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Alumina Trihydrate Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Huber Engineered Materials (J.M. Huber Corporation, U.S.), Alfa Aesar (U.S.), Sumitomo Chemical Co., Ltd (Japan)

22 Feb, 2022 | 183 Pages
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Registering a CAGR of 5.4% over the forecast period of 2022-2027, the global Alumina Trihydrate market is anticipated to reach the market value of 1.99 Billion in the year 2027 from USD 1.68 Billion in the year 2021.



Alumina Trihydrate Market Overview



Alumina trihydrate is a white-colored, fragrance-free, non-toxic, chemically inert, less abrasive powder-formed solid substance. It is also identified as aluminum trihydroxide. Alumina trihydrate has very low water solubility, but it is considered amphoteric, significance it dissolves in both strong alkali and acids. It is generally resultant from bauxite ore in various sizes and refined through the bayer process. Once the chemical is washed away, it can turn as a feedstock for a range of alumina chemicals. When alumina trihydrate is heated at 180°C, it decomposes to aluminum oxide and water and aluminum oxide is extensively used as flame retardant.



Alumina trihydrate is the most economic and extensively used flame retardant and smoke suppressant in the plastics industry. Plastic is used across almost every sector, including to produce packaging, in building and construction, in textiles, consumer products, transportation, electrical and electronics, and industrial machinery. China is the largest producer and consumer of plastics at a global level. China is the largest producer of plastics (25.6%) followed by Europe (20.1%) and the US (19.7%). Thus, demand for it is anticipated to increase, especially from China’s plastic market.



Global alumina trihydrate market is foreseen to record considerable growth through 2028 due to the growing consumer demand for the compound in diverse applications and end-user industries, like paints and coatings, flame retardants, and more.





Industry News And Developments:



September 21, 2020: HUBER ANNOUNCES PLANS TO PREPARE FOR A MAJOR SUSTAINABILITY PROJECT, A NEW POWER PLANT AT MARTINSWERK-- 

The Fire Retardant Additives division of Huber Engineered Materials (HEM), a portfolio business of J.M. Huber Corporation (Huber), announces it is preparing a plan for a major sustainability project and substantial investment in a new power plant at its Martinswerk facility in Bergheim, Germany. The project consists of a proposed replacement of the current lignite power plant with a natural gas-fired cogeneration power plant to produce 100% of the required steam (thermal energy) and electricity demand for the production site. Doing so should result in significant sustainability benefits, including a 40% reduction in carbon dioxide emissions, a 100% reduction of ash by-products and the elimination of daily lignite truck traffic to the site, which also decreases traffic and emissions throughout the local community.



What are the major Applications, Types and Regions for Alumina Trihydrate Market?



Alumina Trihydrate Market is segmented based on the type, applications, companies and regions.



By Type, it is segmented into




  • Ground

  • Dry

  • Wet

  • Precipitate

  • Others



By Applications, it is segmented into




  • Flame Retardant

  • Filler

  • Antacid

  • Smoke Suppressant

  • Others



By End User it is segmented into




  • Plastics

  • Building and Construction

  • Paints and Coatings

  • Pharmaceuticals

  • Glass

  • Rubber

  • Others



Alumina Trihydrate Market Regional Analysis



Region, Asia Pacific is projected to witness the maximum progress in the aluminium trihydrate industry. The growth is attributed to the growing adoption of the product in the pharmaceutical industry. Further, the higher utilization of aluminium trihydrate as a catalyst for various purposes will fuel the market growth. The growing use of the product in the automobile and plastic industries will fuel the market growth in Europe, in which the UK and Germany are leading countries. The high use of the product in the water treatment and construction will aid to propel sustainable market growth in North America. The Middle East & Africa is anticipated to witness significant growth, owing to the adoption of the aluminium trihydrate in the paints and coatings purposes.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Alumina Trihydrate Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Alumina Trihydrate Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Alumina Trihydrate Market report scope?



























