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Global Aluminium Fluoride Market: By Type: Dry, Wet, Anhydrous; By Application: Chemical intermediates, Glass, Ceramic, Aluminium, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Aluminium Fluoride Market Outlook
The global aluminium fluoride market is expected to grow at a CAGR of 4% in the forecast period of 2023-2028.
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The Asia Pacific to Significantly Drive the Growth of the Global Market for Aluminium Fluoride
Rapid urbanisation, rising income in urban areas, and industrial development are driving the growth of the aluminium fluoride industry in the Asia Pacific, especially in countries such as China, Japan, India, and South Korea.
China is one of the largest producers of aluminium, and the aluminium market in the country is expected to continue growing in the forecast period as a result of the increased collaboration between the government and other industries to encourage the development of cutting-edge technologies that reduce processed waste and lower production costs, thus, boosting the growth of the aluminium fluoride industry as well. The growing demand for aluminium fluoride from emerging economies like China and India, as well as the increased use of reprocessed aluminium products, further offer lucrative market expansion opportunities.
Due to the increased product consumption in organic complex synthesis processes, the market is expected to witness substantial growth in North America. During the forecast period, increasing investments and rising per capita revenue in the North America region are expected to drive the market growth. Automobile manufacturers in the United States are attempting to reduce vehicle weight in accordance with government regulations on gas emissions, which should result in the increased use of aluminium in automobiles, thus stimulating the market growth of aluminium fluoride.
Aluminium Fluoride: Market Segmentation
Aluminium fluoride, with the molecular formula AlF3, is an inorganic compound that is used in a variety of industrial processes, most notably in the production of aluminium. It is a colourless solid that can be made synthetically or can be naturally found as the minerals, rosenbergite and oskarssonite.
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On the basis of type, the market is segmented into:
- Dry
- Wet
- Anhydrous
Aluminium fluoride finds its application in the following segments:
- Chemical Intermediates
- Glass
- Ceramic
- Aluminium
- Others
The regional markets for aluminium fluoride can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Healthy Economic Growth to Bolster the Growth of the Global Market for Aluminium Fluoride
The aluminium fluoride industry is being driven by the healthy economic growth, especially in developing economies, which could lead to a rise in the popularity of convenience packaged beverages and foods. Since aluminium fluoride finds extensive downstream use in the production of aluminium cans, which are gaining popularity due to their high recycling rates around the world, the aluminium fluoride industry is expected to witness a healthy growth in the coming years.
With the extensive use aluminium fluoride in the production of aluminium, the growth of the aluminium market is expected to contribute to the increased demand for aluminium fluoride. Aluminium's ductility, conductivity, and malleability is enabling its increasing usage in the automotive, cosmetics, and pharmaceutical industries. Because of high car ownership rates and increased awareness about reducing the average vehicle weight, aluminium consumption in the motor vehicle market is expected to further grow. The increased consumer awareness of the benefits of aluminium and the ongoing technological advancements is projected to expand the aluminium consumption in the coming years. Aluminium serves a wide range of industries, including ceramics, glass, transportation, food, and automobiles. Because of its lightweight and corrosion resistance, aluminium is widely used in the construction industry. It is also used extensively in electrical transmission lines, which are witnessing a healthy growth owing to infrastructural improvements. Thus, the extensive and growing downstream demand for aluminium is expected to bolster the demand for aluminium fluoride in the coming years.
Key Industry Players in the Global Aluminium Fluoride Market
The report gives a detailed analysis of the following key players in the global aluminium fluoride market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Do-Fluoride Chemicals Co., Ltd
- Fluorsid S.p.A.
- Industries Chimiques du Fluor
- Tanfac Industries Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
| Breakup by Type | Dry, Wet, Anhydrous |
| Breakup by Application | Chemical intermediates, Glass, Ceramic, Aluminium, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Do-Fluoride Chemicals Co., Ltd, Fluorsid S.p.A., Industries Chimiques du Fluor, Tanfac Industries Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Aluminium Fluoride Market Analysis
8.1 Key Industry Highlights
8.2 Global Aluminium Fluoride Historical Market (2018-2022)
8.3 Global Aluminium Fluoride Market Forecast (2023-2028)
8.4 Global Aluminium Fluoride Market by Type
8.4.1 Dry
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Wet
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Anhydrous
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Aluminium Fluoride Market by Application
8.5.1 Chemical intermediates
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Glass
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Ceramic
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Aluminium
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Aluminium Fluoride Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code - 282612)
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
13.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
14 Manufacturing Process
14.1 Overview
14.2 Detailed Process Flow
14.3 Operation Involved
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Do-Fluoride Chemicals Co., Ltd
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Fluorsid S.p.A.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Industries Chimiques du Fluor
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Tanfac Industries Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Others
16 Industry Events and Developments
Additional Customisations Available
1 Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Cost of Raw Materials
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investments
List of Key Figures and Tables
1. Global Aluminium Fluoride Market: Key Industry Highlights, 2018 and 2028
2. Global Aluminium Fluoride Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Aluminium Fluoride Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Aluminium Fluoride Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Aluminium Fluoride Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Aluminium Fluoride Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Aluminium Fluoride Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Aluminium Fluoride Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Aluminium Fluoride Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Aluminium Fluoride Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Aluminium Fluoride Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Aluminium Fluoride Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Aluminium Fluoride Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Aluminium Fluoride Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Aluminium Fluoride Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Aluminium Fluoride Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Aluminium Fluoride Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Aluminium Fluoride Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4% between 2023 and 2028.
The major drivers of the market include the healthy economic growth, extensive downstream use in the production of aluminium cans, increasing usage in the automotive, cosmetics, and pharmaceutical industries, increased awareness about reducing the average vehicle weight, technological advancements, and infrastructural improvements.
The rise in the popularity of convenience packaged beverages and foods and extensive use aluminium fluoride in the production of aluminium are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
On the basis of type, the market is segmented into dry, wet, and anhydrous.
Aluminium fluoride finds major application in chemical intermediates, glass, ceramic, and aluminium, among others.
The major players in the industry are Do-Fluoride Chemicals Co., Ltd, Fluorsid S.p.A., Industries Chimiques du Fluor, and Tanfac Industries Ltd., among others.
Analyst Review
The global aluminium fluoride market is driven by the rise in the popularity of convenience packaged beverages and foods. Aided by increasing usage in the automotive, cosmetics, and pharmaceutical industries and extensive use aluminium fluoride in the production of aluminium, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 4%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of type, the market is segmented into dry, wet, and anhydrous. Aluminium fluoride finds their major application in chemical intermediates, glass, ceramic, and aluminium, among others. The major regional markets for aluminium fluoride market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Do-Fluoride Chemicals Co., Ltd, Fluorsid S.p.A., Industries Chimiques du Fluor, and Tanfac Industries Ltd., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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