Global Alumina Trihydrate Market Trajectory & Analytics Report 2022: Market to Reach $2.1 Billion by 2027 - Increasing Use of ATH in the Growing Plastics Industry to Drive Market Expansion - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Alumina Trihydrate - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Alumina Trihydrate Market to Reach $2.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Alumina Trihydrate estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2027, growing at a CAGR of 4.7% over the analysis period 2020-2027.

Flame Retardant, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$964.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Filler segment is readjusted to a revised 4.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $295.1 Million, While China is Forecast to Grow at 6.6% CAGR

The Alumina Trihydrate market in the U.S. is estimated at US$295.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$480.6 Million by the year 2027 trailing a CAGR of 6.6% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

Antacid Segment to Record 4.6% CAGR

In the global Antacid segment, USA, Canada, Japan, China and Europe will drive the 4.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$81.7 Million in the year 2020 will reach a projected size of US$111.7 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$279.6 Million by the year 2027, while Latin America will expand at a 4.3% CAGR through the analysis period.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Alumina Trihydrate (ATH): A Prelude
• Key Applications
• Flame Retardant
• Filler
• Antacid
• Other Applications
• Major End-Use Industries
• Plastics
• Building & Construction
• Pharmaceuticals
• Paints & Coatings
• Other End-Use Industries
• Aluminum and Bauxite Industry: Brief Overview
• Manufacturing PMI: An Important Bellwether
• Alumina Trihydrate: Rudimentary Overview of the Market
• Alumina Trihydrate Market to Witness Steady Growth
• The Most Widely Used Flame Retardant
• Europe Leads the Way in Alumina Trihydrate
• China: A Potential Laden Market
• Asia-Pacific Region's Growth Driven by Rise in Construction Activities
• Competitive Landscape
• Impact of Covid-19 and a Looming Global Recession
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS (Total 37 Featured)

• Akrochem Corporation
• Almatis
• Alteo
• Aluminium Corporation of China Limited
• Hindalco
• Huber Engineered Materials
• LKAB Minerals AB
• MAL Hungarian Aluminium Production and Trade Company
• Nabaltec AG
• NALCO
• SHOWA DENKO K.K.
• Southern Ionics Incorporated
• TOR Minerals

3. MARKET TRENDS & DRIVERS

• Urbanization: A Key Growth Driver in Developing Countries
• Fire Safety Industry: Pivotal for Growth of Alumina Trihydrate Market
• Regulations and Building Codes Support Proliferation of Fire Suppression Systems
• Flame Retardants: The Primary Application Market for Alumina Trihydrate
• Alumina Trihydrate Gains Traction in Pharmaceutical Compounds
• Brief Overview of the Plastics Industry: The Largest End-Use Market
• Increasing Use of ATH in the Growing Plastics Industry to Drive Market Expansion
• Growing Building and Construction Industry to Drive the Demand for ATH

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/24b0fd