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. Howev