Press release
Aluminum Hydroxide Market will rise due to growing demand for aluminum hydroxide from the aluminum industry | Magxid Fine Chem, Sumitomo Chemical Co., Ltd., Albemarle Corporation.
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Aluminum hydroxide is a white powder that is insoluble in water. It is used as an antacid to relieve heartburn, indigestion, and stomach upset. It is also used as a phosphate binder to treat high blood levels of phosphate in people with kidney failure.
Key Trends
The key trends in aluminum hydroxide technology are the development of new production processes and the use of new materials.
The new production processes are designed to improve the quality of aluminum hydroxide and reduce the cost of production. The use of new materials allows for the production of aluminum hydroxide with improved properties.
One of the new production processes is the use of hydrothermal synthesis. This process is used to produce aluminum hydroxide with higher purity and a lower cost.
The use of new materials allows for the production of aluminum hydroxide with improved properties. One of the new materials that is being used is nanocrystalline aluminum hydroxide. This material has a higher surface area and a higher purity than traditional aluminum hydroxide.
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Key Drivers
The major drivers for this market are the growing demand for aluminum hydroxide from the aluminum industry and the growing demand for aluminum hydroxide from the paper industry.
The aluminum industry is the major consumer of aluminum hydroxide. Aluminum hydroxide is used as a flux in the aluminum industry. It helps in the removal of impurities from the aluminum melt and also acts as a nucleating agent. Aluminum hydroxide is also used in the production of aluminum alloys. The growing demand for aluminum from the automotive and aerospace industries is expected to drive the demand for aluminum hydroxide during the forecast period.
The paper industry is the second-largest consumer of aluminum hydroxide. Aluminum hydroxide is used as a filler and extender in the paper industry. It helps in improving the opacity and brightness of the paper. Aluminum hydroxide is also used as a paper coating agent. The growing demand for paper from the packaging industry is expected to drive the demand for aluminum hydroxide during the forecast period.
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Market Segments
The Aluminum Hydroxide Market is segmented on the basis of application, type, and region. The application segment is further bifurcated into plastics, pharmaceuticals, coatings and adhesives, sealants & elastomers. Based on form, the market is classified into powder and gel. By grade, the market is classified into industrial and pharmaceutical grade. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Aluminum Hydroxide Market report includes players such as Magxid Fine Chem, Sumitomo Chemical Co., Ltd., Albemarle Corporation, Radhaji Pharma Chem, P J Chemicals, Avanschem, Showa Denko, Nabeltec AG, Huber Engineered Materials, and Nashtec LLC
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