Anhydrous Aluminum Chloride Market- Latest Industry Growth, Strategic Assessment, and Forecast - Exclusive Report by MarketsandMarkets™
Verfasser: ashwani_kailiya on Tuesday, 25 January 2022The report "Anhydrous Aluminum Chloride Market by Form (Granule, Powder), Application (Dyes & Pigments, Pesticides, Pharmaceuticals & Cosmetics, Hydrocarbon Resins, Fumed Alumina, Electrolytic Production of Aluminum, Titanium Dioxide), Region-Global Forecast to 2022" The anhydrous aluminum chloride market is estimated to be USD 772.8 Million in 2017 and is projected to reach USD 948.6 Million by 2022, at a CAGR of 4.19% from 2017 to 2022. This growth can be attributed to the increasing applicability of anhydrous aluminum chloride. The dyes and pigments segment is the largest application segment of the anhydrous aluminum chloride market. Anhydrous aluminum chloride is used as a catalyst in the production of anthraquinone, phthalocyanine green, ethylbenzene, metaphenoxy benzaldehyde, and other derivatives that are used to manufacture dyes and pigments.
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Based on form, the granular segment is expected to lead the anhydrous aluminum chloride market during the forecast period, in terms of volume.