Aluminum Hydroxide Market
The global aluminum hydroxide market is anticipated to grow from USD 2.0 billion in 2023 to USD 3.0 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.5% during the period from 2024 to 2032. This growth is primarily driven by the increasing demand for aluminum hydroxide across various end-use industries, including water treatment, construction, and pharmaceuticals. As industries seek effective solutions for water purification and environmental management, aluminum hydroxide's role as a coagulant and flocculant becomes increasingly vital. Additionally, the construction sector's reliance on aluminum hydroxide for fire retardants and as a filler in various materials further supports market expansion. The rising awareness of environmental sustainability and the need for safer chemical alternatives are also contributing to the demand for aluminum hydroxide.
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