PUBLISHER: Grand View Research | PRODUCT CODE: 1679512
PUBLISHER: Grand View Research | PRODUCT CODE: 1679512
The global aluminum hydroxide market size is anticipated to reach USD 15.31 billion by 2030 and is anticipated to grow at a CAGR of 4.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. The demand for the product can be attributed to the increasing demand for aluminum hydroxide in automotive, construction, pharmaceuticals and others. The increasing demand for fire-resistant and lightweight products in the automotive industry, which allows for greater design flexibility, is projected to enhance market growth.
The Industrial grade segment dominated the market with a revenue share of 59.0% in 2024, during the forecast period. The growth is attributed to its expanding applications in flame retardants, ceramics, glass manufacturing, and water treatment. Stringent fire safety regulations in the construction, automotive, and electronics industries are driving demand for aluminum hydroxide as a halogen-free flame retardant.
Asia Pacific dominated the market with a market share of 36.8% in 2024, during the forecast period. This growth is attributed to rapid industrialization, expanding construction activities, and increasing demand for flame-retardant materials. Countries like China, India, and Japan are driving demand through infrastructure development and stringent fire safety regulations in buildings and automotive applications. Additionally, the region's thriving pharmaceutical and water treatment industries contribute to the rising use of aluminum hydroxide in antacids, vaccines, and wastewater treatment.
Some of the prominent players in the aluminum hydroxide market include Almatis, Alteo, ALUMINA - CHEMICALS & CASTABLES, Aluminum Corporation of China Ltd (Chalco), MAL - Magyar Alumnium, Sumitomo Chemical Co. Ltd., Huber Materials., Sibelco, LKAB Minerals AB, Donau Carbon GmbH, TOR Minerals International, Inc., and Hindalco (Aditya Birla Management Corporation Pvt. LTd).