Anhydrous Aluminum Chloride Market - Forecast(2023 - 2028)

Report Code: CMR 49921 Report Format: PDF + Excel

Anhydrous Aluminum Chloride Market Overview

Anhydrous Aluminum Chloride Market size is forecast to reach $1.3 billion by 2025, after growing at a CAGR of 4.5% during 2020-2025. Anhydrous aluminium chloride is an odorless, white or pale yellow crystalline solid material that violently liberates hydrogen chloride (HCl) gas when reacts with water. Increasing usage of anhydrous aluminium chloride as catalyst in various end users such as pharmaceuticals and chemical manufacturing industry is driving the growth of anhydrous aluminium chloride market share. They are also used for the production of hydrocarbon resin. Surging demand of anhydrous aluminium chloride from agrochemical industry for manufacturing herbicides and insecticides are also boosting the growth of market. However, exposure to anhydrous aluminium chloride may cause severe problems including irritation and skin infections which in turn hampers the growth of market.

Report Coverage

The report: “Anhydrous Aluminium Chloride Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Anhydrous Aluminium Chloride Industry. 

By Form: Powder, Crystal, Granules, and Others
By Packaging: Bags, Drums, Bottles, and Others
By Application: Pharmaceuticals, Dyes & Pigments (TiO2, CPC Green, and Blue Anthraquinone), Cosmetics (Soaps, Antiperspirants, and Others), Hydrocarbon Resins, Pesticides (Insecticides, Herbicides, Fungicides, and Others), Chemical Processing (Isopropyl Benzene, Ethyl Benzene, Titanium Dioxide, and Others), and Others.
By Geography: North America, South America, Europe, APAC, and RoW

Key Takeaways

  • Due to the well-established pharmaceuticals companies and heavy expenditure of government in health care has increased the demand of anhydrous aluminium chloride market in the United States. The U.S. health care spending grew by 4.6 percent in 2018, reaching $3.6 trillion.
  • Restrictions on the use of anhydrous aluminium chloride in antiperspirants is hampering the growth of anhydrous aluminium chloride market. For instance, Switcher land has banned the use of antiperspirants that contains aluminium salts because it can cause breast cancer. 

Form - Segment Analysis

Granule segment dominated the anhydrous aluminium chloride market with a share of more than 50% in 2019. Granular form of anhydrous aluminium chloride is preferred owing to uses as a catalyst across various applications such as pesticides, reforming hydrocarbons, and cosmetics. Granule anhydrous aluminium chloride is a powerful Lewis acid which is capable of forming Lewis base adducts even with weak bases such as benzophenone and mesitylene. It is used as primary catalyst for Friedel-Crafts reactions (Alkylation and Acylation) and are also used in polymerization and isomerization of hydrocarbons for example ethyl benzene which used in styrene.

Packaging Type-Segment Analysis

The bag segment holds the largest share of more than 35% in the anhydrous aluminium chloride market in 2019. Anhydrous aluminium chloride is highly reactive and generates large amount of heat when comes in contact with water. Due to its large demand from agriculture, petrochemical and paint and dye industries, they are mostly transported as granules via seaports in bags. Bags are cost efficient and are environmentally friendly as compared to high density polyethylene (HDPE) drums. Bags are coated with aluminium from outside and double plastic from inside. Also, the regulations of International Maritime Dangerous Goods Code lay down principles for transporting anhydrous aluminium chloride. 

Application – Segment Analysis

Dyes & pigment segment holds the largest share of more than 25% in the anhydrous aluminium chloride market in 2019. Increase in demand of dyes and pigments from construction, automotive and textile industries for painting, coating and varnishing purposes is boosting the growth of anhydrous aluminium chloride market. Anhydrous aluminium chloride is useful in production of CPC green and blue anthraquinone which is the precursor for dyestuffs and acts as catalyst to drive major dye & pigment intermediates. According to Oxford economics, global construction market will grow by 85% to $15.5 trillion worldwide by 2030 and three countries, India, China and the U.S accounts for 57% of the global growth. Thus, expansion of construction industry also increases the use of anhydrous aluminium chloride in dyes and pigments.

COVID-19 has badly impacted the anhydrous aluminium chloride market. The lack of man power owing to the global lockdown and disruption in the global supply network, many manufacturing companies have stopped their production which further results in their downfall. Construction, automotive, and textile industries are facing huge losses, thus affecting the demand of anhydrous aluminium chloride market in dyes and pigments.

Geography - Segment Analysis

Asia Pacific has dominated the anhydrous aluminium chloride market with a share of more than 35% in 2019 followed by North America and Europe. The population growth coupled with rapid industrialization is driving the growth of anhydrous aluminium chloride market in developing nations. Asia Pacific is the largest exporter of anhydrous aluminium chloride. According to the trade map, 408,430 tons of aluminium chloride were exported in 2019 worldwide, whereas 95,023 tons were exported only by India and China. Increase in purchasing power and high standard of living has also boosted the construction activities across the region, which in turn increases the usage of aluminium chloride for dyes and paints. According to Food and Agriculture Organization of United Nations, 53.2% of total pesticides were used in Asia in 2017. Thus, excessive use of pesticides in countries like India, China, Indonesia, Malaysia etc. also aids the growth of anhydrous aluminium chloride market. 

Anhydrous Aluminium Chloride Market Drivers

Growing demand from pharmaceuticals industries

Anhydrous aluminium chloride is an intermediate in manufacturing of various pharmaceuticals including Ibuprofen (analgesic) which is used for treating pain, fever and inflammation. Changing lifestyle and unhealthy eating habits has increased the number of unhealthy people which in turn escalated the use of anhydrous aluminium chloride in pharmaceuticals industries. Rising health concerns among people in the U.S and increase in pharmaceuticals spending are driving the growth of anhydrous aluminium chloride market. According to National Health Expenditure Accounts (NHEA) the U.S. health care spending grew 4.6 percent in 2018, reaching $3.6 trillion or $11,172 per person. Thus, continuous spending in pharmaceutical sector is likely to aid the growth of anhydrous aluminium chloride market. Additionally, increasing coronavirus cases is also boosting the growth of anhydrous aluminium chloride market as one of the major symptoms of COVID-19 is fever and body pain and anhydrous aluminium chloride-based drugs are used to curb it. According to World Health Organisation (WHO), COVID-19 confirmed cases reached 4,904,413 on 21 May 2020, globally.

Increasing usage of anhydrous aluminium chloride in cosmetics and petrochemical 

Aluminium anhydrous chloride are used in personal care and beauty products for synthesizing perfumes and deodorants. Prompt changes in the lifestyle of people are likely to fuel the growth of the cosmetic industry during the forecast period. According to India Brand Equity Foundation, India's beauty, cosmetic and grooming market accounted for $6.5 billion in 2016 and is expected to reach $ 20 billion by 2025, substantially augmenting the growth of anhydrous aluminium chloride market. Furthermore, its application in petrochemical industries for the production of hydrocarbon resins also boosts the market. According to the government report, production of major chemicals and petrochemicals grew by 4.18% over 2017-18 and stood at 27,858 MT during 2018-19, subsequently boosted the use of anhydrous aluminium chloride for resin production. 

Anhydrous Aluminium Chloride Market  Challenges

Harmful effects on human health and corrosive behavior of AlCl3

Anhydrous aluminium chloride is hygroscopic which reacts violently with water and generates excess of heat and hydrochloric acid fumes. Exposure to hydrochloric fumes cause adverse effects including irritation of eyes, respiratory problems, skin disorders and asthma. Additionally, the need to store anhydrous aluminium chloride in cool and dry places due to its flammable behavior acts as a restraint for the growth of market. Also, anhydrous aluminium chloride being strong Lewis acid corrodes most of the transition metals, making its transportation process difficult. According to Resource Conservation and Recovery Act (RCRA), waste containing Aluminum chloride may be characterized as hazardous.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the anhydrous aluminium chloride market report. In 2019, the market of anhydrous aluminium chloride top 10 companies accounting for xx% of the share. Major players in the anhydrous aluminium chloride market industry outlook are Gulbrandsen Chemicals Inc, Gujarat Alkalies & Chemicals Limited, BASF SE, Aditya Birla Chemicals, Kemira Oyj, Nippon Light Metal Company Ltd., Nippon Soda Co., Ltd., Dongying Kunbao Chemical Co. Ltd., Kanto Denka Kogyo Co. Ltd., Base Metal Chemicals, among others.

Acquisitions/Technology Launches

  • In March 2020, Gujarat Alkalies & Chemicals has expanded the Anhydrous Aluminium Chloride (AAC) plant at Dahej in Gujarat. It has added 16,500 metric tons/year capacity of anhydrous aluminium chloride, at the cost of $4.6 million.
  • In August 2017, DCM Shriram Industries has invested in the project that would produce 60 TDP of anhydrous aluminium chloride at Baruch, India. Additionally, company increased production capacity for strengthen its chlor-alkali business.
1. Anhydrous Aluminum Chloride Market - Market Overview
    1.1 Definitions and Scope
2. Anhydrous Aluminum Chloride Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Form
    2.3 Key Trends by Packaging
    2.4 Key Trends by Application
    2.5 Key Trends by Geography
3. Anhydrous Aluminum Chloride Market - Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Anhydrous Aluminum Chloride Market - Startup companies Scenario Premium (Premium) 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Anhydrous Aluminum Chloride Market– Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. Anhydrous Aluminum Chloride Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Anhydrous Aluminum Chloride Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. Anhydrous Aluminum Chloride Market – By Form (Market Size -$Million)
    8.1 Powder
    8.2 Granules
    8.3 Crystal
    8.4 Others
9. Anhydrous Aluminum Chloride Market – By Packaging (Market Size -$Million)
    9.1 Bag
    9.2 Drum
    9.3 Bottle
    9.4 Others
10. Anhydrous Aluminum Chloride Market – Application (Market Size -$Million)
    10.1 Dyes & Pigments
        10.1.1 TiO2
        10.1.2 CPC Green & Blue Anthraquinone
        10.1.3 Others
    10.2 Cosmetics
        10.2.1 Soap
        10.2.2 Antiperspirants
        10.2.3 Others
    10.3 Hydrocarbon Resins
    10.4 Pesticides
        10.4.1 Insecticides
        10.4.2 Herbicides
        10.4.3 Fungicides
        10.4.4 Others
    10.5 Chemical Processing
        10.5.1 Isopropyl Benzene
        10.5.2 Ethyl Benzene
        10.5.3 Others
    10.6 Pharmaceuticals
    10.7 Others
11. Anhydrous Aluminum Chloride Market - By Geography (Market Size -$Million)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 South America
        11.2.1 Brazil
        11.2.2 Argentina
        11.2.3 Colombia
        11.2.4 Chile
        11.2.5 Rest of South America
    11.3 Europe
        11.3.1 U.K
        11.3.2 Germany
        11.3.3 Italy
        11.3.4 France
        11.3.5 Russia
        11.3.6 Spain
        11.3.7 Netherland
        11.3.8 Belgium
        11.3.9 Rest of Europe
    11.4 Asia Pacific
        11.4.1 China
        11.4.2 India
        11.4.3 Japan
        11.4.4 South Korea
        11.4.5 Australia & New Zealand
        11.4.6 Rest of Asia Pacific
    11.5 RoW
        11.5.1 Middle East
            10.5.1.1 Saudi Arabia
            10.5.1.2 UAE
            10.5.1.3 Israel
            10.5.1.4 Rest of Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of Africa
12. Anhydrous Aluminum Chloride Market- Entropy
    12.1 New Product Launches
    12.2 M&A’s, Collaborations, JVs and Partnerships
13. Anhydrous Aluminum Chloride Market Share Analysis (Premium)
    13.1 Market Share by Country- Top companies
    13.2 Market Share by Region- Top companies
    13.3 Market Share by type of Product / Product category- Top companies
    13.4 Market Share at global level- Top companies
    13.5 Best Practices for companies
14. Anhydrous Aluminum Chloride Market- List of Key Companies by Country (Premium) 
15. Anhydrous Aluminum Chloride Market Company Analysis
    15.1 Market Share, Company Revenue, Products, M&A, Developments
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Anhydrous Aluminum Chloride Market By Form Market 2019-2024 ($M)
1.1 Granule Market 2019-2024 ($M) - Global Industry Research
1.2 Powder Market 2019-2024 ($M) - Global Industry Research
2.Global Anhydrous Aluminum Chloride Market By Form Market 2019-2024 (Volume/Units)
2.1 Granule Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Powder Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Anhydrous Aluminum Chloride Market By Form Market 2019-2024 ($M)
3.1 Granule Market 2019-2024 ($M) - Regional Industry Research
3.2 Powder Market 2019-2024 ($M) - Regional Industry Research
4.South America Anhydrous Aluminum Chloride Market By Form Market 2019-2024 ($M)
4.1 Granule Market 2019-2024 ($M) - Regional Industry Research
4.2 Powder Market 2019-2024 ($M) - Regional Industry Research
5.Europe Anhydrous Aluminum Chloride Market By Form Market 2019-2024 ($M)
5.1 Granule Market 2019-2024 ($M) - Regional Industry Research
5.2 Powder Market 2019-2024 ($M) - Regional Industry Research
6.APAC Anhydrous Aluminum Chloride Market By Form Market 2019-2024 ($M)
6.1 Granule Market 2019-2024 ($M) - Regional Industry Research
6.2 Powder Market 2019-2024 ($M) - Regional Industry Research
7.MENA Anhydrous Aluminum Chloride Market By Form Market 2019-2024 ($M)
7.1 Granule Market 2019-2024 ($M) - Regional Industry Research
7.2 Powder Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
2.Canada Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
3.Mexico Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
4.Brazil Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
5.Argentina Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
6.Peru Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
7.Colombia Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
8.Chile Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
9.Rest of South America Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
10.UK Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
11.Germany Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
12.France Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
13.Italy Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
14.Spain Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
15.Rest of Europe Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
16.China Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
17.India Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
18.Japan Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
19.South Korea Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
20.South Africa Anhydrous Aluminum Chloride Market Revenue, 2019-2024 ($M)
21.North America Anhydrous Aluminum Chloride By Application
22.South America Anhydrous Aluminum Chloride By Application
23.Europe Anhydrous Aluminum Chloride By Application
24.APAC Anhydrous Aluminum Chloride By Application
25.MENA Anhydrous Aluminum Chloride By Application
26.Gulbrandsen, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Aditya Birla Chemicals, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Gujarat Alkalies & Chemicals Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.BASF, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Nippon Light Metal, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Kemira, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Dongying Kunbao Chemical, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Juhua Group Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Kanto Denka Kogyo, Sales /Revenue, 2015-2018 ($Mn/$Bn)