The anhydrous aluminum chloride market is projected to grow from USD 772.8 million in 2017 to USD 948.6 million by 2022, at a CAGR of 4.19% during the forecast period. In this study, 2016 is considered as the base year to estimate the size of the anhydrous aluminum chloride market, while the forecast period is considered from 2017 to 2022. The increasing use of anhydrous aluminum chloride in major applications, such as dyes and pigments, pesticides, pharmaceuticals and cosmetics, hydrocarbon resins, and fumed alumina is one of the most significant factors projected to drive the growth of the anhydrous aluminum chloride market.
The granular form segment is the fastest-growing segment of the anhydrous aluminum chloride market. The demand for granular anhydrous aluminum chloride is driven by its characteristics, such as excellent flow properties, particle size uniformity, small surface area, and increased compressibility.
The dyes and pigments segment is the fastest-growing application segment of the anhydrous aluminum chloride market. This growth is mainly driven by the increasing use of anhydrous aluminum chloride as a catalyst to derive major dye intermediates, such as anthraquinone, phthalocyanine green, ethylbenzene, and metaphenoxy benzaldehyde.
Key players profiled in the anhydrous aluminum chloride market report are Gulbrandsen (US), Aditya Birla Chemicals (India), Gujarat Alkalies and Chemicals (India), BASF (Germany), Kemira Oyj (Finland), and Nippon Light Metal (Japan).
