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Alumina Trihydrate Market Report
Alumina Trihydrate Market Size, Share, Trend, Forecast, & Industry Analysis
Alumina trihydrate market is likely to witness an impressive CAGR of 5.8% during the forecast period. The growing demand for alumina trihydrate is mainly due to its increasing usage as a flame retardant or filler from the building & construction, plastics, paints & coatings and other end-use industries and increasing regulations concerning fire safety, which in turn, is driving the market during the forecast period.
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Alumina Trihydrate Market - Snapshot |
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Growth |
5.8% for the next five years |
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Major Application Type |
Flame Retardant |
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Dominant End-Use Industry Type |
Plastic |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Albemarle Corporation, Huber Engineered Materials, Nabaltec AG, and, LKAB Minerals AB. |
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Based on the application type, the market is segmented as flame retardant, filler, antacid, and others. The flame-retardant segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period due to stringent regulations of flame retardancy across many countries in building & construction, plastics, and many other industries.
Based on the end-use industry type, the market is segmented as plastics, building & construction, paints & coatings, pharmaceuticals, glass, rubber, others. The plastics segment dominated the alumina trihydrate market in 2019, and is likely to maintain its dominance during the forecast period. The growth of the segment is owing to the properties of Alumina trihydrate, which is known to be very effective for flame retardant and filler applications. The need for fire safety is also a major factor contributing to the demand for plastics.
In terms of regions, Asia-Pacific is estimated to be the largest-growing market for alumina trihydrate during the forecast period. The growth of the market is on account of enormous opportunities that are available in the region. Growing application of flame retardants in various end-use industries, such as building & construction and plastics is also a major factor driving the market, globally.
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Alumina trihydrate is a powdery, odorless, white, solid substance. With its role as a non-halogen flame retardant and smoke suppressant, it is also used as an antacid that can be ingested in order to buffer the pH within the stomach.
Alumina trihydrate can be used for different applications, such as flame retardant, filler, antacid, and others, which are used in various end-use industry such as plastics, building & construction, paints & coatings, pharmaceuticals, glass, rubber, others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Alumina Trihydrate Market Research Report - Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The alumina trihydrate market is segmented into the following categories.
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Some of the major alumina trihydrate manufacturers are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
Driven by factors like increasing usage as a flame retardant or filler, the alumina trihydrate market is expected to witness an impressive growth of 5.8% CAGR in the foreseeable future.
The flame-retardant segment is expected to remain the most dominant application in the alumina trihydrate market in the coming years.
Asia-Pacific is expected to remain the largest-growing market for alumina trihydrates during the next five years.
Albemarle Corporation, Huber Engineered Materials, Nabaltec AG, and, LKAB Minerals AB are among the key players in the alumina trihydrate market.
The plastics segment is expected to remain dominant in the alumina trihydrate market in the coming years.
Increasing usage as a flame retardant or filler from the building & construction, plastics, paints & coatings and other end-use industries and increasing regulations concerning fire safety are the factors driving the growth of alumina trihydrate market.
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