Global Aluminum Hydroxide Market size was valued US$ X.43 Bn in 2019 and the total revenue
is expected to grow at 5.13% through 2020 to 2027, reaching US$ X.82 Bn. The report has
covered region wise market trends with competitive landscape. The report study has analyzed
the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market
followers and market disrupters in the report and same is reflected in our analysis.
Global Aluminum Hydroxide Market
The global aluminum hydroxide market is driven by the rising demand for the product in medical
applications, used in flame retardants, and increasing safety standards in building construction.
The easy availability of aluminum hydroxide and is largely used in polymer application. The
increasing polymer production activities in the Asia-Pacific and European regions will impel
market growth in the upcoming period. The growing demand for lightweight and fire-resistant
products in the automotive industry to offer increased design flexibility is projected to fuel the
The growing demand for aluminum hydroxide in painting and coating industries because of its
cost-effectiveness are driving the market growth. However, an increase in the adoption of
alternative products such as magnesium hydroxide may restrain the market growth at the global
level. Increasing adoption of the product in batteries and chemicals are projected to create
beneficial growth opportunities in the market. Fluctuating raw material prices and increasing
health risks due to exposure to aluminum hydroxide are the major challenges for the aluminum
hydroxide market in the near future.
Based on the application, the plastics segment has led the aluminum hydroxide market in 2019
and is estimated to generate more than US$ XX Mn market revenue by 2027, with a CAGR of
XX%. Plastics offers several benefits such as low cost, less weight, durable, water-resistant, etc.
The rising adoption of lightweight and fire-resistant materials in the au