QYResearch: United States Hydrotalcite Market will reach 340 million USD in 2021
QYResearch
Hydrotalcite is a Layered Double Hydroxide whose name is derived from its resemblance with talc and its high water content. Layered double hydroxides (LDH) comprise an unusual class of layered materials with positively charged hydroxide layers and charge balancing, mobile anions located in the interlayer region. This structure gives these material anion-exchange properties. The natural form of hydrotalcite is mined in small quantities in the Snarum area of Norway and the Ural area of Russia. Carl Christian Hochstetter (1842) was the first to report about hydrotalcite, which was attached firmly to a schist. He described a white material with a pearl like luster, with the formula Mg6Al2(OH)16CO3 . 4H2O.
In the past years, especially from 2008 to 2010, Kyowa Chemical and Clariant(Süd-Chemie) massively expanded the capacity of Hydrotalcite. The global Hydrotalcite production was approximately 72,000 tons in 2016 and will reach 88,000 tons in 2021; while the market size (value) was 267.2 million USD in 2016 and will be 340 million USD in 2021. In the short run, the market will maintain growth in a stable level and the price will fluctuate on a small scale. In addition, the global giants have the advantage of market position and be the dominant one, they maybe consolidate their market position through expanding, acquisition and merging.
In United States, the market is dominated by few players, like Kyowa Chemical (Kisuma), Clariant(Süd-Chemie), Doobon, Sinwon Chemical, Sakai Chemical and Sasol Germany.
According to QYResearch, United States plays an important role in global market, the Hydrotalcite sales was 17067 tons in 2016 and it will reach 20581 tons in 2022; while the revenue was 73.1 millino USD in 2016 and it will be 81.3 millioin USD in 2022, with a CAGA of 2.3% between 2016 and 2022.
The Hydrotalcite sales was 17067 tons in 2016 and it will reach 20581 tons in 2022; while the revenue was 73.1 millino USD in 2016 and it will be 81.3 millioin USD in 2022, with a CAGA of 2.3% between 2016 and 2022.
This article was first released by QYResearch analyst, if reproduced, please indicate the source.
Marketing: sales@qyresearch.com
Media Contact: press@qyresearch.com
评论
发表评论