Alumina Trihydrate Market
Request for Sample report @ http://bit.ly/2M1rcxq Asia Pacific led by Japan, China and India alumina trihydrate market is likely to experience significant growth in the projected timeline owing to it application in pharmaceutical industry. Growing investment in healthcare along with adoption of healthier lifestyle is likely to drive regional market size.
Request for Sample report @ http://bit.ly/2M1rcxq
Asia Pacific led by Japan, China and India alumina trihydrate market is likely to experience significant growth in the projected timeline owing to it application in pharmaceutical industry. Growing investment in healthcare along with adoption of healthier lifestyle is likely to drive regional market size.
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<strong>Alumina</strong> <strong>Trihydrate</strong> <strong>Market</strong> anticipated to witness healthy CAGR over 2019-<br />
2025: Global <strong>Market</strong> Insights, Inc.<br />
According to a new research report by the market research and strategy consulting<br />
firm, Global <strong>Market</strong> Insights, Inc, <strong>Alumina</strong> <strong>Trihydrate</strong> <strong>Market</strong> size is anticipated to grow<br />
significantly in the forecast timeframe owing to its application in construction,<br />
automobile, plastics, electrical, textile, paper, glass and rubber industries. It is also<br />
known as aluminum hydroxide and is a feedstock for other aluminum chemicals<br />
including calcined alumina, poly-aluminum chloride, aluminum sulfate, sodium<br />
aluminate and aluminum nitrate. Growing demand for plastics for composite materials<br />
is likely to drive market growth owing to its flame-retardant properties.<br />
The product is an amphoteric compound and occurs naturally in the form of gibbsite,<br />
bayerite, nordstrandite and doyletie. It is a white crystalline and non-abrasive powder<br />
commercially manufactured by dissolving sodium hydroxide and bauxite. Product<br />
properties including chemical inertness, thermal conductivity, flame retardants and<br />
smoke suppression is likely to foster alumina trihydrate market growth.<br />
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The product is a major mineral fire-retardant functioning on the principle of<br />
endothermic decomposition. It is used in production of flame-retardant plastics<br />
including polyethylene and polyvinyl chloride (PVC) along with usage in electronics<br />
application in fireproof wires & cables and in furnishing industry for carpet back<br />
coatings. These factors are likely to promote alumina trihydrate market demand in<br />
forecast timeline.<br />
aluminum hydroxide size is likely to grow due to its application in high gloss<br />
architectural and premium semi-gloss coatings owing to its property to impart balance<br />
of contrast ratio and tint strength. The product extends the coating without darkening<br />
unlike other mineral extenders. It is preferred over titanium dioxide owing to its higher<br />
brightness and lower cost. The products lack of milkiness in mass tone colors and<br />
anti-corrosive properties finds extensive use in paint and coating industry. Rising<br />
product demand from construction industry is likely to drive paints and coatings<br />
market, thereby positively influencing aluminum hydroxide market size.<br />
<strong>Alumina</strong> trihydrate market size is poised to grow owing to its usage in chemical<br />
operations including filtering medium, ion exchange and chromatography devices.<br />
Product derivative exhibit performance characteristics for effluent water treatment in<br />
oil, chemical, paper, textile, food and dairy industries. It works on removal through<br />
floatation or suppression by neutralizing negative charge on colloidal and suspended<br />
matter. The product also promotes efficient dewatering and sludge digestion.<br />
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Depleting freshwater sources in along with stringent environmental norms would<br />
propel industrial wastewater treatment market, which will thereby propel product<br />
demand.<br />
The product is also used in the pharmaceutical industry as an antacid and helps in<br />
acidity reduction it is also ingested to control elevated phosphate level in bloods which<br />
if left unchecked can cause kidney failure. Changing lifestyle and food habits along<br />
with rising concerns of medication is likely to foster industry growth. Global antacid<br />
market is likely to grow over USD 18.5 billion by 2025, thus driving alumina trihydrate<br />
market value by 2025.<br />
Aluminum hydroxide is used in vaccines as a pharmacological and immunological<br />
agent to boost immune response by increasing antibodies. Vaccine formulations with<br />
