Market Overview:
The global aluminum iodide 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 lithium ion batteries and metal processing applications. Aluminum iodide is used as an additive in these applications to improve performance. Additionally, the growing population and rising income levels are also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On basis on type, grade 50% held major share in global aluminum iodide market followed by grade 95%. Grade 50% is mainly used for lithium ion battery and metal processing application due its low price as compared other grades and better performance than other grades such as grade 95%. On basis on application, lithium ion battery segment held major share followed by metal processing segment in 2017.
Product Definition:
Aluminum iodide is a compound formed from aluminum and iodine. It has several uses, including as an additive in antiperspirants and deodorants to reduce sweating, as a catalyst in the production of plastics and other organic chemicals, and as a fire retardant.
Grade 50%:
Grade 50% is a transparent solid, which contains no appreciable water or moisture content. It has an orthorhombic crystal structure and is very hard. The material has high tensile strength and flexural modulus, which makes it suitable for use in optical fiber cable insulation applications.
Grade 95%:
The grade 95% is a special type of aluminum powder, which contains 5.0% of the element by weight. It has almost similar properties like that of pure aluminum and it can be used in any application where pure aluminum is used. Grade 95% has better physical properties than standard commercial product and also costs lesser than it, which makes it suitable for use in pharmaceuticals industry as an anti-caking agent to prevent formation of clumps during processing & transportation or storage.
Application Insights:
The application segment includes lithium ion battery, metal processing, food & beverage and others. The aluminum iodide is used in the manufacturing of lithium ion batteries as it improves the discharge performance of anode materials. It is also used in non-aqueous electrolyte solutions for various applications such as fuel cells and power generation. In addition, it finds application in metal plating industry for coating metals to improve their aesthetic appearance.
The product has a low toxicity level which makes it suitable for use across several end-use industries including food & beverages and pharmaceuticals among others. Furthermore, its usage does not result in any notable change in temperature which makes it safe enough to be consumed by humans or animals without any prior notice (GRAS).
Regional Analysis:
Asia Pacific aluminum iodide market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to increasing demand for lithium-ion batteries in smartphones and electric vehicles. The growing production of these batteries coupled with rising demand from China, India, Japan and South Korea is anticipated to drive the regional market growth over the forecast period.
The growing automotive industry in Europe has led to an increase in lithium-ion battery production which will further propel product demand over the next eight years. In addition, a rise in metal processing activities due its low cost as comparedto other rare earth elements will augment product consumption across various applications such as steelmaking, cement manufacturing and others over the coming years.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and packaging is expected to drive the growth of aluminum iodide market over the forecast period.
- Growing awareness about benefits of using aluminum iodide in various applications is projected to propel the market growth.
- Rising demand for lightweight and corrosion resistant materials in automotive and aerospace industry is anticipated to boost the aluminum iodide market growth over the forecast period.
- Growing infrastructure development activities across emerging economies are expected to create new opportunities for aluminum iodide market during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Iodide Market Research Report
By Type
Grade 50%, Grade 95%, Others
By Application
Lithium Ion Battery, Metal Processing, Others
By Companies
Metal Associates, Metalmen Sales Inc., Metal Supermarkets Corporation, American Steel and Aluminum LLC, BMG Metals,Inc., Materion Advanced Materials Group, NOAH Technologies Corporation, Surepure Chemetals,Inc., Great Western Inorganics,Inc., Lorad Chemical Corporation, Metal Associates
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Iodide Market Report Segments:
The global Aluminum Iodide market is segmented on the basis of:
Types
Grade 50%, Grade 95%, Others
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
Lithium Ion Battery, Metal Processing, 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:
- Metal Associates
- Metalmen Sales Inc.
- Metal Supermarkets Corporation
- American Steel and Aluminum LLC
- BMG Metals,Inc.
- Materion Advanced Materials Group
- NOAH Technologies Corporation
- Surepure Chemetals,Inc.
- Great Western Inorganics,Inc.
