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Alumina Trihydrate Market 2019 | Rising Status of Key Players, Industry Size & Share, Growth Factors, New Technologies Revenue Forecast by 2024

Alumina

The “Alumina Trihydrate Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Alumina Trihydrate market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Alumina Trihydrate market is provided in detail in the report.

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Alumina Trihydrate Market Covers Key Players:

  • Aditya Birla Management Corporation Pvt. Ltd.
  • Akrochem Corporation
  • ALMATIS
  • Alteo
  • ALUMINA
  • CHEMICALS & CASTABLES
  • Aluminum Corporation of China Limited (Chalco)
  • Huber Engineered Materials
  • LKAB Minerals AB
  • MAL
  • Magyar Aluminium
  • Nabaltec AG
  • Sibelco
  • Sumitomo Chemical Co., Ltd.

    Market Overview:

  • The market for alumina trihydrate is anticipated to register a CAGR of 5.63% during the forecast period 2019 – 2024. It is also called as Alumina Hydrate, Aluminum Hydroxide, Aluminum Tri Hydroxide, and Aluminum Hydrate.
  • Increasing demand for plastics from various end-user industries are expected to drive the demand for the market during the forecast period.
  • Availability of some non-toxic substitutes such as Magnesium Hydroxide and Calcium Carbonate is likely to hinder the market’s growth.
  • Increasing usage of alumina trihydrate in the new applications such as batteries, chemicals, etc., is projected to act as an opportunity for the market in the future.<

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Alumina Trihydrate Market opportunities and recommendations for new investments

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    Scope of the Report:

  • This report studies the global Alumina Trihydrate market size, industry status and forecast, competition landscape and growth opportunity.

    Key Market Trends:

    Increasing Demand for Plastics

    Alumina trihydrate is majorly used in plastics as a flame retardant. Almost 50% of the alumina trihydrate produced is being used in the plastics industry.
    Plastics are being used in different end-user industries owing to the advantages such as low cost, less weight, durable, water resistant, etc. Some of the major end-user industries include automotive & transportation, construction, electrical & electronics, etc.
    Growing demand for lightweight materials in the automotive industry, in order to provide increased efficiency and design flexibility, is primarily responsible for the growth of the plastics market. High-performance plastics offer manufacturers the advantages of design and comparable strength of steel, which helps in reducing the overall weight and controlling greenhouse gas emissions.
    The building and construction sector is the second-largest application segment for plastics. The demand from developing economies, like China and India, is much more than the demand from developed countries, like United States and United Kingdom. In developed countries, the construction sector is mature, as compared to the construction sector in developing economies, which is growing drastically, fuelled by the growing population and increasing urbanization. It is projected that, by 2021, China and India together are expected to account for around 40% of the global construction industry.
    All the aforementioned factors increase the demand for plastics from various industries. This, in turn, expected to drive the demand for the alumina trihydrate during the forecast period.

    Asia-Pacific Region to Dominate the Market

    Asia-Pacific region dominated the global market share in 2018. With growing demand for plastics and growing building & construction industries in the countries such as China, India, and Japan, the usage of alumina trihydrate is increasing in the region. The market in the region is anticipated to register the highest CAGR during the forecast period.

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    Detailed TOC of Alumina Trihydrate Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Demand for Plastics from Various End-user Industries
    4.1.2 Growing Construction Industrial Activities Across the World
    4.1.3 Other Drivers
    4.2 Restraints
    4.2.1 Availability of Non-Toxic Substitutes
    4.2.2 Other Restraints
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Application
    5.1.1 Flame Retardant
    5.1.2 Antacid
    5.1.3 Filler
    5.1.4 Others
    5.2 End-user Industry
    5.2.1 Plastics
    5.2.2 Coatings
    5.2.3 Glass
    5.2.4 Pharmaceuticals
    5.2.5 Adhesives & Sealants
    5.2.6 Others
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.2.4 Rest of North America
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 Italy
    5.3.3.4 France
    5.3.3.5 Rest of Europe
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Aditya Birla Management Corporation Pvt. Ltd.?
    6.4.2 Akrochem Corporation
    6.4.3 ALMATIS
    6.4.4 Alteo
    6.4.5 ALUMINA – CHEMICALS & CASTABLES
    6.4.6 Aluminum Corporation of China Limited (Chalco)?
    6.4.7 Huber Engineered Materials
    6.4.8 LKAB Minerals AB
    6.4.9 MAL – Magyar Aluminium
    6.4.10 Nabaltec AG
    6.4.11 Sibelco
    6.4.12 Sumitomo Chemical Co., Ltd.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Increasing Usage in Batteries and Chemicals

     

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