The global alumina trihydrate market size is projected to grow at a significant CAGR of around 6% during the forecast period from 2021 to 2027. The rising demand for flame retardant products is a major factor driving the growth of the market. The rising demand for engineering plastics in automotive, electronics, and construction is expected to drive demand for flame retardants, which is projected to drive the growth of the market. Furthermore, the growing paint and coating industry is expected to drive the growth of the market due to the growing automotive and construction industry. However, the availability of alternative products such as magnesium hydroxide is expected to restrain the market growth.
The report titled "Alumina Trihydrate Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2021 – 2027" offers a holistic view of the Alumina Trihydrate industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Alumina Trihydrate market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Alumina Trihydrate Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Alumina Trihydrate Market Segmentation:
- Flame Retardant
By End-Use Industry:
- Building & Construction
- Paints & Coatings
· North America
· Asia Pacific
· Latin America
· Middle East & Africa
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List of Key companies:
- Sumitomo Chemical Company, Limited
- Hindalco Industries Limited
- Aluminum Corporation of China Limited
- Nabaltec AG
- Huber Engineered Materials
- National Aluminium Company Ltd.
- SCR Sibelco nv
- J. Marshall Company
- Southern Ionics Incorporated
- Alumina Chemicals & Castables
Key Questions Answered by Alumina Trihydrate Market Report
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- number of employees and market concentration, among others
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