High purity boehmite sales are anticipated to increase at a remarkable CAGR of 14.9 % between 2022 and 2032, reaching a valuation of US$ 400 Mn by that year. High purity boehmite is increasingly being used in a variety of applications, which is what is driving market growth.
High purity boehmite is present in alumino-silicate bedrocks and is further extracted & processed using different methods to make it suitable for numerous commercial applications. These high purity boehmites, which are generally present in very small sizes i.e. as nano-sized particles in a dispersed phase, possess a unique amalgamation of dispersibility, purity and consistency.
These attributes of high purity boehmite push its use in numerous colloidal applications. High purity boehmites are synthesized under control to produce end products with desired qualities. High purity boehmites are versatile in nature and can be used for a wide range of applications.
High Purity Boehmite: Region Wise Trends
China, along with other South East Asian countries, such as India, ASEAN and South Korea, will witness high growth during the forecast period. These regions collectively capture the major share in the overall market in terms of volume.
Increase in the number of electric vehicles in these country will create substantial demand for lithium ion batteries, which will accelerate the overall market of high purity boehmite. North America & Western Europe will also witness substantial demand as these regions are well equipped with enhanced production facilities for lithium ion batteries.
MEA is home to technologically advanced petrochemical production facilities, which require a significant amount of high purity boehmite as a plastic additive. Latin America & Eastern Europe are turning into low-cost manufacturing centers and will create substantial growth opportunities for the market participants during the forecast period.
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Examples of some of the market participants identified across the value chain of the Global High Purity Boehmite are:
- AnHui Estone Material Technology
- TOR Minerals
- Kawai Lime Industry
- TAIMEI Chemicals
- Dequenne Chimie
- Osang Group
- Xuancheng Jingrui New Materials
- Tianjin Boyuan New Materials
High Purity Boehmite: Segmentation
On the basis of Purity, the High Purity Boehmite can be segmented as:
- Purity (99.0%-99.9%)
- Purity (Above 99.9%)
On the basis of Product type, the High Purity Boehmite can be segmented as:
- Water dispersible
- Acid dispersible high
- Surface modified high
On the basis of Application, the High Purity Boehmite can be segmented as:
- Li-Ion Battery Separator
- Electronic Ceramics
- Flame Retardant
- Surface fractioning
- Microcrystalline Ceramics
- Refractory Materials
- Rheology Control
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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