Aluminum Chemicals Market : Facts, Figures and Analytical Insights, 2015 to 2025
Aluminium is extracted by two process such as Bayer process followed by hall method. In the Bayer’s process bauxite is mixed with sodium hydroxide that dissolves in aluminium oxide. The other compounds from bauxite are left at the rear. The aluminium oxide is then treated with a Hall method. Enough cryolite is not available to make aluminium that is needed and therefore, synthetic cryolite is produced for this purpose.
Aluminium has wide areas of applications. It is used as pure metal in various compounds and alloys which is made by melting and mixing more than two metals. The aluminium chemicals also find a large area of application such as textile, medical, paper and fertilizers among others. Aluminium sulfate which is also known as alum is used in the paper and pulp industry on a large scale. The other application of alum is in the water treatment plants Aluminium based intermediates are use in the production of paints, tires, textiles, leather, foods and fertilizers among others. Aluminium acetate is a salt that is used as an astringent. Aluminium borate has application in glass and ceramics. Aluminium fluorosilicate is also used to produce glass and synthetic gemstones. Aluminium hydroxide is used as a mordant and as an antacid to purify water.
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The major driving factors for aluminum chemicals market is huge demand from water treatment plants and growing use of aluminium chemical in the glass and ceramic industry. Chemicals such as aluminium hydroxide, aluminium borate and aluminium sulfate are used on a large scale owing to the wide areas of applications in the market therefore boosting demand for aluminium chemicals in the market.
The major segments for aluminium chemicals market include North America, Asia Pacific, Europe and Rest of the World (RoW). China is the largest consumer of aluminium chemicals for manufacture of electronic products and plastics materials that are used to manufacture automobile parts. Therefore, Asia Pacific is expected to be the largest market for aluminium chemicals. North America is anticipated to boost demand for aluminium chemicals for manufacture of ceramics, paints and adhesives among others.
The key companies profiled include: Krishna Chemicals, Sumito chemicals, General Chemical USA and Hindustan Produce Company among others.
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