HOME Top Market Reports Alumina Trihydrate Market by Application (Flame Retardant, Filler, Antacid), End-Use Industry (Plastics, Building & Construction, Paints & Coatings, Pharmaceuticals, Glass, Rubber), and Region (APAC, North America, Europe, MEA) - Global Forecast to 2023

Alumina Trihydrate Market by Application (Flame Retardant, Filler, Antacid), End-Use Industry (Plastics, Building & Construction, Paints & Coatings, Pharmaceuticals, Glass, Rubber), and Region (APAC, North America, Europe, MEA) - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: April 2018
Report Code: BC 6213

 

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The global alumina trihydrate (ATH) market was valued at USD 1.48 Billion in 2017 and is projected to reach USD 1.99 Billion by 2023. The alumina trihydrate market is expected to grow at a CAGR of 5.7% during the forecast period.

Objectives of this study are:

  • To define, describe, segment, and forecast the alumina trihydrate market based on application, end-use industry, and region
  • To estimate and forecast market segments with respect to 5 main regions, namely Asia Pacific, Europe, North America, the Middle East & Africa, and South America
  • To estimate and forecast the alumina trihydrate market, in terms of value (USD million/billion) and volume (kilo tons)
  • To identify and analyze key market dynamics such as drivers, restraints, opportunities, and challenges influencing the growth of the alumina trihydrate market across the globe
  • To analyze region-specific trends in Asia Pacific, Europe, North America, the Middle East & Africa, and South America
  • To track and analyze recent developments such as expansions, joint ventures, acquisitions, and divestments adopted by the key players operating in the alumina trihydrate market
  • To strategically identify and profile key players operating in the alumina trihydrate market and analyze their core competencies

Years considered for the study are:

  • Base Year – 2017
  • Estimated Year – 2018
  • Projected Year – 2023
  • Forecast Period – 2018 to 2023

For company profiles in the report, 2017 has been considered as the base year. In cases wherein the information is unavailable for the base year, the years prior to it have been considered.

Research Methodology

The research methodology used to estimate and forecast the global alumina trihydrate market began with capturing data on key vendor revenues through secondary sources, such as D&B Hoovers, Bloomberg, Chemical Weekly, Factiva, and various other government and private websites. Vendor offerings were also taken into consideration to determine the market segmentation. After arriving at the overall market size, the total market was split into several segments and subsegments, which were later verified through primary research by conducting extensive interviews with key personnel, such as CEOs, VPs, directors, and executives. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The breakdown of profiles of primaries is depicted in the figure below.

Alumina Trihydrate Market

To know about the assumptions considered for the study, download the pdf brochure

The alumina trihydrate market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, and government organizations. Companies operating in the alumina trihydrate market include Albemarle Corporation (US), Huber Engineered Materials (US), Nabaltec AG (Germany), and LKAB Minerals AB (Sweden), among others.

Target Audience

  • Manufacturers of Alumina Trihydrate and its Derivatives
  • Manufacturers of Alumina Trihydrate and Various End-use Industries
  • Traders, Distributors, and Suppliers of Alumina Trihydrate
  • Regional Manufacturers’ Associations of Alumina Trihydrate
  • Government and Regional Agencies
  • Consulting Companies/Consultants in Chemical and Material Sectors

“This study answers several questions for stakeholders, primarily the market segments which they need to focus on during the next 2 to 5 years so that they may prioritize their efforts and investments accordingly.”

Scope of the report: This research report categorizes the alumina trihydrate market based on end-use industry, application, and region, and forecasts revenues as well as analyzes trends in each of the submarkets.

  • On the Basis of End-Use Industry:
    • Plastics  
    • Building & Construction
    • Pharmaceuticals
    • Paints & Coatings
    • Glass
    • Rubber
    • Others
  • On the Basis of Application:
    • Flame Retardant
    • Filler
    • Antacid
    • Others
  • On the Basis of Region:
    • Asia Pacific
    • North America
    • Europe
    • Middle East & Africa
    • South America

The following customization options are available for the report:

Along with the market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix, which provides a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the Rest of Asia Pacific, Rest of the Middle East & Africa, Rest of Europe, and Rest of South America alumina trihydrate markets

Company Information

  • Detailed analysis and profiles of additional market players (up to 5 companies).

