Allied Market Research

2024

Aluminium Chloride Market

Aluminium Chloride Market Size, Share, Competitive Landscape and Trend Analysis Report by Application and by Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2023-2032

MC : Bulk Chemicals

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Author's: | Eswara Prasad
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Aluminium chloride is a white crystalline inorganic compound having low melting and boiling point. This compound is widely used as Lewis acid and it also acts as a catalyst in different reactions Including the Friedel-Crafts alkylation. Aluminium chloride is commercially manufactured by reacting aluminium metal with chlorine or hydrogen chloride gas at temperatures of about 650 to 750 degrees Celsius. Aluminium chloride has a wide range of applications such as antiperspirant, coagulating agent in wastewater treatment and also in the manufacture of petrochemicals such as ethyl benzene, ethyl chloride, and others.

Market scope and structure analysis:

Report Metric

Details

Market size available for years

2019–2027

Base year considered

2019

Forecast period

2020–2027

Forecast units

Value (USD)

Segments covered

Application, Industry Vertical, and Region

Geographies covered

North America (U.S. and Canada), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of LATAM) and Middle East and Africa (Saudi Arabia, UAE, Kuwait, South Africa, and Rest of MEA)

Companies covered

GFS Chemicals, Holland Company Incorporation,Gulbrandsen, Cellmark AB, Skyhawk Chemicals, Southern Ionics, Tokyo Kasei Kogyo Co. Ltd., Kemira kemi AB, GEO Specialty Chemicals Inc. And Noah Technologies Corporation.

COVID-19 scenario analysis:

  • The global aluminium chloride market has been positively affected by the COVID-19 pandemic to a great extent.
  • Since the advent of the pandemic, there is an increase in concern about hygiene and cleanliness among the people across the globe. As a result, there is a high demand for water treatment, which resulted in an increase in application of aluminium chloride in the market.
  • However, due to the global economic slowdown caused by the pandemic, the demand for personal care products has increased significantly. As a result, the demand for aluminium chloride in the personal care sector has increased and thereby positively affecting the market growth.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

One of the primary factors responsible for driving the growth of the aluminium chloride market is its application in wastewater management. With the rapid growth in industrialization around the world, there is a growing demand for wastewater treatment to reduce the pollution level. As a result, the demand for aluminium chloride in coagulation and flocculation treatment of wastewater has increased exponentially. The rise in popularity of domestic wastewater treatment also adds to the growth of the market. On the other hand, the increase in application of aluminium chloride in the personal care and pharmaceutical industries as a reliable antiperspirant is expected to fulfil the requirement of the compound during the forecast period. However, the fluctuating prices of the raw materials limit the market growth.

          The market in the Asia-Pacific region is expected to hold significant share of the global aluminium chloride market because of the rapid infrastructural development and emphasis of the governments toward wastewater management in the developing nations of the region. The marketin Europe and North America regions is also expected to witness a steady growth due to high consumption of aluminium chloride in the personal care and pharmaceutical sectors along with the wastewater treatment applications.

Key segments covered:

Segments

Sub-segments

Application

  • Waste water treatment
  • Inks
  • Synthetic rubber
  • Lubricants
  • Wood Preservatives
  • Others

Industry Vertical

  • Chemicals
  • Pharmaceuticals
  • Agrochemicals
  • Metal Production
  • Pulp & Paper
  • Others

Key benefits of the report:

  • This study presents the analytical depiction of the global aluminum chloride industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global aluminum chloride market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global aluminum chloride market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global aluminum chloride market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Aluminium Chloride Market research report:

  • What are the leading market players active in the aluminum chloride market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?

Aluminium Chloride Market Report Highlights

Aspects Details
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By Application
  • Waste water treatment
  • Inks
  • Synthetic rubber
  • Lubricants
  • Wood Preservatives
  • Others
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By Industry Vertical
  • Chemicals
  • Pharmaceuticals
  • Agrochemicals
  • Metal Production
  • Pulp and Paper
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)

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Aluminium Chloride Market

Global Opportunity Analysis and Industry Forecast, 2023-2032