Aluminum Chloride Market

Global Aluminum Chloride Market: Snapshot

A passel of applications of aluminum chloride in the chemical and numerous industries drive the production of the chemical. The chemical compound has been extensively utilized as a Lewis acid, and is used as a popular catalyst in Friedel-Crafts reactions. In different concentrations, aluminum chloride has gathered traction in making antiperspirant products, due to their effectiveness to controlling excessive sweating and good safety profile. Additionally, its use in the coagulation and flocculation treatment of wastewater has benefitted producers of aluminum chloride, world over. The effectiveness of aluminum-based coagulants has spurred the demand. Over the years, aluminum chloride has been widely utilized in industrial and sanitary wastewater treatment plants. Strides made by wastewater treatment in developing countries impart high momentum to the evolution of the aluminum chloride market.

The study by TMR Research offers a granular assessment of the trends and opportunities in key application areas of the aluminum chloride market during the assessment period of 2019 - 2029. It takes a closer look at strategic landscape and new revenue streams in various regions, thereby, proving to be guide for investors and participants.

Global Aluminum Chloride Market: Growth Dynamics

The study on the aluminum chloride market provides deep insights into drivers, restraints, and trends influencing the growth trajectories of the market. It offers a deep-dive evaluation of avenues in key end-use industries such as in wastewater treatment and petroleum refining industry.

The aluminum chloride market is driven by diverse range of applications of the compound. Its usage as a sludge dewatering agent has helped the demand proliferate in wastewater treatment processes. In particular, the use of low-cost coagulant poly-aluminum chloride (PAC) in domestic wastewater treatment has grown in popularity in the aluminum chloride market, where the use favors phosphorus removal. Increased research on the use of poly-aluminum chloride as a coagulant in developed countries is boosting the market. A body of recent studies focused on improving activated sludge performance. Further, producers of the chemical see promising revenue potential due to the use of the compound in the production of pure aluminum metal.

Personal care industries have been increasingly using aluminum chloride in various antiperspirant formulations

Global Aluminum Chloride Market: Notable Developments

Growing demand for prescription antiperspirants containing aluminum chloride has opened a new avenue for producers of the chemical. However, debates about potential link between aluminum-based antiperspirants and breast cancer have adversely affected the utilization of aluminum chloride in antiperspirants cosmetics. However, the results of several of the studies are at best mixed. Hence, personal care companies still show substantial demand for aluminum chloride. On the other hand, aluminum is gathering popularity as promising candidate for next-generation battery manufacturers. The trend may open a new avenue for producers of aluminum, thereby boosting the aluminum chloride market.

Some of the promising players in the aluminum chloride market are Skyhawk Chemicals Inc., Southern Ionics, Holland Company Incorporation, CellMark AB, GFS Chemicals, and Gulbrandsen Manufacturing, Inc.

Global Aluminum Chloride Market: Regional Assessment

Geographically, several parts of Europe and North America have witnessed substantial lucrative opportunities over the past few years. A large part of consumptions are driven by copious demands for the compound in water and wastewater treatment industries. Asia Pacific is showing a vast potential as a rapidly growing aluminum chloride market in recent years. Rapid pace of industrialization in Asia has spurred the production of aluminum chloride to meet range of industrial applications. Further, extensive demands have come from the utilization of the compound in industrial and sanitary wastewater applications. The demand in the region also thrived on the back of rapidly rising demand for aluminum-based antiperspirants and personal care products in its developing economies in the past decade.