Pune, India -- (SBWIRE) -- 10/16/2018 -- Segmental Analysis

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 application is bifurcated into automotive, construction, pharmaceuticals, aerospace, and others.

Key Players

Some of the prominent 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.

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Geographical Analysis

The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Synopsis of Aluminum Fluoride Market

Aluminum 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. This compound also occurs in the form of non-hydrated mineral called oskarssonite. It is a colorless solid and is used extensively as a molten electrolyte in the fabrication of product. Moreover, it is known for exhibiting a few advantageous properties such as extended IR transmittance, low refractive index, low dispersion, radiation resistance which are driving the market positively. Thus, they are used in various end-uses such as automotive, construction, pharmaceuticals, aerospace, and others.

Among the various segments in aluminum fluoride market, the construction sub-segment is the leading application and is anticipated to continue its dominance over the assessment period. It is extensively used in end-use industries due to advantages offered by the product such as impermeability, conductivity, low density, resistance to corrosion, recyclability, and others. Moreover, it is also widely consumed in metal manufacturing, glass etching & polishing, production of gasoline, stainless steel pickling, semi-conductor preparation, and various applications in the chemical and specialty metal production industries. It has been observed that the presence of carcinogenic content in the product and its impact on the environment is expected to hinder the market growth over the assessment period. The ceramic industry is set to drive the market due to extensive use of the compound in the production of special refractory products. This compound is also used in the production of welding agents, rods and powder. Moreover, the increasing demand for aluminum fluoride in an optical material, oil refining, spectroscopic components, and other segments is projected to drive the market during the forecast period.

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