Anhydrous Aluminium Chloride Market To Reach USD 1.12 Billion By 2026

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Market SummaryThe upswing in industrialization, increasing use of anhydrous aluminum chloride as a catalyst, rise in domestic production of

dyes and chemical pigments, increased use in consumer goods, cosmetics, and pharmaceuticals are key factors contributing

to high CAGR of anhydrous aluminum chloride market during the forecast period.

Market Size – USD 796.2 million in 2018, Market Growth - CAGR of 4.3%, Market Trends – Product launches and research for

advanced anhydrous aluminum chloride

According to the current analysis of Reports and Data, the global anhydrous aluminum chloride market was valued at USD

796.2 Million in 2018 and is expected to reach USD 1.12 Billion by the year 2026, at a CAGR of 4.3%. Anhydrous aluminum

chloride is an odorless white crystalline solid, which is also known as aluminum trichloride. It often gives a yellow color due to

contamination and is synthesized from gaseous chlorination of molten aluminum. Anhydrous Aluminum Chloride is used as a

catalyst in the processing of pharmaceuticals, agricultural chemicals, polymers, flavors, and fragrances.

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Market SummaryFlourishing apparel, construction, and automotive industry will contribute in anhydrous aluminum chloride market growth due to the wide application of the product in dyes & pigments, which are used continuously in textiles, paints & coatings, varnishes, etc. The product is also utilized in the cosmetics industry in synthesizing perfumes, deodorants, and other fragrances. Prompt changes in the lifestyle of people are likely to fuel the growth of the cosmetic industry in the coming years. The upswing in industrialization demands more for wastewater treatment solutions thus increases the demand for aluminum chloride and boosts the market. Stringent regulations have been imposed by the government on the usage of the product due to its hazardous and toxic nature for human health and environment. It hampers the growth of anhydrous aluminum chloride market size in the coming future.Further key findings from the report suggest-• Asia-pacific is undergoing faster industrialization, urbanization, pharmaceutical, paints, and

coating industries, which are driving the demand for anhydrous aluminum chloride for various applications and contributing to the growth in anhydrous aluminum chloride market.

• The dyes and pigments segment is showing the fastest growth of the anhydrous aluminum chloride market. Anhydrous aluminum chloride is used as a catalyst to derive major dye intermediates.

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Market Summary

Companies considered and profiled in this market studyBASF SE, Kemira, Gulbrandsen, Gujarat Alkalies & Chemicals Ltd., Aditya Birla Chemicals, Base Metal Group, Xiangshui Long Yang and Lynwon Group.

For this report, Reports and Data have segmented the anhydrous aluminum chloride market based on form, applications, and region:Form (Revenue, USD Million; Volume, Kilo Tons; 2016–2026)• Granule• PowderApplications (Revenue, USD Million; Volume, Kilo Tons; 2016–2026)• Dyes and Pigments• Pesticides• Pharmaceuticals and Cosmetics• Hydrocarbon Resins• Fumed Alumina• Electrolytic Production of Aluminium• Titanium Dioxide• Others

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Market SummaryRegional Outlook (Revenue in USD Million; 2016–2026)• North America• Europe• Asia Pacific• Latin America• Middle East and Africa (MEA)

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