Boehmite Market Will Reach Nearly USD 719.41 Million By 2030 : Reports and Data

The global boehmite market size is expected to reach USD 719.41 million in 2030 at a CAGR of 16.20%, according to the latest report by Reports and Data. Increasing application of boehmite as a lithium ion battery separator, as a carrier material for catalytic converters, and in cement and glass production is a key factor expected to contribute to market revenue growth over the forecast period. In addition, growing demand for cement due to increasing construction activities globally is also expected to further contribute to revenue growth going ahead.

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Market Scenario:

The materials and chemicals sector has significantly grown over the recent years and is expected to register robust revenue CAGR over the forecast period. The materials and chemicals sector comprises daily wear products such as detergents, perfumes, soaps, and other raw materials and chemicals used in the manufacturing of other products. There has been a significant increase in the demand for raw materials and chemicals across various industrial sectors such as healthcare and pharmaceuticals, automotive, agriculture, manufacturing, paint, and food and beverages among others. Factors such as increasing awareness about green energy and excess carbon emission, changing consumer preference, growing adoption of biodegradable, sustainable and eco-friendly products, and rapidly expanding industries and building and construction sector are expected to boost global market revenue growth going ahead.

Major Companies:

• Sasol
• Nabaltec AG
• Chalco Shandong Advanced Material Co Ltd.
• TOR Minerals
• Silkem d.o.o.
• DEQUENNE ERIC

Competitive Landscape:

The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.

Key questions addressed in the report:

• What is the expected market size of the global Boehmite market during the forecast period?

• What CAGR is the global market expected to register during the forecast period?

• Which key factors are expected to boost global market growth between 2021 and 2028?

• What are the key restraints that are expected to hamper global market growth?

• Which regional market is expected to register robust CAGR during the forecast period?

• Which key players are operating the global Boehmite market?

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Boehmite Market Segmentation:

Type Outlook:
• 0 < D50 < 5um
• 5um < D50 < 15um
• 15um < D50 < 30um
• D50 > 30um

Application Outlook:
• Li-Ion Batteries
• Electronic Ceramics
• Flame Retardants
• Plastics
• Paints & Coatings
• Others

Regional Outlook:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o Italy
o France
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Rest of LATAM
• Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA

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