Global Anhydrous Aluminum Chloride Market 2018-2022

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:

• Americas
• APAC
• EMEA

Technavio's report, Global Anhydrous Aluminum Chloride Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

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

Market driver

• Growing demand for dyes and pigments
• For a full, detailed list, view our report

Market challenge

• Health hazards of anhydrous aluminum chloride
• For a full, detailed list, view our report

Market trend

• Rising use of anhydrous aluminum chloride granules
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

Press Release

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.

Companies Mentioned

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