various plastic materials. The increasing occurrence of gastrointestinal ailments and issues related to heartburn is a considerable factor driving market expansion. 

Furthermore, aluminum hydroxide finds effectiveness in water treatment procedures, where it plays a crucial role in eradicating impurities and attractive water quality. The intensifying anxiety regarding water contamination and the demand for safe drinking water are additional drivers fueling market growth. Additionally, in the construction and automotive sectors, aluminum hydroxide serves as a flame retardant for various materials, including plastics and cables. The requirement of stringent safety regulations pertaining to fire resistance within these industries is acting as a catalyst for the market's upward trajectory.

US Aluminum Hydroxide Market is poised to grow at a sustainable CAGR for the next forecast year.

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Global Aluminum Hydroxide Market size was valued at USD 1.9 billion in 2022 and is poised to grow from USD 2.3 billion in 2023 to USD 2.94 billion by 2031, growing at a CAGR of 5% during the forecast period (2024-2031).

Aluminum Hydroxide Market Top Player’s Company Profiles '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. ', 'TOR Minerals International Inc. ', 'Nikola Chemicals ', 'Tosoh ', 'ASK Chemicals ', 'Argos Therapeutics ', 'Thermo Fisher Scientific  ', 'BASF ', 'Showa Denko ', 'Nabaltec'

The pharmaceutical industry is a significant driver of the aluminum hydroxide market. Aluminum hydroxide is used as an active ingredient in antacid formulations and as an adjuvant in vaccines, contributing to the growth of the market. The rising prevalence of gastrointestinal disorders and the increasing demand for vaccines further fuel the market growth.

Rising Application in Pharmaceuticals: The pharmaceutical industry is a significant consumer of aluminum hydroxide. It is used as an active ingredient in antacid formulations and as an adjuvant in vaccines. The increasing prevalence of gastrointestinal disorders and the growing demand for vaccines are driving the demand for pharmaceutical-grade aluminum hydroxide.

Asia Pacific dominated the global aluminum hydroxide market. The Asia Pacific region has a significant share in the market due to the presence of major aluminum hydroxide manufacturers and a robust manufacturing sector. Countries such as China, Japan, and South Korea are key contributors to the regional market growth. The dominant position of Asia Pacific is attributed to the increasing demand for aluminum hydroxide in various industries, including flame retardants, ceramics, and pharmaceuticals. Additionally, the region benefits from lower production costs and a favorable regulatory environment, further supporting market dominance.

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Global Aluminum Hydroxide Market

Report ID: SQMIG15B2091

$5,300
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