The global boehmite market size is expected to reach USD 532.81 million in 2028 at a CAGR of 14.5%, according to the latest report by Reports and Data. Increasing application of boehmite as a lithium ion battery separator, as a carrier material for catalytic converters, and in cement and glass production is a key factor expected to contribute to market revenue growth over the forecast period. In addition, growing demand for cement due to increasing construction activities globally is also expected to further contribute to revenue growth going ahead.
Reports and Data has recently published a research report on global Boehmite market to offer details about recent and emerging market insights to give a comprehensive overview to the users and investors. The report offers details about market size, revenue growth, restraints, growth opportunities and challenges. It also sheds light on players in the global Boehmite market with details about global position, license agreement, business expansion plans, financial status, revenue contribution, and overall company profiling of each player. The global Boehmite market is extremely competitive and consists of various global and regional players. Major players are involved in strategizing various plans such as mergers and acquisitions, partnerships, introduction of new and enhanced products, along with joint ventures.
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TOR Minerals, Silkem d.o.o., Osang Group Co., Ltd., TAIMEI CHEMICALS Co., Ltd.,DEQUENNE CHIMIE S.A., Tianjin Boyuan New Materials Co., Ltd., Sasol, Nabaltec AG, CHALCO Shandong Advanced Material Co., Ltd., and Xuan Cheng Jing Rui New Material Co., Ltd. are some key companies in the market.
Asia Pacific is expected to register fastest revenue CAGR between 2021 and 2028. Rapid revenue growth is attributed to factors such as increasing investments in research and development activities, rapidly growing industrial sector and building and construction sector and high demand for raw material across various sectors.
Market segment analysis:
Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2018–2028)
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End Use (Revenue, USD Million; Volume, Kilo Tons; 2018–2028)
Product Type Outlook (Revenue, USD Million; Volume, Kilo Tons; 2018–2028)
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
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