Aluminium Hydroxide Market to Grow with a CAGR of 4.37% through 2030
Growth of the pharmaceutical industry and increasing use in
the chemical industry are factors driving the Global Aluminium Hydroxide Market in the forecast period 2026-2030.
According to
TechSci Research report, “Aluminium Hydroxide Market - Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global
Aluminium Hydroxide Market stood at USD 12.32 Billion in 2024 and is
anticipated to grow with a CAGR of 4.37% through 2030. The rising need for
clean water across industrial and municipal sectors has led to higher
consumption of aluminium hydroxide in water treatment applications. Aluminium
hydroxide is used as a coagulant in water purification, helping remove
impurities and contaminants. Government initiatives and policies aimed at
improving water quality, especially in developing nations, are expected to
drive further growth in this segment.
The
electronics industry is another major driver of the aluminium hydroxide market,
given its use in circuit boards and insulating materials. The global surge in
electronic device production, particularly in Asia-Pacific, has led to higher
demand for flame retardant materials. The increasing focus on developing safer
and more sustainable materials for electronic applications is promoting
aluminium hydroxide's adoption.
Governments and regulatory bodies worldwide are emphasizing the reduction of hazardous materials in industrial applications. Aluminium hydroxide, being a non-toxic and environmentally friendly material, is gaining traction as a preferred alternative to halogenated flame retardants. Stringent environmental regulations, such as the European Union’s REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals) framework, have encouraged industries to shift towards safer alternatives like aluminium hydroxide.
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market data Figures spread through XX Pages and an in-depth TOC on "Global
Aluminium Hydroxide Market”
The Global Aluminium
Hydroxide Market is segmented into grade, end user, regional distribution,
and company.
Based
on end user, construction have emerged as the dominating segment in the
Global Aluminium Hydroxide Market in 2024. the rapid expansion of infrastructure
projects, particularly in emerging economies, has fueled the demand for
aluminium hydroxide-based materials. With urbanization and industrialization
accelerating, governments and private investors are heavily investing in
commercial and residential construction. This has resulted in a higher
consumption of aluminium hydroxide in cement, concrete additives, and coatings
that enhance durability and fire resistance. Furthermore, the growing focus on
sustainable and environmentally friendly construction materials has positioned
aluminium hydroxide as a preferred additive due to its non-toxic and recyclable
properties. Moreover, advancements in building technologies and materials have
led to the incorporation of aluminium hydroxide in high-performance composites
and coatings. These applications improve the longevity and safety of
structures, making them more resilient to environmental factors such as heat
and fire. As the construction industry continues to prioritize safety,
sustainability, and durability, the demand for aluminium hydroxide is expected
to remain strong, solidifying its position as the leading segment in the global
market..
Based on Region,
Asia Pacific have emerged as the fastest growing region in the Global Aluminium
Hydroxide Market in 2024. China, in particular, plays a crucial role as the
world’s leading producer and consumer of aluminium hydroxide. Its robust
chemical and metallurgical industries, coupled with government policies
supporting industrial expansion, have significantly contributed to the region’s
dominance. Additionally, India’s rapid urbanization and growing healthcare
sector have further propelled market growth, as aluminium hydroxide is
extensively used in antacid formulations and other pharmaceutical applications.
The region’s cost-effective production capabilities, abundant raw material
availability, and skilled workforce have also enhanced its competitive edge,
making it a preferred hub for aluminium hydroxide manufacturing.
Major companies
operating in Global Aluminium Hydroxide Market are:
- Almatis
- Alteo
- ALUMINA
- CHEMICALS & CASTABLES
- Aluminum
Corporation of China Ltd (Chalco)
- MAL
- Magyar Aluminum Ltd.
- Sumitomo
Chemical Co. Ltd.
- Huber
Materials.
- Sibelco
NV
- LKAB
Minerals AB
- Donau
Carbon GmbH
- TOR
Minerals International, Inc.
- Hindalco
(Aditya Birla Management Corporation Pvt. Ltd)
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“The global
aluminium hydroxide market is poised for continued growth, driven by increasing
demand across diverse industries, including flame retardants, pharmaceuticals,
water treatment, and electronics. The expansion of these end-use sectors,
combined with regulatory support for safer materials, ensures a positive
outlook for the market. As technological advancements continue, the aluminium
hydroxide market is expected to witness further innovation and adoption in new
applications”, said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“Aluminium Hydroxide Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Grade (Industrial Grade, Pharma Grade), By End User (Construction, Pharmaceuticals, Automotive, Electronics), By Region and Competition 2020-2030F” has evaluated
the future growth potential of Global Aluminium Hydroxide Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Aluminium Hydroxide Market.
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