Market Overview:
The global aluminum fluoride trihydrate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for aluminum fluoride trihydrate from the biochemical reagents and aluminium industry applications. In terms of volume, the North America region is expected to lead the global aluminum fluoride trihydrate market during the forecast period.
Product Definition:
Aluminum Fluoride Trihydrate is an inorganic compound with the formula AlF3·3H2O. It is a white solid that is soluble in water. It occurs as the mineral cryolite.
Below 90%:
Below 90% is a high purity compound of aluminum fluoride. It has the chemical formula as AlF3. The compound is white in color and has a crystalline structure like other compounds of fluoride family. It usually occurs in the form of pellets or powder, which can be used directly for coating applications by itself or mixed with various substances including binder materials, pigments, etc., to make composite material coatings for specific applications.
90%-98%:
90%-98% is a high purity compound of aluminum fluoride, which is used in various end-use industries such as construction and automotive. It has the ability to remove rust from ferrous materials such as iron, steel, and other alloys at low temperatures. 90%-98% can also be used for cleaning purposes on non-ferrous metals such as copper and brass by using appropriate formulations.
Application Insights:
The demand for the product in the biochemical reagents segment accounted for a volume share of over 35% in 2017. The growing use of these compounds as raw material by various industries including pharmaceuticals and chemical is expected to drive the market growth over the forecast period.
Aluminum industry was one of the major application areas accounting for volume share of 32.3% in 2017 on account of its increasing consumption owing to its properties such as ductility, malleability, extrusion and welding which makes it suitable for manufacturing components used in aircraft including landing gear doors, flaps and slats among others.
Other applications include water treatment chemicals (alum), agriculture (fertilizers) and food processing where it is utilized as an anti-caking agent or a process aid among others such as foundry sand-magnesium silicate where aluminum hydroxide acts as an important intermediate product.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major chemical manufacturers in China, India, South Korea and Japan has fueled the product demand from various end-use industries. In addition, growing investments by foreign companies for producing high-quality products at low costs will boost regional growth during the forecast period.
North America accounted for a significant share of revenue in 2017 owing to rising demand from pharmaceuticals sector coupled with increasing use as an anti-corrosion agent in aluminum industry. Growing environmental concerns have resulted into increased consumption of fluoride compounds which are anticipated to propel growth over the coming years. Moreover, growing shale gas exploration activities along with favorable government regulations regarding hydrofluoric acid production are expected to drive market growth over the next eight years (2018 - 2030).
Growth Factors:
- Increasing demand from the aluminum industry for aluminum fluoride trihydrate as a fluxing agent and refining catalyst.
- Growing demand for fluorine-based products in the chemical industry.
- Rising investments in the aluminium sector, which is expected to drive growth of the aluminum fluoride trihydrate market over the forecast period.
- Increasing use of aluminum fluoride trihydrate as a precursor for manufacturing other fluorine-based products such as hydrofluoric acid and silicon tetrafluoride, which is projected to boost market growth during the forecast period. 5) Technological advancements in production processes that would help reduce production costs are likely to spur growth of this market over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Fluoride Trihydrate Market Research Report
By Type
Below 90%, 90%-98%, Above 98%
By Application
Biochemical Reagents, Aluminium Industry, Others
By Companies
Alufluor, DDF, Lifosa, Hunan Nonferrous, CNMC Orient, Jiaozuo Do-fluoride, Fluorsid, RUSAL, Rio Tinto Alcan, Mexichem Fluor, Alufluor, Boliden
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Fluoride Trihydrate Market Report Segments:
The global Aluminum Fluoride Trihydrate market is segmented on the basis of:
Types
Below 90%, 90%-98%, Above 98%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Biochemical Reagents, Aluminium Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alufluor
- DDF
- Lifosa
- Hunan Nonferrous
- CNMC Orient
- Jiaozuo Do-fluoride
- Fluorsid
- RUSAL
- Rio Tinto Alcan
- Mexichem Fluor
- Alufluor
- Boliden
Highlights of The Aluminum Fluoride Trihydrate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 90%
- 90%-98%
- Above 98%
- By Application:
- Biochemical Reagents
- Aluminium Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Fluoride Trihydrate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum fluoride trihydrate is a white, crystalline solid that is insoluble in water. It has a sweet taste and a slightly bitter aftertaste. Aluminum fluoride trihydrate is used as an additive to food and beverages to improve their flavor and appearance.
Some of the major companies in the aluminum fluoride trihydrate market are Alufluor, DDF, Lifosa, Hunan Nonferrous, CNMC Orient, Jiaozuo Do-fluoride, Fluorsid, RUSAL, Rio Tinto Alcan, Mexichem Fluor, Alufluor, Boliden.
The aluminum fluoride trihydrate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Fluoride Trihydrate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum Fluoride Trihydrate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Fluoride Trihydrate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum Fluoride Trihydrate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum Fluoride Trihydrate Market Size & Forecast, 2020-2028
4.5.1 Aluminum Fluoride Trihydrate Market Size and Y-o-Y Growth
4.5.2 Aluminum Fluoride Trihydrate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Below 90%
5.2.2 90%-98%
5.2.3 Above 98%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Biochemical Reagents
6.2.2 Aluminium Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Fluoride Trihydrate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Fluoride Trihydrate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Below 90%
9.6.2 90%-98%
9.6.3 Above 98%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Biochemical Reagents
9.10.2 Aluminium Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Below 90%
10.6.2 90%-98%
10.6.3 Above 98%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Biochemical Reagents
10.10.2 Aluminium Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Below 90%
11.6.2 90%-98%
11.6.3 Above 98%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Biochemical Reagents
11.10.2 Aluminium Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Below 90%
12.6.2 90%-98%
12.6.3 Above 98%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Biochemical Reagents
12.10.2 Aluminium Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Below 90%
13.6.2 90%-98%
13.6.3 Above 98%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Biochemical Reagents
13.10.2 Aluminium Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Fluoride Trihydrate Market: Competitive Dashboard
14.2 Global Aluminum Fluoride Trihydrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alufluor
14.3.2 DDF
14.3.3 Lifosa
14.3.4 Hunan Nonferrous
14.3.5 CNMC Orient
14.3.6 Jiaozuo Do-fluoride
14.3.7 Fluorsid
14.3.8 RUSAL
14.3.9 Rio Tinto Alcan
14.3.10 Mexichem Fluor
14.3.11 Alufluor
14.3.12 Boliden
