Qyresearch the global ultra fine aluminum hydroxide market is estimated to be worth $ 531 million by

QYResearch

QYResearch: The global Ultra-fine Aluminum Hydroxide market is estimated to be worth $ 531 million by 2021

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QYResearch Ultra-fine Aluminum Hydroxide (short for ATH in the report) is a kind of aluminum hydroxide and it has many unique properties of resistance to high temperature, wear resistance, corrosion resistance and high thermal conductivity. It is mainly used as flame retardants and fillers in thermosetting plastics and liquid dispersions.

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QYResearch According to QYResearch, In terms of revenue, the global ultra-fine ATH market was valued $ 502 million in 2016, and is estimated to be worth $ 531 million by 2021. In terms of production, the ultra-fine ATH accounted for 494 K MT in 2015. And it is anticipated to reach 578 K MT by 2021.

Overall, the ultra-fine ATH products performance is positive.

Europe is the dominate producer of ultra-fine ATH, the production is 195 K MT in 2016, according for about 39.36% of the total amount, followed by China, with the production market share of 23.92%. China has the highest production growth rate of 6.08% from 2011 to 2016. 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.

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QYResearch Flame-retardant filler& smoke suppressants accounted for the largest market with about 83.71% of the global consumption for ultra-fine ATH in 2016. Moreover, it is anticipated to grow at a CAGR of 3.16% during the forecast period. With over 9.06% 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 3.42%, in terms of consumption, during the forecast period.

In recent years, sharp fluctuations of oil prices on the international market have affected the development of the world economy. Under the influence of raw material, market competitions and economic conditions, the price of ultra-fine ATH is lower year by year from 1122 $/MT in 2011 to 1015 $/MT in 2016. The profit margin is about 26.6% in 2015, and is also descends in recent years. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing.

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QYResearch Europe is the largest consumption place, with a consumption market share nearly 40% in 2016. Following Europe, North America is the second largest consumption place with the consumption market share of 32%.

Market competition is intense. GKN, JTEKT, Eaton, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.

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