Market Overview:
The global trimethylaluminium market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for trimethylaluminium from various applications such as LED industry, solar cell, semiconductor laser, and others. Trimethylaluminium is used as a precursor for various aluminum-based compounds which are used in these applications. North America is expected to lead the global trimethylaluminum market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Trimethylaluminium is a colorless, flammable liquid with a faint ethereal odor. It is used as a Lewis acid catalyst in organic synthesis and as an intermediate in the manufacture of other organometallic compounds.
6N:
6N, also known as trimethylaluminum, is a chemical compound of aluminum and nitrogen. It has a triple bond between the central nitrogen atom and the second carbon atom from the end. The molecule has three hydroxide groups (–OH) that can form six anions (6+). 6N compounds are highly reactive with oxidizing agents such as nitric acid or peroxides.
6.5N:
6.5N is a special grade of trimethylaluminium which has about 90% of methylaluminate by weight. It is used as an additive to gasoline to increase octane rating and reduce air pollution in the exhaust gas. Methylaluminate (MA) increases the rate of combustion and reduces harmful emissions from automobiles, especially when added in high concentrations (more than 10% by volume).
Application Insights:
The global market is segmented by application into LED industry, solar cell, semiconductor laser, and others. The LED industry was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. Rapid industrialization coupled with rising disposable income has led to an increase in demand for LEDs across various end-use industries including automotive, electronics & telecommunication sectors among others. This trend is expected to continue over the forecast period driving overall demand for trimethylaluminium globally.
Solar cell was another prominent segment accounting for a considerable amount of market share in 2017 owing to increasing government initiatives towards renewable energy generation such as feed-in tariff schemes and net metering policies across various countries worldwide including China Uigeo India America etcetera which are likely to propel product consumption over the coming years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing production of LED lights, which consumes a large amount of trimethylaluminium as a raw material. China is one of the major producers and consumers for this product in this region.
The demand for TMA in Asia Pacific was mainly driven by China owing to high consumption from various end-use industries such as solar cell, laser industry, LEDs etc., However, recently there has been an increase in imports from Japan due to low availability locally due to lack of raw materials like rare earth elements that are essential for manufacturing lasers and LEDs with higher efficiency levels. This shortage has led manufacturers including Toyota Tsusho Corporation (Japan) and Sumitomo Chemical Co., Ltd (Japan) have started importing these products from Japan which will further impact overall global supply chain dynamics especially during peak season i.e.
Growth Factors:
- Increasing demand for aluminum alloys from transportation and construction industries
- Growing demand for trimethylaluminium in Asia Pacific region
- Rising use of trimethylaluminium in polymers and plastics industry
- Increasing application of trimethylaluminium as a flame retardant additive
- Growing research and development activities for the development of new applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Trimethylaluminium Market Research Report
By Type
6N, 6.5N
By Application
LED Industry, Solar Cell, Semiconductor Laser, Others
By Companies
SAFC Hitech, Jiangsu Nata Opto-electronic Material, AkzoNoble, Lanxess, Nouryon, Lake Materials, ARGOSUN MO, Energy Chemical, Jiang Xi Jia Yin Opt-Electronic, JK Chemical
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Trimethylaluminium Market Report Segments:
The global Trimethylaluminium market is segmented on the basis of:
Types
6N, 6.5N
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
LED Industry, Solar Cell, Semiconductor Laser, 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:
- SAFC Hitech
- Jiangsu Nata Opto-electronic Material
- AkzoNoble
- Lanxess
- Nouryon
- Lake Materials
- ARGOSUN MO
- Energy Chemical
- Jiang Xi Jia Yin Opt-Electronic
- JK Chemical
Highlights of The Trimethylaluminium 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:
- 6N
- 6.5N
- By Application:
- LED Industry
- Solar Cell
- Semiconductor Laser
- 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 Trimethylaluminium 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?
