Press release
Aluminum Hydroxide Market Size, Share, Trends, Demand, Segments, Leading Companies and Forecast till 2031 / Smiths Detection Group Ltd., L3Harris Technologies, Nuctech Company Ltd., Ketech Defence Ltd., Point Security, Inc.
The shifting inclination of the electronic industry toward halogens materials for insulating it in housings for circuit breakers, motors, and transforms over non-halogenated components owing to its fire-resistant properties. Thus, the growing electronic industry is contributing significantly to aluminum hydroxide market growth. Electric vehicle (EVs) sales increased in every region as production increased over the past few years. According to the World Economic Forum (WEF), in 2022, global sales of electric cars increased by around 60%, surpassing 10 million for the first time. In 2022, 10.6 million EVs were sold compared to 1.21 million in 2017. Whereas, internal combustion engines cars sales decreased over the past year. According to the WEF, in 2022, 85.09 million internal combustion engines cars were sold compared to 63.2 million in 2017.
Furthermore, in the pharmaceutical industry, aluminum hydroxide incorporated into various drug formulations, including chewable tablets, suspensions, and oral liquids, to improve patient compliance and ease of administration. In addition, aluminum hydroxide used in various immunologic preparations to improve immunogenicity, and also used in vaccine binds to the protein conjugate, resulting in improved antigen processing by the immune system.
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Market Coverage
The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Type
By End-User Industry
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Smiths Detection Group Ltd., L3Harris Technologies, Nuctech Company Ltd., Ketech Defence Ltd., Point Security, Inc., and others.
Aluminum Hydroxide Market Report Segment
By Type
Industrial Grade
Pharmaceutical Grade
Others
By End-User Industry
Plastics
Pharmaceuticals
Coatings, Adhesives, Sealants and Elastomers
Others
A full Report of Aluminum Hydroxide Market is Available @ https://www.omrglobal.com/industry-reports/aluminum-hydroxide-market
Aluminum Hydroxide Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Almatis B.V.
Alteo Holding
ALUMINA - CHEMICALS & CASTABLES
AlCircle Pte Ltd (AlCircle),
SCR-Sibelco NV,
Sumitomo Chemical Co. Ltd
Hindalco (Aditya Birla Management Corp. Pvt. Ltd)
Akrochem Corp.
Huber Corp.
Sumitomo Chemical Co., Ltd.
Albemarle Corp.
Nashtec LLC
Resonac Group Companies
Avanschem
Radhaji Pharma Chem
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
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