Alumina Trihydrate Market

Market Leader - Alumina Trihydrate Market

The alumina trihydrate market is estimated to be USD 1.5 billion in 2020 and is projected to reach USD 1.9 billion by 2025, at a CAGR of 5.5% from 2020 to 2025. The rising demand for alumina trihydrate from the plastics industry, increasing demand for non-halogenated flame retardants, and the surge in demand for alumina trihydrate in paints and coating industry are expected to drive the alumina trihydrate market.

Sumitomo Chemical Company, Limited (Japan), Hindalco Industries Limited (India), Aluminum Corporation of China Limited (China),Nabaltec AG (Germany), and Huber Engineered Materials (US are the key players in the alumina trihydrate market. These companies are focused on investing in plant capacity expansions and acquisitions. They are expanding their product portfolios and compete with other key market players.

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

Huber Engineered Materials is a subsidiary of JM Huber Corporation (US). It is a global leader in industrial chemical manufacturing. Huber Engineered Materials focuses on growth strategies to expand its business. For example, to expand its geographical footprint, the company expanded its Martinswerk facility in Bergheim, Germany in September 2020. It also acquired Miller Chemical & Fertilizer, LLC, which helped it to build a diverse portfolio of small-to-medium sized, competitively advantaged businesses in the chemical and mineral markets.

Sumitomo Chemical Company, Limited has continuously expanded its global presence over the years through strategic acquisitions and expansions. It focuses on extending and maintaining technological leadership, accelerating its penetration in the developing regions, and cash flow generation to enhance its position as a leading player for alumina trihydrate. The extensive distribution network, geographical presence, and reach to diversified end markets positions helps the company to capitalize the propelling growth opportunities. In April 2020, Sumitomo Chemical Company, Limited acquired four South American subsidiaries of Nufarm Limited in Brazil, Argentina, Chile, and Colombia. Through this acquisition, the company expanded its geographical presence in these countries.

Related Reports:

Alumina Trihydrate Market by Type (Ground, Wet, Dry, Precipitate), Application (Flame Retardant, Filler, Antacid), End-Use Industry (Plastic, Building & Construction, Paints & Coatings, Pharmaceuticals, Glass, Rubber), Region - Global Forecast to 2025

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Alumina Trihydrate Market Size,  Share & Growth Report
Report Code
BC 6213
RI Published ON
4/26/2018
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status