Anhydrous Aluminium Chloride Market: Detailed Analysis Trends, drivers And Competitors

25/mag/2017 15:40:47 Global Market Insights Contatta l'autore

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The global anhydrous aluminium chloride market share on the basis of application is segmented based on application into dyes stuff & pigments, pharmaceuticals, hydrocarbon resins, flavours & fragrances and fumed alumina.

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Global Anhydrous Aluminium Chloride Market size is escalating and is anticipated to grow at a moderate rate during the forecast period. Anhydrous aluminium chloride is an odourless white crystalline solid, also known as aluminium trichloride (AlCl3). It often gives a yellow colour due to contamination and is synthesized from gaseous chlorination of molten aluminium. The product is used in pharmaceutical industry for manufacturing ibuprufen and other bulk drugs. Pharma industry is booming at a CAGR of over 6% and will eventually have positive influence on the anhydrous aluminium chloride market share over the projected timeframe. 

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The product has wide range of applications in various industries including pharmaceuticals, chemical manufacturing, cosmetic, packaging and metallurgy. The chemical manufacturing industry is a major driver contributing towards anhydrous aluminium chloride market size across globe. It is used in manufacturing variety of chemical intermediates including dyes & pigments, ethylbenzene, hydrocarbon resins and other inorganic products such as fumed alumina and titanium oxide.

Regionally, Global Market Insights, Inc.’s Anhydrous Aluminium Chloride market research has the most in-depth, country focused estimates and forecasts for decision makers across the globe. An exhaustive list of company profiles for organizations active in the Anhydrous Aluminium Chloride Market supports the regional analysis and information offering a competitive outlook on the industry. For each segment analyzed in this research, whether it is by product, application, material or end-use, a regional overview with historical data and Anhydrous Aluminium Chloride Market forecast is provided to the reader. Such a cross-segmentation research analysis is also unique to reports by Global Market Insights, Inc.

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The global anhydrous aluminium chloride market players are BASF SE, Kemira, Gulbrandsen, Gujarat Alkalies & Chemicals Ltd., Aditya Birla Chemicals, Base Metal Group, Xiangshui Long Yang and Lynwon Group. Companies have been expanding business to improve their global presence in the market. For instance, Gulbrandsen acquired Arkema business of anhydrous aluminium chloride to expand its business and improve its global presence in the market.

 

The major players of the market are based in China and India and thereby suggesting that market is consolidated in Asia Pacific. Furthermore, major companies including BASF and Kerima have presence across multiple stages of the industry ecosystem in order to achieve competitive advantage in the business.

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