The Global Anhydrous Aluminium Chloride Market was valued at 775 million USD and has been witnessing positive growth rates in the past few years. It is also expected to grow at a CAGR of 4.2% during the outlook period of 2020 to 2025.
The growth rate in the worldwide anhydrous aluminium chloride market is attributed to the rising need for this product in various end use industries. Anhydrous aluminium chloride acts as a catalyst in various chemical processes and thus enables a faster and smoother reaction. The market is driven by the heavy implications of the compound in many chemical industries. It is very economic and requires low set up time and thus it attracting different industry verticals. In addition to this, the trend for dyeing is increasing. They are also used as raw materials in the manufacturing of fumed alumina, production of aluminium and as a nucleating agent for the making of titanium oxide.
Aluminium scrap and chlorine are some of the raw materials required for manufacturing this anhydrous aluminium chloride. Aluminium scrap is obtained from several sources, where one of them being scrap dealers, and chlorine is sourced from various caustic soda and chlorine producers. As the production of anhydrous aluminium chloride is heavily dependent on the supply of chlorine, the production price of this chloride varies as per the supplier price of chlorine and availability of the aluminium scrap.
Anhydrous Aluminium Chloride market is segmented as powder, granules and crystals based on their form. Granular segment is estimated to register the dominant share in the worldwide market over the forecast period. End use industries such as pesticides, chemical manufacturing and pharmaceuticals are increasing the demand for the anhydrous aluminium chloride around the world.
Recently, 3D hierarchical AlV3O9 microspheres were developed that can be used as a cathode material for rechargeable Aluminium – ion batteries. AlV3O9 electrode made of nanosheets can be used as cathode material with Aluminium chloride as electrolyte & Aluminium metal as cathode material in Al – ion batteries. These batteries exhibited very good electrochemical performance as the columbic efficiency is almost 100 %.
College of Resources and Environment, Chengdu University of Information Technology, China developed an improved rice straw biochar (RSB) prepared by mixing aluminium chloride to enrich the dewatering mechanism of sludge in the sewage treatment plant. The modified RSB decreases the extracellular polymeric substances (EPS) and enhances sludge dewatering capacity.
Recently a highly reversible Co3S4 microsphere cathode material has been developed for Al – ion batteries. Co3S4 represented high electrochemical performance as the battery experiences reversible Al+3 intercalation with Co+2/Co+3 as redox couple in cathode & electrochemical depositions on Al metal anode.
Anhydrous Aluminium Chloride Market Drivers & Restraints
The rise in the use of Anhydrous Aluminium Chloride in various industries has demanded a more systematic market instead of the present fragmented style. Many medium and large players are coming up with new technologies in the advanced products prepared with the Anhydrous AlCl3 so that it can be used for various sectors. The agricultural sector is also one of the reasons for the growth as it is used as a pesticide in farms & thereby, increasing the demand for the respective product.
Anhydrous Aluminium Chloride is used as a catalyst in Dye manufacturing. In terms of numbers, 24 % of the global Anhydrous Aluminium Chloride represented only for Dye manufacturing industry. The rise in dye market is directly related to the growth in this market.
It is also one of key material in cosmetics, & pharmaceutical industry which is also responsible to the boom in the market. The increase in harmful waste produced due to manufacturing, high maintenance cost & a lot of labour need is some of the hindering factors for the growth of the market. Strict Environmental policies & lack of awareness & maintenance of toxic effluents are also some of the reasons inhibiting the growth of the market.
Anhydrous Aluminum Chloride Market Segmentation as per the research report until 2025.
By Form (Granule, Powder)
By Application (Dyes & Pigments, Pesticides, Pharmaceuticals & Cosmetics, Hydrocarbon Resins, & Electrolyte)
By Region (North America, Europe, Latin America, Asia Pacific, & Middle East & Africa)
In terms of region, the Asia Pacific (APAC) region is expected to dominate the global anhydrous aluminium chloride market during the outlook period. The cheap labour associated with many Asian countries is surfacing many investment opportunities for key market players in this locale. In 2019, Asia Pacific region accounted for more than 39% of the total market share across the globe. North America is the second largest market that is growing at a CAGR of 4 % during the past few years. The presence of the some of the leading players and the increasing investments by these players in the development of innovative products is also acting positively for the development of the North American anhydrous aluminium chloride market.
Europe is another prominent region in the worldwide market that is anticipated to register significant growth in the coming years, owing the supportive government initiatives in several developed nations. Nonetheless, the market in the regions of Latin America and the Middle East and Africa is also estimated to progress with a considerable development rate in the foreseen period.
Key Market Players:
Some of the key market players Gulbrandsen (United States of America), Aditya Birla Chemicals (India), Gujarat Alkalies & Chemicals (India), BASF (Germany), Kemira Oyj (Finland), Nippon Light (Japan), & Xiangshui Long Yang (China).
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.4 Y-o-Y Growth Analysi, By Form
5.1.5 Market Attractiveness Analysis, By Form
5.1.6 MarketShare Analysis, By Form
5.2.1 Dye & Pigments
5.2.3 Pharmaceuticals & Cosmetics
5.2.4 Hydrocarbon Resins
5.2.6 Y-o-Y Growth Analysis , By Applications
5.2.7 Market Attractiveness Analysis, By Applications
5.2.8 Market Share Analysis, By Applications
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Form
22.214.171.124 By Application
6.1.4 Market Attractiveness Analysis
126.96.36.199 By Geographical Area
188.8.131.52 By Form
184.108.40.206 By Application
6.1.5 Market Share Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Form
22.214.171.124 By Application
6.2 North America
6.1.2 United States
6.3.6 South Korea
6.5 Latin America
6.4.5 Rest of Latin America
6.6 Middle East & Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Aditya Birla Chemicals
8.3 Gujarat Alkalies & chemicals
8.5 Kemira Oyj
8.6 Nippon Light
8.7 Xiangshui long Yang
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
The segment-level analysis in terms of By Diagnostic Wearable Devices, and Therapeutic Wearable Devices along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Global Anhydrous Aluminum Chloride market Market By Region, From 2020-2025 ( USD Million )
Global Anhydrous Aluminum Chloride market Market By Form, From 2020-2025 ( USD Million )
Global Granule Market By Region, From 2020-2025 ( USD Million )
Global powder Market By Region, From 2020-2025 ( USD Million )
Global Anhydrous Aluminum Chloride market Market By Applications, From 2020-2025 ( USD Million )
Global Dye & Pigments Market By Region, From 2020-2025 ( USD Million )
Global Pesticide Market By Region, From 2020-2025 ( USD Million )
Global Pharmaceutical & Cosmetics Market By Region, From 2020-2025 ( USD Million )
Global Hydrocarbon Resins Market By Region, From 2020-2025 ( USD Million )
Global Electrolyte Market By Region, From 2020-2025 ( USD Million )