The Global Alumina Trihydrate Market Is Estimated To Account For Approximately Us$ 3,900 Mn In Terms Of Value And 6,700 Mt In Terms Of Volume By The End Of 2019

Alumina Trihydrate

 

Alumina trihydrate (ATH), also known as alumina trihydrateas, is a chemical compound with the formula (AI2O3•3H2O). Because of its versatility and low cost, it is commonly used as a flame retardant. It is non-toxic, chemically inert, halogen-free, and abrasive in nature. It is primarily produced through the Bayer process and converted to aluminium oxide (alumina), which is primarily used in the production of aluminium. Furthermore, alumina trihydrate is used as an antacid medication to treat gastrointestinal conditions. Rising demand for flame retardants from the construction and automotive industries is expected to be the primary driver of market growth. Furthermore, the increasing implementation of strict rules and regulations pertaining to vehicular safety is expected to propel the market growth of alumina trihydrate. Rising demand for chemical compounds such as polyaluminum chloride, calcined alumina, and zeolites is also expected to drive alumina trihydrate market growth.

 

The global Alumina Trihydrate Market is expected to experience a moderate decline in growth rate in 2020-2021, as the alumina trihydrate industry experiences a significant decrease in production. It has had an impact on the market for alumina trihydrate manufacturers who serve the glass and rubber industries, which were previously considered non-essential. Furthermore, the majority of global companies operating in this market are based in Asia Pacific, the United States, and Europe, all of which are negatively impacted by the pandemic. These companies, which have manufacturing facilities in China and other Asian countries, have also been severely impacted. As a result, disruptions in the supply chain have hampered production units due to a lack of raw materials and labour.

 

The rising demand for non-halogenated flame retardants over halogenated ones across various industries can be attributed to the rapid growth of the alumina trihydrate market. The rising number of fires is driving up demand for flame retardants such as alumina trihydrate. In fact, alumina trihydrate is the most widely used flame retardant in the world, with applications including engineering plastics, paints and coatings, rubber, paper, and others.

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