High-Purity Boehmite Market Summary
The Global High-Purity Boehmite
Market is projected to register a CAGR of over 10% during the review period.
The growth of the global high-purity boehmite market is primarily driven by its
use as a coating in lithium battery separator. The growing adoption of electric
and hybrid vehicles due to the stringent regulations for environment protection
is projected to drive the demand for high-purity boehmite in the manufacturing
of lithium batteries. Another major driver of the high-purity boehmite market
is its use as a refractory material, which is used in the manufacturing of
cement and glass.
Competitive Analysis
Some of the prominent players
operating in the global high-purity boehmite market
are TOR Minerals (US), Sasol (South Africa), TAIMEI CHEMICALS Co., Ltd (Japan),
CHALCO Shandong Advanced Material Co., Ltd (China), Silkem d.o.o. (Slovenia),
DEQUENNE CHIMIE S.A. (Belgium), Nabaltec AG (Germany), Osang Group Co., Ltd
(South Korea), Tianjin Boyuan New Materials Co., Ltd (China), and Xuan Cheng
Jing Rui New Material Co., Ltd (China).
Get More Professional and Technical Industry Insights @ https://www.marketresearchfuture.com/reports/high-purity-boehmite-market-8052
Segment Analysis
The global high purity boehmite
market has been segmented by product type, application, and end-use industry.
Based on product type, the global
high-purity boehmite market has been segmented into water dispersible, acid
dispersible, and surface modified dispersible. The water-dispersible product is
formed by stirring the powder in deionized water with moderate to intense
agitation at room temperature for 20–30 minutes. Acid dispersible boehmite is
formed by dispersing in dilute aqueous monovalent acids such as nitric,
hydrochloric, formic, and acetic at a pH level of 3-5.
By application, the global
high-purity boehmite market has been divided into lithium-ion battery,
refractory materials, electronics ceramics, flame retardants, catalysis,
surface fractioning, microcrystalline ceramics, polymer additives, rheology
control, and others. The lithium-ion battery segment accounted for the largest
market share in 2018 due to the increasing demand for electric and hybrid
vehicles across the globe. The demand is supported by the stringent regulations
to curb CO2 emissions and for environment protection.
On the basis of the end-use industry,
the market has been segmented into automotive, construction, electronics,
consumer goods, oil refineries, and others. Among these, the automotive segment
is projected to exhibit significant growth on account of the increasing
production and sale of electric vehicles. The rise in construction activities
due to rapid industrialization and urbanization in the emerging economies such as
India, Thailand, Brazil, among others as well as infrastructure development in
developed economies such as the US, Germany, UK, and others are also expected
to propel the product demand.
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