Global Pseudo Boehmite Market Size By Product (Common Pseudoboehmite, Low Sodium Pseudoboehmite, and Macroporous Pseudoboehmite), By Application (Petrochemical, Ceramic & Coating), By Geographic Scope And Forecast

Pseudo Boehmite Market Size And Forecast

Pseudo Boehmite Market size was valued at USD 562 Million in 2023 and is projected to reach USD 766.3 Million by 2030, growing at a CAGR of 3.3% during the forecasted period 2024 to 2030.

The expanding demand for alumina carrier as the major catalyst for hydrogenation refining along with the growing use of catalysts in the chemical and ceramic industry is expected to mainly drive the demand for pseudo boehmite market. The Global Pseudo Boehmite Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Pseudo Boehmite Market Definition

Pseudo Boehmite is an aluminum compound with the chemical composition AlO(OH). It comprises finely crystalline boehmite. Aluminum hydroxide gel and alumina monohydrate are other terms for pseudo-boehmite. The molecular formula is Al2O3•H2O (1.22.2), and its properties include non-toxicity, odorless ness, powder (dry), high crystal phase purity, superior peptization performance, and strong adhesion. It is a whiter powder with high purity, tasteless and odourless properties, wide pore volume, low pile, good compatibility, high specific surface, outstanding gelation, and robust caking. It dissolves quickly in alkali and acid solutions. After low-temperature roasting and dehydration, pseudo-boehmite can be converted into highly active alumina.

It is mainly used as a binder for FCC catalysts and adsorbents. It is also used as raw material for activated alumina and abrasives. It is mainly prepared by three materials, namelythe hydrolysis of aluminum alkoxide; the neutralization reaction between an acid and an aluminium-containing alkali; the neutralization reaction between an aluminium-containing acid and an alkali. Hydrolysis of aluminum alkoxide is considered to be the ideal way to formulate the pseudo-boehmite, as the impurities concentration of the product is low. The method is also suitable for use as the assistance of the catalyst in processes such as hydroisodewaxing, hydrofining, hydrocracking, and catalytic reforming. However, this process is quite costly. In China, Pseudo Boehmite is chiefly produced through the reaction of NaAlO2 solution on Al2 (SO4)3 solution on account of its lower cost compared to the hydrolysis of aluminum alkoxide. However, the impurities through this method may affect the quality of the final product.

Global Pseudo Boehmite Market Overview

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The expanding demand for alumina carrier as the major catalyst for hydrogenation refining along with the growing use of catalysts in the chemical and ceramic industry is expected to mainly drive the demand for pseudo boehmite. The product is a chief raw material for the alumina carrier which is used as the catalyst for hydrogenation refining, especially in petroleum refining. Pseudo boehmite is utilized in the manufacturing of catalysts supports, polishes, ceramic coatings, automotive wash coats, abrasives, and binders.

Moreover, the main factor attributed to the growth of the market is the increasing demand of catalyst intermediates, polishers and abrasives, which are in turn driven by its demand in sectors such as the automotive, chemical, ceramic, construction industries. The petroleum industry is observing a surge on account of its special importance in the value chain of a wide range of products from these sectors. Despite its effect on the environment, the petroleum refining industry has been observing a continued demand, with the U.S. and Russia as some of the major refiners across the globe. According to the U.S. Department of Energy’s 2019 document, global petroleum refining capacity reached 98.7 million barrels per day (MMBD) in 2017, with the U.S. occupying the largest share of 19%. Hence, the growing oil refining activities along with the expanding demand for the polishers and abrasives is expected to drive the Pseudo Boehmite market across the forecast period.

Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Pseudo Boehmite Market” is mainly bifurcated into sub-segments which can provide a classified data regarding the latest trends in the market.

Global Pseudo Boehmite MarketSegmentation Analysis

The Global Pseudo Boehmite Market is segmented on the basis of Product, Application, And Geography.

Pseudo Boehmite Market, By Product

• Common Pseudoboehmite• Low Sodium Pseudoboehmite• Macroporous Pseudoboehmite

Global Pseudo Boehmite Market is segmented into Common Pseudoboehmite, Low Sodium Pseudoboehmite, and Macroporous Pseudoboehmite on the basis of Product. The product segment is expected to grow on account of the expanding use of alumnia carriers in the coming years, attributed primarily to cost-effectiveness, their requirement in large numbers, and ease of use. In addition to this, increasing importance of the characteristics such as thermal exposure, surface area and porosity during the phase-transitions is also one of the major factors likely to fuel the growth of the different product segments in the market globally.

Pseudo Boehmite Market, By Application

• Petrochemical• Ceramic & Coating• Others

Global Pseudo Boehmite Market is segmented into Petrochemical, Ceramic & Coating, and Others on the basis of Application. The Petrochemical segment is expected to grow at the highest growth rate in the coming years, accredited principally to the growing demand for the catalyst supports that are further used in the various industries across the globe.

Pseudo Boehmite Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of regional analysis, the Global Pseudo Boehmite Market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia Pacific proved to be the region accountable for the major business of the market, and the trend is expected to continue because of the presence of large number of low-cost producing players and a strong chemical product industry in the region. China leads the market country wise in this region as the principal supplier of the basic chemical products that are further used in the production of the alumina carriers and further process catalysts, which is a major factor driving the growth of the pseudo boehmite market in Asia Pacific and North America.

Key Players

The “Global Pseudo Boehmite Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Chalco, KNT Group, PIDC, Zibo Honghe Chemical, Zibo Ton Year Chemical, Zibo Yinghe Chemical, Vizag Chemicals, Zibo Xiangrun Environment Engineering, Tianjin Boyuan New Materials, Zibo Jiulong Chemical, Rina Chemicals, Shandong Yun Neng Catalytic Technology, Shandong Xiangsong New Materials. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.• Provision of market value (USD Billion) data for each segment and sub-segment.• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.• Provides insight into the market through Value Chain.• Market dynamics scenario, along with growth opportunities of the market in the years to come.• 6-month post-sales analyst support.

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