Global opportunity in alumina trihydrate (ATH) flame retardants market: Lucintel anticipates regulatory requirement towards the use of non-halogenated flame retardants on end-use industry players to catalyze growth within the next five years


   March 6 2017
According to a new market report published by Lucintel, the future of the alumina trihydrate (ATH) flame retardant market looks good with opportunities in the electrical and electronics, building and construction, and wire and cable industries. The global ATH flame retardant market is forecast to grow at a CAGR of 4.9% from 2015 to 2020. The major drivers of growth for this market are stringent governmental regulations related to prohibition on use of halogenated flame retardants, growing awareness on fire safety, and increasing market penetration of ATH flame retardants in various end-use industries.

Browse 44 market data tables and 134 figures spread through 208 pages and in-depth TOC on “Global Alumina Trihydrate (ATH) Flame Retardant Market”

http://www.lucintel.com/alumina_trihydrate_flame_retardant_market_2015.aspx

ATH flame retardants are used in a variety of applications with materials like polyolefin, epoxy, rubber, unsaturated polyester resin, polyvinyl chloride, and others. Lucintel predicts that the demand for polyolefin is likely to experience the highest growth in the forecast period supported by growing demand in end product manufacturing. On the basis of comprehensive research, Lucintel forecasts that wire and cable segment is expected to show highest growth during the forecast period.

Within the ATH flame retardant market, the building and construction segment is expected to emerge as the largest market by value. The changes in regulatory requirement and strong demand of halogen free flame retardants are expected to spur growth for this segment over the forecast period.

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North America is expected to remain the largest market by value and volume both due to growth in end use applications and wider acceptance of ATH flame retardants in various end-use industries.

Asia Pacific and the Rest of the World are expected to witness significant growth over the forecast period because of growing awareness on fire safety, and restriction on some halogenated flame retardants.

For market expansion, report suggests innovation and new product development, where the unique characteristics of ATH flame retardants can be capitalized. The report further suggests the development of partnerships with customers to create win-win situations and development of low-cost solutions for the end user.

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Emerging trends, which have a direct impact on the dynamics of the industry, include the growing consumption of nano-particle ATH and original equipment manufacturers (OEM’s) commitments towards the use of non-halogenated flame retardants. Nabaltec AG, Albemarle Corporation, Huber Engineered Materials, and TOR Minerals are among the major suppliers of the ATH flame retardants. Some companies are opting for M&A as a strategic initiative for driving growth.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global ATH flame retardant market by end-use industry, application, and region, and has come up with a comprehensive research report, “The Global Alumina Trihydrate (ATH) Flame Retardant Market 2015-2020: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a spring board for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions.

The study includes a forecast of the global ATH flame retardant market through 2020, segmented by end-use industry, applications, and region as follows:

ATH flame retardant market by end-use industry [Volume (M lbs/Kilotons) and $M shipment analysis for 2009 – 2020]:


  • Building and Construction                     


  • Electricals and Electronics                    


  • Wires and Cables                                 


  • Textiles                                    


  • Transportation                                      


  • Others                                                 


ATH flame retardant market by application [Volume (M lbs/Kilotons) and $M shipment analysis for 2009 – 2020]:


  • Polyolefin                                            


  • Epoxy                                                 


  • Rubber                                    


  •  Unsaturated Polyester Resin                 


  • Polyvinyl Chloride                                


  • Others                                                 


ATH flame retardant market by region [Volume (M lbs/Kilotons) and $M shipment analysis for 2009 – 2020]:


  • North America


  • Europe


  • Asia Pacific


  • Rest of World


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This 208-page 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 click on this link   http://www.lucintel.com/toc/alumina_trihydrate_flame_retardant_market_2015.aspx or helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategy for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M & A and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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