Aluminum Hydroxide Market by Application and Geography - Forecast and Analysis 2021-2025

The aluminum hydroxide market size has the potential to grow by USD 672.37 million during 2020-2025, and the market’s growth momentum will accelerate at a CAGR of 4%. 

This report provides a detailed analysis of the market by application (chemical, flame retardant, filler, antacid, and others), geography (APAC, North America, Europe, South America, and MEA), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

• Alcoa Corp.
• Almatis BV
• Aluminum Crop. of China Ltd.
• American Elements
• Hindalco Industries Ltd.
• Kaiser Aluminum Corp.
• Nabaltec AG 
• Nippon Light Metal Holdings Co. Ltd.
• SHOWA DENKO K.K.
• Sumitomo Chemical Co. Ltd.

 

The aluminum hydroxide market is fragmented and the vendors are deploying growth strategies such as M&A to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as increasing demand for antacids to achieve growth opportunities. However, factors such as increasing prices of aluminum hydroxide will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the aluminum hydroxide market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This aluminum hydroxide market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Aluminum Hydroxide Market: Key Drivers and Trends

The increasing demand for antacids is one of the key factors expected to fuel the aluminum hydroxide market growth in the forthcoming years.  Antacids are increasingly being used to treat chronic conditions, including GERD. GERD is often caused by the backflow of stomach contents including gastric acid into the esophagus.  The use of antacids, including aluminum hydroxide gel powder, offers quick relief from heartburn caused by gastroesophageal reflux disease and indigestion, in turn, increasing its demand in pharmaceutical preparation. As it is a highly neutralizing insoluble antacid with anti-proteolytic properties, aluminum hydroxide is used as an adjuvant in adsorbed vaccines. Using aluminum hydroxide increases the potency of vaccines and reduces the incidence of undesirable reactions by delaying the release of antigens.  The above-mentioned factors are likely to drive the aluminum hydroxide market growth.

The increased demand from the flame retardants industry is one of the key aluminum hydroxide market trends, which will drive the market growth during the forecast period. Aluminum hydroxide is extensively used for manufacturing flame retardants for several applications in end-use industries, such as building and construction, electronics, and plastics and polymers.  Aluminum hydroxide polyester resin provides equivalent fire retardancy at lower costs and produces considerably less smoke when exposed to combustible environments. The excellent flame retardancy of aluminum hydroxide is based on its endothermic decomposition into aluminum oxide and water, and only non-toxic and non-corrosive decomposition product is formed during these processes. The demand for aluminum hydrogen flame retardants is expected to accelerate at a steady rate during the forecast period.

 

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Aluminum Hydroxide Market: Segmentation by Geography

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51% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for aluminum hydroxide in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing use of antacids in the emerging end-user industries across all the developing economies is one of the prime factors that will facilitate the aluminum hydroxide market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Aluminum Hydroxide Market: Segmentation by Application

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The chemical segment is likely to retain its dominant position throughout the forecast period. In the chemical industry, aluminum hydroxide is used as an intermediate in the synthesis of several organic compounds and water treatment chemicals, including barium aluminate, aluminum chloride, sodium aluminate, and aluminum sulfate. However, the market segment will record a slow growth rate during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the aluminum hydroxide market size. Fetch actionable market insights on post COVID-19 impact on each segment.   

 

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Aluminum Hydroxide Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 4%
Market growth 2021-2025	$ 672.37 million
Market structure	Fragmented
YoY growth (%)	3.01
Regional analysis	APAC, North America, Europe, South America, and MEA
Performing market contribution	APAC at 51%
Key consumer countries	US, China, Japan, Germany, and India
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Alcoa Corp., Almatis BV, Aluminum Crop. of China Ltd., American Elements, Hindalco Industries Ltd., Kaiser Aluminum Corp., Nabaltec AG , Nippon Light Metal Holdings Co. Ltd., SHOWA DENKO K.K., and Sumitomo Chemical Co. Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Aluminum Hydroxide Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive aluminum hydroxide market growth during the next five years
• Precise estimation of the aluminum hydroxide market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the aluminum hydroxide industry across APAC, North America, Europe, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of aluminum hydroxide market vendors

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