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The Global Alumina Trihydrate Market is Projected to Reach US$ 1.9 Billion by 2025 Growing at a CAGR of 5.2%

The global market for Alumina Trihydrate (ATH) is projected to reach US$1.9 billion by 2025, driven by robust applications in coatings, inks, adhesives, caulks, sealants and most importantly as non-halogen flame retardant and smoke suppressant.

Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Alumina Trihydrate market. Report segmentation include Application (Flame Retardant, Filler, Antacid, Other Applications); and End-Use Industry (Plastics, Building & Construction, Pharmaceuticals, Paints & Coatings, Other End-Use Industries).

10 June 5:58 A.M., California/Marketwire/ - According to the new market research report, the global market for Alumina Trihydrate (ATH) is projected to reach US$1.9 billion by 2025, driven by robust applications in coatings, inks, adhesives, caulks, sealants and most importantly as non-halogen flame retardant and smoke suppressant. The market is expected to decline in the year 2020 before recovering to reach a revised market size and reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Key benefits of ATH driving its use as a versatile pigment include dehydration at 428 degree F that makes it a perfect flame retardant and smoke suppressant; high brightness which allows for adding into colors without the risk of darkening; low oil absorption and viscosity stability; median particle size ranging from 1 micron to 80 microns; reflactive index of 1.57 which helps impart strength, transparency or translucency; non-abrasive; easy dispersability; chemically inert which makes it Stain, scrub, water resistant and UV transparent; thermal conductivity; non-toxic; non-halogen; and low impurities which means faster cure in thick UV cured systems; compatibility with cationic and or anionic systems which offers flexibility in the choice of polymers.

Growth in the market is especially benefiting from the growing demand for non-halogenated flame retardants as a safer alternative to poly-brominated retardants. Environmental and public health crackdown on halogenated flame retardants and the superior qualities of non-halogenated flame retardants are indirectly creating opportunities for the use of ATH in the manufacture of non-halogenated flame retardants. The current state of bauxite mining is also of importance and significance to the market since a vast majority of aluminium trihydrate is derived from bauxite ore. Globally, countries rich in bauxite reserves include Guinea, Australia, Vietnam, Brazil, Jamaica, China, Indonesia with 7,400, 6,000, 3,700, 2,600, 2,000, 1,000, and 1,200 million metric tons of resources respectively. These countries account for over 79% of the world's bauxite reserves. Healthy demand and supply at all points of the value chain is important for stable prices of Alumina. Currently, however fears of supply disruptions and a possible spike in prices are a rife in the market, as Brazil the world's fourth largest bauxite market voiced plans to ban upstream tailings dams and completely decommission them by the year 2023.

Bauxite Mining companies in Brazil that operate 'upstream' tailings dams include Mineracao Rio do Norte (MRN), Mineracao Paragominas, Alcoa and Companhia Brasileira de Aluminio (CBA). The regulatory tightening is the fallout of the failure of an upstream dam at Vale's Corrego do Feijao mine resulting the death of over 160 miners. Other major trends influencing growth in the market include rapid urbanization in developing countries and the resulting use of ATH in plastics, paint and coatings, and construction; legislation of stringent fire safety regulations and building codes that support proliferation of fire suppression systems; expanding use in water treatment as regulatory authorities tighten the screws on industrial effluent treatment and discharge; growing healthcare burden and robust drug production of aluminium-based pharmaceutical compounds; high per capita consumption of plastic products.

Key Competitors Covered in the Report
Akrochem Corporation
Almatis
Alteo
Aluminium Corporation of China Limited
Hindalco
Huber Engineered Materials
LKAB Minerals AB
MAL Hungarian Aluminium Production and Trade Company
Nabaltec AG
NALCO
SHOWA DENKO K.K.
Southern Ionics Incorporated
TOR Minerals

Geographies Analyzed in the Report
USA
Canada
Japan
China
Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe)
Asia-Pacific (Australia, India, South Korea and Rest of Asia-Pacific)
Latin America (Argentina, Brazil, Mexico and Rest of Latin America)
Middle East (Iran, Israel, Saudi Arabia, United Arab Emirates, and Rest of Middle East)
Africa

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Research Methodology
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 462. Among this pool, 92 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 18 unique participations, a total of 8 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.

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