Alumina Trihydrate Market To Reach USD 2.36 Billion By 2026
Market Summary By the increase demand for flame retardant material, increase in usage of ATH in paint and coating industries are the factors for the growth of the Alumina Trihydrate Market. Market Size – USD 1.54 Billion in 2018, Market Growth - CAGR of 5.6%, Market Trends –Development of new composition and enhancement in the properties of alumina trihydrate is in trend in Alumina Trihydrate Market
The global Alumina Trihydrate Market was valued at USD 1.54 Billion in 2018 and is expected to reach USD 2.36 Billion by year 2026, 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.
Market Summary Our Approach 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. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1679
Market Summary Our Approach Key participants Are 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. 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
Market Summary Our Approach Regional Outlook (Revenue, USD Million; 2019-2026, and Volume Metric Tons-2026) • North America • Europe • Asia Pacific • Middle East & Africa • Latin America Order Now: https://www.reportsanddata.com/checkout-form/1679
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