Global Aluminum Hydroxide Market 2021-2025
Technavio has been monitoring the aluminum hydroxide market and it is poised to grow by $ 672.37 mn during 2021-2025 progressing at a CAGR of 4% during the forecast period. Our report on aluminum hydroxide market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for antacids and high demand from China and the US. In addition, increasing demand for antacids is anticipated to boost the growth of the market as well.
The aluminum hydroxide market analysis includes application segment and geographical landscapes.
Technavio's aluminum hydroxide market is segmented as below:
By Application
- Chemical
- Flame retardant
- Filler
- Antacid
- Others
By Geographical Landscapes
- APAC
- North America
- Europe
- South America
- MEA
This study identifies increased demand from the flame retardants industry as one of the prime reasons driving the aluminum hydroxide market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on aluminum hydroxide market covers the following areas:
- Aluminum hydroxide market sizing
- Aluminum hydroxide market forecast
- Aluminum hydroxide market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aluminum hydroxide market vendors that include Alcoa Corp., Almatis BV, Aluminum Crop. of China Ltd., American Elements, Hindalco Industries Ltd., Kaiser Aluminum Corp., Nabaltec AG , Nippon Light Metal Holdings Co. Ltd., SHOWA DENKO K.K., and Sumitomo Chemical Co. Ltd.. Also, the aluminum hydroxide market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth."