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India Aluminium Chloride Market By Grade (Pharmaceutical v/s Industrial), By Pharmaceutical (Cough Syrups, Diuretics, Metabolic Alkalosis, and Others), By Industrial, By Region, Competition Forecast and Opportunities, 2028

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    Report

  • 75 Pages
  • June 2023
  • Region: India
  • TechSci Research
  • ID: 5832688
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India aluminium chloride market is anticipated to increase at an impressive rate in the forecast period. Growing demand from various industries such as chemical processing, wastewater treatment, dyes & pigments, pharmaceuticals, cosmetics, and others are increasing the demand for aluminium chloride. About 70% of surface water in India is inadequate for consumption due to containments like geogenic pollutants, fluoride, and arsenic. In addition, over 40 million liters of wastewater that enter rivers and other water bodies are treated in limited quantities and are inadequate to consume. Here, demand for aluminium chloride is expected to grow as poly-aluminium chloride is considered one of the efficient water treatment chemicals presently. Besides these, aluminium chloride provides superior coagulation effectiveness and has the broadest pH and temperature application ranges compared to other water treatment chemicals at low prices.

Furthermore, government policies to attract foreign direct investment for increased production and manufacturing policies are expected to propel the demand for aluminium chloride from various industries.

Increasing Demand from Pharmaceutical Industries

Aluminium chloride is used as a catalyst for chemical reactions in pharmaceutical industries. Anhydrous aluminium trichloride is usually used in Lewis’s acid, antiperspirants, or prescription products as an antihemorrhagic agent. Due to its hemostatic effect, it adequately assures surgeons to stop bleeding after shaving biopsies or curettage, even the patients with aberrant body hemostatic systems. Apart from these, it is used in antiperspirant deodorants to make a non-permanent barrier that stops the sweat glands when they interact with moisture. Additionally, aluminium chloride is widely used in different dental solutions. This, in turn has increased the demand for aluminium chloride from the dentistry sector. Almost 85% to 90% of adults in India face dental issues and problems, and about 60 to 80% are children. Among them, more than 50% of Indians with dental health difficulties receive treatment or counseling from familiar pharmacists. Hence, to provide easiness in therapy to a dentist as awareness about dental hygiene and treatment is growing. Therefore, all these factors are expected to propel the demand for the aluminium chloride market in the forecasted period.

Rising Demand for Chemical Processing

In modern development, chemical and engineered product have played a significant role in every industry. Aluminium chloride is used in producing petrochemical products like ethylbenzene and alkyl benzene. As it is a versatile substance, it is highly demanded for the production of paints, synthetic rubber, lubricants, wood preservatives, and some organic chemicals. A chemically processed product like Hydrocarbon resins provides water and weather resistance to Industrial coatings and road marking paints. It is used to manufacture rubbers, coatings, printing inks, labels, adhesives, and PSA tapes. Therefore, the versatile application of aluminium chloride in industrial end users is expected to drive the demand for the aluminium chloride market in the anticipated period.

Growing New Application

Growing R&D for the development of numerous innovative products and applications like developing batteries for e-vehicles. This is expected to create sustainable development and provides the market with a better opportunity in the future. As India holds one of the largest populations with growing disposable income, it is the biggest marketplace for different products. This led to an increase in the demand for the Aluminium Chloride.

Market Segmentation

India aluminium chloride market is segmented based on grade and application.

Based on grade, the market is divided into pharmaceutical and industrial. Based on pharmaceutical application, the market is categorized into cough syrups, diuretics, metabolic alkalosis, and others. Based on industrial application, the market is fragmented into wastewater treatment, synthetic rubber, lubricants, wood preservatives, and others.

Market Players

Anmol Chloro Chem, Nike Chemical India, Otto Chemie Pvt. Ltd., Emco DyeStuff Private. Limited, Balaji Chemicals, Joshi Agrochem Pharma Pvt. Ltd., Gujarat Alkalies, and Chemicals Limited are some of the key players operating in the India aluminium chloride market.

Report Scope:

In this report, India aluminium chloride market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

India Aluminium Chloride Market, by Garde:

  • Pharmaceutical
  • Industrial

India Aluminium Chloride Market, by Pharmaceutical Application:

  • Cough Syrups
  • Diuretics
  • Metabolic Alkalosis
  • Others

India Aluminium Chloride Market, by Industrial Application:

  • Wastewater Treatment
  • Synthetic Rubber
  • Lubricants
  • Wood Preservatives
  • Others

India Aluminium Chloride Market, by region

  • North
  • West
  • East
  • South

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Aluminium Chloride market.

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Table of Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. India Aluminium Chloride Market - Demand & Supply Analysis
5.1. Production
5.2. Import
5.3. Export
5.4. Inventory
5.5. Demand & Supply Gap
6. India Aluminium Chloride Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Grade (Pharmaceutical v/s Industrial)
6.2.2. By Region
6.2.2.1. By State (Top 3 States)
6.2.3. By Company (2022)
6.3. Market Map
6.3.1. By Grade
6.3.2. By Region
7. India Pharmaceutical Grade Aluminium Chloride Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Application (Cough Syrups, Diuretics, Metabolic Alkalosis, Others)
7.2.2. By Region
8. India Industrial Grade Aluminium Chloride Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Application (Wastewater Treatment, Synthetic Rubber, Lubricants, Wood Preservatives, Others)
8.2.2. By Region
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments11. Pricing Analysis12. Policy & Regulatory Landscape
13. Import Export Analysis
13.1. Country Wise Imports
13.2. Country Wise Exports
14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles
14.2.1. Company Details
14.2.2. Products & Services
14.2.3. Financials (As Reported)
14.2.4. Key Market Focus Area & Geographical Presence
14.2.5. Recent Developments
14.2.6. Key Management Personnel
14.2.6.1. Anmol Chloro Chem
14.2.6.2. Nike Chemical India
14.2.6.3. Otto Chemie Pvt. Ltd.
14.2.6.4. Emco DyeStuff Private.Limited
14.2.6.5. Balaji Chemicals.
14.2.6.6. Joshi Agrochem Pharma Pvt. Ltd.
14.2.6.7. Gujarat Alkalies and Chemicals Limited
15. Strategic Recommendations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Anmol Chloro Chem
  • Nike Chemical India
  • Otto Chemie Pvt. Ltd.
  • Emco DyeStuff Private.Limited
  • Balaji Chemicals.
  • Joshi Agrochem Pharma Pvt. Ltd.
  • Gujarat Alkalies and Chemicals Limited