Anhydrous Aluminium Chloride Market: Hitting New Heights between the Forecast Period 2020 -2026 | Gulbrandsen, Aditya Birla Chemicals, Gujarat Alkalies, and more.

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.

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Anhydrous Aluminum Chloride is used as a catalyst in the processing of pharmaceuticals, agricultural chemicals, polymers, flavors, and fragrances. 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.

Companies considered and profiled in this market study
Gulbrandsen, Aditya Birla Chemicals, Gujarat Alkalies, and Chemicals Limited, BASF, Nippon Light Metal, Kemira, Nippon Soda Co. Ltd, Dongying Kunbao Chemical, Juhua Group Corporation, Kanto Denka Kogyo.

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; 2016-2026)
Granule
Powder

Applications (Revenue, USD Million; Volume, Kilo Tons; 2016-2026)
Dyes and Pigments
Pesticides
Pharmaceuticals and Cosmetics
Hydrocarbon Resins
Fumed Alumina
Electrolytic Production of Aluminium
Titanium Dioxide
Others

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Regional Outlook (Revenue in USD Million; Volume, Kilo Tons; 2016-2026)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America

Further key findings from the report suggest
1. Dyes stuff and pigments have extensive applications in the construction, apparel, and automotive industry, which contribute to the growing trends in the future. On the other hand, fumed alumina has a wide range of applications as adhesives and sealant in paint & coatings, packaging, and other industries.

2. 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.

3. Granule's form of the material is its dominating segment. This is mainly due to various applications where the granules are used, thus being more valuable than the powdered form.

4. 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.

5. Granule form segment of anhydrous aluminum chloride is valued at USD 3 million in 2018 and is expected to grow rapidly with a market share of 54.5%.

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Aims of the study
1. To curate a concise report of the market, highlighting the key vendors and significant changes observed in the market
2. Examine the existing and emergent trends and promising technological innovations in the market
3. Assessment of market values, modeled values, and international trade values, to deduce the market volume
4. Offered research-backed insights for the parent market, cost analysis, and prevailing industry trends
5. Calculate capacity utilization rate

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