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Units Considered
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
    2.3 Market Breakdown and Data Triangulation
    2.4 Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 27)
    3.1 Alumina Trihydrate Market, By Application
    3.2 Alumina Trihydrate Market, By End-Use Industry and Region
    3.3 Alumina Trihydrate Market, By Region

4 Premium Insights (Page No. - 31)
    4.1 Attractive Growth Opportunities in the Alumina Trihydrate Market
    4.2 Alumina Trihydrate Market, By End-Use Industry
    4.3 Alumina Trihydrate Market, By Application and End-Use Industry
    4.4 Alumina Trihydrate Market, By Country
    4.5 Alumina Trihydrate Market: Emerging & Developed Economies

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Demand for Flame Retardants Across the Globe
                    5.2.1.2 Growing Demand for Alumina Trihydrate From Adhesives and Paints & Coatings Industries
                    5.2.1.3 Flourishing Pharmaceuticals Industry Across the Globe
           5.2.2 Restraints
                    5.2.2.1 Limited Thermal Stability in High Temperature Applications
           5.2.3 Opportunities
                    5.2.3.1 Use of Aluminum Hydroxide in Water Treatment Plants in Residential Areas
           5.2.4 Challenges
                    5.2.4.1 Availability of Non-Toxic Substitutes Such as Calcium Carbonate and Magnesium Hydroxide
    5.3 Porter’s Five Forces Analysis
           5.3.1 Threat of Substitutes
           5.3.2 Threat of New Entrants
           5.3.3 Bargaining Power of Suppliers
           5.3.4 Bargaining Power of Buyers
           5.3.5 Intensity of Competitive Rivalry

6 Alumina Trihydrate Market, By Application (Page No. - 41)
    6.1 Introduction
    6.2 Flame Retardant
    6.3 Filler
    6.4 Antacid
    6.5 Others

7 Alumina Trihydrate Market, By End-Use Industry (Page No. - 49)
    7.1 Introduction
    7.2 Plastics
    7.3 Building & Construction
    7.4 Paints & Coatings
    7.5 Pharmaceuticals
    7.6 Glass
    7.7 Rubber
    7.8 Others

8 Alumina Trihydrate Market, By Region (Page No. - 61)
    8.1 Introduction
    8.2 Asia Pacific
           8.2.1 China
           8.2.2 Japan
           8.2.3 India
           8.2.4 South Korea
           8.2.5 Australia
           8.2.6 Rest of Asia Pacific
    8.3 Europe
           8.3.1 Germany
           8.3.2 France
           8.3.3 UK
           8.3.4 Russia
           8.3.5 Netherlands
           8.3.6 Italy
           8.3.7 Rest of Europe
    8.4 North America
           8.4.1 US
           8.4.2 Canada
           8.4.3 Mexico
    8.5 Middle East & Africa (MEA)
           8.5.1 Saudi Arabia
           8.5.2 South Africa
           8.5.3 UAE
           8.5.4 Rest of the Middle East & Africa
    8.6 South America
           8.6.1 Brazil
           8.6.2 Colombia
           8.6.3 Argentina
           8.6.4 Rest of South America

9 Competitive Landscape (Page No. - 101)
    9.1 Overview
    9.2 Expansions: the Most Popular Growth Strategy
    9.3 Competitive Situation and Trends
           9.3.1 Expansions
           9.3.2 Acquisitions
           9.3.3 Joint Ventures
           9.3.4 Divestments

