The global alumina trihydrate market share is expected to grow at an impressive CAGR of 7.7% during the forecast period from 2023 to 2033. The market is projected to reach a valuation of USD 5,324.6 million in 2023 and surpass USD 11,180.1 million by 2033. According to historical data from Future Market Insights, the market experienced a CAGR of 7.4% between 2018 …
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Alumina Trihydrate Market Outlook, Current and Future Industry Landscape Analysis 2031
Future Market Insights (FMI) delivers key insights on the alumina trihydrate market in its latest report titled, “Alumina Trihydrate Market: Global Industry Analysis and Opportunity Assessment, 2021 – 2031”. According to the report, the global alumina trihydrate market revenues are projected to expand at a CAGR of 5.7% during 2016-2026. APEJ and North America are …
Alumina Trihydrate Market Size 2031 by Trends, Share, Growth, Company Profiles: Sumitomo Chemical Co. Ltd., Aluminum Corp. of China Ltd, Nabaltec AG, National Aluminium Company Ltd., Huber Engineered Materials, SCR Sibelco nv
Captive consumption has been an important trend in the alumina trihydrate landscape. While over 70% of alumina trihydrate production is dedicated to captive consumption by manufacturers, the rest is directed to end-use sectors operating within paints & coatings, paper, plastics, construction, and a few other industries. Alumina trihydrate sales reached 6724.7 KT in 2021, which are likely to see a …