Anhydrous Aluminum Chloride Market Share, Size, Trends, and Forecast by 2031

MARKET INTRODUCTION

Anhydrous aluminum chloride is found in a broad range of organic chemical processes and is the primary catalyst for Friedel-Crafts reactions, both acylations, and alkylations, as well as used in polymerization and isomerization reactions of hydrocarbons. It is used as a catalyst in the processing of agricultural chemicals, pharmaceuticals, polymers, flavors, and fragrances. It finds use as a reactant in the production of chlorinated alkyls like ethylaluminum sesquichloride and ethylaluminum dichloride. It is also used in the production of chemical intermediates such as dyes, ethylbenzene, and pigments and in the petrochemical industry in the production of hydrocarbon resins.

MARKET DYNAMICS

Anhydrous aluminum chloride is extensively used as a catalyst in the processing of polymers, flavors, pharmaceuticals, agricultural chemicals, fragrances, and flourishing apparel. It is also used in the construction and automotive industry. A wide range of usage in diversified applications is propelling the demand for anhydrous aluminum chloride. Moreover, rapid industrial development in the Asia Pacific region provides a huge market opportunity for the key players operating in the anhydrous aluminum chloride market. However, high maintenance and cost of production is projected to hamper the overall growth of the anhydrous aluminum chloride market.

MARKET SCOPE

The "Global Anhydrous Aluminum Chloride Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the anhydrous aluminum chloride market with detailed market segmentation by form, application and geography. The global anhydrous aluminum chloride market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading anhydrous aluminum chloride market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global anhydrous aluminum chloride market is segmented on the basis of form and application. On the basis of form, the anhydrous aluminum chloride market is segmented into granule and powder. Based on application the global anhydrous aluminum chloride market is divided into dyes and pigments, pesticides, pharmaceuticals and cosmetics, hydrocarbon resins, fumed alumina, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global anhydrous aluminum chloride market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The anhydrous aluminum chloride market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the anhydrous aluminum chloride market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the anhydrous aluminum chloride market in these regions.

MARKET PLAYERS

The reports cover key developments in the anhydrous aluminum chloride market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from anhydrous aluminum chloride market are anticipated to lucrative growth opportunities in the future with the rising demand for anhydrous aluminum chloride in the global market. Below mentioned is the list of few companies engaged in the anhydrous aluminum chloride market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the anhydrous aluminum chloride market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- Aditya Birla Chemicals
- Base Metal Group
- BASF SE
- Dongying Kunbao Chemical
- Gujarat Alkalies and Chemicals Limited
- Gulbrandsen
- Juhua Group Corporation
- Kanto Denka Kogyo
- Kemira
- Nippon Light Metal

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Anhydrous Aluminum Chloride Report Scope