10 Company Profiles (Page No. - 105)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     10.1 Albemarle Corporation
     10.2 Nabaltec AG
     10.3 Huber Engineered Materials (HEM)
     10.4 Sumitomo Chemical Company, Limited
     10.5 Lkab Minerals AB
     10.6 SCR - Sibelco NV
     10.7 Aluminum Corporation of China Limited (Chalco)
     10.8 The R.J. Marshall Company
     10.9 Alteo
     10.10 Mal - Magyar Alumínium Termelõ És Kereskedelmi Zrt.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
     10.11 Other Companies
             10.11.1 Southern Ionics Incorporated
             10.11.2 Jinan Chenxu Chemical Co., Ltd.
             10.11.3 KC Corporation
             10.11.4 Hayashi Kasei Co., Ltd
             10.11.5 Dadco Group
             10.11.6 Alumina Chemicals & Castables
             10.11.7 Spectrum Chemical Mfg. Corp

11 Appendix (Page No. - 125)
     11.1 Insights of Industry Experts
     11.2 Discussion Guide
     11.3 Knowledge Store: Marketsandmarkets Subscription Portal
     11.4 Introducing RT: Real-Time Market Intelligence
     11.5 Available Customizations
     11.6 Related Reports
     11.7 Author Details


List of Tables (111 Tables)

