(MENAFN- GetNews) Global Aluminum Fluoride Market Research Report Information - By Type (Dry, Anhydrous, Wet), By Application (Automotive, Construction, Pharmaceuticals, Aerospace) – Forecast till 2023. luminum fluoride, also known as AlF3, is a chemical compound utilized in the production of aluminum. It is produced synthetically by treating alumina with hydrogen fluoride gas at 700 degrees celsius or found in nature in the form of a rare mineral – rosenbergite.
Competitive Analysis
Some of the well-known players operating in the global aluminum fluoride market are Do-Fluoride Chemicals Co., Ltd (China), Hunan Nonferrous Metals Corporation Limited (China), Fluorsid S.p.A. (Italy), Qingzhou Hongyuan Chemical Co Ltd (China), Rio Tinto Alcan Inc(Canada), Gulf Fluor (U.A.E.), DuPont (U.S.), Alfa Aesar.(U.S.), Mexichem S.A.B de C.V. (Mexico), and PhosAgro (Russia) among others.
Free Sample Request at Here @ https://www.marketresearchfuture.com/sample_request/5315
Aluminum fluoride is used in a wide variety of applications due to their capability of offering extended life, superior quality, enhanced efficiency, and stability to the final product. Thus, it is used in various applications such as automotive, construction, pharmaceuticals, aerospace, and others. The global aluminum fluoride market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Among these, Asia Pacific holds a major share of the global market and is projected to continue leading, owing to the increasing consumption of aluminum fluoride in refractory products, fermentation process, and others. It is estimated that the construction sector is set to observe the highest CAGR in the market due to growing consumption of the product in tiles, flooring, and others. Moreover, increasing demand for the product in aluminum metallurgy, optical material, and others are likely to witness a rapid growth during the forecast period. These factors have led China, India, and Japan to be the major players of this region.
The North American market is expected to grow at a higher CAGR due to extensive consumption of aluminum fluoride in aluminum metallurgy, optical material, oil refining, and others. The U.S., Canada, and Mexico have achieved a significant place in the market due to the growing investments in end-use industries. Therefore, the growing demand for the product from end-use industries is estimated to drive the market during the forecast period.
A moderate development is achieved in Europe due to the growing demand for the product in pharmaceutical chemical, oil & gas industries, and others. Rapid urbanization coupled with technology have propelled the market to witness a better growth. Thus, countries such as Germany, the U.K, and Italy are the major contributors to this market.
A considerable development is predicted in the Latin American region such as in Brazil, Uruguay, and Argentina due to the growing consumption of an inorganic compound in the production of welding agents, enamel, and others. Moreover, a rapid development is estimated in the Middle East & African region such as Qatar, the U.A.E, and others due to increasing demand for solvents and intermediates in end-use industries.
Inquiry Before Buying @ https://www.marketresearchfuture.com/enquiry/5315
Segmentation
The global aluminum fluoride market is segmented into the type, and application. On the basis of the type, the market is segregated into dry, anhydrous, and wet segments. The market by the end-use is bifurcated into automotive, construction, pharmaceuticals, aerospace, and others.
TABLE OF CONTENTS
1 Executive Summary
2 Scope of The Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Aluminum Fluoride Market
6 Market Trends
7. Global Aluminum Fluoride Market By Type
8. Global Aluminum Fluoride Market By Application
9. Global Aluminum Fluoride Market By Region
10. Company Landscape
11. Company Profiles
Browse Full Report @ https://www.marketresearchfuture.com/reports/aluminum-fluoride-market-5315
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
+1 646 845 9312
Email:
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/aluminum-fluoride-market-5315
MENAFN1204201900703268ID1098381337
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.