(PharmaNewsWire.Com, August 10, 2018 ) The Global Ultra Fine Aluminium Hydroxide Market is Valued at 590 million US$ in 2017 and will reach 610 million US$ by the end of 2025, growing at a CAGR of 0.5% during 2018-2025.
In this report, the volume of Ultra-fine ATH is calculated by aluminum hydroxide with particle size about 3 μm or smaller Europe is the dominate producer of ultra-fine ATH, the production is 179 K MT in 2016, according for about 36% of the total amount, followed by China, with the production market share of 24%. China has the highest production growth rate of 20% from 2012 to 2017. Even though a huge space for growth in the Chinese market exists, the quality and technology should further improve.
At present, in the foreign industrial developed countries the ultra-fine ATH industry is generally at a more advanced level. Meanwhile, these companies have more advanced equipment, strong R&D capabilities; the technical level is in a leading position. But foreign companies’ manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as the Chinese ultra-fine ATH production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase. Leading players in ultra-fine ATH industry are Albemarle, Nabaltec, Shandong Aluminium, Huber. Huber (acquired ATH business from Albemarle in Feb 2016) is the largest manufacturer, with the market share of 31.48% in 2016. The top four companies (Huber, Nabaltec, Shandong Aluminium, KC Corp) occupied about 60.3% share of the market in 2016.
Flame-retardant filler& smoke suppressants accounted for the largest market with about 86% of the global consumption for ultra-fine ATH in 2016. Moreover, it is anticipated to grow at a CAGR of 2.8% during the forecast period. With over 9% share of the ultra-fine ATH market, filling material was the second largest application market in 2016, and is anticipated to grow at a CAGR of 4.5%, in terms of consumption, during the forecast period.
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