Global Aluminum Hydroxide Market 2018-2022| Increasing Demand for Antacids Drives Growth| Technavio

LONDON–(BUSINESS WIRE)–Technavio’s global aluminum hydroxide market research report forecasts
the market to grow at a CAGR of over 5% during the forecast
period.

The consolidation of the market by mergers and acquisitions will be one
of the major trends in the global
aluminum hydroxide market
during 2018-2022. The global
aluminum hydroxide market underwent rapid consolidation through mergers
and acquisitions in recent years. This has led to an increased focus on
technology. For instance, on February 1, 2016, Huber Engineered
Materials acquired Martinswerk of Albemarle Corporation.

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According to Technavio analysts, one of the key drivers for the global
aluminum hydroxide market is the increasing demand for antacids:

Global aluminum hydroxide market: Increasing
demand for antacids

GERD is a chronic condition, which is caused by the backflow of stomach
contents such as gastric acid, into the esophagus. Antacids are used to
treat acid reflux that causes heartburn, indigestion, and stomach upset.
They offer quick relief from heartburn, which is a major symptom of
gastroesophageal reflux disease and indigestion.

According to a senior research analyst at Technavio, “The treatment
by antacids is symptomatic and is usually recommended for minor
symptoms. Some of the frequently used antacids include aluminum
hydroxide, magnesium carbonate, and magnesium trisilicate. Aluminum
hydroxide gel powder is one of the antacids that is used in
pharmaceutical preparation.”

Global aluminum hydroxide market: Segmentation
analysis

This global aluminum hydroxide market analysis report provides market
segmentation by application (chemical, flame retardant, filler, antacid,
and others) and by region (the Americas, APAC, and EMEA). This report
provides an in-depth analysis of the prominent factors influencing the
market, including drivers, opportunities, trends, and industry-specific
challenges.

The APAC region held the largest share of the market in 2017, accounting
for around 46% share. It was followed by the Americas and EMEA
respectively. The APAC region is expected to dominate the market
throughout the period 2018-2022.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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