Alumina Trihydrate Market Insights and In-Depth Analysis 2020-2027 | Southern Ionics Incorporated, Jinan Chenxu Chemical Co. Ltd., KC Corporation, Hayashi Kasei Co., Ltd, etc.

The global Alumina Trihydrate Market was valued at USD 1.54 Billion in 2020 and is expected to reach USD 2.36 Billion by year 2027, at a CAGR of 5.6%. Alumina Trihydrate Market is driven by the increase demand for flame retardant material, increase in usage of ATH in paint and coating industries. Government regulations for the safety of people creates the demand for the flame retardant material. Properties of alumina trihydrate such as flame retardant, amphoteric, Antacid makes it popular for industries like Electrical, Pharmaceutical, Building and construction, Plastic, Automotive, paints and coating and other. Alumina trihydrate is also known as aluminum hydroxide. It is a non- abrasive powder which is obtain from bauxite using Bayer process.

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Key participants include 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

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.

Segments covered in the report:
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; 2020–2027)
Ground ATH
Double Precipitated ATH

By Grades (Revenue, USD Million; 2020–2027)
High grades
Standard grades

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By Applications (Revenue, USD Million; 2020–2027)
Flame Retardant
Filler
Antacid
Others

By End-user (Revenue, USD Million; 2020–2027)
Building & Construction
Electrical
Automotive
Paint and coating
Plastic
Other

Regional Outlook (Revenue in USD Million; 2020–2027)
North America
Europe
Asia Pacific
Middle East & Africa
Brazil

Further key findings from the report suggest:
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

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

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

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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Market Overview: The report gives a thorough investigation of essential factors affecting the progress of the market in the coming years, such as a competitive overview, growth analysis, market segmentation, and regulatory policies governing the industry, among others.

Competitive landscape: The report offers a comprehensive competitive landscape by carrying out a detailed investigation of the production base, capacity, feedstock sources, technological advancements, value chain assessment, rate of concentration, collaborations, mergers and acquisitions, distribution network, cost analysis, pricing structure, major manufacturers, distributors, vendors, and product specifications.

Company Profiles: This section draws focus to the leading companies that control a significant portion of the global market. The report gives an extensive analysis of the leading players that contribute to the overall growth of the industry. It analyzes the leading competitors, prevalent business models, profit-generating tactics, lucrative manufacturing strategies, and gross revenue, among other factors.

Regional Outlook: The analysis also offers insights into the regional markets in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, by studying the leading countries in these regions.

Application or End User: This section of the research study shows how different end-user/application segments contribute to the global Reflective Materials Market.

Market Forecast: The report offers accurate estimations for different aspects of the global Reflective Materials Market by product, application, and region for the forecast period. It also analyzes global sales and revenue for the coming years.

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