Worldwide Aluminium Chloride Market demand is expected to US$ 873.2 million in 2022, projected growth at a CAGR of 4.2% , valued in US$ 1,317.6 million between 2022 and 2032. The growth is attributed to increasing industrialization worldwide.
Aluminium Chloride is available in crystal form as well as powdered form in white color. It is one of the major compounds of aluminium and chlorine. Some of the key applications of aluminium chloride include waste water treatment, inks, metal precipitation, and food among others. Further, it is used as a catalyst for Friedel-Crafts reaction in organic synthesis and also for cracking of oil.
Moreover, it is also deployed in manufacturing of various petrochemicals which include ethyl benzene, ethyl chloride, and alkylbenzene and alkyl aryl ketone. Moreover, it also finds application as a key ingredient in polymerization reaction of various hydrocarbons.
Depending on the state (gas, liquid, solid) and on the operating temperature, aluminium chloride exhibits different structures such as cubic layered, octahedral geometry and trigonal planar. Aluminium chloride can be produced by various methods which include exothermic reaction of chlorine & metal, displacement reaction between metal and copper chloride & others.
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Global Aluminium Chloride Market: Dynamics
Upswing in industrialization is expected to in turn augment the demand for waste water treatment solutions so as to reduce pollution levels. Waste water treatment being one of the major application areas for aluminium chloride, demand for aluminium chloride is expected to in turn witness a steady growth during forecast period.
Increasing demand for aluminium metal powder from various industries is the major factor that is expected to propel the demand for aluminium chloride during forecast period. The increasing production of pigments and dye-stuffs especially in countries in Asia Pacific region is expected to drive growth of global aluminium chloride market during forecast period.
Moreover, growth of pharmaceuticals and personal care industry is another factor that is expected to in turn fuel the demand for aluminium chloride, thus driving growth of global aluminium chloride market over forecast period.
Global Aluminium Chloride Market: Region-wise Outlook
The global aluminium chloride market is divided into seven key regions namely North America, Latin America, Asia-Pacific, Western Europe, Eastern Europe, Japan and Middle East & Africa. Asia-Pacific is anticipated to dominate the global aluminium chloride market during forecast period.
North America and Western Europe regions are expected to witness a steady growth in consumption of aluminium chloride over the forecast period primarily due to increasing demand waste water treatment application.
Global Aluminium Chloride Market: Key Players
The key players involved in the manufacturing of aluminium chloride include
- GFS Chemicals
- Cellmark AB
- Skyhawk Chemicals
- Southern Ionics
- Tokyo Kasei Kogyo Co. Ltd.
- Kemira kemi AB
- GEO Specialty Chemicals, Inc.
- Noah Technologies Corporation.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, production methods, end-use industries and applications.
Global Aluminium Chloride Market: Segmentation
The global aluminium chloride market can be segmented on the basis of production method, application and end-use industries.
On the basis of production method, global aluminium chloride market can be segmented into
- Chlorination of aluminium
- Crystallization of anhydrous aluminium chloride from solution of HCL
- Reaction of bauxite with coke and chlorine
On the basis of application, aluminium chloride market can be segmented into
- Waste water treatment
- Synthetic rubber
- Wood Preservatives
On the basis of end-use industries, global aluminium chloride market can be segmented into
- Metal Production
- Pulp & Paper
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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