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Global Alumina Trihydrate Market: Overview

Alumina trihydrate is a white-colored, odorless, non-toxic, chemically inert, less abrasive powder-formed solid substance. It is also known as aluminum trihydroxide. Alumina trihydrate has very low water solubility, but it is considered amphoteric, meaning it dissolves in both strong alkali and acids. It is usually derived from bauxite ore in different sizes and refined through the bayer process. Once the chemical is washed away, it can act as a feedstock for a range of alumina chemicals. When alumina trihydrate is heated at 180°C, it decomposes to aluminum oxide and water and aluminum oxide is widely used as flame retardant.

Global Alumina Trihydrate Market: Drivers & Restrains

The alumina trihydrate market is driven by strict regulations imposed by governments of various countries on the use of flame retardants in furniture and construction activities. The market is also driven by increase in demand for alumina trihydrate from the flame retardant plastics in automotive industry and the water treatment industry. Moreover, demand for alumina trihydrate is high from the paints, coating, and paper industries due to it cost effectiveness. This is a key factor driving the alumina trihydrate market. However, availability of alternatives for alumina trihydrate are expected to restrain the market. Increase in preference for magnesium hydroxide as an antacid in the pharmaceuticals industry can pose a challenge for the alumina trihydrate market.

Alumina trihydrate is used in the manufacture of aluminum, adhesives, coatings, wires & cables, caulks & sealants, rubbers, paper, and carpet backing. The most common application of alumina trihydrate is in the production of aluminum. It is used as a flame retardant in rubber products and carpet backing and as a smoke suppressant filler in polymers. Alumina trihydrate is also used in the pharmaceutical industry as an antacid that can be used to buffer the pH in the stomach.

Based on end-use industry, the alumina trihydrate market can be segmented into paints & coatings, paper & pulp, plastics & polymers, cosmetics & personal care, adhesives, chemicals, pharmaceuticals, and others.

Global Alumina Trihydrate Market: Regional Outlook

In terms of geography, the alumina trihydrate market can be categorized into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America accounts for significant demand for alumina trihydrate. The U.S. is a leading consumer of alumina trihydrate due to significant demand for the material from the construction industry. North America is followed by Europe in terms of demand. The demand in Europe is high due to increase in demand for paints & coatings in the automotive industry. The alumina trihydrate market in Asia Pacific is expanding at a rapid pace owing to the rapidly developing construction industry in the region and rise in investment in infrastructure by the government. The demand for alumina trihydrate is high in countries such as Japan, China, and India. The alumina trihydrate market in India is anticipated to expand at a prominent pace in the Asia Pacific region. Demand for aluminum trihydrate in Latin America is rising rapidly due to the expanding construction industry in Brazil, Argentina, and Colombia. The market in Middle East & Africa is likely to show rapid growth due to a robust construction industry, especially in UAE.

Global Alumina Trihydrate Market: Key Players

Some of the key players in the global aluminum trihydrate market are Alfa Aesar, Albemarle Corporation Huber Engineered Materials, Sumitomo Chemical Co., Ltd, SHOWA DENKO K.K., Alcoa Corporation, Aluminium Corporation of China Limited, Nabaltec AG, NALCO, and MAL-Hungarian Aluminium Producer and Trading Co. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Alumina Trihydrate Market

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