Fine Hydrate Market 2017–2027

Fine hydrate is a non-halogenated flame retardant additive used across several applications such as injection molding, wire, and cable compounds, and paints & polymer. It belongs to the class of fine alumina trihydrate (ATH) compounds which is produced by using Bayer’s process. Fine alumina hydrate is an eco-friendly, mineral-based flame retardant, that is used in a variety of polyolefin resins. Some of the other applications of fine hydrate are cable compounds, sheet molding compounds, and bulk molding compounds. Moreover, it is also used to produce lightweight plastics for automobiles which reduce the overall weight of the automobile, thus making fuel-efficient vehicles. Furthermore, fine hydrate is also used in the production of pigment.

The global fine hydrate market is projected to surpass US$ 550 million by the end of 2027, in terms of revenue, growing at CAGR of 7.3% during the forecast period (2019 to 2027).

Drivers

Increasing demand for plastic from the automotive industry for reducing the overall weight of the vehicle is projected to propel the market growth of fine hydrate. Fine hydrate is widely used to produce polymers, where they are used as flame retardant additives. These polymers have huge demand from the automotive industry for producing automobile components that reduce the overall weight and make fuel-efficient vehicles. Thus, the rising demand for plastic from automotive is the industry that is fueling market growth.

Growing adoption of fine hydrate as a substitute for titanium dioxide in the production of pigments is projected to propel the market growth of fine hydrate. Paints and coatings are widely used across automotive refinishing, construction, protective coatings, and wooden coatings. Fine hydrate is used in paints to maintain the shine and luster and increase transparency. Hence, growing usage of fine hydrate as a substitute for titanium dioxide is propelling the market growth. 

Regionally, Asia-pacific dominated the global fine hydrate market in 2018, reporting 36% market share in terms of revenue, followed by Europe and North America, respectively.

Figure 1. Global Fine Hydrate Market, Revenue Share (%), By Region, 2018

Fine Hydrate  | Coherent Market Insights

Market Restraints

Fine alumina trihydrate is widely used as flame retardant across various materials such as elastomers, thermosetting resins, and thermoplastics. However, fine hydrate is not suitable for high-temperature applications that limit its application across high-temperature applications. This is projected to hinder the market growth of fine hydrate.

Growing adoption of magnesium hydroxide as antacids in the pharmaceutical industry is expected to restrict the market growth of fine hydrate. Moreover, a lack of awareness regarding the benefits of alumina trihydrate across the developing region is also another major factor restricting the market growth of fine hydrate.

Market Opportunities

Growing application of fine hydrate in the production of cable & wire products is projected to offer numerous growth opportunities to the market growth of fine hydrate over the forecast timeframe. Increasing production of electronic goods especially across China and India is expected to propel the market growth. Fine precipitated alumina trihydrate provides superior powder processing and outstanding compounds properties which makes them ideal flame retardant additives.

Increasing application of alumina trihydrate across wastewater treatment is projected to offer enormous growth opportunity to the market of the fine hydrate. Hence, the growing number of wastewater treatment due to increasing water pollution and growing demand for clean and safe water around the globe will favor the market growth of alumina trihydrate over the forecast timeframe.

Figure 2. Global Fine Hydrate Market – Opportunity Analysis

Fine Hydrate  | Coherent Market Insights

Market Trends

The rising trend of nano technology in new products is projected to propel the market growth of fine hydrate. Various polymer producers are adding flame retardants such as fine hydrate with nanoclays, which improve the performance of polymer additives as nanoclays have help in anti-dripping and slowing down fire, and they also produce surface char, all these enhance the quality of non-halogenated flame retardants. This factor is projected to propel the market growth.

Increasing sales of fine hydrate in the Asia Pacific region due to the rising production of consumer electronics in the Asia Pacific region is projected to fuel the market growth. Moreover, expanding the construction industry and the development of infrastructure in Asian countries such as China, India, and South Korea is further projected to propel the market growth of fine hydrate.

Figure 3. Global Fine Hydrate Market, Revenue Share (%), By Application, in 2018

Fine Hydrate  | Coherent Market Insights

On the basis of application, cable compounds dominated the global fine hydrate market in 2018 with around 78% of market share in terms of revenue, followed by sheet molding compounds and bulk molding compounds, respectively.

Regulations

Europe

  • In Europe, REACH (Registration, Evaluation, and Authorization, and Restriction of Chemical Substances) and WEEE (Waste Electrical and Electronic Equipment) are the two regulations driven by the European Union, which restricts the use of halogenated flame retardants that have an adverse effect on the environment. The focus of REACH is to enhance protection of human health and environment by scrutinizing the use of harmful chemical substances and additives
  • The flame retardants most commonly used in electronics and Polybrominated Diphenyl Ethers (PBDEs) were banned or phased out in Europe and the U.S. after researchers linked the compounds to neurotoxic effects and hormone disruption

Figure 4. Global Fine Hydrate Market – Value Chain Analysis

Fine Hydrate  | Coherent Market Insights

Competitive Section

Key players operating in the global fine hydrate market are Nabaltec AG, Huber Engineered Materials, Hindalco Industries Limited, Sumitomo Chemical Co. Ltd., Alumina Castables & Chemicals Private Limited, Aluminum Corporation of China Limited (CHALCO), JINAN CHENXU CHEMICAL CO., LTD., and Henan Kingway Chemicals Co., Ltd.

