Global Anhydrous Aluminum Chloride Market 2018-2022
About Anhydrous Aluminum Chloride
Anhydrous aluminum chloride is an inorganic chemical compound that does not contain water molecules. It is a grayish-white or yellowish crystalline compound with a characteristic odor. It is used as a powerful Lewis acid catalyst in several chemical reactions, mainly in Friedel-Crafts alkylations and Friedel-Crafts acylations. Anhydrous aluminum chloride occurs in two forms: granule and powder.
Technavio’s analysts forecast the global anhydrous aluminum chloride market will post a revenue of more than USD 870 million by 2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global anhydrous aluminum chloride market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Anhydrous Aluminum Chloride Market 2018-2022
Technavio recognizes the following companies as the key players in the global anhydrous aluminum chloride market: Base Metal Group, BASF, Gujarat Alkalies and Chemicals Limited, Gulbrandsen, Kemira, and Nippon Light metal.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising use of anhydrous aluminum chloride granules. 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.”
According to the report, one driver in the market is growing demand for dyes and pigments. 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.
Further, the report states that one challenge in the market is health hazards of anhydrous aluminum chloride. Anhydrous aluminum chloride is known to have some severe toxic effects despite its use in wide range of applications such as dyestuff and pigments, hydrocarbon resins, pharmaceuticals, fumed alumina, flavors and fragrance, agrochemicals, water treatment, and other chemical synthesis applications.
Base Metal Group, BASF, Gujarat Alkalies and Chemicals Limited, Gulbrandsen, Kemira, and Nippon Light metal.
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