The Aluminium Fluoride Market is expected to reach US $1.70 billion by 2027, thanks to growth in the aluminium industry segment. The report analyzes market dynamics by region and applications.
Aluminium Fluoride Market Overview:The aluminium fluoride market was valued at US $1.52 Bn. in 2020, and it is expected to reach US $1.70 Bn. by 2027 with a CAGR of 1.59% during the forecast period. Inorganic compounds with the formula AlF3.xH2O are referred to as Aluminium fluoride. All of them are colorless solids. Aluminium metal is synthesized using anhydrous AlF3. Several are found in the form of minerals. It is a crystalline powder that is white, odorless, and used as an additive in a variety of industrial operations. Its main application is in the commercial electrolysis production of Aluminium. Glass and ceramics are often used in building and automotive applications, and the substance is widely used in their manufacture. It is used in the food and beverage industry to prevent fermentation during the production of wine and beer and also used in the production of enamels and glazes, as well as in metallurgical operations. It essentially decreases the alumina feed's melting point and, when combined with cryolite, increases the electrolyte's conductivity of the solution, lowering electric power usage. Aluminum fluoride is also used as an organic synthesis catalyst and as a component of synthetic cryolite. To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2016 to forecast the market through 2027. 2020 is considered a base year however 2020's numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Aluminium Fluoride Market Dynamics:
Growing Consumption As A Fertilizer:The growing use of Aluminium fluoride fertiliser in agricultural applications, industrial applications, and other industries is leading the global aluminium fluoride market. At a significant agronomic rate of 2500-5000 mg/kg soil, aluminium fluoride has an inhibitory function, increasing the fertile rate of the soil. It also inhibits nitrification, the conversion of Aluminium to nitrate, lowering nitrate losses to the atmosphere and water. When aluminium fluoride is added to soil, product yields increase by 9% to 11%, and soil efficiency improves.
Variety Uses of Aluminium Fluoride:For the creation of cadmium sulphide thin films for electronic applications, aluminium fluoride serves as a sulphur source. It is used to recover gold from copper-gold ores during the treatment process. It's also involved in photographic fixers, and as a result, it's known as a "rapid fixer," functioning faster than sodium fluoride fixers. Aluminium fluoride has seen a significant increase in demand from a variety of end-use industries, including agrochemicals, pharmaceuticals, water treatment, agriculture, and the mining sector, among others, thanks to its growing consumption in a variety of applications.
Safety against Aluminium Fluoride:Aluminium fluoride has a fatal dosage (LD50) of 0.1 g/kg in animals. Inhalation exposure that is repeated or protracted can cause asthma and have effects on the bone and neural system, culminating in bone changes (fluorosis) and nervous system damage. The production of aluminium fluoride complexes, which imitate the chemical structure of phosphate and influence the activity of ATP phosphohydrolases and phospholipase D, is responsible for many of fluoride's neurotoxic effects. Aluminium fluoride can be made using only micromolar quantities of aluminium. Individuals exposed to aluminium fluoride can take place in an industrial environment, like emissions from reduction process of aluminium, or when a person consumes both a fluoride and an aluminium source (for example, residue from fluoride-based pesticides or fluoride in drinking water) (drinking water, tea, food residues, infant formula, aluminium-containing antacids or medications, deodorants, cosmetics, and glassware). Fluoridation compounds may contain aluminium fluoride.
Aluminium Fluoride Market Segment Analysis:Based on Product, the Aluminium fluoride market is segmented as, wet aluminum fluoride, anhydrous aluminum fluoride, and dry aluminum fluoride. In 2020, the wet aluminium fluoride segment was dominant and held xx% of the overall market share in terms of revenue. Wet aluminium fluoride is commonly applied in the pharmaceutical industry all over the world, and its growing medicinal applications are driving the market forward. Detailed information on each segment is covered in the MMR’s report. Based on Application, the aluminium fluoride market is segmented as, aluminium industry, and ceramic industry. In 2020, the aluminium industry segment was dominant and held more than xx% of the overall market share in terms of revenue. Detailed information on each segment is covered in the MMR’s report.
Aluminium Fluoride Market Regional Insights:In 2020, the Asia Pacific region was dominant and held more than xx% of the overall market share in terms of revenue. The growth of the aluminum fluoride market in these regions has been supported by the presence of major players like Do-Fluoride, Fluorsid, ICF, Gulf Fluor, and many others. The North American market held a considerable xx% of the overall market share in 2020 and is expected to grow at a CAGR of approximately xx% during the forecast period. The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and projecting the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.
