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Bullboard - Stock Discussion Forum Hindalco Industries GDR HNDNF

Metals & Mining Aluminum

Hindalco Industries Limited is an India-based metals flagship company. The Company is primarily engaged in the business of manufacturing and distribution of aluminium, copper, and its products across the globe. It operates through four segments: Novelis, Aluminium Upstream, Aluminium Downstream and Copper. The Novelis Segment is engaged in producing and selling aluminium sheet and light gauge... see more

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PINL:HNDNF - Post Discussion

Hindalco Industries GDR > Aluminum Hydroxide Market Report, Outlook 2023-2028

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Post by ivosmith on Dec 15, 2023 1:03am

Aluminum Hydroxide Market Report, Outlook 2023-2028

According to the latest research report, the global aluminum hydroxide market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.

The global aluminum hydroxide market is currently being significantly driven by the pharmaceutical industry. The primary use of aluminum hydroxide as an antacid in various medications to treat acid-related digestive disorders, such as heartburn and indigestion, is continuously propelling market growth. Ongoing changes in lifestyles and dietary habits leading to an increasing prevalence of these conditions are further contributing to the continuous growth of the market. Additionally, the use of aluminum hydroxide in vaccine adjuvants is actively strengthening its position in the pharmaceutical sector, particularly during the ongoing development and distribution of vaccines worldwide.

Explore full report with Table of Contents: https://www.imarcgroup.com/aluminum-hydroxide-market