- Flame Retardant
- Filler
- Antacid
- Others
Europe Alumina Trihydrate Market size was valued at USD X million in 2023 and is poised to grow at a CAGR of x% from 2024 - 2030 Alumina trihydrate is a solid substance, odorless, powdery, and white. Alumina trihydrate exhibits a very low solubility in water. It is also considered to be amphoteric, i.e. it dissolves in both acids and a strong alkali. The production of aluminum metal is the most common use of alumina trihydrate. Europe Alumina Trihydrate Market is predominantly used as a flame retardant in addition it holds a major application as a smoke suppressant filler in polymers such as rubber products and carpet support. However, the growing preference for magnesium hydroxide employing antacids in the pharmaceutical industry can limit the growth of the market. The developing awareness regarding the safety of buildings among common people has led to the demand for alumina trihydrate for the development of energy-efficient buildings. Conventional plastics are unceasingly substituted by flame-retardant plastics.
Alumina trihydrate finds a major application in wires & cables, sealants, caulks, as an adhesives in building & construction industry, solid surfaces, and roofs, among others. Plastics finds a major application in alumina trihydrate market. The factors propelling the segment growth includes rising industrialization and expansion in addition to the requisite for fire safety. Key players in alumina trihydrate market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others. For instance, JNS Supply LLC and the Smithchem & Young Division of Lansco Colors LLC have merged to form the new distribution company, JNS SmithChem LLC.
Construction industry is projected to grow at a significant CAGR during the forecast period. It can be attributed to rising activities of construction coupled by the increasing asset in infrastructural undertakings. Moreover, rising expenditure on the construction of residential combined with improving standards of living and expanding per capita disposable income drives the segment growth. Electronics is considered to be one of the industry owing to various initiatives undertaken by the government such as internet of things (IoT) and automation further drives the growth in electronics end users.
By Application Type
By End User Type
By Geography
2023 is the base year and 2030 is the forecast year.
The Europe Alumina Trihydrate Market Report data: (Europe, Germany, France, Italy, United Kingdom (UK), Spain, Rest of EU)
The Europe Alumina Trihydrate Market key players are: Advanced Plastics Composites One Durr Marketing Associates, Inc. M. Royal Inc. (ATH & Flame Retardants) Bedford Specialty Sales, Inc. Rejenmor, Inc, Hall Technologies Inc. New England Resins & Pigments JNS-SmithChem LLC Gazechim Composites
1. Executive Summary
2. Europe Alumina Trihydrate Market Introduction
3. Europe Alumina Trihydrate Market Dynamics