Anhydrous Aluminium Chloride market products, applications and strategic outlook 2017- 2024
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It is used in manufacturing variety of chemical intermediates including dyes & pigments, ethylbenzene, hydrocarbon resins and other inorganic products such as fumed alumina and titanium oxide. Chemical manufacturing industry being diversified has witnessed growth potential over years and henceforth will significantly contribute towards the anhydrous aluminium chloride market by 2024.
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Flourishing apparel, construction and automotive industry will also help in anhydrous aluminium chloride market growth due to extensive application of product in dyes & pigments, which are majorly used in textiles, paints & coatings, varnishes, etc. The product is also utilized in cosmetics industry in synthesizing perfumes, deodorants and other fragrances. Prompt changes in life style of people is likely to fuel the growth of cosmetic industry in the coming years.
Stringent regulations have been imposed on usage of product due to its hazardous and toxic nature for human health and environment. The product is exceedingly harmful in case of direct contact with eye, skin as it causes irritation in the exposed areas.
The Anhydrous Aluminium Chloride Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Anhydrous Aluminium Chloride Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Anhydrous Aluminium Chloride Product Insights
5. Anhydrous Aluminium Chloride Application Insights
6. Anhydrous Aluminium Chloride Regional Insights
7. Competitor Profiles
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Asia Pacific is a major contributor and accounted for more than 35% of the global aluminium chloride market share in 2016. Due to thriving pharmaceutical and cosmetic industry in countries including India and China it is expected to significantly contribute towards anhydrous aluminium chloride market size in future.
The global anhydrous aluminium chloride market players are BASF SE, Kemira, Gulbrandsen, Gujarat Alkalies & Chemicals Ltd., Aditya Birla Chemicals, Base Metal Group, Xiangshui Long Yang and Lynwon Group. Companies have been expanding business to improve their global presence in the market.
The major players of the market are based in China and India and thereby suggesting that market is consolidated in Asia Pacific. Furthermore, major companies including BASF and Kerima have presence across multiple stages of the industry ecosystem in order to achieve competitive advantage in the business.
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