Press release
Aluminum Hydroxide Market Share, Size, Trends, Opportunities, Analysis and Forecast 2018-2025
In terms of consumption side, this report focuses on the consumption of Aluminum Hydroxide by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.Aluminium hydroxide, Al(OH)3, is found in nature as the mineral gibbsite (also known as hydrargillite) and its three much rarer polymorphs: bayerite, doyleite, and nordstrandite. Aluminium hydroxide is amphoteric in nature, i.e., it has both basic and acidic properties.
Aluminum hydroxide is majorly used as an antacid in the pharmaceutical sector. It primarily aids in reducing acidity, which if left unattended, further alleviates the symptoms of ulcers, or dyspepsia, and heartburn. There has been a significant rise in the demand for such medications due to the enormous growth in the number of general health issues, primarily due to changing lifestyle and food habits. Consequently, increasing the demand for aluminum hydroxide in the manufacturing of antacids, in the pharmaceutical sector.
Asia-Pacific is expected to witness the highest demand for aluminum hydroxide during the forecast period. Most of the demand is expected to arise from developing economies, including China, India, Malaysia, and Indonesia. This is majorly owing to the increase in safety concerns in these countries.The Aluminum Hydroxide market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Aluminum Hydroxide.
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This report includes the following manufacturers; we can also add the other companies as you want.
Chalco
Alcoa
Sumitomo Chemical
Showa Denko
Huber Engineered Materials
NALCO
American Elements
Albemarle
Nabaltec
MAL Hungarian Aluminium
Market Segment by Product Type
Industrial Grade
Pharmaceutical Grade
Others
Market Segment by Application
Chemicals
Pharmaceuticals
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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