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Rising construction industry demand for flame retardants is expected to drive innovation in alumina trihydrate manufacturing, driving the market during the forecast period.

The global alumina trihydrate market is expected to grow from $1.92 billion in 2022 to $2.04 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The alumina trihydrate market is expected to grow to $2.56 billion in 2027 at a CAGR of 5.8%.

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Global Alumina Trihydrate Market Segments Include:

• By Type: Ground, Wet, Dry, Precipitate
• By Application: Flame Retardant, Filler, Antacid
• By End-Use Industry: Plastic, Building and Construction, Paints and Coatings, Pharmaceutical
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global alumina trihydrate market in 2021.

Major Market Players in the alumina trihydrate market include Albemarle Corporation, Alcoa Corporation, Aluminum Corporation of China Limited, Huber Engineered Materials, LKAB Minerals AB, MAL-Hungarian Aluminum Producer and Trading Co.

Technological advancements are the most popular trend in the alumina trihydrate market. Major market players are introducing new technologies to improve the quality of non-halogenated flame retardant by increasing its efficiency. Such advancements allow key market players to gain a competitive advantage. For example, Alcoa Corporation, a US-based aluminium producer, plans to build an alumina refinery in November 2021. The company intended to unlock decarburization at scale by utilising new and innovative technologies to deliver a cost-competitive refinery that will aid in the elimination of fossil fuels in operations, the reduction of freshwater use, and the minimization and eventual elimination of new bauxite residue deposits.

The Alumina Trihydrate Global Market Report 2023  provides a alumina trihydrate market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The alumina trihydrate market forecast analyzes alumina trihydrate market size, alumina trihydrate market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Alumina trihydrate is a solid, odourless, powdery, white substance used as a flame retardant and filler in glass, ceramics, inks, detergents, cosmetics, and plastics. This is extracted from bauxite ore using the Bayer process, with an average particle diameter of 80-100 microns. Its primary use is in the production of aluminium metal.

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