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Global Alumina Trihydrate Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028

Global Alumina Trihydrate Market Report, Market Size, Share,

Stratistics MRC's Global Alumina Trihydrate Market value is expected to reach $3.02 billion growing at a CAGR of 7.7% during 2022-2028.

A white, translucent powder called alumina trihydrate is used as filler in products like plastic, glass, ceramics, inks, detergents, and cosmetics. Commercially, it is utilised as a paper coating, water- and flame-retardant substance. Bauxite is a source of alumina trihydrate. Aluminium trihydrate absorbs water and transforms to aluminium oxide when heated vigorously. An effective smoke suppressant and non-halogen fire retardant is alumina trihydrate. The solid alumina trihydrate is white, odourless, and powdery. Although alumina trihydrate has relatively low water solubility, it is amphoteric, meaning it reacts in both acids and potent alkalis.
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By Geography, Europe is projected to have the highest CAGR over the forecast period, owing to the automobile industry's rising need for paints and coatings, as well as rising investments in residential and commercial building refurbishment. The market for alumina trihydrate is anticipated to be driven by the growing demands for paints and coatings in the European automotive sector.
Some of the key players in Alumina Trihydrate market include Remtec Automation LLC, Fanuc Corporation, Kuka Roboter Gmbh, Krones AG, Bosch Packaging Technology (Robert Bosch Gmbh), Schneider Electric SE, Yaskawa Electric Corporation, ABB Limited, Brenton LLC, Mitsubishi Electric Corporation, Brenton Engineering and Yaskawa America INC.
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Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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