Surging Demand Across Industries Fuels Growth in the Global High Purity Aluminum Hydroxide Market
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The High Purity Aluminum Hydroxide Market is witnessing substantial growth, driven by its rising applications in electronics, pharmaceuticals, flame retardants, and advanced ceramics. With purity levels exceeding 99.5%, this material has become critical in sectors demanding ultra-clean compounds for precision manufacturing and performance.
Valued at USD 328 million in 2023, the market is forecasted to grow at a CAGR of 6.7%, reaching USD 590 million by 2032. This growth trajectory is underpinned by expanding demand for eco-friendly flame retardants and superior-grade raw materials in high-tech applications.