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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Alumina Trihydrate Market Size

The global alumina trihydrate industry attained a value of around USD 1.50 billion in 2023. The market is further expected to grow at a CAGR of nearly 5% in the forecast period of 2024-2032.

Global Alumina Trihydrate Market

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Alumina Trihydrate Market Share

The global alumina trihydrate market is experiencing substantial growth, driven by increasing demand across various industries, including plastics, paints, and pharmaceuticals. As a key component in flame retardants and a filler in plastics, alumina trihydrate is vital for enhancing product performance and safety. The market is segmented by application, with the construction and automotive sectors leading in consumption. Key players are focusing on sustainable production methods to meet environmental regulations, which is boosting market share. Additionally, the growing trend toward lightweight materials in the automotive industry is further propelling demand. As the market evolves, innovative applications and advancements in processing technologies will play a crucial role in shaping the future of the alumina trihydrate landscape.

Asia Pacific Significantly Supports the Global Market Growth

Owing to the increase in infrastructure and automobile demand in Asian countries, especially China, alumina trihydrate demand is booming there. Alumina trihydrate is used to ensure safety against fire-related uncertain happenings. Being a flame retardant, it is used in electric wire insulation in buildings and as an effective coating in automobiles. Circuit boards are prospective places where a fire may originate and thus insulating wires and cables with a flame retardant is important. In addition, governmental regulations with respect to fire safety in countries in North America and Europe will drive a stronger demand for it. Alumina trihydrate is a halogen-free flame retardant which will help in surging its demand further as an environment-friendly substitute.

Alumina Trihydrate Industry Segmentation

Alumina trihydrate or aluminium hydroxide is the hydrated oxide of aluminium. It is a white translucent powder with average particle size varying between 80-100 micron. Alumina trihydrate is separated from ore bauxite using the Bayer process. The Bayer process dissolves bauxite, which is aluminium ore, in sodium hydroxide at high temperatures and alumina trihydrate is then separated from the solids remaining after the heating process.

Global Alumina Trihydrate Market

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The market, based on type, comprises of:

  • Ground
  • Dry
  • Wet
  • Precipitate

Based on the application, the market is divided into:

  • Flame Retardant
  • Filler
  • Antacid
  • Smoke Suppressant
  • Others

The end users of the industry are:

  • Plastics
  • Building and Construction
  • Paints and Coatings
  • Pharmaceuticals
  • Glass
  • Rubber
  • Others

The regional markets can be classified into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Global Alumina Trihydrate Market

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Versatility and Application Flexibility of Alumina Trihydrate is Leading to an Expanding Market

Alumina trihydrate is majorly converted into alumina, which is aluminium oxide, that is used in the manufacture of aluminium metal. Aluminium metal is highly demanded in products like cans, foils, aeroplane parts, among others because of its excellent properties. The rise in demand for aluminium drives the demand for its originator, aluminium trihydrate. Additionally, the property of alumina trihydrate being a fire retardant and smoke suppressant also expands its desirability in a variety of industries. It is used as a fire retardant as it releases water molecules at 220 degrees celsius taking heat away from the flame. Its capabilities like high brightness, water insolubility, low oil absorption is utilised in coatings, inks, adhesives, and sealants applications further boosting its demand. Alumina trihydrate is also used as an antacid that can be ingested to buffer the pH within the stomach. It also supports manufacture of many inorganic chemicals like non-ferric alum, poly aluminium chloride, aluminium fluoride, and others. Versatile properties of alumina trihydrate is expected to raise its demand in the forecast period.

Key Industry Players in the Global Alumina Trihydrate Market

The report presents a detailed analysis of the following key players in the global alumina trihydrate market looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Sumitomo Chemical Co., Ltd.
  • Alcoa Corporation        
  • Aditya Birla Management Corporation Pvt. Ltd.
  • J.M. Huber Corporation
  • Aluminum Corporation of China Limited
  • Nabaltec AG
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • End-Use Industry
  • Region
Breakup by Type
  • Ground
  • Dry
  • Wet
  • Precipitate
Breakup by Application
  • Flame Retardant
  • Filler
  • Antacid
  • Smoke Suppressant
  • Others
Breakup by End-Use Industry
  • Plastics
  • Building and Construction
  • Paints and Coatings
  • Pharmaceuticals
  • Glass
  • Rubber
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Sumitomo Chemical Co., Ltd.
  • Alcoa Corporation
  • Aditya Birla Management Corporation Pvt. Ltd.
  • J.M. Huber Corporation
  • Aluminum Corporation of China Limited
  • Nabaltec AG
  • Others
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Alumina Trihydrate Market Report Snapshots

Alumina Trihydrate Market Size

Alumina Trihydrate Market Growth

Alumina Trihydrate Companies
 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global alumina trihydrate market accounted for USD 1.50 billion in 2023.

The market is projected to grow at a CAGR of nearly 5% in the forecast period of 2024-2032.

The major drivers of the product are its rising use in the end-use industries, its performance capabilities like flame retardant, smoke suppressant, high brightness, water insolubility, low oil absorption etc.

The rising use of alumina trihydrate in the manufacture of aluminum metal acts as an industry trend.

The major markets involve North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

The product types in the market include ground, dry, wet, and precipitate.

The alumina trihydrate is used as flame retardant, filler, antacid, smoke suppressant and others.

The end user industries involve plastics, building and construction, paints and coatings, pharmaceuticals, glass, and rubber, among others.

The leading players in the market are Sumitomo Chemical Co., Ltd., Alcoa Corporation, Aditya Birla Management Corporation Pvt. Ltd., J.M. Huber Corporation, Aluminum Corporation of China Limited, and Nabaltec AG, among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124