Anhydrous Aluminum Chloride Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts - 2022 to 2030

A white to slightly grey or yellow solid, aluminum chloride is a commonly used powerful Lewis acid finding widespread application in the chemical industry. It is widely used in Dyestuff & pigments, Hydrocarbon resins and pharmaceutical applications. Anhydrous aluminium chloride is the principal catalyst used in the Friedel-Crafts reaction, both acylations and alkylations. The product also finds application in the manufacture of Ibuprofen and other bulk drugs, ethyl benzene, isopropyl benzene, titanium dioxide, hydrocarbon resins, terpene resins and polybutenes.

On the basis of form type global anhydrous aluminum chloride market is segmented into powder type and granules type. In the base year 2020, granules dominated the overall market owing to its high usage in major applications. On the basis of application global anhydrous aluminum chloride market is segmented into Dyestuff & pigments, Hydrocarbon resins, Pharmaceuticals, Fumed alumina, Flavors & fragrances and others.

Qualitative information sets such as market dynamics (drivers, challenges and opportunities) and market inclination insights are provided in this market assessment report. Tools such as competition assessment and attractive investment proposition are also included in this study for assessment of market competition. The report concludes with company profiles section that highlights key information about the major market players operating in the global anhydrous aluminum chlorides market.

Aditya Birla Chemicals, Anmol Chloro Chem, Avi-Chem Industries, Base Metal Group, BASF SE, Chemtex Specialty Limited, Gujarat Alkalies & Chemicals Ltd., Gulbrandsen, Kemira Oyj., Lynwon Group, Nike Chemical India, Nippon Light Metal Company, etc. are few key manufacturers in anhydrous aluminum chlorides market.

Purpose of the Report

The purpose of this strategic research study titled Global Anhydrous Aluminum Chloride Market - Growth, Opportunities, Share & Competitive Analysis, 2022 - 2030 is to offer industry investors, company executives, and industry participants in-depth insights to enable them make informed strategic decisions related to the opportunities in the anhydrous aluminum chloride market.

Target Audience

• Industry Investors
• Procurement Managers from End-user Companies
• Anhydrous Aluminum Chloride Manufacturers
• Distributors

USP and Key Offerings

The report titled Global Anhydrous Aluminum Chloride Market - Growth, Opportunities, Share & Competitive Analysis, 2022 - 2030 offers strategic insights into the overall anhydrous aluminum chloride market along with the market size, and estimates for the duration 2022 to 2030. The said research study covers in-depth analysis of multiple market segments based on applications and cross-sectional study across different regions.

In order to help strategic decision makers, the report also includes competitive profiling of the leading players in anhydrous aluminum chloride market in terms of their product portfolio, financial health and business strategies. Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the anhydrous aluminum chloride industry
• Market drivers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Historical market size and data (2020 & 2021)

The granules segment accounted for the largest revenue share in the global anhydrous aluminium chloride market by form type in 2020 and is expected to maintain its dominance through the forecast period 2022 - 2030. Granules from is expected to register higher CAGR over powder form in upcoming years owing to wide use of granules in various key application segments like dyestuff & pigments, hydrocarbon resins, pharmaceuticals, etc.

Due to broad use in production of ethyl benzene and common dyes, anhydrous aluminum chloride is widely used in dyestuff and pigments segment. In 2020, segment accounted for more than 25% of market share by volume and is expected to maintain its dominance through the forecast period 2022 - 2030. Anhydrous aluminum chloride is heavily used in the dyestuff industry as a catalyst for the production of pigments and derivatives of anthraquinone. Anhydrous aluminum chloride is used in pharmaceutical industry for manufacturing ibuprofe and other bulk drugs. Fumed alumina has wide range of applications as adhesives and sealant in paint & coatings, packaging and other industries.

In base year 2020 Asia Pacific was observed as the largest market for anhydrous aluminum chloride followed by North America and Europe. In 2020, Asia Pacific accounted for more than 30% of market share by volume in global anhydrous aluminum chloride market. Asia Pacific and Latin America are the most sought after regional markets in terms of growth opportunities for upcoming years for Anhydrous Aluminum Chloride. Asia Pacific is expected to achieve highest growth rate compared to other regions due to presence of countries such as China, India and Japan which are observing significant growth. However, North America and Europe are mature markets and is expected to have moderate growth in the future.

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Anhydrous Aluminum Chloride market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Anhydrous Aluminum Chloride market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Form

• Powder Form
• Granules Form

Application

• Dyestuff & Pigments
• Hydrocarbon Resins
• Pharmaceuticals
• Fumed Alumina
• Flavors & Fragrances
• Others

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Anhydrous Aluminum Chloride market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2030.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Anhydrous Aluminum Chloride market?
• Which is the largest regional market for Anhydrous Aluminum Chloride market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Anhydrous Aluminum Chloride market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Anhydrous Aluminum Chloride market worldwide?

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