PUBLISHER: IMARC | PRODUCT CODE: 1298742
PUBLISHER: IMARC | PRODUCT CODE: 1298742
Aluminum Hydroxide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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.
Aluminum hydroxide Al (OH)3, or trihydrate aluminum, refers to an insoluble white-colored inorganic amphoteric compound that is found naturally in the form of mineral gibbsite. It acts as an intermediate for manufacturing various aluminum-based compounds, including zeolites, aluminum oxide, and magnesium hydroxide. Aluminum hydroxide is lightweight and fire-resistant in nature, on account of which it is extensively deployed for producing drugs, plastics, elastomers, sealants, and adhesives. Apart from this, it possesses a neutral pH level, which makes it an ideal component for formulating various cosmetic products. At present, aluminum hydroxide is available in powdered and gel forms.
Aluminum Hydroxide Market Trends:
The widespread adoption of aluminum hydroxide across various industrial verticals, such as manufacturing, chemical, automotive, electronics, transportation, and pharmaceuticals, on account of the increasing need for fire retardants plastics and polymers as coatings and fillers to inhibit combustion is one of the prime factors currently driving the market toward growth. Aluminum hydroxide further offers various benefits, including cost-effectiveness, lightweight, durability, and water solubility, which is further facilitating their demand across the globe. Additionally, the escalating prevalence of various chronic diseases, especially amongst the geriatric population, is acting as another growth-inducing factor. In line with this, aluminum hydroxide is extensively used in medications to treat ailments, such as heartburn and gastroesophageal reflux, which is contributing to the market growth. In line with this, the shifting inclination of the electronic industry toward halogens materials for insulating it in housings for circuit breakers, motors, and transforms over non-halogenated components due to their fire-resistant properties is contributing to the market growth. Other factors, such as strategic collaborations amongst the key players and the rising investments in the research and development (R&D) activities, are creating a positive outlook for the market across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global aluminum hydroxide market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Key Questions Answered in This Report
1. What was the size of the global aluminum hydroxide market in 2022?
2. What is the expected growth rate of the global aluminum hydroxide market during 2023-2028?
3. What has been the impact of COVID-19 on the global aluminum hydroxide market?
4. What are the key factors driving the global aluminum hydroxide market?
5. What is the breakup of the global aluminum hydroxide market based on the grade?
6. What is the breakup of the global aluminum hydroxide market based on the form?
7. What is the breakup of the global aluminum hydroxide market based on the application?
8. What are the key regions in the global aluminum hydroxide market?
9. Who are the key players/companies in the global aluminum hydroxide market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Aluminum Hydroxide Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Grade
- 6.1 Industrial Grade
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Pharmaceutical Grade
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Form
- 7.1 Powder
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Gel
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Plastics
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Pharmaceuticals
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Coatings
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Adhesives, Sealants and Elastomers
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Akrochem Corporation
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Albemarle Corporation
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 American Elements
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Bisley & Company Pty Ltd.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Hindalco Industries Limited (Aditya Birla Group)
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6 J.M. Huber Corporation
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 SWOT Analysis
- 14.3.7 Nabaltec AG
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 Nippon Light Metal Holdings Co. Ltd.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Showa Denko K. K.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Sibelco
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Sumitomo Chemical Co. Ltd.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 TOR Minerals International Inc.
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.1 Akrochem Corporation
List of Figures
- Figure 1: Global: Aluminum Hydroxide Market: Major Drivers and Challenges
- Figure 2: Global: Aluminum Hydroxide Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Aluminum Hydroxide Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Aluminum Hydroxide Market: Breakup by Grade (in %), 2022
- Figure 5: Global: Aluminum Hydroxide Market: Breakup by Form (in %), 2022
- Figure 6: Global: Aluminum Hydroxide Market: Breakup by Application (in %), 2022
- Figure 7: Global: Aluminum Hydroxide Market: Breakup by Region (in %), 2022
- Figure 8: Global: Aluminum Hydroxide (Industrial Grade) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Aluminum Hydroxide (Industrial Grade) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Aluminum Hydroxide (Pharmaceutical Grade) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Aluminum Hydroxide (Pharmaceutical Grade) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Aluminum Hydroxide (Powder) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Aluminum Hydroxide (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Aluminum Hydroxide (Gel) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Aluminum Hydroxide (Gel) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Aluminum Hydroxide (Plastics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Aluminum Hydroxide (Plastics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Aluminum Hydroxide (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Aluminum Hydroxide (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Aluminum Hydroxide (Coatings) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Aluminum Hydroxide (Coatings) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Aluminum Hydroxide (Adhesives, Sealants and Elastomers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Aluminum Hydroxide (Adhesives, Sealants and Elastomers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Aluminum Hydroxide (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Aluminum Hydroxide (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: North America: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: North America: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: United States: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: United States: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Canada: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Canada: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Asia-Pacific: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Asia-Pacific: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: China: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: China: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Japan: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Japan: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: India: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: India: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: South Korea: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: South Korea: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Australia: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Australia: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Indonesia: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Indonesia: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Others: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Others: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Europe: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Europe: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Germany: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Germany: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: France: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: France: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: United Kingdom: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: United Kingdom: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Italy: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Italy: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Spain: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Spain: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Russia: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Russia: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Others: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Others: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Latin America: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Latin America: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Brazil: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Brazil: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Mexico: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Mexico: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Others: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Others: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Middle East and Africa: Aluminum Hydroxide Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Middle East and Africa: Aluminum Hydroxide Market: Breakup by Country (in %), 2022
- Figure 74: Middle East and Africa: Aluminum Hydroxide Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Global: Aluminum Hydroxide Industry: SWOT Analysis
- Figure 76: Global: Aluminum Hydroxide Industry: Value Chain Analysis
- Figure 77: Global: Aluminum Hydroxide Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Aluminum Hydroxide Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Aluminum Hydroxide Market Forecast: Breakup by Grade (in Million US$), 2023-2028
- Table 3: Global: Aluminum Hydroxide Market Forecast: Breakup by Form (in Million US$), 2023-2028
- Table 4: Global: Aluminum Hydroxide Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Aluminum Hydroxide Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Aluminum Hydroxide Market: Competitive Structure
- Table 7: Global: Aluminum Hydroxide Market: Key Players
