Aluminum Trihydrate (ATH) Market to Exhibit a Remarkable CAGR of 7.0% by 2031, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Global aluminum trihydrate (ATH) market size was valued at USD 2.46 billion in 2023 and is projected to reach USD 4.23 billion by 2031, with a CAGR of 7.0% during the forecast period of 2024 to 2031.

Market Definition:

Aluminum trihydrate (ATH), also known as alumina trihydrate, is a white, crystalline powder that is chemically inert and non-toxic. It is derived from bauxite ore through the Bayer process and is used in various industries as a flame retardant and smoke suppressant. ATH releases water vapor when exposed to high temperatures, which helps to cool the material and dilute flammable gases, thereby slowing down the spread of flames.

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Some of the major players operating in the market are:

Huber Group Holding SE (Germany), Alfa Aesar (U.S.), Thermo Fisher Scientific (U.S.), Sumitomo Chemical Co., Ltd. (Japan), Albemarle Corporation (U.S.), Showa Denko K.K. (Japan), Alcoa Corporation (U.S.), Aluminium Corporation of China Limited (China), Nabaltec AG (Germany), NALCO India (India), M.A.L. (Magyar Alumínium Termelo és Kereskedelmi Zrt (Hungary), Hindalco Industries Ltd (India), Magna International Inc. (Canada), Norsk Hydro ASA (Norway), Dubai Aluminium Company Ltd. (U.A.E.), KOBE STEEL LTD. (Japan), Rio Tinto (U.K.), Constellium (France), Eramet (France), RusAL (Russia), TALCO ALUMINIUM COMPANY (Tajikistan).

Competitive Landscape and Aluminum Trihydrate (ATH) Market Share Analysis :

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

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