Aluminum Hydroxide Ester Market Outlook, Competitive Landscape and Forecasts to 2026

From: Transparency Market Research
Published: Mon Oct 22 2018

Aluminum hydroxide can be found naturally in the form of gibbsite, which is a mineral. Aluminum hydroxide can be categorized as an antacid. It is used in various industrial applications. Aluminum hydroxide is primarily employed in medical applications. It is available in the form of a white powder or granules with density of about 2.42 g per mL. It is not soluble in water. Aluminum hydroxide should be handled with care. It can cause medium irritation when exposed to air. Aluminum hydroxide is used as mordant for water purifiers, dyes, and cosmetic ingredients. It is chemically stable and nonflammable. Thus, it is an ideal material for use in flame retardants. Aluminum hydroxide is also used as feedstock in the manufacture of other aluminum compounds such as specialty calcined alumina, aluminum chloride, aluminum sulfate, sodium aluminate, zeolites, polyaluminum chloride, and aluminum nitrate.

Global Aluminum Hydroxide Ester Market: Drivers and Restraints

Rise in demand for aluminum hydroxide in medical applications and extensive use of aluminum hydroxide  in the cosmetics industry are factors augmenting the Aluminum Hydroxide Ester market. This is prompting companies to increase production of these materials. Additionally, easy availability of raw materials is anticipated to boost the demand for Aluminum Hydroxide Ester Market in the near future.

The global Aluminum Hydroxide Ester Market is witnessing technological advancements. Companies are constantly striving to develop new and better ways to manufacture these materials. Development of new manufacturing processes of aluminum hydroxide and applications is estimated to propel the market. However, volatility in prices of raw materials is projected to hamper the market.

Global Aluminum Hydroxide Ester Market: Key Segments

Based on end-use industry, the Aluminum Hydroxide Ester Market can be divided into chemical, personal care, pharmaceutical, and others. The pharmaceutical segment dominates the Aluminum Hydroxide Ester Market owing to the extensive use of aluminum hydroxide in oral pharmaceutical applications in emerging economies such as India and China.

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Based on geography, the Aluminum Hydroxide Ester Market can be split into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific is anticipated to constitute key share of the Aluminum Hydroxide Ester Market during the forecast period. The Aluminum Hydroxide Ester Market in Asia Pacific is estimated to expand at a significant pace owing to the rise in demand for aluminum hydroxide in the pharmaceutical industry in the region. Middle East & Africa is likely to be an attractive region of the Aluminum Hydroxide Ester Market during the forecast period due to the increase in demand for this chemical  in personal care industry in the region.

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