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Wednesday, October 16, 2024

The Global Alumina Trihydrate (ATH) Flame Retardant Market is Expected to Reach an Estimated $3 Billion by 2030

According to a market report by Lucintel, the future of the global alumina trihydrate (ATH) flame retardant market looks promising with opportunities in the electrical & electronic, building & construction, transportation, furnishing, textile, adhesive, and sealant & coating markets. The global alumina trihydrate (ATH) flame retardant market is expected to reach an estimated $3 billion by 2030 from $2 billion in 2023 at a CAGR of 5.5% from 2023 to 2030. The major drivers for this market are expansion of the construction industry globally, advancements in automotive and aerospace sectors, and increasing awareness of fire safety and the enforcement of stringent fire safety regulations in residential, commercial, and industrial sectors.

In this market, polyester resin, PVC, epoxy resin, polyurethane, acrylic resin, and rubber & latex are the major segments of alumina trihydrate (ATH) flame retardant market by application.

Lucintel forecasts that polyester resin is expected to witness the highest growth over the forecast period.

Within this market, electrical & electronic is expected to witness the highest growth.

Download sample by clicking on alumina trihydrate (ATH) flame retardant market.

APAC is expected to witness the highest growth over the forecast period.

TOR Minerals, Huber Engineered Materials, R.J. Marshall, Almatis, and Showa Denko K.K are the major suppliers in the alumina trihydrate (ATH) flame retardant market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get acces of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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