Alumina Trihydrate Market, By End-use Industry (Plastic Industry, Paper Industry, Paints & Coatings Industry, Adhesives Industry, Chemicals Industry, Pharmaceuticals Industry, Others), By Regions (North America, Latin America, Western Europe, Eastern Euro

Alumina Trihydrate Market, By End-use Industry (Plastic Industry, Paper Industry, Paints & Coatings Industry, Adhesives Industry, Chemicals Industry, Pharmaceuticals Industry, Others), By Regions (North America, Latin America, Western Europe, Eastern Europe, Middle East and Africa, Asia Pacific, excluding Japan, Japan) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Alumina Trihydrate, also known as Alumina Hydrate/Hydrate Alumina, ATH (Aluminium Tri Hydroxide), Aluminum Hydroxide and Aluminium Hydrate is an odorless white powder. Although, it exhibits very low solubility in water, alumina trihydrate is amphoteric in nature, which means that it will dissolve in acid or a strong alkali. Alumina Trihydrate is majorly produced through the Bayer process where the bauxite (Aluminium Ore) is dissolved in sodium hydroxide at high temperatures. After the reaction, alumina trihydrate is removed/separated from the remaining solids. These remaining solids are highly toxic in nature and presents environmental issues.
Market Dynamics
Among end-use applications, use of Alumina Trihydrate in pharmaceutical industries is expected to gain traction during the forecast period. Alumina trihydrate is used in the formulation of antacid medicine which can be ingested in order to buffer the pH within the stomach. Therefore, significant growth in the pharmaceutical industry is expected to help drive the Alumina Trihydrate market growth. For instance, According to International Trade Association, China is the second largest pharmaceutical market worldwide and the pharmaceutical market of China was valued at US$ 108 billion in 2015, and is expected to reach US$ 167 billion by 2020, witnessing a CAGR of 9.1%. Moreover, China's total public and private healthcare expenditure was valued at US$ 640 billion in 2015, and expected to reach US$ 1.1 trillion by 2020.
Among regions, Asia Pacific is expected to hold dominant position in the market during the forecast period, owing to the increasing use of Alumina Trihydrate as a flame retardant from various end-use industries such as construction, automotive, among others. Significant growth in the automotive industry in emerging economies of the region such as China and India is expected to fuel demand for alumina trihydrate in the region. For instance, according to the U.S. International Trade Organization (ITA) 2017, China was the world’s largest vehicle market, reporting sales of over 28 million units in 2016, which is expected to reach 35 million units by 2025.
Key features of the study:
This report provides in-depth analysis of Alumina Trihydrate market and provides market size (MT and US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global Alumina Trihydrate market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include, Alfa Aesar, Sumitomo Chemical Co. Ltd., Albemarle Corporation, Nabaltec AG, Huber Engineered Materials (J. M. Huber Corporation), Showa Denko K.K., NALCO, MAL Zrt., Alcoa Inc., and Aluminum Corp. of China Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
The global Alumina Trihydrate market report caters to various stakeholders in this industry including investors, suppliers, Alumina Trihydrate manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Alumina Trihydrate market
Detailed Segmentation:
Global Alumina Trihydrate Market, By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Global Alumina Trihydrate Market, By Geography:
North America
U.S.
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Canada
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Europe
U.K.
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Germany
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Italy
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
France
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Russia
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Rest of Europe
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Asia Pacific
China
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
India
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Japan
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
ASEAN
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Australia
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
South Korea
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Rest of Asia Pacific
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Latin America
Brazil
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Mexico
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Rest of Latin America
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Middle East
GCC
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Israel
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Rest of Middle East
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Africa
North Africa
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Central Africa
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
South Africa
By End-use Industry
Plastic Industry
Paper Industry
Paints & Coatings Industry
Adhesives Industry
Chemicals Industry
Pharmaceuticals Industry
Others
Company Profiles
Alfa Aesar *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Sumitomo Chemicals Co. Ltd
Albemarle Corporation
Nabaltec AG
Huber Engineered Materials (J. M. Huber Corporation
Showa Denko K.K
Nalco
MAL Zrt
Alcoa Inc.
Aluminum Corp. of China Ltd
“*” marked represents similar segmentation in other categories in the respective section.