Table 1 Alumina Trihydrate Market Snapshot
Table 2 Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 3 Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 4 Alumina Trihydrate Market in Flame Retardant, By Region, 2016-2023 (USD Million)
Table 5 Alumina Trihydrate Market in Flame Retardant, By Region, 2016-2023 (Kilo Tons)
Table 6 Alumina Trihydrate Market in Filler, By Region, 2016-2023 (USD Million)
Table 7 Alumina Trihydrate Market in Filler, By Region, 2016-2023 (Kilo Tons)
Table 8 Alumina Trihydrate Market in Antacid, By Region, 2016-2023 (USD Million)
Table 9 Alumina Trihydrate Market in Antacid, By Region, 2016-2023 (Kilo Tons)
Table 10 Alumina Trihydrate Market in Others Applications, By Region, 2016-2023 (USD Million)
Table 11 Alumina Trihydrate Market in Other Applications, By Region, 2016-2023 (Kilo Tons)
Table 12 Alumina Trihydrate Market, By End-Use Industry, 2016-2023 (USD Million)
Table 13 Alumina Trihydrate Market, By End-Use Industry, 2016-2023 (Kilo Tons)
Table 14 Alumina Trihydrate Market for Plastics, By Region, 2016-2023 (USD Million)
Table 15 Alumina Trihydrate Market for Plastics, By Region, 2016-2023 (Kilo Tons)
Table 16 Alumina Trihydrate Market for Building & Construction, By Region, 2016-2023 (USD Million)
Table 17 Alumina Trihydrate Market for Building & Construction, By Region, 2016-2023 (Kilo Tons)
Table 18 Alumina Trihydrate Market for Paints & Coatings, By Region, 2016-2023 (USD Million)
Table 19 Alumina Trihydrate Market for Paints & Coatings, By Region, 2016-2023 (Kilo Tons)
Table 20 Alumina Trihydrate Market for Pharmaceuticals, By Region, 2016-2023 (USD Million)
Table 21 Alumina Trihydrate Market for Pharmaceuticals, By Region, 2016-2023 (Kilo Tons)
Table 22 Alumina Trihydrate Market for Glass, By Region, 2016-2023 (USD Million)
Table 23 Alumina Trihydrate Market for Glass, By Region, 2016-2023 (Kilo Tons)
Table 24 Alumina Trihydrate Market for Rubber, By Region, 2016-2023 (USD Million)
Table 25 Alumina Trihydrate Market for Rubber, By Region, 2016-2023 (Kilo Tons)
Table 26 Alumina Trihydrate Market for Other End-Use Industries, By Region, 2016-2023 (USD Million)
Table 27 Alumina Trihydrate Market for Other End-Use Industries, By Region, 2016-2023 (Kilo Tons)
Table 28 Alumina Trihydrate Market, By Region, 2016–2023 (USD Million)
Table 29 Alumina Trihydrate Market, By Region, 2016–2023 (Kilo Tons)
Table 30 Asia Pacific Alumina Trihydrate Market, By Country, 2016-2023 (USD Million)
Table 31 Asia Pacific Alumina Trihydrate Market, By Country, 2016-2023 (Kilo Tons)
Table 32 Asia Pacific Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 33 Asia Pacific Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 34 Asia Pacific Alumina Trihydrate Market, By End-Use Industry, 2016-2023 (USD Million)
Table 35 Asia Pacific Alumina Trihydrate Market, By End-Use Industry, 2016-2023 (Kilo Tons)
Table 36 China Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 37 China Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 38 Japan Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 39 Japan Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 40 India Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 41 India Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 42 South Korea Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 43 South Korea Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 44 Australia Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 45 Australia Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 46 Rest of Asia Pacific Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 47 Rest of Asia Pacific Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 48 Europe Alumina Trihydrate Market, By Country, 2016-2023 (USD Million)
Table 49 Europe Alumina Trihydrate Market, By Country, 2016-2023 (Kilo Tons)
Table 50 Europe Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 51 Europe Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 52 Europe Alumina Trihydrate Market, By End-Use Industry, 2016-2023 (USD Million)
Table 53 Europe Alumina Trihydrate Market, By End-Use Industry, 2016-2023 (Kilo Tons)
Table 54 Germany Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 55 Germany Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 56 France Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 57 France Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 58 UK Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 59 UK Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 60 Russia Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 61 Russia Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 62 Netherlands Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 63 Netherlands Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 64 Italy Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 65 Italy Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 66 Rest of Europe Alumina Trihydrate Market, By Application, 2016-2023 (USD Million)
Table 67 Rest of Europe Alumina Trihydrate Market, By Application, 2016-2023 (Kilo Tons)
Table 68 North America Alumina Trihydrate Market, By Country, 2016–2023 (USD Million)
Table 69 North America Alumina Trihydrate Market, By Country, 2016–2023 (Kilo Tons)
Table 70 North America Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 71 North America Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 72 North America Alumina Trihydrate Market, By End-Use Industry, 2016–2023 (USD Million)
Table 73 North America Alumina Trihydrate Market, By End-Use Industry, 2016–2023 (Kilo Tons)
Table 74 US Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 75 US Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 76 Canada Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 77 Canada Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 78 Mexico Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 79 Mexico Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 80 Middle East & Africa Alumina Trihydrate Market, By Country, 2016–2023 (USD Million)
Table 81 Middle East & Africa Alumina Trihydrate Market, By Country, 2016–2023 (Kilo Tons)
Table 82 Middle East & Africa Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 83 Middle East & Africa Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 84 Middle East & Africa Alumina Trihydrate Market, By End-Use Industry, 2016–2023 (USD Million)
Table 85 Middle East & Africa Alumina Trihydrate Market, By End-Use Industry, 2016–2023 (Kilo Tons)
Table 86 Saudi Arabia Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 87 Saudi Arabia Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 88 South Africa Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 89 South Africa Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 90 UAE Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 91 UAE Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 92 Rest of the Middle East & Africa Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 93 Rest of the Middle East & Africa Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 94 South America Alumina Trihydrate Market, By Country, 2016–2023 (USD Million)
Table 95 South America Alumina Trihydrate Market, By Country, 2016–2023 (Kilo Tons)
Table 96 South America Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 97 South America Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 98 South America Alumina Trihydrate Market, By End-Use Industry, 2016–2023 (USD Million)
Table 99 South America Alumina Trihydrate Market, By End-Use Industry, 2016–2023 (Kilo Tons)
Table 100 Brazil Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 101 Brazil Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 102 Colombia Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 103 Colombia Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 104 Argentina Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 105 Argentina Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 106 Rest of South America Alumina Trihydrate Market, By Application, 2016–2023 (USD Million)
Table 107 Rest of South America Alumina Trihydrate Market, By Application, 2016–2023 (Kilo Tons)
Table 108 Expansions, January 2012–March 2018
Table 109 Acquisitions, January 2012–March 2018
Table 110 Joint Ventures, January 2012–March 2018
Table 111 Divestments, January 2012–March 2018


