Global Aluminum Chloride Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027

“Global Aluminum Chloride Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global aluminum chloride market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global aluminum chloride market report has been segmented on the basis of form, application, end-use industries, and region.

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Introduction     

Aluminum chloride is accessible in powdered form in white color as well as in crystal form. Aluminum chloride is a major compound of chlorine and aluminum. Aluminum chloride is used in various applications including inks, waste water treatment, food, and metal precipitation, among others. In addition, it is used as catalyst for the Friedel-Crafts reaction in an organic synthesis and for cracking of oil. Furthermore, it is deployed in manufacturing process of various petrochemicals including ethyl benzene, alkyl benzene, alkyl aryl ketone, and ethyl chloride.

Moreover, it is also used as a key ingredient in the polymerization reaction of different hydrocarbons. Contingent on the state (liquid, gas, and solid) and on operating temperature, these chlorides offer different structures such as octahedral geometry, trigonal planar, and cubic layered. Aluminum chloride can be manufactured by various methods which such as exothermic reaction of metal and chlorine and displacement reaction between copper chloride and metal and others.

Dynamics

Increasing demand for aluminum chloride across various application sectors such as waste water treatment and synthetic rubber is a major factor expected to drive growth of the target market over the next few years. In addition, growing demand for aluminum chloride from various industries such as pharmaceuticals and chemicals is another factor expected to support revenue growth of the global market over the next few years.

In addition, growing demand for this chloride from agrochemicals, metal production, and paper industries is another factor expected to increase aluminum chloride demand, which in turn projected to drive growth of the global market in the next few years.

Segmental Analysis:

On the basis of form, granular segment is expected to dominate the global aluminum chloride market over the forecast period. The granular segment revenue is also anticipated to register highest CAGR over the forecast.

On the basis of application, the inks segment is expected to account for major share in terms of revenue in the global market. The inks segment revenue is also anticipated to register highest CAGR over the forecast.

On the basis of end-use industries, the chemicals segment is expected to account for significant share in terms of revenue in the global market. The chemicals segment revenue is also anticipated to register highest CAGR over the forecast.

Regional Analysis:

Asia Pacific aluminum chloride market is expected to account for significant share in terms of revenue in the global market. The Asia Pacific market is also anticipated to register faster growth in terms of revenue over the next 10 years, owing to rapid growth in pharmaceuticals and personal care industries in the countries in region. The market in India is anticipated to account for moderate share in terms of revenue in the Asia Pacific market.

Global aluminum chloride market segmentation:

Segmentation by form:

• Granule
• Powder

Segmentation by application:

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

Segmentation by end-use industries:

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

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa