Title: Anhydrous Aluminium Chloride Market
1Anhydrous Aluminium Chloride Market To Reach USD
1.12 Billion By 2026
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2Market Summary
The upswing in industrialization, increasing use
of anhydrous aluminum chloride as a catalyst,
rise in domestic production of dyes and chemical
pigments, increased use in consumer goods,
cosmetics, and pharmaceuticals are key factors
contributing to high CAGR of anhydrous aluminum
chloride market during the forecast
period. Market Size USD 796.2 million in 2018,
Market Growth - CAGR of 4.3, Market Trends
Product launches and research for advanced
anhydrous aluminum chloride According to the
current analysis of Reports and Data, the global
anhydrous aluminum chloride market was valued at
USD 796.2 Million in 2018 and is expected to
reach USD 1.12 Billion by the year 2026, at a
CAGR of 4.3. Anhydrous aluminum chloride is an
odorless white crystalline solid, which is also
known as aluminum trichloride. It often gives a
yellow color due to contamination and is
synthesized from gaseous chlorination of molten
aluminum. Anhydrous Aluminum Chloride is used as
a catalyst in the processing of pharmaceuticals,
agricultural chemicals, polymers, flavors, and
fragrances.
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3Market Summary
- Flourishing apparel, construction, and automotive
industry will contribute in anhydrous aluminum
chloride market growth due to the wide
application of the product in dyes pigments,
which are used continuously in textiles, paints
coatings, varnishes, etc. The product is also
utilized in the cosmetics industry in
synthesizing perfumes, deodorants, and other
fragrances. Prompt changes in the lifestyle of
people are likely to fuel the growth of the
cosmetic industry in the coming years. The
upswing in industrialization demands more for
wastewater treatment solutions thus increases the
demand for aluminum chloride and boosts the
market. Stringent regulations have been imposed
by the government on the usage of the product due
to its hazardous and toxic nature for human
health and environment. It hampers the growth of
anhydrous aluminum chloride market size in the
coming future.Further key findings from the
report suggest- - Asia-pacific is undergoing faster
industrialization, urbanization, pharmaceutical,
paints, and coating industries, which are driving
the demand for anhydrous aluminum chloride for
various applications and contributing to the
growth in anhydrous aluminum chloride market. - The dyes and pigments segment is showing the
fastest growth of the anhydrous aluminum chloride
market. Anhydrous aluminum chloride is used as a
catalyst to derive major dye intermediates. - Avail the inside scoop of the Sample report _at_
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4Market Summary
- Companies considered and profiled in this market
study - BASF SE, Kemira, Gulbrandsen, Gujarat Alkalies
Chemicals Ltd., Aditya Birla Chemicals, Base
Metal Group, Xiangshui Long Yang and Lynwon
Group. - For this report, Reports and Data have segmented
the anhydrous aluminum chloride market based on
form, applications, and region - Form (Revenue, USD Million Volume, Kilo Tons
20162026) - Granule
- Powder
- Applications (Revenue, USD Million Volume, Kilo
Tons 20162026) - Dyes and Pigments
- Pesticides
- Pharmaceuticals and Cosmetics
- Hydrocarbon Resins
- Fumed Alumina
- Electrolytic Production of Aluminium
- Titanium Dioxide
- Others
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5Market Summary
- Regional Outlook (Revenue in USD Million
20162026) - North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa (MEA)
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