List of Figures (46 Figures)

Figure 1 Alumina Trihydrate Market: Research Design
Figure 2 Breakdown of Primary Interviews, By Company Type, Designation, and Region
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Data Triangulation
Figure 6 The Flame Retardant Application Segment is Projected to Lead the Alumina Trihydrate Market From 2018 to 2023
Figure 7 The Asia Pacific Region is Expected to Lead the Plastics End-Use Industry Segment of the Alumina Trihydrate Market in 2018
Figure 8 The Asia Pacific Alumina Trihydrate Market is Projected to Grow at the Highest CAGR Between 2018 and 2023
Figure 9 Increasing Demand for Alumina Trihydrate From Various End-Use Industries is Projected to Drive the Growth of the Alumina Trihydrate Market Across the Globe
Figure 10 The Plastics End-Use Industry Segment of the Alumina Trihydrate Market is Projected to Grow at the Highest CAGR From 2018 to 2023
Figure 11 The Plastics End-Use Industry and Flame Retardant Application Segments are Estimated to Account for the Largest Shares of the Alumina Trihydrate Market in 2018
Figure 12 The China Alumina Trihydrate Market is Projected to Grow at the Highest CAGR From 2018 to 2023
Figure 13 The US is Projected to Be the Largest Market for Alumina Trihydrate Among Developed Economies
Figure 14 Alumina Trihydrate Market Dynamics
Figure 15 Porter’s Five Forces Analysis
Figure 16 The Flame Retardant Application Segment of the Alumina Trihydrate Market is Projected to Grow at the Highest Rate During From 2018 to 2023
Figure 17 The Asia Pacific Region is Projected to Lead the Flame Retardant Application Segment of the Alumina Trihydrate Market From 2018 to 2023
Figure 18 The Filler Application Segment of the Asia Pacific Alumina Trihydrate Market is Projected to Grow at the Highest Rate Between 2018 and 2023
Figure 19 The Asia Pacific Region is Expected to Lead the Antacid Application Segment of the Alumina Trihydrate Market From 2018 to 2023
Figure 20 The Others Application Segment of the Asia Pacific Alumina Trihydrate Market is Projected to Grow at the Highest Rate From 2018 to 2023
Figure 21 The Plastics End-Use Industry Segment is Projected to Lead the Alumina Trihydrate Market Between 2018 and 2023
Figure 22 The Asia Pacific Region is Projected to Lead the Plastics End-Use Industry Segment of the Alumina Trihydrate Market From 2018 to 2023
Figure 23 The Building & Construction End-Use Industry Segment of the Asia Pacific Alumina Trihydrate Market is Projected to Grow at the Highest Rate From 2018 to 2023
Figure 24 The Asia Pacific Region is Projected to Lead the Paints & Coatings End-Use Industry Segment of the Alumina Trihydrate Market Between 2018 and 2023
Figure 25 The Asia Pacific Region is Projected to Lead the Pharmaceuticals End-Use Industry Segment of the Alumina Trihydrate Market From 2018 to 2023
Figure 26 The Asia Pacific Region is Expected to Lead the Glass End-Use Industry Segment of the Alumina Trihydrate Market Between 2018 and 2023
Figure 27 The Rubber End-Use Industry Segment of the Asia Pacific Alumina Trihydrate Market is Projected to Grow at the Highest Rate From 2018 to 2023
Figure 28 The Others End-Use Industry Segment of the Asia Pacific Alumina Trihydrate Market is Projected to Grow at the Highest Rate Between 2018 and 2023
Figure 29 Regional Snapshot
Figure 30 Asia Pacific Alumina Trihydrate Market Snapshot
Figure 31 Europe Alumina Trihydrate Market Snapshot
Figure 32 North America Alumina Trihydrate Market Snapshot
Figure 33 Middle East & Africa Alumina Trihydrate Market Snapshot
Figure 34 South America Alumina Trihydrate Market Snapshot
Figure 35 Companies Adopted Expansions as the Key Growth Strategy Between January 2012 and March 2018
Figure 36 Major Growth Strategies Adopted By Companies in the Alumina Trihydrate Market From January 2012 to March 2018
Figure 37 Albemarle Corporation: Company Snapshot
Figure 38 Albemarle Corporation: SWOT Analysis
Figure 39 Nabaltec AG: Company Snapshot
Figure 40 Nabaltec AG: SWOT Analysis
Figure 41 Huber Engineered Materials: SWOT Analysis
Figure 42 Sumitomo Chemical Company, Limited: Company Snapshot
Figure 43 Sumitomo Chemical Company, Limited: SWOT Analysis
Figure 44 Lkab Minerals AB: Company Snapshot
Figure 45 SCR - Sibelco NV: Company Snapshot
Figure 46 Aluminum Corporation of China Limited (Chalco): Company Snapshot