Aluminium Fluoride Market Scope: Inquire before buying
Alcohol Excipients Market, by Region• North America • Europe • Asia Pacific • The Middle East and Africa • South America
Alcohol Excipients Market Key Players• Do-Fluoride • Fluorsid • Jinyang Hi-Tech • Hunan Nonferrous • I.C.F • Rio Tinto Alcan • Gulf Fluor • Shandong Zhaohe • Hongyuan Chemical • Henan Weilai • Mexichem • PhosAgro • Henan Shaoxing • Alufluor • Yunnan Yuntianhua • Hubei Xiangfu Chemical • Lifosa • Alufluoride • JPMC • PT Petrokimia Gresik • Tanfac Industries • SPIC • Belfert • Others
Frequently Asked Questions:1. What is the forecast period considered for the Aluminium Fluoride market report? Ans. The forecast period for the aluminum fluoride market is 2021-2027. 2. Which key factors are hindering the growth of the Aluminium Fluoride market? Ans. The exposure to aluminum fluoride and its side effects are key factors expected to hinder the growth of the market during the forecast period. 3. What is the compound annual growth rate (CAGR) of the Aluminium Fluoride market for the next 6 years? Ans. The aluminum fluoride market is expected to grow at a CAGR of 1.59% during the forecast period (2021-2027). 4. What are the key factors driving the growth of the Aluminium Fluoride market? Ans. The increasing consumption of aluminum fluoride in ceramic production is the key factor expected to drive the growth of the market during the forecast period. 5. Which are the worldwide major key players covered for the Aluminium Fluoride market report? Ans. Do-Fluoride, Fluorsid, Jinyang Hi-Tech, Hunan Nonferrous, I.C.F, Rio Tinto Alcan, Gulf Fluor, Shandong Zhaohe, Hongyuan Chemical, Henan Weilai, Mexichem, PhosAgro, Henan Shaoxing, Alufluor, Yunnan Yuntianhua, Hubei Xiangfu Chemical, Lifosa, Alufluoride, JPMC, PT Petrokimia Gresik, Tanfac Industries, SPIC, Belfert, and Others.
1. Global Aluminium Fluoride Market: Research Methodology 2. Global Aluminium Fluoride Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Aluminium Fluoride Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Aluminium Fluoride Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Aluminium Fluoride Market Segmentation 4.1. Global Aluminium Fluoride Market, by Product (2020-2027) • Wet Aluminium Fluoride • Anhydrous Aluminium Fluoride • Dry Aluminium Fluoride 4.2. Global Aluminium Fluoride Market, by Application (2020-2027) • Aluminium Industry • Ceramic Industry 5. North America Aluminium Fluoride Market (2020-2027) 5.1. Global Aluminium Fluoride Market, by Product (2020-2027) • Wet Aluminium Fluoride • Anhydrous Aluminium Fluoride • Dry Aluminium Fluoride 5.2. Global Aluminium Fluoride Market, by Application (2020-2027) • Aluminium Industry • Ceramic Industry 5.3. North America Aluminium Fluoride Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Aluminium Fluoride Market (2020-2027) 6.1. European Aluminium Fluoride Market, by Product (2020-2027) 6.2. European Aluminium Fluoride Market, by Application (2020-2027) 6.3. European Aluminium Fluoride Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Aluminium Fluoride Market (2020-2027) 7.1. Asia Pacific Aluminium Fluoride Market, by Product (2020-2027) 7.2. Asia Pacific Aluminium Fluoride Market, by Application (2020-2027) 7.3. Asia Pacific Aluminium Fluoride Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Aluminium Fluoride Market (2020-2027) 8.1. The Middle East and Africa Aluminium Fluoride Market, by Product (2020-2027) 8.2. The Middle East and Africa Aluminium Fluoride Market, by Application (2020-2027) 8.3. The Middle East and Africa Aluminium Fluoride Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Aluminium Fluoride Market (2020-2027) 9.1. Latin America Aluminium Fluoride Market, by Product (2020-2027) 9.2. Latin America Aluminium Fluoride Market, by Application (2020-2027) 9.3. Latin America Aluminium Fluoride Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Do-Fluoride 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Fluorsid 10.3. Jinyang Hi-Tech 10.4. Hunan Nonferrous 10.5. I.C.F 10.6. Rio Tinto Alcan 10.7. Gulf Fluor 10.8. Shandong Zhaohe 10.9. Hongyuan Chemical 10.10. Henan Weilai 10.11. Mexichem 10.12. PhosAgro 10.13. Henan Shaoxing 10.14. Alufluor 10.15. Yunnan Yuntianhua 10.16. Hubei Xiangfu Chemical 10.17. Lifosa 10.18. Alufluoride 10.19. JPMC 10.20. PT Petrokimia Gresik 10.21. Tanfac Industries 10.22. SPIC 10.23. Belfert 10.24. Others