Global Anhydrous Aluminum Chloride Market 2018-2022

Overview of the global anhydrous aluminum chloride market

Technavio’s market research analysts have identified the growing demand for dyes and pigments industry as one of the primary factors that will trigger the growth of the anhydrous aluminum chloride market in the coming years. Dyes and pigments industry extensively uses anhydrous aluminum chloride due to its significant characteristics. The anhydrous aluminum chloride-based dyes and pigments find its application as a colorant. These colorants have wide applications in paints, coatings, pharmaceuticals, plastics, textiles, cosmetics, inks, and paper industries. APAC is undergoing fast-paced industrialization, urbanization, pharmaceutical, paints and coating industries which are driving the demand for anhydrous aluminum chloride for various applications. Technavio’s market research analysts predict that this global market will post a revenue of more than USD 870 million by 2022.

The rising use of anhydrous aluminum chloride granules is one of the key trends in the anhydrous aluminum chloride market. The acceptance of a granular form of anhydrous aluminum chloride is more as compared with powder form. The granular form of anhydrous aluminum chloride is used in pharmaceuticals, hydrocarbon resins, dyestuff, and pigments. Moreover, it has numerous advantages over powder form such as high purity, excellent flowing ability, high compressibility, and low metal impurities.

Companies covered

The anhydrous aluminum chloride market appears to be fragmented due to the presence of several vendors. This industry research report offers in-depth analysis of the competitive strategies adopted by the anhydrous aluminum chloride manufacturers to sustain among the competitors in the market. Technavio’s analysts also study the key market areas along with the product offerings of the vendors in the market.

The report includes an analysis of a number of companies in this marketspace including -

• Base Metal Group
• BASF
• Gujarat Alkalies and Chemicals Limited
• Gulbrandsen
• Kemira
• Nippon Light metal

Segmentation by application and analysis of the anhydrous aluminum chloride market

• Dyestuff and pigments
• Flavors and fragrances
• Hydrocarbon resins
• Pharmaceuticals

The dyestuff and pigments segment accounted for the major share of the market during 2017. The dominance of this segment is due to the increased sales volume. Our analysts predicted that this segment will perform well in the forthcoming years.

Geographical segmentation and analysis of the anhydrous aluminum chloride market

• Americas
• APAC
• EMEA

In terms of geography, APAC accounted for the majority of shares in the market during 2017. Rapid industrialization, urbanization, and growing pharmaceutical industries are driving the demand for anhydrous aluminum chloride market in this region. Moreover, the anhydrous aluminum chloride manufacturers in this region are focusing on different sectors for selling their products.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global anhydrous aluminum chloride market?
• What are the key market trends impacting the growth of the global anhydrous aluminum chloride market?
• What are the challenges to market growth?
• Who are the key vendors in the global anhydrous aluminum chloride market?
• What are the market opportunities and threats faced by the vendors in the global anhydrous aluminum chloride market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global anhydrous aluminum chloride market?

Technavio also offers customization on reports based on specific client requirement.