Aluminium Chloride Prices

Aluminium Chloride Prices December 2023

The aluminium chloride price in United States reached 628 USD/MT during December 2023.   
In the fourth quarter of 2023, the price of aluminium chloride in China reached 329 USD/MT.    
In Germany, aluminium chloride prices for Q4 2023 reached 439 USD/MT.        

Aluminium Chloride Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Aluminium Chloride Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of aluminium chloride pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of aluminium chloride at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of aluminium chloride price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.   

The report examines the elements influencing aluminium chloride price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Aluminium Chloride Market Analysis  

The global aluminium chloride market size reached 1.35 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 2.11 Million Tons, at a projected CAGR of 5.10% during 2023-2032.   

• The primary factor driving the global aluminium chloride market is the increasing product demand in the pharmaceutical sector where it acts as a catalyst in the synthesis of pharmaceuticals and active pharmaceutical ingredients (APIs).          
• The rapid product utilization in the cosmetics sector as an astringent in antiperspirants and deodorants as it is increasingly used for controlling body odor and perspiration is significantly propelling the market.      
• Besides this, the growing chemical industry is facilitating the market due to the huge demand of the aluminium chloride in various chemical reactions like Friedel craft’s where it is used as a catalyst.  
• Several key companies are strengthening their market presence and innovation capabilities. They are focusing on mergers, acquisition strategies and joint ventures, which in turn is creating a positive outlook for the market.          
• Furthermore, emerging innovations in material science and research are leading to the development of innovative uses for the compound, including its role in nanotechnology and advanced materials, consequently stimulating the market growth and creating lucrative opportunities.    
• The market is further impelled by the widespread chemical compound usage in the packaging industry to manufacture packaging materials such as aluminium foil and containers.         
• Increasing economic growth and rapid urbanization in emerging economies are bolstering the demand for the compound across construction activities. This is supporting the expansion of market size as it is being used in manufacturing a wide range of construction materials such as cements and refractory materials.        
• Aluminium chloride is gaining popularity in agriculture due to its application as a soil stabilizer, antifoaming agent and its usage in certain fertilizers and pesticides. Additionally, farmers and agricultural companies are working towards enhancing soil quality and crop yield which in turn is stimulating the market.   
• The increasing emphasis on environmental regulations and sustainability initiatives are further resulting in a higher demand for aluminium chloride. Its widespread utilization in environmentally friendly processes, such as green chemistry and eco-friendly catalysts, is becoming more prominent as industries strive to reduce their carbon footprint.  
• Moreover, the growing product usage in educational and research institutions is rising due to its use in various experimental and research applications. Its widespread role in academic research, including chemical synthesis and material science studies, is contributing to the market growth.        

Aluminium Chloride News

The report covers the latest developments, updates, and trends impacting the global aluminium chloride market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in aluminium chloride production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the aluminium chloride price trend.

Latest developments in the aluminium chloride industry:        

• On 31^st March 2023, DCM Shriram announced the expansion of its anhydrous  aluminium chloride capacity plant in Bharuch district of Gujarat, including a 15 tpd debottlenecking in the existing unit. This has resulted in the capacity expansion from 60 kpd to 150 kpd at the plant.

Product Description       

Aluminium chloride (AlCl₃) is a chemical compound comprised of aluminium and chlorine atoms which is considered an important industrial chemical. It is widely used for the production of aluminium metals and in petrochemicals, specifically in processes like isomerization, which is essential for producing high-octane gasoline. It is also used in the treatment of wastewater and as an antiperspirant added to personal care products as it inhibits sweat gland function.  

Aluminium chloride is available in both anhydrous (AlCl₃) and hydrated forms (such as AlCl₃·6H₂O). The anhydrous form is a white or yellow crystalline solid that fumes in moist air due to hydrolysis. On the other hand, the hydrated form typically appears as colorless crystals and is not prone to fuming. The hydrated form dissolves readily in water, releasing a considerable amount of heat and forming acidic solutions. This difference in behavior between the anhydrous and hydrated forms of aluminium chloride is crucial in various industrial applications. The anhydrous form is often used in the Friedel-Crafts reactions, serving as a catalyst in organic synthesis, while the hydrated form finds usage in water treatment processes and as a reagent in laboratory settings.

Regional Coverage

The report provides a detailed analysis of the aluminium chloride market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the aluminium chloride price trend. 

Global Aluminium Chloride Price

The report offers a holistic view of the global aluminium chloride pricing trends in the form of aluminium chloride price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of aluminium chloride but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed aluminium chloride demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Aluminium Chloride Price

European aluminium chloride prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed aluminium chloride price information for a comprehensive list of countries.

North America Aluminium Chloride Price

The analysis of aluminium chloride prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific aluminium chloride historical data within the United States and Canada can also be provided.

Middle East and Africa Aluminium Chloride Price

The report explores the aluminium chloride pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on aluminium chloride prices for countries can also be provided.

Asia Pacific Aluminium Chloride Price

The aluminium chloride pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This aluminium chloride price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Aluminium Chloride Price

The analysis of aluminium chloride prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of aluminium chloride pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting aluminium chloride price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The aluminium chloride price charts ensure our clients remain at the forefront of the industry.