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Anhydrous Aluminium Chloride Market To Reach USD 1.12 Billion By 2026 www.reportsanddata.com sales@reportsanddata.com
Market Summary The 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.
Our Approach Market Summary 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. Flourishing 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. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2133
Our Approach Market Summary Further key findings from the report suggest Dyes stuff and pigments have extensive applications in the construction, apparel, and automotive industry, which contribute to the growing trends in the future. On the other hand, fumed alumina has a wide range of applications as adhesives and sealant in paint & coatings, packaging, and other industries. 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. Granule's form of the material is its dominating segment. This is mainly due to various applications where the granules are used, thus being more valuable than the powdered form. 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. Granule form segment of anhydrous aluminum chloride is valued at USD 3 million in 2018 and is expected to grow rapidly with a market share of 54.5%. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/anhydrous-aluminium-chloride-market
Our Approach Market Summary Key participants include BASF 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 Powder
Our Approach Market Summary Applications (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 Order Now:https://www.reportsanddata.com/checkout-form/2133
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com Our Approach About Us