Press release
Anhydrous Aluminum Chloride Market 2024 – Industry Key Growth Factor Analysis & Research Study
Read Report Overview @
https://www.transparencymarketresearch.com/anhydrous-aluminum-chloride-market.html
As stated in a research report released by Transparency Market Research, the overall degree of competition within the global anhydrous aluminum chloride market is expected to remain very high over the coming years. The market does possess a considerable number of players that are already established at a global and/or regional level. However, the entry barriers for new players are low due to the low capital needed to setup in the market. However, the increasingly strict regulations surrounding the global anhydrous aluminum chloride market are creating a visible obstruction in the growth rate of these new entrants. By revenue, the global anhydrous aluminum chloride market is expected to reach US$912.25 mn by the end of 2024. It is expected to expand at a CAGR of 2.9% from 2016 to 2024 and is also expected to reach US$704.27 mn by the end of 2016.
“The nations from the currently high-interest Asia Pacific region are currently the leading reason for the growth of the anhydrous aluminum chloride market as a whole. The manufacturing of dyestuff and pigments has shot up in this region, owing to the booming industries of apparels, construction, and automotive. Their proliferation is directly benefitting the players in the global anhydrous aluminum chloride market and a lot of these names from North America and Europe are looking to take up a share of the expanding Asia Pacific market. The nations of China and India are further showing a phenomenal expansion in their pharmaceutical industries, creating an even greater demand for anhydrous aluminum chloride over the coming years,” states a TMR analyst.
While the utility of anhydrous aluminum chloride is unquestioned, its negative effects on humans as well as the environment are also equally concerning. Ingestion or inhalation anhydrous aluminum chloride can be toxic to humans due to its irritating nature. Several cases of skin burns are known to occur on workers handling anhydrous aluminum chloride in manufacturing centers and their safety is expected to be a primary concern to the market’s players. Another complication arises when anhydrous aluminum chloride reacts with water to give off hydrogen chloride, a particularly strong colorless gas that can cause severe irritation to skin or form hydrochloric acid upon contact with moisture.
Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=18431
“Players in the global anhydrous aluminum chloride market to be extremely aware of the safety standards that they are performing in and meeting all regulatory standards set out by their region of operation. Amidst the growing demand for anhydrous aluminum chloride, all players are showing a very high rate of interest in Asia Pacific, where they are expected to gain significant opportunities overt the coming years,” adds the analyst.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Anhydrous Aluminum Chloride Market 2024 – Industry Key Growth Factor Analysis & Research Study here
News-ID: 914874 • Views: …
More Releases from Transparency Market Research Reports
High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction
Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,…
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control…
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights
The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers.
The demand for crude oil is increasing…
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction
In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027
Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon…
More Releases for TMR
Ophthalmic Drugs Market Reviews 2027 | TMR Study
Ophthalmic Drugs Market: Overview
According to Transparency Market Research's latest report on the global Ophthalmic Drugs Market for the historical period 2017-2018 and forecast period 2019-2027, Rising adoption of newly developed therapeutics in ophthalmology, Increasing incidence rates of eye related disorders, Advanced retinal treatment approvals for unmet needs in eye disorders, Significant awareness about the diagnosis and treatment of eye disorders are projected to drive the global Ophthalmic Drugs Market during the forecast period.
According…
Electronic Lab Notebook (ELN) Market | TMR Research
Global Electronic Lab Notebook (ELN) Market: Overview
Rising adoption of robotics and process automation in various business verticals, especially in healthcare sector is the prime reason for the growth of global electronic lab notebook (ELN) market. With ELN solutions it is now possible to set-up, execute and monitor the derived result in much lesser time. Owing to these benefit the global electronic lab notebook market in the forecast period of 2018…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Compound Chocolate Market 2018-2028 | TMR Research
Global Compound Chocolate Market: Overview
The demand within the global compound chocolate market has been rising on account of advancements in the field of confectioneries. The use of compound chocolate manufacture novel food products has played to the advantage of the global market. Compound chocolate is made up of cocoa and vegetable sweeteners, and this is the most unique trait of this form of chocolate. Several new and old vendors in…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
TMR - Research Reports
The torque sensor is a device that is used to measure and record torque on a rotating system. Torque monitoring and measurement are critical parameters in nearly all rotating parts, equipment and machines, which guarantees high performance. Torque monitoring is implemented by using torque systems. There are two types of torque systems - static and dynamic torque. Dynamic torque is tricky to measure and requires transfer of some form of…
