Market Overview:

The Aluminum Chloride Market size is estimated to reach $1.8 Billion by 2031, growing at a CAGR of 4.7% during the forecast period 2025-2031, according to a recent report published by IndustryARC, titled, “Aluminum Chloride Market – By Type (Anhydrous Aluminum Chloride, Hydrated Aluminum Chloride), By Form (Powder, Granules, Crystals), By Purity (High Purity Aluminum Chloride, Industrial Grade Aluminum Chloride), By Production Method (Chlorination of Aluminum, Reaction of Aluminum Hydroxide and Hydrochloric Acid, Reaction of Bauxite with Coke and Chlorine), By Application (Wastewater Treatment, Wood Preservative, Anti-Perspirant, Dyes & Pigments, Petroleum Cracking Catalyst, Others), By End Use Industry (Chemicals, Pharmaceuticals, Personal Care & Cosmetics, Metallurgy, Textile, Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”
Aluminum chloride use in synthesis is driven by growing demand in pharmaceuticals and chemicals. Adoption in treatment applications is boosted by its role in water purification. As aluminum production rises, demand for its use in manufacturing also increases. its use as an intermediate in manufacturing acyl and alkyl compounds is fueling growth. Market expansion is supported by government policies and investments. It is used in antiperspirants due to personal care growth.

APAC Dominated the Market in 2023:

The Asia-Pacific is the largest region in the aluminum chloride market, driven by the robust expansion in chemical sector. According to the India Brand Equity Foundation, the chemical industry in India is expected to grow to $300 billion by 2030 and reach $1 trillion by 2040, with demand growing at 9% annually by 2025. This surge is powered by the growing demand in export and end-user industries, and chemicals, such as aluminum chloride, are vital to this. Planned investments of $107.38 billion also add to the region’s position as a global chemical hub, along with government initiatives such as redrafting PCPIR guidelines.

Aluminum Chloride Market: Key Takeaways

Growing Application in Water Treatment:

The growing application of aluminum chloride in water treatment is a key driver of the aluminum chloride market, driven by the development of coagulants such as polyaluminum chloride (PAC). PAC has lower chemical consumption, less sludge production and higher operational efficiency over a wider pH range than traditional coagulants such as aluminum sulfate and ferric chloride. Acorn Water also provides insights into the superior performance of aluminum chloride, including minimal residual aluminum, reduced pH impact, and cost-effective usage. Factors that make aluminum chloride a preferred choice for global water treatment processes are these.

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Rising Demand for Aluminum Production:

A key driver of the aluminum chloride market is the rising demand for aluminum production, which is driven by the industry expansions. In August 2024, Hindalco announced it would invest $10 billion to bolster its domestic operations and U.S. recycler Novelis Inc. It involves expansion of smelting capacity at Aditya Aluminium in Odisha by 200,000 TPA, using renewable energy. In particular, aluminum chloride has important applications in aluminum production, being employed in refining processes to precipitate impurities and in smelters for efficient electrolysis. New downstream facilities, including the Silvassa extrusion plant for EV components and the aluminum battery foil plant in Odisha, demonstrate the increasing demand for aluminum chloride as global aluminum demand expands in EVs, renewable energy, and infrastructure. 

Scope of the Report: 

Report Metric

Details

Base Year Considered

2024

Forecast Period

2025–2031

CAGR

4.7%

Market Size in 2031

$1.8 Billion


Segments Covered

By Type, By Form, By Purity, By Production Method, By Application, By End Use Industry and By Geography.

 





Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands, Belgium and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, Malaysia and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).





Key Market Players

1.      Gulbrandsen Chemicals

2.      BASF SE

3.      Gujarat Alkalies and Chemicals Ltd. (GACL)

4.      Kemira Oyj

5.      Aditya Birla Chemicals

6.      Nippon Light Metal Co., Ltd.

7.      Kanto Denka Kogyo Co., Ltd.

8.      Neel Chem

9.      DCM Shriram

10.  Base Metal Group



Recent Developments:

• In January 2024, DCM Shriram Ltd. signed a Memorandum of Understanding (MoU) with the Government of Gujarat. This collaboration involves a significant investment of $1428.62 million to enhance the production of chemical and petrochemical products in Bharuch, Gujarat, with completion targeted by 2028.
• In September 2023, Primo Chemicals Limited inaugurated its state-of-the-art Aluminium Chloride Plant in Naya Nangal, Punjab. The facility boasts an impressive annual production capacity of 16,500 tons, aimed at catering to the growing demand for aluminium chloride across various industries.

Aluminum Chloride Market: Competitive Landscape

Key companies profiled in the Aluminum Chloride Market are Gulbrandsen Chemicals, BASF SE, Gujarat Alkalies and Chemicals Ltd. (GACL), Kemira Oyj, Aditya Birla Chemicals, Nippon Light Metal Co., Ltd., Kanto Denka Kogyo Co., Ltd., Neel Chem, DCM Shriram, Base Metal Group and others.

Related Reports:

Aluminum Chloride Hexahydrate Market - The Aluminum Chloride Hexahydrate Market size is projected to reach US$508 million by 2030, after growing at a CAGR of 4.1% during the forecast period 2024-2030. The increasing use of aluminum chloride hexahydrate in water treatment processes is driving market growth, while the expansion of the pharmaceutical industry, where it is used as a topical astringent and antiperspirant, is further boosting demand.

Anhydrous Aluminum Chloride Market - Anhydrous Aluminum Chloride Market size is forecast to reach $1.3 billion by 2025, after growing at a CAGR of 4.5% during 2020-2025. Rising demand in the chemical industry for its use as a catalyst in reactions such as Friedel-Crafts alkylation and acylation is driving growth, along with increasing applications in the production of dyes, fragrances, and pharmaceuticals.

Aluminum Chlorohydrate Market- The Aluminum Chlorohydrate Market size is estimated to reach US$98.2 million by 2027, after growing at a CAGR of 3.8% during 2022-2027. The growing adoption of aluminum chlorohydrate in water treatment and wastewater management is fueling demand, coupled with its increased usage in personal care products such as deodorants and antiperspirants.

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