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 5.4% over the forecast period (2022-2027)



By Type




  • Ground

  • Dry

  • Wet

  • Precipitate

  • Others



By Application




  • Flame Retardant

  • Filler

  • Antacid

  • Smoke Suppressant

  • Others



By End-User




  • Plastics

  • Building and Construction

  • Paints and Coatings

  • Pharmaceuticals

  • Glass

  • Rubber

  • Others



By Companies



Huber Engineered Materials (J.M. Huber Corporation, U.S.), Alfa Aesar (U.S.), Sumitomo Chemical Co., Ltd (Japan), Albemarle Corporation (U.S.), SHOWA DENKO K.K. (Japan), Alcoa Corporation (U.S.), Aluminum Corporation of China Limited (China), Nabaltec AG (Germany), NALCO (India), MAL-Hungarian Aluminum Producer and Trading Co



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



183



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Alumina Trihydrate Report




  • Evaluate Alumina Trihydrate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Alumina Trihydrate market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



Frequently Asked Questions



What is the growth rate of Alumina Trihydrate Market?



The Alumina Trihydrate Market is growing at a CAGR of 5.4% over the next 5 years.



Who are the key players in Alumina Trihydrate Market?



Huber Engineered Materials (J.M. Huber Corporation, U.S.), Alfa Aesar (U.S.), Sumitomo Chemical Co., Ltd (Japan), Albemarle Corporation (U.S.), SHOWA DENKO K.K. (Japan), Alcoa Corporation (U.S.), Aluminum Corporation of China Limited (China), Nabaltec AG (Germany), NALCO (India), MAL-Hungarian Aluminum Producer and Trading Co



What are the significant types of Alumina Trihydrate Market?



Ground, Dry, Wet, Precipitate, Others



What are the major end-use applications of Alumina Trihydrate Market?



Flame Retardant, Filler, Antacid, Smoke Suppressant, Others



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL ALUMINA TRIHYDRATE MARKET BY TYPES

    3. GLOBAL ALUMINA TRIHYDRATE MARKET BY APPLICATIONS

    4. GLOBAL ALUMINA TRIHYDRATE MARKET BY END USERS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR ALUMINA TRIHYDRATE



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. ALUMINA TRIHYDRATE GROWTH

      2. APPLICATION OF ALUMINA TRIHYDRATE



    4. IMPACT OF COVID 19



  5. GLOBAL ALUMINA TRIHYDRATE MARKET, BY TYPES

    1. INTRODUCTION

    2. GROUND

    3. DRY

    4. WET

    5. PRECIPITATE

    6. OTHERS



  6. GLOBAL ALUMINA TRIHYDRATE MARKET, BY APPLICATION

    1. INTRODUCTION

    2. FLAME RETARDANT

    3. FILLER

    4. ANTACID

    5. SMOKE SUPPRESSANT

    6. OTHERS



  7. GLOBAL ALUMINA TRIHYDRATE MARKET, BY END USERS

    1. INTRODUCTION

    2. PLASTICS

    3. BUILDING AND CONSTRUCTION

    4. PAINTS AND COATINGS

    5. PHARMACEUTICALS

    6. GLASS

    7. RUBBER

    8. OTHERS



  8. GLOBAL ALUMINA TRIHYDRATE MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  9. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  10. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. HUBER ENGINEERED MATERIALS (J.M. HUBER CORPORATION, U.S.)

      2. ALFA AESAR (U.S.)

      3. SUMITOMO CHEMICAL CO., LTD (JAPAN)

      4. ALBEMARLE CORPORATION (U.S.)

      5. SHOWA DENKO K.K. (JAPAN)

      6. ALCOA CORPORATION (U.S.)

      7. ALUMINUM CORPORATION OF CHINA LIMITED (CHINA)

      8. NABALTEC AG (GERMANY)

      9. NALCO (INDIA)

      10. MAL-HUNGARIAN ALUMINUM PRODUCER AND TRADING CO





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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