The alumina trihydrate (ATH) market is projected to grow from USD 1.51 Billion in 2018 to USD 1.99 Billion by 2023, at a CAGR of 5.7% from 2018 to 2023. Alumina trihydrate, also known as aluminum trihydrate/aluminum hydroxide, is crystalline and a non-abrasive powder, which is obtained from bauxite using the Bayer process. One of the important properties of alumina trihydrate is that it is amphoteric in nature, thereby making it suitable for different applications. Alumina trihydrate is widely used as a flame retardant and a smoke suppressant. In addition, it is also used as a raw material to manufacture calcined alumina, Poly Aluminum Chloride (PAC), aluminum sulfate, sodium aluminate, aluminum nitrate, and alumina.

Based on application, the alumina trihydrate market has been segmented into flame retardant, filler, antacid, and others. The flame retardant segment is expected to grow at the highest CAGR during the forecast period due to the growing demand for flame retardant for fire safety in various applications such as wires & cables, and plastics product, among others. Alumina trihydrate is used as a filler in polyester resins, epoxy coatings, and urethane used in plastics, among others, owing to its high thermal conductivity and excellent fire retardant properties. Alumina trihydrate has smoke suppressant properties, thereby enabling smoke reduction on burning.

Based on end-use industry, the alumina trihydrate market has been segmented into plastics, building & construction, paints & coatings, pharmaceutical, glass, rubber, and others. The plastics segment is estimated to account for a major share of the overall alumina trihydrate market in 2018. Urbanization and the need for fire safety are factors leading to the increased demand for plastics. The consumption of alumina trihydrate as a flame retardant is high in the building & construction sector. The growing building safety awareness among masses has led to the development of energy-efficient buildings. As such, conventional plastics in these buildings are continuously replaced with flame retardant plastics. Alumina trihydrate is used in the building & construction industry in adhesives, wires & cables, sealants, caulks, roofs, counters, and solid surfaces, among others.

Asia Pacific is expected to be the fastest-growing market for alumina trihydrate during the forecast period. Countries in Asia Pacific have huge prospects for the alumina trihydrate market due to the growing application of flame retardant in various end-use industries such as plastics & building & construction.

Alumina Trihydrate Market

The growing concern regarding thermal stability of alumina trihydrate in high-temperature applications may restrict the growth of the alumina trihydrate market across the globe. The thermal decomposition of alumina trihydrate begins at approximately 2200C in applications such as thermosets and certain PVCs. As such, alumina trihydrate is not suitable for applications with temperatures above 2200C, thereby restricting its use in high-temperature applications such as polyolefins.

Key players operating in the alumina trihydrate market include Albemarle Corporation (US), Huber Engineered Materials (US), Nabaltec AG (Germany), and LKAB Minerals AB (Sweden), among others. These companies focus on investing in capacity expansions of plants to grow in the alumina trihydrate market.

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