Aluminum Fluoride Market size and Key Trends in terms of volume and value 2017 – 2027

Aluminium fluoride is an inorganic compound primarily used for the formulation of aluminium on a commercial level. In terms of physical appearance, the compound is available commercially in solid form. It is colorless and odorless. Aluminium fluoride is denser than water and exhibits high level of solubility with water. Aluminium fluoride can be synthesized and prepared synthetically and is also available in nature in the form of minerals named oskarssonite and rosenbergite. Commercially, aluminium fluoride is synthesized by treating hydrogen fluoride gas with alumina at 700 degree Celsius. Alternatively, numerous other methods are also used for the preparation of Aluminium fluoride, such as decomposition of ammonium hexafluoro aluminate and fluorosilicic acid, which are the primary constituents used for the synthesis of LBD (low bulk density) aluminium fluoride.

Commercially, aluminium fluoride is available in different grades for different applications. Aluminium fluoride is manufactured in different forms, namely dry, wet and anhydrous aluminium fluoride. The compound is used in numerous applications, such as glass manufacturing, aluminium metal preparation, ceramic manufacturing and also for the formulation of different chemicals. On a very large scale, aluminium fluoride and cryolite are used for the preparation of alumina during the smelting process.

The addition of these two components lowers the melting point and increases the electrolyte’s conductivity of the solution and thus, the power consumption required for the formulation of alumina is lowered, thereby decreasing the overall production cost. Likewise, aluminium fluoride combined with zirconium fluoride forms a primary ingredient for the synthesis of fluorolaminate glasses. Aluminium metal is an integral part of numerous industries, such as aerospace, automotive and construction, to name a few. Globally, huge expansion is being witnessed globally in the aforementioned industries, which will fuel the demand for aluminium for the same. Also, huge research is going on to optimize the production process aluminium with the use of aluminium fluoride in a cost effective manner. Major manufacturers present in the value chain are going to expand their manufacturing facilities

which will ensure the adequate supply. However, there are some factors which may hamper the adoption of aluminium fluoride in near future. For instance, there is some possibility of an overflow of aluminum fluoride in the market place due to ample capacity expansion by manufacturers. This might create a demand-supply gap and result in price drop of the final products derived from aluminium fluoride. Furthermore, prolonged exposure during the industrial synthesis of aluminium fluoride can cause severe ill effects on human respiratory system.

On the basis of Grade, the Aluminum Fluoride Market can be segmented as: Industrial Grade, Electron Grade, Reagent Grade, Agriculture Grade; On the basis of product type, the Aluminum Fluoride Market can be segmented as: Dry Aluminium Fluoride, Anhydrous Aluminium Fluoride, Wet Aluminium Fluoride; On the basis of Application, the Aluminum Fluoride Market can be segmented as: Aluminium Production, Ceramic, Glass Manufacturing, Chemical, Others

Globally, Asia Pacific is leading in terms of production and consumption of aluminium fluoride and captures a major market share. Growing GDP and rising disposable income in China and India has enabled the expansion of numerous industries, such as aerospace, automobiles, pharmaceutical, packaging and construction.  High growth in aforementioned industries will drive the demand for aluminium fluoride based products in the region. Aluminium fluoride demand in developing regions, such as NA and Europe, is expected to grow at a sluggish rate. In South Africa, the presence of huge reserves of underutilized fluorspar coupled with investment support for these reserves by the government will drive the market in MEA region. LA will also provide massive growth opportunities for the manufacturers.

Request For Report Sample@

Examples of some of the market participants in the global aluminium fluoride Market identified across the value chain include: Fluorsid, Rio Tinto Alcan, RUSAL, Boliden, Mexichem Fluor, ICF, Hunan Nonferrous., Jiaozuo Do-fluoride, Baiyin Zhongtian., Bofeng Lizhong, Henan Weilai, Pingquan Greatwall, Shaowu Huaxin, Zibo Nanha

Ankush Nikam

Ankush Nikam is a seasoned digital marketing professional, having worked for numerous online firms in his distinguished career. He believes in continuous learning, considering that the digital marketing sector’s rapidly evolving nature. Ankush is an avid music listener and loves to travel.