aluminum hydroxide can stimulate immune system of the body by inducing uric acid<br />
release. Global vaccine market is likely to reach USD 65 billion by 2027 which may<br />
fuel product demand by 2025.<br />
Aluminum hydroxide in powder or dust form might cause irritation in skin eye and<br />
respiratory tract. Ingestion of product would likely have harmful and adverse effect on<br />
humans. The product is advised to be stored in cool dry and ventilated place. It is<br />
suggested to be covered when not in use. These factors along with availability of<br />
alternative chemicals might adversely affect industry profitability and alumina<br />
trihydrate market price trend.<br />
Europe led by France, Italy, UK, Germany market size is projected to grow over<br />
forecast timeframe. Strict environmental regulations regarding sewage water<br />
disposition is likely to drive regional product demand. Wastewater treatment chemicals<br />
market size is poised to surpass USD 8.5 billion by 2027 which would drive product<br />
demand in forecast timeframe.<br />
North America led by Mexico, Canada and the U.S. alumina trihydrate market size is<br />
likely to grow over the forecast timeframe owing to rising demand from fire safe<br />
applications in construction and automobile industries. Stringent safety regulations for<br />
fire safety would propel industry size owing to its flame retardant and smoke<br />
suppression properties.<br />
Asia Pacific led by Japan, China and India alumina trihydrate market is likely to<br />
experience significant growth in the projected timeline owing to it application in<br />
pharmaceutical industry. Growing investment in healthcare along with adoption of<br />
healthier lifestyle is likely to drive regional market size.<br />
Global alumina trihydrate market share is slightly consolidated. Key players include<br />
Akrochem Corporation, Huber Engineered Materials, Almatis, LKAB Minerals AB,<br />
Aluminum Corporation of China Ltd. (Chalco), Nabaltec AG, Aditya Birla Management<br />
Corporation Pvt. Ltd., Albemarle Corporation <strong>Alumina</strong> - Chemicals & Castables, Alfa<br />
Aesar, and MAL-Hungarian Aluminium Producer and Trading Co.<br />
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<strong>Alumina</strong> <strong>Trihydrate</strong> <strong>Market</strong>, By Application, 2014-2025 (Tons) (USD Million)<br />
• Fire Retardant<br />
• Coagulant<br />
• Catalyst<br />
• Antacids<br />
• Vaccine<br />
• Mineral extender<br />
• Flame Retardant<br />
• Smoke suppressant<br />
• Others<br />
<strong>Alumina</strong> <strong>Trihydrate</strong> <strong>Market</strong>, By End-Use, 2014-2025 (Tons) (USD Million)<br />
• Water Treatment<br />
• Construction<br />
• Paints and Coatings<br />
• Automobile<br />
• Plastic<br />
• Medical<br />
• Pharmaceutical<br />
• Others<br />
The above information is provided for the following regions and countries:<br />
• North America<br />
• U.S.<br />
• Canada<br />
• Mexico<br />
• Europe<br />
• Germany<br />
• UK<br />
• France<br />
• Italy<br />
• Spain<br />
• Asia Pacific<br />
• China<br />
• Japan<br />
• India<br />
• South Korea<br />
• Malaysia<br />
• Latin America<br />
• Brazil<br />
• Argentina<br />
• Middle East & Africa<br />
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Company Profiles:<br />
• South Africa<br />
• Saudi Arabia<br />
• UAE<br />
• Akrochem Corporation<br />
• Huber Engineered Materials<br />
• Almatis<br />
• LKAB Minerals AB<br />
• Aluminum Corporation of China Ltd. (Chalco)<br />
• Nabaltec AG<br />
• Aditya Birla Management Corporation Pvt. Ltd.<br />
• Albemarle Corporation <strong>Alumina</strong> - Chemicals & Castables<br />
• Alfa Aesar<br />
• MAL-Hungarian Aluminium Producer and Trading Co.<br />
About Global <strong>Market</strong> Insights<br />
Global <strong>Market</strong> Insights, Inc., headquartered in Delaware, U.S., is a global market<br />
research and consulting service provider; offering syndicated and custom research<br />
reports along with growth consulting services. Our business intelligence and industry<br />
research reports offer clients with penetrative insights and actionable market data<br />
specially designed and presented to aid strategic decision making. These exhaustive<br />
reports are designed via a proprietary research methodology and are available for key<br />
industries such as chemicals, advanced materials, technology, renewable energy and<br />
biotechnology.<br />
Contact Us:<br />
Arun Hegde<br />
Corporate Sales, USA<br />
Global <strong>Market</strong> Insights, Inc.<br />
Phone: 1-302-846-7766<br />
Toll Free: 1-888-689-0688<br />
Email: sales@gminsights.com<br />
Web: https://www.gminsights.com<br />
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