PUBLISHER: Value Market Research | PRODUCT CODE: 1578315
PUBLISHER: Value Market Research | PRODUCT CODE: 1578315
The global demand for Alumina Trihydrate Market is presumed to reach the market size of nearly USD 7.59 Billion by 2032 from USD 4.4 Billion in 2023 with a CAGR of 6.25% under the study period 2024-2032.
Alumina trihydrate is compound in powdered form which is white in color and also non-toxic, chemically inert, less abrasive and halogen-free compound. Alumina trihydrate is usually derived from bauxite ore. It is also used as flame retardant when alumina trihydrate decomposes to aluminum oxide and water treated at 180C. Alumina trihydrate is extensively used in wooden furniture, paints and coatings, tapestry, and construction aggregate.
The increasing use of alumina trihydrate as a substitute for titanium dioxide pigments in paints and coatings and paper industry is driving the market growth. Additionally, rising demand for alumina trihydrate as a fire retardant owing to increasing concern regarding safety standards in buildings is also pushing the market growth. On the downside, availability of substitute such as magnesium hydroxide which acts as better antacid could challenge the market demand.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Alumina Trihydrate. The growth and trends of Alumina Trihydrate industry provide a holistic approach to this study.
This section of the Alumina Trihydrate market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Alumina Trihydrate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Alumina Trihydrate market include Nabaltec AG, Nalco India, Almatis, Akrochem Corp., ALTEO, TOR Minerals, LKAB Minerals, Hindalco Industries Ltd., The R.J. Marshall Company, Huber Advanced Materials, Sumitomo Chemical Co. Ltd., Southern Ionics Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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