High Purity Boehmite Market Size is USD 154.5 Million by 2028

 Increase in lithium-ion battery separator, and innovations in technology are the key factors that drive the growth of the market. Increasing strategic developments such as partnerships and agreements, intensive R&D, and new product development are the key factors contributing to a soaring CAGR of High Purity Boehmite market during forecast period.

Growth - CAGR of 12.89% and 10.22% respectively, Trends – Product launches and Acquisitions of regional payers

According to the current analysis of Reports and Data, the global High Purity Boehmite Market was valued at USD 154.5 Million in 2018 and is expected to reach USD 403.6 Million by year 2028, at a CAGR of 12.9%. The study covers High purity boehmites which are used in applications including catalysis, refractory material, sol-gel ceramic, polymer-additives, functional fillers and surface coating. Boehmite is being used as a flame retardant synergist for higher temperature applications. Benefits associated with boehmite such as high-temperature stability up to 340°C, excellent synergist to phosphor and good process ability among others. Thus, stringent regulations coupled with the benefits of halogen-free fillers with boehmite are projected to fuel market demand.

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Top Leading Players: Sasol (South Africa), Nabaltec (Germany), Chalco (China), TOR Minerals (US), Silkem (Slovenia), Tianjin Boyuan New Materials (China), Xuancheng Jingrui New Materials (China), Osang Group (Korea), Dequenne Chimie (Belgium), TAIMEI Chemicals (Japan), Kawai Lime Industry (Japan), and AnHui Estone Material Technology (China) among others.

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