Product Code: RP-ID-10306398 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Chemicals |
Report ID: 10306398
Market Overview:
Global Aluminium Fluoride Market Size study, by Types (Dry, Wet, Anhydrous), by Application (Glass, Aluminium, Ceramic, Others) and Regional Forecasts 2019-2026
Global Aluminium Fluoride Market is valued approximately USD XX billion in 2018 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2019-2026. Aliminium Fluoride is a colorless solid inorganic compound primarily used in the production of aluminium metal. The use of aluminium in food and beverage packaging is gaining traction as it offers convenience. According to a report published by the United States Environmental Protection Agency, in 2017, 1.9 million tons of aluminium was used in the production of containers and packaging materials. Therefore, the use of such a large quantity of aluminium in food packing and container manufacturing is driving the aluminium fluoride market growth. Further, aluminium is extensively used in several industries including automobile, construction, aerospace, pharmaceuticals, and others. Furthermore, aluminium also finds application in building and construction industry for external facades, roofs and walls, windows and doors, staircases, railings, shelves, and other several applications. According to a report published by Statista, the United States investment in private construction projects reached around USD 992 billion in 2018. The number is expected to reach USD 1.53 trillion by 2022. Therefore, the increasing investment in building and construction industry across US and other developing economies is anticipated to contribute significantly to the aluminium fluoride market growth. Aluminium is a recyclable material and is therefore a better substitute to plastics. Further, environmental hazards caused by plastics, several government agencies are imposing stringent rules and regulations to reduce plastic use which is positively impacting the aluminium sales hence, boosting the aluminium fluoride market. However, inhalation of aluminium fluoride poses health problems such as asthma, impaired nervous system and bone alterations. The toxic nature of aluminium fluoride is a factor likely to hamper the market growth over the forecast period.
The regional analysis of global Aluminium Fluoride Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share owing to industrial development and urbanization. Further, China constitutes half of the global aluminium production market share which is a factor likely to boost the Asia Pacific aluminium fluoride market growth. However, North America is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increased consumption of aluminium fluoride in fermentation process and organic complex synthesis process is a factor anticipated to contribute significantly to the North America aluminium fluoride market growth
Major market player included in this report are:
Alufluoride Ltd
Fluorsid S.p.A
Mexichem S.A.B. de C.V
Industries Chimiques du Fluor
Alfa Aesar
Tanfac Industries Ltd.
Pingquan Greatwall Chemical Co., Ltd.
Gulf Fluor
Henan Weilai Aluminum (Group) Co., Ltd
Lifosa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Types:
Dry
Wet
Anhydrous
By Application:
Glass
Aluminium
Ceramic
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Aluminium Fluoride Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Fluorsid S.p.A
Mexichem S.A.B. de C.V
Industries Chimiques du Fluor
Alfa Aesar
Tanfac Industries Ltd.
Pingquan Greatwall Chemical Co., Ltd.
Gulf Fluor
Henan Weilai Aluminum (Group) Co., Ltd
Lifosa
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