Alumina Trihydrate Market - Growth, Trends, and Forecast (2019 - 2024)

The market is segmented by Application (Flame Retardant, Antacid, Filler, and Others), by End-user Industry (Plastics, Coatings, Glass, Pharmaceuticals, Adhesives & Sealants, and Others), and Geography

Market Snapshot

Market Summary - Alumina Trihydrate Market
Study Period:

2016-2024

Base Year:

2018

Fastest Growing Market:

Asia Pacific

Largest Market:

Asia Pacific

Key Players:

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Market Overview

The market for alumina trihydrate is anticipated to register a CAGR of 5.63% during the forecast period 2019 – 2024. It is also called as Alumina Hydrate, Aluminum Hydroxide, Aluminum Tri Hydroxide, and Aluminum Hydrate.

  • Increasing demand for plastics from various end-user industries are expected to drive the demand for the market during the forecast period.
  • Availability of some non-toxic substitutes such as Magnesium Hydroxide and Calcium Carbonate are likely to hinder the market’s growth.
  • Increasing usage of alumina trihydrate in the new applications such as batteries, chemicals, etc., is projected to act as an opportunity for the market in future.

Scope of the Report

The global alumina trihydrate report includes:

Application
Flame Retardant
Antacid
Filler
Others
End-user Industry
Plastics
Coatings
Glass
Pharmaceuticals
Adhesives & Sealants
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Demand for Plastics

  • Alumina trihydrate is majorly used in plastics as a flame retardant. Almost 50% of the alumina trihydrate produced is being used in the plastics industry.
  • Plastics are being used in different end user industries owing to the advantages such as low cost, less weight, durable, water resistant, etc. Some of the major end-user industries include automotive & transportation, construction, electrical & electronics, etc.
  • Growing demand for lightweight materials in the automotive industry, in order to provide increased efficiency and design flexibility, is primarily responsible for the growth of the plastics market. High-performance plastics offer manufacturers the advantages of design and comparable strength of steel, which helps in reducing the overall weight and controlling greenhouse gas emissions.
  • The building and construction sector is the second-largest application segment for plastics. The demand from developing economies, like China and India, is much more than the demand form developed countries, like United States and United Kingdom. In developed countries, the construction sector is mature, as compared to the construction sector in developing economies, which is growing drastically, fuelled by the growing population and increasing urbanization. It is projected that, by 2021, China and India together are expected to account for around 40% of the global construction industry.
  • All the aforementioned factors, increases the demand for the plastics from various industries. This, in turn, expected to drive the demand for the alumina trihydrate during the forecast period.
Segmentation - Alumina Trihydrate Market

To understand key trends, Download Sample Report

Asia-Pacific Region to Dominate the Market

Asia-Pacific region dominated the global market share in 2018. With growing demand for plastics and growing building & construction industries in the countries such as China, India, and Japan, the usage of alumina trihydrate is increasing in the region. The market in the region is anticipated to register the highest CAGR during the forecast period.

Regional - Alumina Trihydrate Market

To understand geography trends, Download Sample Report

Competitive Landscape

The alumina trihydrate market is partially consolidated. In terms of market share, few of the major players currently dominate the market. Key players in the alumina trihydrate market include Nabaltec AG, ALMATIS, Huber Engineered Materials, LKAB Minerals AB, and other prominent players include Aditya Birla Management Corporation Pvt. Ltd., Akrochem Corporation, ALUMINA - CHEMICALS & CASTABLES, and Aluminum Corporation of China Limited (Chalco), among others.

Major Players

  1. Nabaltec AG
  2. ALMATIS
  3. Huber Engineered Materials
  4. LKAB Minerals AB

* Complete list of players covered available in the table of contents below

Market Concentration - Alumina Trihydrate Market

Download the market shares of key players in this industry.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand for Plastics from Various End-user Industries

      2. 4.1.2 Growing Construction Industrial Activities Across the World

      3. 4.1.3 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Availability of Non-Toxic Substitutes

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porters 5 Force Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Application

      1. 5.1.1 Flame Retardant

      2. 5.1.2 Antacid

      3. 5.1.3 Filler

      4. 5.1.4 Others

    2. 5.2 End-user Industry

      1. 5.2.1 Plastics

      2. 5.2.2 Coatings

      3. 5.2.3 Glass

      4. 5.2.4 Pharmaceuticals

      5. 5.2.5 Adhesives & Sealants

      6. 5.2.6 Others

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

        4. 5.3.2.4 Rest of North America

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 Italy

        4. 5.3.3.4 France

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Aditya Birla Management Corporation Pvt. Ltd.

      2. 6.4.2 Akrochem Corporation

      3. 6.4.3 ALMATIS

      4. 6.4.4 Alteo

      5. 6.4.5 ALUMINA - CHEMICALS & CASTABLES

      6. 6.4.6 Aluminum Corporation of China Limited (Chalco)

      7. 6.4.7 Huber Engineered Materials

      8. 6.4.8 LKAB Minerals AB

      9. 6.4.9 MAL - Magyar Aluminium

      10. 6.4.10 Nabaltec AG

      11. 6.4.11 Sibelco

      12. 6.4.12 Sumitomo Chemical Co., Ltd.

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Increasing Usage in Batteries and Chemicals

**Subject to Availability

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please Enter a Valid Message!


Complete your payment details below

Shipping & Billing Information

Payment Information