Alumina Trihydrate Market Outlook, Driving Factors and Industry Trends

 

Alumina Trihydrate (ATH) 

Alumina Trihydrate (ATH) has the chemical formula (AI2O3•3H2O) and is also known as alumina trihydrateas. Because of its flexibility and low cost, it is commonly employed as a flame retardant. It's non-toxic, chemically inert, halogen-free, and abrasion-resistant. The Bayer method is used to generate it, which is then transformed to aluminium oxide (alumina), which is used to make aluminium. Furthermore, alumina trihydrate is utilised as an antacid for the treatment of gastrointestinal problems.

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. The growing use of engineering plastic in areas such as automotive, construction, and electronics is propelling the industry forward. Plastic's application in the automotive sector to reduce total vehicle weight and improve fuel economy is expected to drive market demand in the future years. However, factors such as the availability of alternatives to alumina trihydrate and environmental concerns related with alumina manufacturing are projected to stifle the alumina trihydrate market's expansion throughout the forecast period.

In the total alumina trihydrate market, the flame retardants segment is expected to increase rapidly in the future years, depending on the product type. Because of the rising occurrence of fires throughout the world, non-halogenated flame retardants are becoming more popular, making ATH one of the most widely used flame retardants. Because of its thermodynamic qualities, which absorb heat and release water vapour, alumina trihydrate is an effective flame retardant. The water of crystallisation released by ATH is 35%. Furthermore, the product's great flexibility and cheap cost will boost demand for ATH as a flame retardant.

In terms of end-user vertical, the plastic segment is expected to be profitable for the alumina trihydrate market. Plastics make cars lighter, reducing fuel consumption and greenhouse gas emissions. For example, reducing the mass of a contemporary automobile by 100 kilogrammes reduces fuel usage by almost 0.4 litres per 100 kilometres and carbon dioxide emissions by 10 grammes per kilometre. The booming construction, plastics, and paints & coatings industries in several growing economies such as India, China, Japan, and others will propel the Asia Pacific alumina trihydrate market to new heights throughout the forecast period.

Market Drivers-

Rising demand for flame retardants in the construction and automotive industries is expected to boost market expansion. Alumina trihydrate market expansion is also expected to be boosted by the increasing adoption of severe rules and regulations related vehicle safety. Additionally, increased demand for chemical compounds such as polyaluminum chloride, calcined alumina, aluminium sulphate, sodium aluminate, alumina nitrate, and zeolites is expected to drive alumina trihydrate market growth.

The growing use of alumina trihydrate as a titanium dioxide pigment alternative in the paints and coatings sector, as well as its low cost, is expected to drive the market expansion of alumina trihydrate. Furthermore, the rising demand for alumina trihydrate from the plastics, paper, and building and construction industries is expected to help the market's growth.

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