Alumina Trihydrate Market Segmentation ,Size, Share, Top Key Players, Growth
Posted by meera on September 2nd, 2021
The recent study, Alumina Trihydrate Market forecasts the business performance of the Alumina Trihydrate market for the forecast period, 2021 to 2027. The study considers the estimated period as the base duration and brings to light the important information associated with the market size, share and growth rate of the 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.
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.
Key Players Profiled in the Report Include:
The Alumina Trihydrate market Share is segmented on the basis of product types and applications offered by the market to impart an easy understanding of the Alumina Trihydrate market operations and covers:
By Product Type:
The global Alumina Trihydrate market Size has been categorized into several significant regions, such as North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. This section of the report analyzes the presence of the global Alumina Trihydrate market across the major regions. It determines the market share, market size, revenue contribution, sales network and distribution channel, and other key elements of each regional segment.
How will this Market Intelligence Report Benefit You?
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About the Authormeera
Joined: April 2nd, 2021
Articles Posted: 232
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