Aluminum Hydroxide Pricing Report ​2024​: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Aluminum Hydroxide Pricing Report ​2024​: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112025A24314

Aluminum Hydroxide Prices December 2023

Product
Category Region Price
Aluminum Hydroxide Chemical USA 569 USD/MT
Aluminum Hydroxide Chemical Germany 559 USD/MT


The aluminum hydroxide prices in the United States for Q4 2023 reached 569 USD/MT in December. The market dynamics were characterized by moderate price increases initially, escalating significantly as the year progressed. Economic fluctuations and constrained supply chains impacted production, reducing inventories. The market recovered with the festive season, aided by lower costs of crude oil and increased consumer expenditures, which pushed customer budgets upward.

The price trend for aluminum hydroxide in Germany for Q4 2023, reached 559 USD/MT in December. The market faced supply challenges due to decreased mining operations and export bans affecting the region. The market contemplated easing restrictions on imports from Russia to mitigate these issues. Additionally, the demand increased notably, spurred by the construction and automotive industries and a relaxation in economic pressures, leading to a more favorable market environment.

Aluminum Hydroxide Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Aluminum Hydroxide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of aluminum hydroxide pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of aluminum hydroxide at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of aluminum hydroxide price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing aluminum hydroxide price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Aluminum Hydroxide Price Trend

Aluminum Hydroxide Market Analysis

The global aluminum hydroxide market size reached US$ 2 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 3 Billion, at a projected CAGR of 4.50% during 2023-2032.

  • The extensive use of aluminum hydroxide as an antacid to treat conditions, such as heartburn, indigestion, and peptic ulcers, is driving the growth of the market. The role of aluminum hydroxide as an adjuvant is contributing to its demand in the pharmaceutical sector. For instance, in March 2024, ENO, a digestive brand by Haleon, announced the launch of its chewable antacid, ‘ENO Chewy Bites’ available in two flavors, tangy lemon and zesty orange. Similarly, in June 2024, Akums Drugs & Pharmaceuticals Ltd, the largest India-focused Contract Development and Manufacturing Organization (CDMO) serving the Indian domestic pharmaceutical industry, announced the launch of an advanced anti-reflux antacid-Sodium Alginate + Potassium Bicarbonate Chewable Tablet. This innovative product has been approved by the Drugs Controller General of India (DCGI).
  • The increasing safety regulations and the rising need for fire-resistant materials in construction and manufacturing are driving the demand for aluminum hydroxide in the flame-retardant industry. For instance, in October 2023, Clariant, a sustainability-focused specialty chemical company, marked another milestone in its China Strategy with the official opening of its new state-of-the-art production facility for halogen-free flame retardants in Daya Bay, Huizhou. Similarly, in June 2024, CAI Performance Additives announced the launch of the ST-FR322 flame retardant synergist. ST-FR322 is an environmentally friendly alternative that delivers exceptional performance and cost savings for a wide range of plastic applications.
  • The growing demand for clean and safe drinking water, coupled with strict environmental regulations is boosting the application of aluminum hydroxide in water treatment facilities. For instance, in April 2024, Thermax announced the launch of a new facility to provide wastewater treatment solutions in Pune. The facility is spread over an area of two acres. Similarly, in May 2024, Nijhuis Saur Industries launched the greywater treatment 2.0 solution at IFAT in Munich, Germany, the worldwide #1 environmental technology trade fair, in the presence of Mirjam van Buchem from NWP.
  • The increasing demand for high quality paper products in packaging, printing, and other applications is supporting the use of aluminum hydroxide in the paper and pulp industry.

Aluminum Hydroxide News

The report covers the latest developments, updates, and trends impacting the global aluminum hydroxide market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in aluminum hydroxide production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the aluminum hydroxide price trend.

Latest developments in the aluminum hydroxide industry:

  • In April 2024, Finolex Cables launched a range of eco-safe wires under the FinoGreen brand. It would account for around 5% of the company’s wires business. The halogen-free and flame-retardant industrial cables under FinoGreen are designed to mitigate safety risks in electrical installations and avert accidents, particularly fires.
  • In July 2023, Hindustan Unilever Limited (HUL) announced the launch of the New Pureit Revito Series of water purifiers, powered by DURAViva™ - the best-in-class filtration technology which comprises a WQA gold seal component certified to remove heavy metals while providing maximum purified water - up to 8000L. The water purifier also saves up to 70% of the water and enriches purified water with essential minerals like calcium and magnesium.

Product Description

Aluminum hydroxide, with the formula AI(OH)₃, is a versatile chemical compound widely used in both medical and industrial applications. It appears as a white, water-insoluble powder and serves as an antacid, relieving symptoms of indigestion, peptic ulcers, and heartburn. In medicine, it acts as an adjuvant in vaccines, enhancing immune responses. Industrially, it functions as a fire retardant in plastics and rubber due to its water-releasing properties when heated, slowing flame spread. Additionally, aluminum hydroxide is employed in water purification, paper manufacturing, and as a precursor for other aluminum compounds, showcasing its broad utility and effectiveness.

Regional Coverage

The report provides a detailed analysis of the aluminum hydroxide market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the aluminum hydroxide price trend.

Global Aluminum Hydroxide Price

The report offers a holistic view of the global aluminum hydroxide pricing trends in the form of aluminum hydroxide price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into aluminum hydroxide historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into aluminum hydroxide price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed aluminum hydroxide demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Aluminum Hydroxide Price

The European markets had difficulty obtaining supply of aluminum hydroxide due to a prohibition on exports from Indonesia and a decrease in mining activity in Germany. However, officials were considering removing the limits on imports from Russia to alleviate the shortages of supplies. Later on, there was a notable surge in the demand for aluminum hydroxide, especially from the construction and automobile industries. In addition, decreasing inflationary compressions and renewed interest of consumers contributed to this, favorably impacting market dynamics in the latter quarters.

This analysis can be extended to include detailed aluminum hydroxide price information for a comprehensive list of countries.

Region Countries Covered
Europe Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.


North America Aluminum Hydroxide Price

The market saw a gradual price increase in 2023 in North America, which became more pronounced toward the year's end. Initially, the market dynamics were influenced by limited overseas supplies and low inventory levels. Moreover, the situation hampered production and draining stockpiles owing to economic uncertainties. However, the last few months of 2023 witnessed a notable surge in prices, driven by the onset of festive period, decreasing costs of crude oil, and expanding customer expenditure.

Specific aluminum hydroxide historical data within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada


Middle East and Africa Aluminum Hydroxide Price

The report explores the aluminum hydroxide pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on aluminum hydroxide prices for countries can also be provided.

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.


Asia Pacific Aluminum Hydroxide Price

The market in the Asia Pacific region experienced a significant uptrend driven by robust automotive growth. This rise in demand was matched with latest mining initiatives in Australia and ample level of imports, maintaining a balanced market. Additionally, the region's cost-effective products garnered significant trader interest internationally. However, the price momentum peaked in this quarter before declining in the subsequent months as supply began to surpass demand due to escalating industrial challenges, causing a downturn in market prices.

This aluminum hydroxide price analysis can be expanded to include a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.


Latin America Aluminum Hydroxide Price

The analysis of aluminum hydroxide prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.


Report Coverage

Key Attributes Details
Product Name Aluminum Hydroxide
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Aluminum Hydroxide Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
 
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
 
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* 
 
North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 


Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of aluminum hydroxide pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
  • The study examines factors affecting aluminum hydroxide price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
  • The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
  • IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The aluminum hydroxide price charts ensure our clients remain at the forefront of the industry.

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  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
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Aluminum Hydroxide Pricing Report ​2024​: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
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