The global alumina trihydrate (ATH) market is set to experience robust growth, with a remarkable compound annual growth rate (CAGR) of 7.7% from 2023 to 2033. This expansion is driven by increasing demand for ATH in various applications such as flame retardants, water treatment, and as a filler in the construction and automotive industries. ATH’s eco-friendly properties and growing use in fire-resistant materials, particularly in the manufacturing of plastics, paints, and coatings, further contribute to its market growth. By 2033, the global ATH market is expected to surpass a valuation of USD 11,180.1 million, reflecting its crucial role in advancing sustainable and fire-safe technologies across multiple sectors.
The growth of the global alumina trihydrate market is attributed to its diverse application in numerous industries such as plastics, papers, paints & coatings, and others is the key factor propelling the growth. All these industries rely heavily on alumina trihydrate, and their anticipated expansion should fuel aluminum hydroxide sales. It has been estimated that more than 90% of alumina trihydrate production goes into manufacturing aluminum. When alumina trihydrate is used for flame retardant applications, it suppresses and reduces fire spread via plastic.
Alumina trihydrate or aluminum hydroxide is known for its power source from bauxite. It is translucent and white in color. Through exposure to heat, alumina trihydrate converts to aluminum oxide and releases water. The powder is most commonly used for preparing transparent lake pigments.
The Alumina Trihydrate (ATH) market is witnessing notable growth and several trends and opportunities, driven by its wide range of applications in various industries such as construction, automotive, and pharmaceuticals. Here are some key trends and opportunities in the ATH market:
1. Increasing Demand for Flame Retardants
ATH is a key component in flame retardant formulations, particularly in plastics, rubber, and textiles. As fire safety regulations tighten across industries, especially in construction, automotive, and electronics, the demand for ATH-based flame retardants is expected to rise. ATH serves as a non-toxic and cost-effective alternative to other flame retardants, making it an attractive choice for manufacturers.
2. Growth in the Construction and Building Industry
ATH is used in the production of cement and as a filler in paints and coatings, where it improves durability and enhances fire resistance. The rapid urbanization and growing construction activities in emerging economies, especially in Asia-Pacific, present significant opportunities for ATH producers. The increasing focus on sustainable construction materials further promotes the demand for ATH due to its eco-friendly properties.
3. Advances in Electric Vehicles (EV) and Automotive Industry
As the automotive industry shifts towards electric vehicles (EVs), ATH finds use in the production of components such as batteries, cables, and circuit boards. The growing demand for lightweight, durable, and fire-resistant materials in EVs creates new opportunities for ATH suppliers. The increasing adoption of ATH-based materials in automotive manufacturing will likely support market expansion.
4. Applications in Water Treatment
ATH is also used in water treatment processes as a flocculant and coagulant, especially for removing impurities like suspended solids and heavy metals from water. As global water scarcity and pollution concerns intensify, the demand for water purification solutions is growing. This trend provides a substantial opportunity for ATH in the environmental sector.
5. Growing Demand in Pharmaceuticals and Cosmetics
ATH is utilized as an excipient in the pharmaceutical industry, particularly in the production of tablets and as a stabilizer in liquid formulations. Additionally, ATH is used in cosmetics for its properties as a mild abrasive and in skin care products. The growing pharmaceutical and personal care sectors present a steady demand for ATH in these applications.
Report Highlights
Alumina trihydrate comprises antacid properties and can facilitate the maintenance of optimum pH in the gastrointestinal tract. Its antacid properties are likely to make aluminum hydroxide demand soar from the worldwide pharmaceuticals industry. Furthermore, its excellent filler qualities make it suitable for use in plastics, cosmetics, detergents, inks, ceramics, and glass. It is also an excellent water-repellent, flame-retardant, and paper coating.
Over recent years, strict fire safety regulations have come into force all over the world. This has resulted in augmenting demand for high-quality flame retardants that have been on a consistent rise. Future Market Insights (FMI) expects this trend to continue between 2023 and 2033.
Throughout the assessment period, non-halogenated flame retardant demand elevated all over the globe, owing to various fire-related accidents. The use of alumina trihydrate also gained traction for engineering papers, plastics, rubbers, paints, and coatings. Automobiles with low weights tend to be more fuel efficient as it takes less power to move them compared to heavy all-metal vehicles.
Recent Developments
Approximately 10 to 15% of any modern-day vehicle’s weight includes plastic composites. Owing to these factors, automobile manufacturers are increasingly preferring these composites over metals. The use of metals can add to the strength and durability of automobiles.
Other kinds of metals also tend to make vehicles heavy, which is likely to impact their fuel economies adversely. Plastic composites engineered using alumina trihydrate can reduce a vehicle’s weight significantly. Among several car owners all over the globe, fuel economy has become a prominent talking point.
Fuel prices have been steadily rising in recent years, and vehicle owners are on the lookout for products that offer fuel economy benefits. Moreover, FMI anticipates this trend to persist over the next decade and drive alumina trihydrate demand. Using alumina trihydrate in automobile manufacturing as an alternative to titanium dioxide can also lower production costs by around 25%.
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Competitive Landscape
Attributing to the widespread expansion of the alumina trihydrate market, the competition is predicted to grow fiercer due to the presence of dominant regional and international players in the market. The market still has a fair way to go before it reaches a saturation point. FMI anticipates both leading and emerging players to expand production facilities based on trends from the recent past.
There are massive investments in research and development activities as manufacturers are keen on reducing costs and improving quality. Acquisitions and mergers look probable too.
In January 2023, ChemIndia, a company based in India, announced the launch of extender pigment products which include alumina hydrate. In August 2022, Cimbar Resources Inc. acquired the manufacturing assets of Imerys Carbonates USA Inc. related to calcium carbonate manufacturing.
Top Key Players in the Alumina Trihydrate Market
- Sumitomo Chemical Co. Ltd.
- Aluminum Corp. of China Ltd.
- Nabaltec AG
- National Aluminium Company Ltd.
- Huber Engineered Materials
- SCR Sibelco NV
- R.J. Marshall Company
- Alteo
- Southern Ionics Incorporated
- ALUMINA CHEMICALS and CASTABLES
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