Precipitated Fine Hydrate Market to Record Ascending Growth by 2026

Demand for precipitated fine hydrate is expected to witness a steady growth during the forecast period. Stringent regulations, especially in Europe and North America, directed towards reducing and eventually replacing halogenated flame retardants have resulted in a significant growth in global non halogenated flame retardants market over the recent past. Moreover, increasing preference for such non-halogenated flame retardants in Asia Pacific region, spearheaded by China is expected to drive growth of global precipitated fine hydrate market during forecast period. Also, steady growth of polymer processing industry – one of the primary consumers of precipitated fine hydrate based flame retardants especially for application in key end use industries such as construction, automotive, and industrial equipment among other industries is expected to propel the growth of global precipitated fine hydrate market during forecast period. Growing use of precipitated fine hydrate as flame retardant in paints and coatings industry is another factor that is expected to fuel growth of market during forecast period.

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Global Precipitated Fine Hydrate market can be segmented on the basis of end user industry and on the basis of regions

Asia-pacific excluding japan (APEJ) is expected to witness relatively faster growth over the forecast period 2016-2026. Growth in the region is expected to be spearheaded, primarily, by countries such as China and India. Increasing demand from plastics, paper processing and rubber industries is expected to drive growth of global precipitated fine hydrate market in these countries during forecast period. Europe and North America accounted for significant share in global precipitated fine hydrate market over the recent past. These mature markets are expected to register relatively slower growth in terms of volume over forecast period as compared to Asia Pacific region.

Some of the identified players operating in global precipitated fine hydrate market include Huber Engineered Materials, Hindalco Industries Limited, Alteo, and The R.J. Marshall Company, among others. Some of these companies have focused on increasing precipitated fine hydrate production capacities so as to better cater to the increasing demand for the chemical over the forecast period.

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The precipitated fine hydrate market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, and end use industries.

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