Aluminum Trihydrate Market Overview | Trends, Strategies, Opportunities For 2022-2027
Market Overview
Aluminum trihydrate
(ATH) is an doorless, white powder obtained from the bauxite through bayer
process. ATH is also known as alumina hydrate, aluminium tri-hydroxide, and
aluminium hydroxide. It is widely known for its flame retardant, smoke
suppression, thermal stability, and arc & track resistance properties. It
finds application in various end-use industries such as construction,
electrical, automotive, plastic, paper, and paints & coatings among others.
ATH is widely used in the production of aluminium and other industrial
chemicals such as sodium aluminate, aluminum chloride, and aluminium sulphate
owing to versatility and low cost. Its usage is rapidly increasing in the
construction, plastic and paper industry due to its flame retardant property,.
The product demand is surging from the paints & coatings industry as a
result of improved viscosity and high gloss. ATH is extensively used in the
textile industry owing to rising demand for the waterproof fabrics. The product
consumption is expanding in cosmetics and personal care products for functions
such as skin protectant and opacifier.
Market
Segmentation
The global Aluminum Trihydrate Market Overview is
segmented into applications, end-use industry, and region.
On the basis of the
application, the market is segmented into industrial chemicals, caulks &
sealants, adhesives, wire & cables, coatings, printing inks, ceramics, and
rubber.
Based on the end
use industry, the global aluminum trihydrate market is segmented into
construction, electrical, automotive, paints & coatings, paper, plastic,
textile, pharmaceuticals, and cosmetics & personal care.
On the basis of the
region, the aluminum trihydrate market is segmented into Asia Pacific, North
America, Europe, Latin America, and the Middle East & Africa.
Regional
Analysis
Asia Pacific is
leading the Alumina Trihydrate (Ath) due to the
rising investment in both residential and commercial construction activities.
Initiation of construction projects by the Government of India such as Inland
waterways projects is driving the growth of the ATH market in this region.
Growing demand for the water-based coatings from the automotive industry is
propelling the market growth further.
North America and
Europe are expected to bolster the market growth with increasing demand from
the major end use industries such as construction, automotive, and paints &
coatings among others.
Competitive
Analysis
Some of the key
players in the global aluminum trihydrate market overview are Huber Engineered
Materials (J.M. Huber Corporation, U.S.), Alfa Aesar (U.S.), Sumitomo Chemical
Co., Ltd (Japan), Albemarle Corporation (U.S.), SHOWA DENKO K.K. (Japan), Alcoa
Corporation (U.S.), Aluminium Corporation of China Limited (China), Nabaltec AG
(Germany), NALCO (India), and MAL-Hungarian Aluminium Producer and
Trading Co.
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