29 OCTOBER 2024AlCircle.com
A by-product of bauxite refinement - ATH's demand and market grows worldwide with promising future
Edited by : Pratyusha Chatterjee
6 min read
Alumina trihydrate (ATH), also known as aluminium hydroxide — chemical formula Al(OH)3, has a vast market potential ahead. The element, which is derived during the refinement of bauxite through the Bayer process, is majorly known for its flame retarding property.
The global market for alumina trihydrate is significant, with a size estimated at USD 4.21 billion in 2023. This figure is projected to grow to USD 5.8 billion in the next five years, demonstrating a compound annual growth rate (CAGR) of 5.6 per cent. These numbers underscore the substantial market potential of ATH.
Production method of ATH:
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