Global Anhydrous Aluminum Chloride Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Anhydrous Aluminum Chloride Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Anhydrous aluminum chloride is an odorless inorganic solid, which is usually white to gray in color or sometimes yellow due to traces of iron chloride. It is primarily used in dyes and pigments, pesticides, pharmaceuticals and cosmetics, hydrocarbon resins, fumed alumina, electrolytic production of aluminum, titanium dioxide, etc.

Market Overview:

The latest research study on the global Anhydrous Aluminum Chloride market finds that the global Anhydrous Aluminum Chloride market reached a value of USD 721.61 million in 2022. It’s expected that the market will achieve USD 927.56 million by 2028, exhibiting a CAGR of 4.27% during the forecast period.

Influence of COVID-19 Outbreak on Anhydrous Aluminum Chloride Industry Development

The impact of COVID-19 pneumonia on the global Anhydrous Aluminum Chloride industry will involve all major links and entities in the industrial chain. The management efficiency of the company is declining, commuting is seriously hindered, production plans are seriously hindered, network expansion is delayed, marketing is delayed, brand adjustment is forced, market sales are declining, and the income of the company and employees is damaged. The final impact on the global Anhydrous Aluminum Chloride industry depends on the prevention and control effect of COVID-19.
Due to the particularity of the epidemic, governments of various countries have issued policies to restrict transportation. It is required to minimize travel, avoid crowds and reduce the spread of diseases. Different countries have different policies, cross-border trade is restricted, and national control over import and export products becomes stricter, which increases the time of Anhydrous Aluminum Chloride product transportation. These measures make it more difficult to transport product, especially import and export. Many modes of transportation have been affected and some modes of transportation have been canceled, so the products ordered cannot be delivered. The seller can only change the mode of transportation and shorten the transportation time as much as possible.

Limitations

In recent years, various countries have made great efforts to carry out environmental protection and governance. With the gradual implementation of environmental protection review, chemical enterprises have to improve equipment and invest in capital. The backward production capacity that does not meet environmental protection standards has been eliminated one after another, and signs of industrial integration have begun to appear inside the industry. At the same time, in recent years, the occurrence of several chemical production safety accidents, making every country to strengthen the safety production inspection and remediation efforts, industry supervision is more strict. Under the dual policy pressure of environmental protection and stricter production safety supervision, chemical enterprises with substandard production, small scale and backward technology will accelerate their withdrawal from the market, and the speed of industry integration will be significantly accelerated.
For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitors marketing strategy and pricing and also be reactive to any changes made. The Anhydrous Aluminum Chloride industry is facing a fierce competitive position. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction and customer relationship management, trying to gain greater market share and competitive advantage.

Region Overview:

From 2023-2028, Asia is estimated to witness robust growth prospects.

Company Overview:

BASF is one of the major players operating in the Anhydrous Aluminum Chloride market, holding a share of 13.78% in 2021.

BASF SE is a German multinational chemical company. Its portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions.

Aditya Birla Chemicals represents a flagship sector of the Aditya Birla Group and spans across diverse businesses which include, Chemicals, Agribusiness, Insulators and fashion yarns. Over the past 65 years, Aditya Birla Chemicals has evolved into a diversified player with leadership positions and leading global presence across many industries. Aditya Birla Chemicals has 20 manufacturing locations spread across India, Thailand and Germany, and is anchored by a talent pool of more than 10,000 employees reaching out to customers in more than 80 countries.

Segmentation Overview:

Among different product types, Powder segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Dyes & Pigments segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Anhydrous Aluminum Chloride market covered in Chapter 3:

Anmol Chloro Chem
Lynwon Group
BASF
Kanto Denka Kogyo
Dongying Kunbao Chemical
Gujarat Alkalies & Chemicals Limited (GACL)
Gulbrandsen
DCM Shriram Ltd.
Weifang Menjie Chemicals
NipponLight Metal
Base Metal Group
Zhanhua Licheng Fine Chemical
Hunan Hengguang Technology
Vanchlor
American Elements
Aditya Birla Chemicals
NipponSoda Co., Ltd
Upra Chem

In Chapter 4 and Chapter 14.2, on the basis of types, the Anhydrous Aluminum Chloride market from 2018 to 2029 is primarily split into:

Granule
Powder

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Anhydrous Aluminum Chloride market from 2018 to 2029 covers:

Dyes & Pigments
Pesticides
Pharmaceuticals & Cosmetics
Hydrocarbons Resins
Fumed Aluminia
Electrolytic Production of Aluminum
Titanium Dioxide
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)