Aluminium Production Chemicals Market Overview
Aluminium, one of the most abundant elements in the earth’s crust comprises nearly 8% of the planet’s mineral base in form of ores. It has a low density, malleable, corrosion resistant and a good conductor of both heat and electricity. In order to produce aluminium, various types of aluminium production chemicals are utilized which include aluminium fluoride, cryolite, carbon, calcium fluoride etc.
Aluminium production chemicals possess different properties and have different applications. Aluminium fluoride is added as an additive to the cryolite electrolyte used in the electrolysis, cryolite is the main constituent of electrolyte used in alumina electrolysis, sodium carbonate (soda ash) is utilized as an additive to the electrolyte in alumina electrolysis and it is much cheaper alternative to sodium fluoride.
Demand for the aluminium production chemicals is primarily driven by growing construction spending, aluminium consumption etc. which implicitly depends on the growth of global per capita income growth, global GDP growth
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Global Aluminium Production Chemicals Market: Dynamics
Increasing primary aluminium production supported by surging demand from end-use sectors is found to be one of the key factor pushing the growth of aluminium production chemicals. Globally primary aluminium production increased by more than 5% in 2017. Outlook for the aluminium industry in recent past continues to be good overall in spite of continuous political uncertainty, such as tariffs on aluminium imports in U.S., Brexit and concerns that China, as the world’s largest producer of aluminium and its semi-finished products, might expand its exports into European markets.
However, declining aluminium production in certain geographies is a key restraining factor. Over the recent past, there has been rapid and dramatic decline in aluminium output across various countries including Brazil, France, Argentina, etc. This rapid decline in aluminium production is expected to restrain the demand for aluminium production chemicals such as aluminium fluoride, sodium carbonate, cryolite across countries
Strict vehicle emission regulations are pushing the automotive OEMs to utilize lightweight (aluminium) products which in turn creating a significant growth opportunities for aluminium production chemical manufacturers across the globe.
Manufacturers of aluminium production chemicals (aluminium fluoride, cryolite, etc.) are continuously focusing on pursuing long-term supply contracts with raw material (fluorspar, aluminium hydroxide, etc.) suppliers to meet the ever-increasing demand from aluminium smelters.
Global Aluminium Production Chemicals Market: Regional Outlook
Considering regions, the global Aluminium Production Chemicals market is expected to be dominated by Asia-Pacific region. Asia-Pacific region is primarily spearheaded by China and India, China accounted for more than half of the global primary aluminium production in 2017. People’s Republic of China has been one of the World’s prominent producers of aluminium since long time, but demand is growing even faster than anywhere else. With the ever increasing production of aluminium, demand for aluminium production chemicals is also expected to rise significantly. China is expected to be followed by Europe and Middle East & Africa in terms of aluminium production chemicals across the globe.
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Global Aluminium Production Chemicals Market: Market Participants
Examples of some of the market participants involved in the global Aluminium Production Chemicals market include Fluorsid S.p.A., Do-Fluoride Chemicals Co., Ltd., Industries Chimiques du Fluor (ICF), Solvay S.A., Henan Weilai Aluminium (Group) Co., Ltd., Gulf Fluor, Mexichem S.A.B. de C.V., Rio Tinto Plc, PhosAgro PJSC, Australian Bauxite Limited, Tanfac Industries Ltd., Alufluoride Ltd., Pingquan Greatwall Chemical Co., Ltd. and others
Prominent manufacturers of aluminium production chemicals are found to be involved in the activities such as production capacity expansion and introduction of new manufacturing plants.
The global aluminium production chemicals market is expected to be one of the most consolidated in nature, as there are large number of global as well as regional players are involved in the manufacturing of chemicals.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global Aluminium Production Chemicals Market: Segmentation
Globally, the Aluminium Production Chemicals market can be segmented on the basis of product type
Based on the product type, the global Aluminium Production Chemicals market can be segmented into
- Aluminium Fluoride
- Cryolite
- Carbon
- Calcium Fluoride
- Magnesium Fluoride
- Lithium Fluoride
- Sodium Carbonate
- Others
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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