- Lorad Chemical Corporation
- Metal Associates
Highlights of The Aluminum Iodide 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:
- Grade 50%
- Grade 95%
- Others
- By Application:
- Lithium Ion Battery
- Metal Processing
- 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 Iodide 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
- Identifying Appropriate Advertising Appeals
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 Iodide is a white, odorless, crystalline powder that is used as an antifreeze and to treat water. It has the chemical formula Al(IOD)3.
Some of the key players operating in the aluminum iodide market are Metal Associates, Metalmen Sales Inc., Metal Supermarkets Corporation, American Steel and Aluminum LLC, BMG Metals,Inc., Materion Advanced Materials Group, NOAH Technologies Corporation, Surepure Chemetals,Inc., Great Western Inorganics,Inc., Lorad Chemical Corporation, Metal Associates.
The aluminum iodide 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 Iodide 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 Iodide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Iodide 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 Iodide 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 Iodide Market Size & Forecast, 2018-2028
4.5.1 Aluminum Iodide Market Size and Y-o-Y Growth
4.5.2 Aluminum Iodide Market Absolute $ Opportunity
Chapter 5 Global Aluminum Iodide 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 Aluminum Iodide Market Size Forecast by Type
5.2.1 Grade 50%
5.2.2 Grade 95%
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aluminum Iodide 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 Aluminum Iodide Market Size Forecast by Applications
6.2.1 Lithium Ion Battery
6.2.2 Metal Processing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Iodide 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 Iodide 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 Aluminum Iodide Analysis and Forecast
9.1 Introduction
9.2 North America Aluminum Iodide 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 Aluminum Iodide Market Size Forecast by Type
9.6.1 Grade 50%
9.6.2 Grade 95%
9.6.3 Others
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 Aluminum Iodide Market Size Forecast by Applications
9.10.1 Lithium Ion Battery
9.10.2 Metal Processing
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 Aluminum Iodide Analysis and Forecast
10.1 Introduction
10.2 Europe Aluminum Iodide 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 Aluminum Iodide Market Size Forecast by Type
10.6.1 Grade 50%
10.6.2 Grade 95%
10.6.3 Others
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 Aluminum Iodide Market Size Forecast by Applications
10.10.1 Lithium Ion Battery
10.10.2 Metal Processing
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 Aluminum Iodide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aluminum Iodide 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 Aluminum Iodide Market Size Forecast by Type
11.6.1 Grade 50%
11.6.2 Grade 95%
11.6.3 Others
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 Aluminum Iodide Market Size Forecast by Applications
11.10.1 Lithium Ion Battery
11.10.2 Metal Processing
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 Aluminum Iodide Analysis and Forecast
12.1 Introduction
12.2 Latin America Aluminum Iodide 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 Aluminum Iodide Market Size Forecast by Type
12.6.1 Grade 50%
12.6.2 Grade 95%
12.6.3 Others
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 Aluminum Iodide Market Size Forecast by Applications
12.10.1 Lithium Ion Battery
12.10.2 Metal Processing
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) Aluminum Iodide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aluminum Iodide 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) Aluminum Iodide Market Size Forecast by Type
13.6.1 Grade 50%
13.6.2 Grade 95%
13.6.3 Others
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) Aluminum Iodide Market Size Forecast by Applications
13.10.1 Lithium Ion Battery
13.10.2 Metal Processing
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 Iodide Market: Competitive Dashboard
14.2 Global Aluminum Iodide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Metal Associates
14.3.2 Metalmen Sales Inc.
14.3.3 Metal Supermarkets Corporation
14.3.4 American Steel and Aluminum LLC
14.3.5 BMG Metals,Inc.
14.3.6 Materion Advanced Materials Group
14.3.7 NOAH Technologies Corporation
14.3.8 Surepure Chemetals,Inc.
14.3.9 Great Western Inorganics,Inc.
14.3.10 Lorad Chemical Corporation
14.3.11 Metal Associates
