Press release
Alumina Trihydrate Market 2020: Development, Growth, Key Factors and Forecast to 2026 - Jinan Chenxu Chemical, KC Corp, Hayashi Kasei, and more.
Alumina Trihydrate Market
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Alumina trihydrate produce in different grade as per the application, grades such as High grades and Standard grades. A significant growth can be seen in building and construction industry which owes to the increase in population and economic development. Alumina trihydrate used in building and construction industry as a flame retardant material. Alumina trihydrate is consider as amphoteric in nature which means it can be dissolve in acid and alkali both and because of this it is very commonly used for the production of aluminum metals. Apart from above application, aluminum trihydrate is used for wide range of applications.
Companies considered and profiled in this market study
Southern Ionics Incorporated, Jinan Chenxu Chemical Co. Ltd., KC Corporation, Hayashi Kasei Co., Ltd, Dadco Group, Alumina Chemicals & Castables, Spectrum Chemical Mfg. Corp, Albemarle Corporation, Huber Engineered Materials, Sumitomo Chemical Company, Limited, SCR - Sibelco NV, The R.J. Marshall Company
Further key findings from the report suggest
1. Asia Pacific region is expected to grow at CAGR of 5.6% followed by North America because of increase in demand for the infrastructure and growing end users of Alumina trihydrate in major economy such as China and India
2. Growth of flame retardant segment owes to the increasing demand of flame retardant materials and safety concern. It is expected that the flame retardant segment grow at higher rate and reach USD 512.59 Million
3. Owing to the properties like light weight and high strength, it is expected to continue to be the most favorable material in the production of automobiles. This in turn, would boost the demand for alumina trihydrate market
4. Increase in Global vehicle ownership per capita, in 2010 it was 148 vehicles in operation per 1000 people which is increased to 174 vehicles per 1000 people in 2013. China has the largest motor vehicle base in the world, with 322 million motor vehicles
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For the purpose of this report, Reports and Data has segmented the Alumina Trihydrate Market on the basis of Type, Grades, Application, End-user, and region:
By Types (Revenue, USD Million; 2016-2026)
Ground ATH
Double Precipitated ATH
By Grades (Revenue, USD Million; 2016-2026)
High grades
Standard grades
By Applications (Revenue, USD Million; 2016-2026)
Flame Retardant
Filler
Antacid
Others
By End-user (Revenue, USD Million; 2016-2026)
Building & Construction
Electrical
Automotive
Paint and coating
Plastic
Other
Regional Outlook (Revenue in USD Million; 2016-2026)
North America
Europe
Asia Pacific
Middle East & Africa
Brazil
Go through our meticulously drafted TOC, Tables, Statistics, Charts, and Company profiles: - https://www.reportsanddata.com/report-detail/alumina-trihydrate-market
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help clients make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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