openPR Logo
Press release

Aluminum Hydroxide Market Will Exhibit an Impressive Expansion by 2024-2031 | Smiths Detection Group Ltd., L3Harris Technologies, Nuctech Company Ltd.

04-02-2024 10:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Aluminum Hydroxide Market Will Exhibit an Impressive Expansion

The global aluminum hydroxide market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2024-2031). The market growth is attributed to the increasing adoption of aluminum hydroxide across various industrial verticals, such as pharmaceuticals, chemical, manufacturing, automotive, electronics, and transportation, owing to the increasing demand for fire retardants in plastics and polymers as coatings and fillers to inhibit combustion.

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.

To Request a Sample of our Report on Aluminum Hydroxide Market: https://www.omrglobal.com/request-sample/aluminum-hydroxide-market

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 -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/aluminum-hydroxide-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aluminum Hydroxide Market Will Exhibit an Impressive Expansion by 2024-2031 | Smiths Detection Group Ltd., L3Harris Technologies, Nuctech Company Ltd. here

News-ID: 3448940 • Views:

More Releases from Orion Market Research

Wearable AI Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
Wearable AI Market Size, Trends, Latest Insights, Analysis and Forecast 2024-203 …
The global wearable AI market is anticipated to grow at a CAGR of 29.8% during the forecast period. Fitness trackers, demonstrated by brands like Fitbit, employ AI to monitor and analyze physical activity, heart rate, and sleep patterns. They also provide personalized fitness recommendations. These wearable devices can even detect potential health issues and send alerts to users or healthcare professionals. Additionally, smartwatches with AI integration offer voice-activated assistance, answer
Quantum Computing Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
Quantum Computing Market Size, Trends, Latest Insights, Analysis and Forecast 20 …
Global quantum computing market is anticipated to grow at a considerable CAGR of 30.6% during the forecast period. Governments and companies around the world are investing heavily in quantum computing research and development. This is helping to accelerate the development of quantum computers and related technologies. Quantum computers are expected to be much faster than traditional computers for certain types of tasks. This could lead to breakthroughs in fields such
Military Cloud Computing Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
Military Cloud Computing Market Size, Trends, Latest Insights, Analysis and Fore …
The global military cloud computing market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. Governments around the world are promoting the adoption of cloud computing in the military sector for several reasons, some of which are described next. Cloud computing can help military organizations reduce their IT costs by eliminating the need to invest in and maintain their data centers. This can free up
Generative AI Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
Generative AI Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2 …
Global generative AI market is anticipated to grow at a considerable CAGR of 48.5% during the forecast period. Generative AI algorithms need large datasets of training data to learn. The increasing availability of data from the internet, social media, and other sources is making it possible to train more powerful and sophisticated generative AI algorithms. The increasing availability of data is making it easier to develop and deploy generative AI

All 5 Releases


More Releases for Aluminum

Yocon Aluminum Supplies Aluminum Foil Coils for Major Appliances
Yocon Aluminum, a leading manufacturer and supplier of aluminum foil coils, has announced that they are now supplying major appliance manufacturers with their high-quality aluminum foil coils. With over forty years of experience in the industry, Yocon Aluminum is known for their dedication to quality and customer satisfaction. Their products are used in a variety of applications, including air conditioners, refrigerators, and freezers. When it comes to choosing a supplier
Aluminum Market 2022 Update by key industry players: Alcoa Corp., Aluminum Corp. …
According to Precision Business Insights (PBI) latest report the global aluminum market is expected to be worth USD 124.8 Bn in 2022, growing at a 9.3% CAGR from 2022 to 2028. Global Aluminum Market by Processing Type (Castings, Extrusions, Forgings, Rods and Bars, Sheets and Plates, Others) By End-user (Automotive, Aerospace, and Defense, Building and Construction, Electrical and Electronics, Packaging, Industrial, Others), and Geography (North America, Europe, Asia-Pacific, and Rest
Global Ferro Aluminum Market, Global Ferro Aluminum Industry, Covid-19 Impact Gl …
Ferro aluminium is an alloy that belongs to the grouping of ferroalloys. Ferro aluminium is formed by compounding iron with aluminium. The manufacturing procedure of Ferro aluminium is extremely energy intensive in nature. Ferro aluminium demands large amount of electricity throughout its manufacturing procedure. Ferro aluminium manufacturing process comprises production of aluminium from synthetic cryolite or bauxite. The administered aluminium is then further transformed into aluminium oxide by utilizing the
Aluminum Frp Market Size, Status and Global Outlook 2021-Shandong Nanshan Alumin …
The MarketInsightsReports has published the obtainability of a new statistical data to its repository titled as, Aluminum Frp market. The comprehensive report provides useful insights into Market growth, revenue, and market trends, in order to enable readers to gauge market scope more proficiently. Furthermore, the report also sheds light on recent developments and platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries.
Aluminum Market Forecasts 2027| JW Aluminum, Logan Aluminum, Aleris Rolled Produ …
Aluminum Market 2021 : The Report Titled on “Aluminum Market” provides in-depth review of the Growth, Drivers, Potential Challenges, Unique Trends and Opportunities for market participants equip readers to fully comprehend the overall landscape of the Aluminum industry. “Global Aluminum Market” report offers a complete analysis of the market. It will thus via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured within the report are derived persecution
Aluminum in the Automotive Market Report 2018: Segmentation by Type (Cast Alumin …
Global Aluminum in the Automotive market research report provides company profile for Aleris International, Aluminumoration of China, Vimetco N.V., Alcoa, Novelis, Norsk Hydro ASA, Constellium N.V., Kaiser Aluminum and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018