Global Aluminum Chemicals Market trends research and projections for 2019-2025: Global Market Insights Inc. According to new Global Market Insights, Inc, chemical research report Aluminum Chemicals Market size is projected to grow significantly over the projected timeframe owing to its usage in water treatment, paper, paint, medical, fertilizer and textile industry. These products find applications as flocculating agent, filler pigments, flame retardants, reinforcement fillers and feedstock to produce metal and alloys. Aluminum trihydrate is likely to grow significantly in the forecast timeframe owing to its application in construction, automobile, plastics, electrical, textile and rubber industries. It is a white crystalline powder formed by dissolving sodium hydroxide and bauxite which exhibits superior properties including chemical inertness, thermal conductivity, flame retardants and smoke suppression. It is primarily used as a flame retardant in plastics rubber and textile industry. The fire-retardant market is likely to surpass USD 15 billion by 2025, thereby driving aluminum chemicals market size.
These products are used in medical, electrical and ceramics industries owing to hardness, ductility and electrical and thermal conductivity. It is used in the ceramic industry to enhance thermal conductivity. Advanced global ceramic market size may surpass USD 130 billion by 2025 which could lead to boost for aluminum chemicals market size. The product is also used as abrasives in manufacturing refractories owing to its resistance to acids and bases at high temperatures. Hall-Heroult process is primarily employed for industrial production of pure metal from alumina. The metal owing to its properties of anti-corrosion, light weight and strength find wide application including automotive, aerospace, construction, packaging, food and beverage industries. Alumina is accepted as a biomaterial and can be used as implants in crucial surgeries. The product also finds application in hemodialysis and making of dental cements. Growing health concerns and advancement in medical science is likely to increase implant market, thereby driving aluminum chemicals market size. Aluminum chemicals find application in water treatment industries. They are used as coagulant and flocculating agents owing to their multi charged poly nuclear and enhanced adsorption characteristics. The products find preference in water treatment industries as they are able to perform over wide range of water temperature and pH values and ability to generate lower chemical residues. Global water treatment market size is projected to surpass USD 85 billion by 2025 which may favor industry growth and positively influence aluminum chemicals market size.
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The product is also used in the pharmaceutical industry as an antacid. It aids in acidity reduction which left unattended could lead to symptoms exhibiting dyspepsia, ulcer and heartburn. Changing lifestyle and food habits combined with rising concerns of medication would lead to rise in demand for such medications. Global antacid market is likely to exceed USD 18 billion by 2025 driving aluminum chemicals market demand positively. Aluminum phosphide market is expected to grow over the forecasted timeframe owing to its application in semi-conductors and agrochemical industry. The product find application in the agricultural business as fumigant and pesticide. Global agrochemical market is projected to surpass USD 250 billion by 2025 and thereby positively influencing aluminum chemicals market size. North America led by Canada, Mexico and the U.S. aluminum chemicals market size should witness a significant growth during forecasted period owing to growth in oil and gas sector. Planned investment of over USD 70 billion by the U.S. for shale exploration may favor market size owing to its application oil and gas refineries. Asia Pacific led by Japan, India and China market size is likely to grow over the forecast timeframe. Rising demand for plastic, automobiles and electronic products would likely drive regional product demand. Global aluminum chemicals market share is fragmented as market consist of several significant players. Feralco Group, USALCO, Kurita, Aditya Birla, GEO, Showa Denko, Solvay Rhodia, Huber, Kemira, Jianheng Industry, Summit Chemical, Tenor Chemical, Nabaltec, Zhongke Tianze, KC Corp, General Chemical and Albemarle are key players in the market. Browse Full Report @ https://bit.ly/2JOXBFg Market research reports: Key analytical components
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