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North America Alumina Trihydrate Market: By Application, By End User, and Geography
North America Alumina Trihydrate Market: By Application, By End User, and Geography
Alumina trihydrate is a solid substance, odorless, powdery, and white. Alumina trihydrate exhibits a very low solubility in water. It is also considered to be amphoteric, i.e. it dissolves in both acids and a strong alkali. The production of aluminum metal is the most common use of alumina trihydrate. It is predominantly used as a flame retardant in addition it holds a major application as a smoke suppressant filler in polymers such as rubber products and carpet support. However, the growing preference for magnesium hydroxide through antacids in the pharmaceutical industry can limit the growth of the market. The developing awareness regarding the safety of buildings among common people has led to the demand for alumina trihydrate for the development of energy-efficient buildings. Conventional plastics are unceasingly substituted by flame-retardant plastics. Alumina trihydrate finds a major application in wires & cables, sealants, caulks, as an adhesive in the building & construction industry, solid surfaces, and roofs, among others. Plastics find a major application in the alumina trihydrate market.
The factors propelling the segment growth include rising industrialization and expansion in addition to the requisite for fire safety. Key players in the alumina trihydrate market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, and technological innovations, among others. For instance, JNS Supply LLC and the Smithchem & Young Division of Lansco Colors LLC have merged to form the new distribution company, JNS SmithChem LLC. North America alumina trihydrate market expanding at significant CAGR over 2019 to 2025 due to increasing regulations related to fire safety. Based on end user, the construction segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period. Players focusing on innovation of newer products and collaboration strategies to retain market position in North America alumina trihydrate market
Construction industry is projected to grow at a significant CAGR during the forecast period. It can be attributed to rising activities of construction coupled by the increasing asset in infrastructural undertakings. Moreover, rising expenditure on the construction of residential combined with improving standards of living and expanding per capita disposable income drives the segment growth. Electronics is considered to be one of the industry owing to various initiatives undertaken by the government such as internet of things (IoT) and automation further drives the growth in electronics end users.
North America alumina trihydrate market report gives comprehensive outlook on Alumina Trihydrate across the region with special emphasis of key countries such as U.S, Canada. North America is expected to hold a significant position in the market owing to rising construction activities in this region. U.S. holds a major revenue share in the regional market due to development of World Trade Centre in the country.
Latin America
Europe
Asia Pacific
Middle East
North America
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2023 is the basic and 2030 is the forecast year
The north america alumina trihydrate market Report data: (U.S., Canada)
The north america alumina trihydrate market key players are Advanced Plastics Composites One Durr Marketing Associates, Inc. M. Royal Inc. (ATH & Flame Retardants) Bedford Specialty Sales, Inc. Rejenmor, Inc, Hall Technologies Inc. New England Resins & Pigments JNS-SmithChem LLC Gazechim Composites
2023 is the basic and 2030 is the forecast year
The north america alumina trihydrate market Report data: (U.S., Canada)
The north america alumina trihydrate market key players are Advanced Plastics Composites One Durr Marketing Associates, Inc. M. Royal Inc. (ATH & Flame Retardants) Bedford Specialty Sales, Inc. Rejenmor, Inc, Hall Technologies Inc. New England Resins & Pigments JNS-SmithChem LLC Gazechim Composites
| 1. Executive Summary |
| 2. North America Alumina Trihydrate Market Introduction |
| 2.1. North America Alumina Trihydrate Market - Taxonomy |
| 2.2. North America Alumina Trihydrate Market - Definitions |
| 2.2.1.Application Type |
| 2.2.2.End User Type |
| 2.2.3.Region |
| 3. North America Alumina Trihydrate Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. North America Alumina Trihydrate Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. North America Alumina Trihydrate Market By Application Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Flame Retardant |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Filler |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Antacid |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. North America Alumina Trihydrate Market By End User Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Plastics industry |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Paper industry |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Paint & coatings industry |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Chemicals industry |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Pharmaceuticals industry |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Building and construction industry |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Others |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 7. North America Alumina Trihydrate Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. United States of America (USA) |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Canada |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.12. Region |
| 7.12.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.12.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.12.3. Market Opportunity Analysis |
| 8. Competition Landscape |
| 8.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 8.2.1.Advanced Plastics |
| 8.2.2.Composites One |
| 8.2.3.Durr Marketing Associates, Inc. |
| 8.2.4.M. Royal Inc. (ATH & Flame Retardants) |
| 8.2.5.Bedford Specialty Sales, Inc. |
| 8.2.6.Rejenmor, Inc, |
| 8.2.7.Hall Technologies Inc. |
| 8.2.8.New England Resins & Pigments |
| 8.2.9.JNS-SmithChem LLC |
| 8.2.10.Gazechim Composites |
| 9. Research Methodology |
| 10. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.