Aluminum Chemicals Market trends research and projections for 2025 Aluminum Chemicals Market | 页面 2

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
2 | Page