openPR Logo
Press release

Alumina Trihydrate Global Market Analysis, Trends, Growth, Research And Forecast 2033

06-13-2024 11:24 AM CET | Chemicals & Materials

Press release from: The Business research company

Alumina Trihydrate Global Market

Alumina Trihydrate Global Market

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Alumina Trihydrate Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $15.75 billion In 2028 At A CAGR Of 29.8% :

The alumina trihydrate market size has grown strongly in recent years. It will grow from $2.07 billion in 2023 to $2.2 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to flame retardant properties, demand in chemical industry , shift from halogenated flame retardants, expansion in construction sector, demand in pharmaceuticals.

The alumina trihydrate market size is expected to see strong growth in the next few years. It will grow to $2.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to healthcare and cosmetic applications, global economic development, packaging material demand, textile industry expansion, pharmaceutical industry growth. Major trends in the forecast period include global market expansion , automotive safety, innovations in packaging , water treatment solutions.

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=8352&type=smp

Alumina Trihydrate Market Major Segments
The alumina trihydrate market covered in this report is segmented -

1) By Type: Ground, Wet, Dry, Precipitate
2) By Application: Flame Retardant, Filler, Antacid
3) By End-Use Industry: Plastic, Building and Construction, Paints and Coatings, Pharmaceuticals

Key Driver - Rising Demand For Flame Retardants From Construction Industry Propels Growth Of Alumina Trihydrate Market

The rising demand for flame retardants from the construction industry is expected to propel the growth of the alumina trihydrate market. The increasing number of commercial and residential establishments has increased the possibilities of explosions and fire-related accidents. Non-halogenated flame retardants form a protective char in the condensed phase or release free radicals in the event of ignition to slow fire spread. Several countries have made strict fire safety regulations and protocols mandatory. As a result, to meet government regulations, nonflammable retardants are increasingly being used in buildings, thus increasing the demand for alumina trihydrate. For instance, in its 2021 annual report, Nabaltec, a US-based chemical company, stated that the revenue in the 'Specialty Alumina' product segment increased by 24.2%, from USD 46.4 million to USD 57.6 million in 2021. Therefore, the increasing demand for non-halogenated flame retardants is driving the growth of the alumina trihydrate market.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=8352&type=smp

Prominent Trend - Alcoa Corporation's Pioneering Refinery Design Redefining Efficiency And Sustainability

Technological advancements are the key trend gaining popularity in the alumina trihydrate market. Major companies operating in the market are introducing new technologies to improve the quality of non-halogenated flame retardant by making it more efficient. Such advancements enable key players to gain a competitive edge in the market. For instance, in November 2021, Alcoa Corporation, a US-based producer of aluminum, designed an alumina refinery. The company intended to unlock decarburization at scale by using new and innovative technologies to deliver a cost-competitive refinery that will help eliminate fossil fuels in operations, reduce freshwater use, and minimize and eventually eliminate new bauxite residue deposits.

Alumina Trihydrate Market Players
Major companies operating in the alumina trihydrate market report are Albemarle Corporation, Alcoa Corporation, Aluminum Corporation of China Limited, J.M. Huber Corporation, LKAB Minerals AB, MAL-Hungarian Aluminum Producer and Trading Co., Nabaltec AG, National Aluminium Company Limited, SHOWA DENKO K.K., Sumitomo Chemical Co. Ltd., Jinan Chenxu Chemical Co. Ltd., KC Corporation, Hayashi Kasei Co. Ltd., Dadco Group, Alumina Chemicals & Castables, Hindalco Industries Ltd., Southern Ionics Incorporated, Thermo Fisher Scientific Inc., SCR Sibelco NV, R.J. Marshall Company, Alteo, Solvay S.A., Chemtura Corporation, Clariant AG, Imerys SA, Evonik Industries AG, Wacker Chemie AG, BASF SE, Dow Inc., Eastman Chemical Company

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/alumina-trihydrate-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the alumina trihydrate market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the alumina trihydrate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Alumina Trihydrate Market Report Structure
3. Alumina Trihydrate Market Trends And Strategies
4. Alumina Trihydrate Market - Macro Economic Scenario
5. Alumina Trihydrate Market Size And Growth
…..
27. Alumina Trihydrate Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Alumina Trihydrate Global Market Analysis, Trends, Growth, Research And Forecast 2033 here

News-ID: 3537513 • Views:

More Releases from The Business research company

Segment Evaluation and Major Growth Areas in the Personalized Testing and Supplements Market
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future. Market Valuation and Expansion Forecast for Personalized Testing
Top Players and Market Competition in the Skin Microbiome Industry
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry. Projected Expansion in the Skin
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market Landscape
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory. Steady Growth Expected in Upadacitinib Market Size Through 2029 The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Market
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field. Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics

All 5 Releases


More Releases for Alumina

low soda alumina market
"The global low soda alumina market is valued at approximately $1.2 billion in 2024, with projections indicating robust growth, expecting to reach around $1.9 billion by 2034. This indicates a Compound Annual Growth Rate (CAGR) of about 5.2% during the period from 2025 to 2034." On May 26 , 2025, Exactitude Consultancy., Ltd. released a research report titled "Low Soda Alumina Market". This report covers the global Low Soda Alumina market
Non-Metallurgical Alumina Market Size, Growth Opportunities 2031 by Key Manufact …
USA, New Jersey: According to Verified Market Reports analysis, the global Non-Metallurgical Alumina Market size was valued at USD 12.50 Billion in 2024 and is projected to reach USD 18.75 Billion by 2033, exhibiting a CAGR of 5.0% from 2026 to 2033. What is the current outlook of the non-metallurgical alumina market? The non-metallurgical alumina market is experiencing steady growth, driven by increasing demand across industries such as ceramics, electronics, chemicals, and
Activated Alumina Market 2025: Impact of Alumina Supply Expansions, High-Purity …
Industry Developments Impacting the Activated Alumina Market in 2025 The activated alumina market is experiencing significant shifts due to critical developments in the alumina industry, which serves as the primary raw material for activated alumina production. These developments, including new capacity for bauxite-to-alumina conversion and the growing demand for high-purity alumina (HPA) in semiconductor cooling solutions, are expected to have a profound impact on the activated alumina market, its growth trajectory, and
White Fused Alumina Market
The "White Fused Alumina Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global White Fused Alumina Market, 2024-2031 Verified Market Research's most recent report, "White Fused Alumina Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides
Alumina and Calcined Alumina Market Trends Analysis: Exploring Growth Opportunit …
"Alumina And Calcined Alumina Market Accounted For US$ 2187.4 Million In 2020 And Is Estimated To Be US$ 3375.32 Million By 2030 And Is Anticipated To Register A Cagr Of 4.50%. ". With thorough company profiles, recent developments, and other information, the Alumina and Calcined Alumina Market Report provides an in-depth analysis of major trends, motivating reasons, obstacles, segmentation, regulatory policies, and important players. The Alumina and Calcined Alumina Market Report
Alumina Fiber and Alumina Continuous Fiber Market - Global Industry Perspective …
Global Leading Market Research Publisher QYResearch announces the release of its latest report "Global Alumina Fiber and Alumina Continuous Fiber Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application". Based on current situation and impact historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a comprehensive analysis of the global Alumina Fiber and Alumina Continuous Fiber market, including market size, share, demand, industry