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

December 28, 2018

LONDON--(BUSINESS WIRE)--Dec 28, 2018--Technavio’s global aluminum hydroxide market research report forecasts the market to grow at a CAGR of over 5% during the forecast period.

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Technavio predicts the global aluminum hydroxide market to grow at a CAGR of over 5% by 2022. (Graphic: Business Wire)

The consolidation of the market by mergers and acquisitions will be one of the major trends in the 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.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

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

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20181228005172/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL OTHER HEALTH MANUFACTURING CHEMICALS/PLASTICS OTHER MANUFACTURING RESEARCH OTHER SCIENCE SCIENCE GENERAL HEALTH

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 12/28/2018 11:47 AM/DISC: 12/28/2018 11:47 AM

http://www.businesswire.com/news/home/20181228005172/en

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