Alumina Trihydrate Market Size, Share, Report, Analysis, Trends & Forecast to 2026
Mar 8, 2019
According to Stratistics MRC, the Global Alumina Trihydrate Market is accounted for $1.41 billion in 2017 and is expected to reach $2.65 billion by 2026 growing at a CAGR of 7.3% during the forecast period.
Gaithersburg, Maryland, United States - March 8, 2019 /MarketersMedia/ —
Rising demand for plastics from various end-user industries and increasing construction industrial activities are some of the factors fueling the market growth. However, growing raw material and labor cost are restraining the market.
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Alumina trihydrate is a white-colored, neutral, non-toxic, chemically inert, less abrasive powder-formed solid substance. It is also known as aluminum trihydroxide. It decomposes to aluminum oxide and water when heated at 180 C and therefore is used extensively as a flame retardant. It is usually derived from bauxite ore in different sizes and refined through the bayer process.
Based on application, flame retardant segment holds significant growth during the forecast period. Factors such as rising regulations of flame retardant in plastics, building & construction, and other industries are driving the market growth. By geography, Asia Pacific holds the largest market share during the forecast period due to rising construction industry along with increasing investment in the infrastructure activities by the government.
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Some of the key players profiled in the Alumina Trihydrate Market include Albemarle Corporation, Huber Engineered Materials (HEM), Lkab Minerals AB, The R.J. Marshall Company, SCR - Sibelco NV, Alteo, Nabaltec AG, Sumitomo Chemical Company, Limited, Aluminum Corporation of China Limited (Chalco), Ecolab, Inc., Showa Denko K.K, Alfa Aesar, Akrochem Corporation and Alcoa Corporation.
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Applications Covered:
Filler
Antacid
Flame Retardant
Other Applications
End Users Covered:
Building & Construction
Pharmaceuticals
Rubber
Glass
Plastics
Paints & Coatings
Adhesives & Sealants
Ceramics
Printing Inks
Wires & Cables
Paper & Pulp
Electrical
Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
South America
o Argentina
o Brazil
o Chile
o Rest of South America
Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com
Source: MarketersMedia
Release ID: 490064
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