India aluminium chloride market is
anticipated to increase at an impressive rate in the forecast period. Growing
demand from various industries such as chemical processing, wastewater
treatment, dyes & pigments, pharmaceuticals, cosmetics, and others are increasing
the demand for aluminium chloride. About 70% of surface water in India is
inadequate for consumption due to containments like geogenic pollutants,
fluoride, and arsenic. In addition, over 40 million liters of wastewater that
enter rivers and other water bodies are treated in limited quantities and are
inadequate to consume. Here, demand for aluminium chloride is expected to grow
as poly-aluminium chloride is considered one of the efficient water treatment
chemicals presently. Besides these, aluminium chloride provides superior
coagulation effectiveness and has the broadest pH and temperature application
ranges compared to other water treatment chemicals at low prices.
Furthermore, government policies to
attract foreign direct investment for increased production and manufacturing
policies are expected to propel the demand for aluminium chloride from various
industries.
Increasing Demand from Pharmaceutical
Industries
Aluminium chloride is used as a catalyst
for chemical reactions in pharmaceutical industries. Anhydrous aluminium
trichloride is usually used in Lewis’s acid, antiperspirants, or prescription
products as an antihemorrhagic agent. Due to its hemostatic effect, it
adequately assures surgeons to stop bleeding after shaving biopsies or
curettage, even the patients with aberrant body hemostatic systems. Apart from
these, it is used in antiperspirant deodorants to make a non-permanent barrier
that stops the sweat glands when they interact with moisture. Additionally,
aluminium chloride is widely used in different dental solutions. This in turn
has increased the demand for aluminium chloride from the dentistry sector. Almost
85% to 90% of adults in India face dental issues and problems, and about 60 to
80% are children. Among them, more than 50% of Indians with dental health
difficulties receive treatment or counseling from familiar pharmacists. Hence,
to provide easiness in therapy to a dentist as awareness about dental hygiene
and treatment is growing. Therefore, all these factors are expected to propel
the demand for the aluminium chloride market in the forecasted period.
Rising Demand for Chemical Processing
In modern development, chemical and
engineered product have played a significant role in every industry. Aluminium
chloride is used in producing petrochemical products like ethylbenzene and
alkylbenzene. As it is a versatile substance, it is highly demanded for the
production of paints, synthetic rubber, lubricants, wood preservatives, and
some organic chemicals. A chemically processed product like Hydrocarbon resins
provides water and weather resistance to Industrial coatings and road marking
paints. It is used to manufacture rubbers, coatings, printing inks, labels,
adhesives, and PSA tapes. Therefore, the versatile application of aluminium
chloride in industrial end users is expected to drive the demand for the aluminium
chloride market in the anticipated period.
Growing New Application
Growing R&D for development of
numerous innovative products and applications like developing batteries of e-vehicles.
This is expected to create sustainable development and provides the market with
a better opportunity in the future. As India holds one of the largest
populations with growing disposable income, it is the biggest marketplace for
different products. This led to an increase in the demand for the Aluminium
Chloride.
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Market Segmentation
India aluminium chloride market is
segmented based on grade and application.
Based on grade,
the market is divided into pharmaceutical and industrial. Based on pharmaceutical application, the market is categorized
into cough syrups, diuretics, metabolic alkalosis, and others. Based
on industrial application, the market is fragmented into wastewater treatment,
synthetic rubber, lubricants, wood preservatives, and others.
Market Players
Anmol Chloro
Chem, Nike Chemical India, Otto Chemie Pvt. Ltd., Emco DyeStuff Private.Limited,
Balaji Chemicals, Joshi Agrochem Pharma Pvt. Ltd., Gujarat Alkalies, and
Chemicals Limited are
some of the key players
operating in the India aluminium chloride market.
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Attribute
|
Details
|
|
Base Year
|
2022
|
|
Historic
Data
|
2018 – 2021
|
|
Estimated
Year
|
2023
|
|
Forecast
Period
|
2024 – 2028
|
|
Quantitative
Units
|
Revenue in USD
Million, Volume in metric ton, and CAGR for 2018-2022 and 2023-2028
|
|
Report
coverage
|
Revenue forecast, Volume
forecast, company share, competitive landscape, growth factors, and trends
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|
Segments
covered
|
·
By Grade
·
By Application
|
|
Regional
scope
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East; West; North;
South.
|
|
Key companies
profiled
|
Anmol Chloro
Chem, Nike Chemical India, Otto Chemie Pvt. Ltd., Emco DyeStuff
Private.Limited, Balaji Chemicals, Joshi Agrochem Pharma Pvt. Ltd., Gujarat
Alkalies, and Chemicals Limited.
|
|
Customization
scope
|
10% free report
customization with purchase. Addition or alteration to country, regional
& segment scope.
|
|
Pricing and
purchase options
|
Avail
customized purchase options to meet your exact research needs.
|
|
Delivery
Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, India aluminium chloride market has been
segmented into following categories, in addition to the industry trends which
have also been detailed below:
·
India
Aluminium Chloride Market, by Garde:
o Pharmaceutical
o Industrial
·
India
Aluminium Chloride Market, by Pharmaceutical Application:
o Cough Syrups
o Diuretics
o Metabolic Alkalosis
o Others
·
India
Aluminium Chloride Market, by Industrial Application:
o Wastewater Treatment
o Synthetic Rubber
o Lubricants
o Wood Preservatives
o Others
·
India
Aluminium Chloride Market, by region
o North
o West
o East
o South
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in India Aluminium Chloride market.
Available
Customizations:
With
the given market data, TechSci Research offers customizations according to a company’s
specific needs. The following customization options are available for the
report:
Company
Information
- Detailed analysis and profiling of additional
market players (up to five).
India Aluminium Chloride
market is an upcoming report to be released soon. If you wish an early delivery
of this report or want to confirm the date of release, please contact us at [email protected]