Trimethylaluminium is a chemical compound with the formula Al(CH3)3. It is a white solid that is soluble in water and most organic solvents. Trimethylaluminium can be used as an alloying agent and flame retardant in plastics, coatings, and other materials.
Some of the major companies in the trimethylaluminium market are SAFC Hitech, Jiangsu Nata Opto-electronic Material, AkzoNoble, Lanxess, Nouryon, Lake Materials, ARGOSUN MO, Energy Chemical, Jiang Xi Jia Yin Opt-Electronic, JK Chemical.
The trimethylaluminium market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Trimethylaluminium Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Trimethylaluminium Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Trimethylaluminium Market - Supply Chain
4.5. Global Trimethylaluminium Market Forecast
4.5.1. Trimethylaluminium Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Trimethylaluminium Market Size (000 Units) and Y-o-Y Growth
4.5.3. Trimethylaluminium Market Absolute $ Opportunity
5. Global Trimethylaluminium Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Trimethylaluminium Market Size and Volume Forecast by Type
5.3.1. 6N
5.3.2. 6.5N
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Trimethylaluminium Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Trimethylaluminium Market Size and Volume Forecast by Application
6.3.1. LED Industry
6.3.2. Solar Cell
6.3.3. Semiconductor Laser
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Trimethylaluminium Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Trimethylaluminium Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Trimethylaluminium Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Trimethylaluminium Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Trimethylaluminium Demand Share Forecast, 2019-2026
9. North America Trimethylaluminium Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Trimethylaluminium Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Trimethylaluminium Market Size and Volume Forecast by Application
9.4.1. LED Industry
9.4.2. Solar Cell
9.4.3. Semiconductor Laser
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Trimethylaluminium Market Size and Volume Forecast by Type
9.7.1. 6N
9.7.2. 6.5N
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Trimethylaluminium Demand Share Forecast, 2019-2026
10. Latin America Trimethylaluminium Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Trimethylaluminium Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Trimethylaluminium Market Size and Volume Forecast by Application
10.4.1. LED Industry
10.4.2. Solar Cell
10.4.3. Semiconductor Laser
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Trimethylaluminium Market Size and Volume Forecast by Type
10.7.1. 6N
10.7.2. 6.5N
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Trimethylaluminium Demand Share Forecast, 2019-2026
11. Europe Trimethylaluminium Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Trimethylaluminium Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Trimethylaluminium Market Size and Volume Forecast by Application
11.4.1. LED Industry
11.4.2. Solar Cell
11.4.3. Semiconductor Laser
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Trimethylaluminium Market Size and Volume Forecast by Type
11.7.1. 6N
11.7.2. 6.5N
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Trimethylaluminium Demand Share, 2019-2026
12. Asia Pacific Trimethylaluminium Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Trimethylaluminium Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Trimethylaluminium Market Size and Volume Forecast by Application
12.4.1. LED Industry
12.4.2. Solar Cell
12.4.3. Semiconductor Laser
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Trimethylaluminium Market Size and Volume Forecast by Type
12.7.1. 6N
12.7.2. 6.5N
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Trimethylaluminium Demand Share, 2019-2026
13. Middle East & Africa Trimethylaluminium Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Trimethylaluminium Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Trimethylaluminium Market Size and Volume Forecast by Application
13.4.1. LED Industry
13.4.2. Solar Cell
13.4.3. Semiconductor Laser
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Trimethylaluminium Market Size and Volume Forecast by Type
13.7.1. 6N
13.7.2. 6.5N
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Trimethylaluminium Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Trimethylaluminium Market: Market Share Analysis
14.2. Trimethylaluminium Distributors and Customers
14.3. Trimethylaluminium Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SAFC Hitech
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jiangsu Nata Opto-electronic Material
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AkzoNoble
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lanxess
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nouryon
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lake Materials
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ARGOSUN MO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Energy Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiang Xi Jia Yin Opt-Electronic
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. JK Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