Fine hydrate is a form of silicon dioxide that possess a variable quantity of water in the chemical formula. Fine hydrate is commonly known as silicic acid, when it is dissolved in water. It can be naturally found in form of opal and mined as a gemstone for centuries. Fine hydrate finds its application in manufacturing of various goods such as toothpaste, paints, and varnishes as well as in production of beer.

Market Dynamics

The global fine hydrate market has witnessed a surge of growth in terms of revenue in recent past years, owing to the rising preferences of industries for usage of non-halogenated flame retardants over halogenated flame retardants across the globe. In addition to this, growing use of fine hydrate in various end-user industries such as automotive, paint & coatings, construction and others has provided lucrative growth to the global fine hydrate market in the recent past years.

On the basis of application, the global fine hydrate market is bifurcated into cable compounds, sheet molding compounds, bulk molding compounds and others. Rising demand for polymers in manufacturing industries coupled with surge in usage of engineering plastics across various end user industries is expected to propel the market growth during the forecast period.

Market Dynamics

The global fine hydrate market has witnessed a surge of growth in terms of revenue in recent past years, owing to the rising preferences of industries for usage of non-halogenated flame retardants over halogenated flame retardants across the globe. In addition to this, growing use of fine hydrate in various end-user industries such as automotive, paint & coatings, construction and others has provided lucrative growth to the global fine hydrate market in the recent past years.

On the basis of application, the global fine hydrate market is bifurcated into cable compounds, sheet molding compounds, bulk molding compounds and others. Rising demand for polymers in manufacturing industries coupled with surge in usage of engineering plastics across various end user industries is expected to propel the market growth during the forecast period.

Key features of the study:

  • This report provides in-depth analysis of global fine hydrate market size (US$ Million and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global fine hydrate market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study includes Nabaltec AG, Huber Engineered Materials, Hindalco Industries Limited, Sumitomo Chemical Co. Ltd., Alumina Castables & Chemicals Private Limited, Aluminum Corporation of China Limited (CHALCO), JINAN CHENXU CHEMICAL CO., LTD., and Henan Kingway Chemicals Co., Ltd.
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global fine hydrate market report caters to various stakeholders in this industry including investors, suppliers, global fine hydrate manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global fine hydrate market

Detailed Segmentation:

  • Global Fine Hydrate Market, By Application:
    • Cable Compounds
    • Sheet Moulding Compounds
    • Bulk Moulding Compounds
    • Others
  • Global Fine hydrate Market, By Region:
    • North America
      • U.S.
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
            • Bulk Moulding Compounds
          • Others
      • Canada
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
    • Latin America
      • Brazil
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
      • Mexico
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
      • Rest of Latin America
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
    • Europe
      • EU 5
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
      • Benelux
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
      • Nordic
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
      • Rest of Europe
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
    • Asia Pacific
      • China
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
      • Japan
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
      • India
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
      • Australia & New Zealand
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
      • Rest of Asia Pacific
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
    • Middle East & Africa
      • GCC
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
      • South Africa
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
      • Rest of Middle East & Africa
        • By Application
          • Cable Compounds
          • Sheet Moulding Compounds
          • Bulk Moulding Compounds
          • Others
  • Company Profiles
    • Nabaltec AG*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Huber Engineered Materials
    • Hindalco Industries Limited
    • Sumitomo Chemical Co. Ltd.
    • Alumina Castables & Chemicals Pvt. Limited
    • Aluminum Corporation of China Limited (CHALCO)
    • JINAN CHENXU CHEMICAL CO., LTD.
    • Henan Kingway Chemicals Co., Ltd.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global Fine Hydrate Market, By Application, 2017 - 2027 (US$ Million and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Cable Compounds
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Sheet Moulding Compounds
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Bulk Moulding Compounds
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
  5. Global Fine Hydrate Market, By Region, 2017- 2027 (US$ Million and Kilo Tons)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Rest of Latin America
          • Sub-region/Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • EU 5
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Nordic
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Benelux
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Rest of Europe
          • Sub-region/Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Australia & New Zealand
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Rest of Asia Pacific
          • Sub-region/Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
    • Middle East & Africa
      • Market Share Analysis, By Country/ Sub-region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Rest of Middle East & Africa
          • Sub-region/Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
  6. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Nabaltec AG*
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Huber Engineered Materials
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Hindalco Industries Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Sumitomo Chemical Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Alumina Castables & Chemicals Pvt. Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Aluminum Corporation of China Limited (CHALCO)
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • JINAN CHENXU CHEMICAL CO., LTD.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Henan Kingway Chemicals Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "Global Fine Hydrate Market” – global forecast to 2027

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
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In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

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  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

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Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users