Aluminum Hydroxide Market Size, Forecast and Trends 2023-2028
The latest report by IMARC Group, titled “ Aluminum Hydroxide Market Report by Grade (Industrial Grade, Pharmaceutical Grade), Form (Powder, Gel), Application (Plastics, Pharmaceuticals, Coatings, Adhesives, Sealants and Elastomers, and Others), and Region 2023-2028 ”, offers a comprehensive analysis of the industry, which comprises insights on the market. The global aluminum hydroxide market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028. Factors Affecting the Growth of the Global Aluminum Hydroxide Industry: Increasing Demand in Water Treatment: One of the primary factors driving the aluminum hydroxide market is its growing use in water treatment processes. Aluminum hydroxide is known for its effectiveness in removing impurities and contaminants from water. With the escalating concerns over water pollution and the need for clean drinking water, the demand f...