Alumina Trihydrate Market was valued at USD 1.28 billion in 2020 and is expected to grow at a CAGR of 5% between 2021 and 2027. The most common use of alumina trihydrate is for the production of aluminum metal. It is also used as a flame retardant and smoke inhibitor filler in polymers such as rubber products and carpet backing. White, translucent powder, also called aluminum hydroxide. Alumina trihydrate is obtained from bauxite. When it is strongly heated, alumina trihydrate will be converted to aluminum oxide with water release. Alumina trihydrate is used as a base in the manufacture of transparent lake pigments. It is also used as an inert filler in paints, and tends to increase the transparency of colors when dispersed in oil.
Demand for alumina trihydrate is booming due to increased demand for infrastructure and automobiles in Asian countries, especially China. Alumina trihydrate is used to ensure safety against fire-related uncertain events. Because it is a flame retardant, it is used as an effective coating for insulation of wires in buildings and cars. Circuit boards are prospective places where fires can occur, so it is important to insulate wires and cables with flame retardants. In addition, government regulations related to fire safety in North American and European countries will lead to strong demand for this. Alumina trihydrate is a halogen-free flame retardant that will help in surging its demand further as an environment-friendly substitute.
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Top Major Key Players Industries
Sumitomo Chemical Co., Ltd.
Alcoa Corporation
Aditya Birla Management Corporation Pvt. Ltd.
J.M. Huber Corporation
Aluminum Corporation of China Limited
Nabaltec AG
Others
By type
Ground
Dry
Wet
Precipitate
By application
Flame Retardant
Filler
Antacid
Smoke Suppressant
Others
By end users
Plastics
Building and Construction
Paints and Coatings
Pharmaceuticals
Glass
Rubber
Others
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Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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