Global Alumina Trihydrate Market Size is estimated to expand rapidly in coming years, at a CAGR of 8.5 % from 2018 to 2025. In 2017, the global market valuation was USD 1.85 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. 

Global Market Growth Opportunities (Revenue, Growth) By 2019-2026

The ATH is a white powder, non toxic, biologically stable, less abrasive and safe of halogen, and the world’s largest flame retardant, alumina trihydrate is considered to be an aluminum trihydroxide and abbreviated as an ATH. It is typically extracted from bauxite ore and can be collected from bayers in various particle sizes. When the chemical is washed and dried, a wide array of alumina chemicals are supplied as a feedstock. Once processed at 180C, aluminum trihydrate breaks down to aluminum oxide and liquid and is thus commonly used as an inflammatory retardant.

As the Alumina trihydrate serves as a heat sink, pyrolysis is impaired and burn rate decreased. After boiling, the water vapors emitted have an extra dilution of poisonous smoke and combustion gases. Alumina trihydrate is amphoterically soluble in acid or alkaline, with the activation of hexaaquaaluminum, tetrahydroxidae or its hydrolysis products and has four polymorphs: bayerite, gibbsite, northeast straydite and doyleite.

The material is an effective mineral fire retardant dependent on the endothermic break-down theory. It is used in the manufacture and use in electronical applications for fireproof wires & cables and furnishing industries of backcoatings of tapestries of flame retardant plastics, including polyethylene and polyvinyl chloride (PVC). Such factors can foster market demand for aluminum trihydrates in the projected timeframe.

The global trihydrate alumina market offers dramatic prospects as the governments of various countries raise their stringent regulations on the use of flame retardants in furniture and building. However, the world's leading drivers for alumina trihydrate involve increasing demand in the automotive sector for flame retardant plastics, as well as -alumina trihydrate development in water storage. Furthermore, an important factor in the overall market is the increased use, due to cost efficiency, of alumina trihydrate as substitutes for titanium dioxide pigments in the paints and coatings industry.

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global alumina trihydrate market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global alumina trihydrate market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Application Insights: On the basis of application, global alumina trihydrate market has been segmented into flame retardant, filler, antacid. Due to increasing demand for a fire safety flame retardant, among others, in various applications, including wires and cables and plastic products, in the forecast period, the flame retardant segment should rise in the fastest CAGR. Due to their high thermal conductivity and excellent fire restraining properties, alumina trihydrate is used as a filler for polyester resin, epoxy coating and urethane used in plastics amongst others. Smoke suppressant properties of the alumina trihydrate allow for a decrease of smoke in combustion.

By End User Insights: On the basis of end user, global alumina trihydrate market has been segmented into plastics, building & construction, paints & coatings, pharmaceuticals, glass, and rubber. A significant portion of the total market for aluminum trihydrate in 2018 is anticipated in the plastics sector. Factors that cause increased competition for plastics have been urbanization and the need for fire safety. In the building & construction sector, the use of alumina trihydrate is strong as a flame retardant. The increasing awareness of building security among the masses has contributed to energy-efficient buildings being built. Conventional materials are therefore constantly supplemented by flame retardant plastics in these structures.

Regional Analysis

The alumina trihydrate market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.

North America is likely to grow over the forecast timeframe as fire-resistant applications in the construction and automotive industry lead to Mexico, Canada and the USA. Trihydrate is expected to expand. Thanks to its flame retardant and smoke-repressing qualities, strict fire safety laws will accelerate industry scale.

The estimated timeframe is probably significantly improved by development in demand for alumina trihydrate in Asia Pacific, driven by Japan, China and India. Improved healthcare spending along with healthier lifestyle would probably drive the growth of the regional market.

Global Alumina Trihydrate Market Size, Share Analysis by Region 2018

Global Alumina Trihydrate Market Study Objective

1. To forecast the market size of alumina trihydrate market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of alumina trihydrate market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of alumina trihydrate market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of alumina trihydrate market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the alumina trihydrate market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Albemarle Corporation, Alfa Aesar, Sumitomo Chemical Corporation Limited., Huber Engineered Materials, Alcoa Inc., Aluminum Corporation of China Ltd., Nabaltec AG, Showa Denko K.K. and MAL Zrt are some of the key players in the global market of alumina trihydrate. Such manufacturers plan to supply customized goods to increase consumer base and market share. They also focus on increasing geographical reach in order to gain maximum application penetration, especially in developing countries. It is likely to be a key factor in success for companies to set up R&D centers, together with strategic partnerships with investment companies, to introduce innovative technologies.

Global Alumina Trihydrate Market Study Report Offer You!

The global alumina trihydrate market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.