Product
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Category | Region | Price |
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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.
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.
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 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:
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.
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.
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.
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 |
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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. |
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 |
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North America | United States and Canada |
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 |
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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. |
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 |
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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. |
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 |
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Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Key Attributes | Details |
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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 |
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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
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
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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) |