According to Stratistics MRC, the Global Aluminum Trihydrate (A.T.H.) Market is accounted for $1.52 billion in 2020 and is expected to reach $2.72 billion by 2028 growing at a CAGR of 7.5% during the forecast period. Rising demand for plastics and growing demand for non-halogenated fire retardants is driving the market growth. However, handiness of magnesium hydroxide and other substitute products is hampering the growth of the market.
Aluminum trihydrate (ATH) holds numerous higher properties such as, thermal conductivity, smoke suppression, flame retardant, versatility, and chemical inertness. It is a white crystalline powder made by melting bauxite into sodium hydroxide The product discover application in coatings, aluminium, adhesives, chemicals, wires & cables, carpet backing, caulks & sealants, ink, paper, and rubbers. Additionally, it is also known as aluminum tri-hydroxide, aluminum hydroxide, alumina hydrate and hydrate alumina.
Based on the type, the precipitate segment is going to have lucrative growth during the forecast period. Precipitate alumina trihydrate provides several aids, such as enhanced flame retardation and lower viscosity in polyester SMC It has less surface moisture than other alumina trihydrate, which means less catalyst is needed for surface absorption, and faster remedy can be done. The decomposition temperature of precipitate alumina trihydrate is higher than that of ground alumina trihydrate because, on heating, the precipitate alumina trihydrate first loses its physically absorbed moisture followed by decomposition. Hence, it is chosen in applications where short-term exposure to high temperatures during processing is unavoidable. It also has further blocky particles providing improved impact resistance.
By geography, Asia Pacific is going to have high growth during the forecast period. With, the flourishing construction industry and the rising demand for ductile in countries such as China, India, and Japan, the use of alumina trihydrate is rising in the province. In developed countries, the construction sector is mature relative to the construction sector in developing economies, which is mounting significantly, drove by the rising population and increasing urbanization these entire factors drive the market growth across the region.
Some of the key players profiled in the Aluminum Trihydrate (A.T.H.) Market include Albemarle Corporation, Alteo Holding, Aluminum Corporation of China Ltd. (Chinalco), Hayashi Kasei Co. Ltd., Huber Engineered Materials, Lkab Minerals AB, MAL - Magyar Alumnium Termel s Kereskedelmi Zrt., Nabaltec AG, SCR-Sibelco N.V., Southern Ionics, Inc., Spectrum Chemical Manufacturing Corporation, Sumitomo Chemical Co. Ltd. and The R.J. Marshall Company.
Types Covered:
- Ground
- Dry
- Wet
- Precipitate
- Double Precipitated
Grades Covered:
- High Grades
- Standard Grades
Forms Covered:
- Powder
- Liquid
Products Covered:
- Standard Aluminium Trihydrate
- Fine Aluminium Trihydrate
- Specialty Aluminium Trihydrate
Applications Covered:
- Thermoplastics
- Acrylic Solid Surface
- Adhesive And Sealants
- Antacid
- Catalyst
- Caulks & Sealants
- Ceramics
- Cleansing Agent
- Coagulant
- Fertilizers
- Filler
- Flame Retardant
- Glass And Glazes
- Inks And Pigments
- Mineral Extender
- Paints & Coatings
- Paper
- Plastic
- Polymers
- Smoke Suppressant
- Synthetic Rubber
- Thermosets
- Vaccine
- Wires And Cables
End Users Covered:
- Cosmetics & Personal Care
- Agriculture
- Automotive
- Building & Construction
- Electrical/Electronics
- Furnishings
- Industrial Chemicals
- Pharmaceuticals
- Rubber Industry
- Textile Industry
- Transportation
- Water Treatment
Regions Covered:
- North America
- ·US
- ·Canada
- ·Mexico
- Europe
- ·Germany
- ·UK
- ·Italy
- ·France
- ·Spain
- ·Rest of Europe
- Asia Pacific
- ·Japan
- ·China
- ·India
- ·Australia
- ·New Zealand
- ·South Korea
- ·Rest of Asia Pacific
- South America
- ·Argentina
- ·Brazil
- ·Chile
- ·Rest of South America
- Middle East & Africa
- ·Saudi Arabia
- ·UAE
- ·Qatar
- ·South Africa
- ·Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- 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
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- ·Comprehensive profiling of additional market players (up to 3)
- ·SWOT Analysis of key players (up to 3)
- Regional Segmentation
- ·Market estimations, Forecasts and CAGR of any prominent country as per the client’s interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- ·Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances