Global Aluminium Chloride Hexahydrate Market Report and Forecast 2024-2032

Global Aluminium Chloride Hexahydrate Market Report and Forecast 2024-2032

Global Aluminium Chloride Hexahydrate Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global aluminium chloride hexahydrate market is supported by the growth of the pharmaceutical sector, which reached a value of USD 1.3 trillion in 2022. Aided by the growing downstream applications of the product, the market is expected to grow significantly by 2032.

Aluminium chloride hexahydrate, a white crystalline compound, has witnessed a growing demand due to its potent antiperspirant properties. Predominantly, it is employed in the cosmetic industry in antiperspirant formulations to combat excessive sweating, a condition termed hyperhidrosis. Moreover, owing to its coagulating properties, it plays a pivotal role in water purification processes, assisting in sedimentation of impurities.

The growing focus on personal hygiene and an enhanced consumer awareness concerning hyperhidrosis have fuelled the demand for antiperspirants formulated with aluminium chloride hexahydrate. The escalating consumer demand for long-lasting and effective antiperspirants has directed cosmetic brands towards the incorporation of this compound in their product lines.

Additionally, the mounting concerns over safe and clean water, especially in emerging economies, have driven the aluminium chloride hexahydrate market growth trajectory upwards. With the burgeoning population and rapid urbanisation, the need for efficient water treatment solutions has become paramount, thereby leading to an augmented demand for coagulants like aluminium chloride hexahydrate.

Along with these, its application in the pharmaceutical sector is noteworthy. Being a vital component in certain dermatological products, aluminium chloride hexahydrate is utilised to treat a range of skin conditions, further boosting the aluminium chloride hexahydrate market demand.

The market's expansive application range provides numerous avenues for growth. Research endeavours focused on maximising the efficiency of water treatment processes could unveil novel uses for aluminium chloride hexahydrate. Moreover, as the global populace becomes increasingly hygiene-conscious and seeks advanced dermatological solutions, the demand for products containing this compound is predicted to remain robust.

The demand for aluminium chloride hexahydrate, bolstered by its diverse applications spanning cosmetics to water treatment, is expected to grow. Its crucial role in antiperspirant formulations, combined with its indispensable nature in water purification, ensures its continued relevance in the evolving aluminium chloride hexahydrate market expansion.

For stakeholders, ranging from manufacturers to consumers, staying informed about the ongoing scientific debates concerning the safety of aluminium-based compounds in cosmetics is imperative. As research continues to unfold the multifaceted roles and implications of aluminium chloride hexahydrate, the global aluminium chloride hexahydrate market size is expected to expand, further meeting both industrial needs and global consumer demands.

Market Segmentation

The market can be divided based on grade, application, and region.

Market Breakup by Grade

• Industrial Grade
• Pharmaceutical Grade
• Others

Market Breakup by Application

• Water Treatment
• Chemical Intermediates
• Pharmaceuticals
• Metal Casting
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the companies operating in the global aluminium chloride hexahydrate market. Some of the key players explored in the report by Expert Market Research are as follows:

• Honeywell International, Inc.
• IRO Group Inc.
• Gulbrandsen
• Yixing Bluwat Chemicals Co., Ltd.
• PENTA s.r.o.
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.