Alumina Trihydrate Market will Register a CAGR of 5.7% through 2026

Chemicals and Materials
December 2017
Report Id : REP-GB-335
Status : 2016-03-21
Category : Chemicals and Materials
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Alumina Trihydrate Market
Future Market Insights (FMI) delivers key insights on the alumina trihydrate market in
its latest report titled, “Alumina Trihydrate Market: Global Industry Analysis and
Opportunity Assessment, 2016 - 2026”. According to the report, the global alumina
trihydrate market revenues are projected to expand at a CAGR of 5.7% during 20162026.
Alumina trihydrate (ATH) is used in manufacture of glass, ceramics, paints &
coatings, etc. It finds major application as a flame retardant and smoke suppressant
in materials due to its ability to release water of crystallisation as water vapour when
heated above 220°C.
Alumina trihydrate is commercially available in the market for a number of
applications such as waterproofing, furniture and tapestry production. Alumina
trihydrate is available in multiple grades—coarse, precipitated, chemically treated
and superfine. Depending on the application and customised demand from end-user
industries, these grades and particle sizes can be modified.
Alumina trihydrate also finds major application in polyester and polymer resins as
low-smoke, non-toxic replacement for latex, rubber, wires & cables and floorings.
Major end-use industries that use alumina trihydrate are plastics, paper, paints &
coatings, adhesives, chemicals, and pharmaceuticals.
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Alumina Trihydrate Market
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Factors Driving the Alumina Trihydrate Market
Key driving factors identified in the global alumina trihydrate market include increasing
growth of flame retardant plastics in industrial sectors such as automotive and construction in
emerging markets and increasing use of alumina trihydrate in chemical applications.
Increasing use of alumina trihydrate as flame retardant as well as a filler in adhesives and
paints & coatings industry is expected to drive growth of the alumina trihydrate market over
the forecast period. Increasing use of alumina trihydrate (alum) in water treatment are
expected to fuel growth of the overall global alumina trihydrate market during the forecast
period.
Browse [email protected] https://www.futuremarketinsights.com/reports/alumina-trihydrate-market.
Demand for ultra-fine alumina trihydrate as flame retardant is a major underlying factor
anticipated to fuel growth of the global alumina trihydrate market between 2016 and 2026.
This, in turn, is forecast to create significant market opportunities for alumina trihydrate
manufacturers, distributors and product assemblers in the coming years. Demand for alumina
trihydrate is especially high in emerging market such as India, China, and Brazil.
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Alumina Trihydrate Market
Alumina Trihydrate Market Segmentation
The global alumina trihydrate market is segmented on the basis of enduse industry and region. The end-use industry segment is further
segmented into plastics, paper, paints & coatings, adhesives,
chemicals, pharmaceuticals and others. Key regions covered in the
report are North America, Western Europe, Asia Pacific excluding Japan,
Eastern Europe, Middle East & Africa, Latin America and Japan.
On the basis of regions, APEJ is estimated to be the largest market for
alumina trihydrate, accounting for 27.1% value share of the global
alumina trihydrate market in 2016. This region continues to dominate
the market and is expected to continue to do so over the forecast
period.
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Alumina Trihydrate Market
On the basis of end-use industry, the chemicals and plastics industry
segments are projected to exhibit CAGRs of 6.9% and 5.2%,
respectively, in terms of market value over the forecast period. This is
primarily owing to the increasing utilisation of alumina trihydrate for
water treatment as well as flame retardants.
Key market participants covered in the report include Alfa Aesar,
Sumitomo Co. Ltd., Albemarle Corporation, Nabaltec AG, Huber
Engineered Materials, Showa Denko K.K., NALCO, MAL Zrt, Alcoa Inc.
and Aluminum Corp. of China Ltd.
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