Aluminum Fluoride Market

Aluminium Fluoride Market: Shutdown of Production Units in Parts of Latin America to Put Pressure on Manufacturers: Global Industry Analysis (2013 - 2017) & Opportunity Assessment (2018 - 2028)

  • 2018-05-25
  • REP-GB-5941
  • 240 pages
  • PDF PPT EXCEL
Aluminum Fluoride Market

An Incisive, In-depth Analysis on the Aluminum Fluoride Market

This study offers a comprehensive, 360 degree analysis on the Aluminum Fluoride market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Aluminum Fluoride market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

The global aluminium fluoride market is going through fluctuations with companies trying to make the most of the vast application areas of the product. With the production units shutting down in many regions, manufacturers have been impelled to expand the production capacity of their plants currently in function. Manufacturers are also entering into collaborations and acquisitions as a primary strategy to keep their position intact in the global market.

Urbanisation in several Asian and African countries such as Kenya, Tanzania, Uganda, Rwanda, India, and China has triggered the demand for aluminium fluoride owing to its use in smelters, cementing, and in other applications. Rapid rise in construction projects and the use of aluminium fluoride in chemical intermediates is expected to keep this trend on track over the course of the coming years. After suffering from a BEAR period in 2008, the construction industry is still recovering from the financial crisis and is growing at a sluggish rate. The recovery rate has slowed down in the last couple of years owing to swelling political uncertainty and geopolitical tensions. As a result of the growing infrastructure and housing projects across the globe, it is expected that the construction industry will regain pace in the next few years, especially in developing regions where new infrastructural projects are being undertaken with every passing day.

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On the other hand, developed markets across North America and Europe are likely to be positively impacted by the new environmental regulations implemented as a result of urbanisation and population explosion. Developing regions are also expected to cut through this and contribute to the market’s bright future with flexible regulations put in place to enable new companies to venture into and set up plants in key countries.

China is expected to surpass all the other regions in terms of both consumption and production of aluminium fluoride

The People’s Republic of China is at present the leading producer of aluminium fluoride in the world and it has been projected that the country will remain dominant during the course of the forecast period. Currently, China accounts for over half of the share of the pie of the global aluminium production and is expected to retain its dominance in the next decade. Growing cooperative partnerships in the region between the government and various industries to encourage the development of innovative technologies that can help reduce processing wastes and also decrease production costs at the same time will pave for a bright future for the aluminium fluoride market in the region.

Need to follow emission norms is expected to increase the use of aluminium fluoride in North America

Growing automotive sales and the corresponding surge in vehicle parc in North America, especially in the U.S. has led to a substantial rise in greenhouse gas emissions. Considering this factor, the U.S. government has issued strict norms to be followed by automobile manufacturers while manufacturing vehicles. In order to adhere to these norms, companies are striving to lower the weight of vehicles, thereby increasing the use of aluminium fluoride that helps in reducing the weight of automotive components when used as an additive in the manufacturing process.

An Overview of the Global Aluminium Fluoride Market with Reference to the Global Chemicals and Materials Industry Outlook

Recycle and reuse practices are impacting the sales of virgin materials, resulting into lesser dependency on volume-driven growth. New materials are showcasing potential for driving value-based growth, but chemical companies are still some time away from achieving voluminous production, while maintaining high quality at the same time. Barring few exceptions, a majority of players are still prioritizing short-term volume growth over long-term value growth. Pressure on improving bottom-line is influencing manufacturers to improve efficiency and reduce operational costs. The impact of value-driven growth may not be visible in the short-term, but long-term outlook remains in favor of a balanced approach between value and volume.

Manufacturers are under increasing pressure to incorporate digital solutions in their offerings. Forward-thinking manufacturers are investing in technology to reduce human interference and streamline key operational aspects such as ordering and shipping. Resonating its influence over every industry, Internet of Things (IoT) has the potential to transform and disrupt the chemical sector. Connectivity through IoT devices is gaining traction, whereas product-level sensors on dispensing equipment and barrels are helping manufacturers track their consignments digitally. Through assessment of long-term benefits, chemical companies are capitalizing on digitization by adopting digital platforms & processes that eliminate human error in profit-associated operations.

Manufacturers continue seeking low-priced feedstock in a bid to marginally reduce pre-production costs. Industry leaders are joining forces to replace fossil fuel-derived feedstock with bio-based alternatives. However, concerns related to producing affordable and sustainable feedstock at mass scale remains a challenge. Access to quality and affordable feedstock will continue to remain a focus area for manufacturers. Chemical manufacturing processes are running on limited energy, while volume of feedstock is getting stranded at ports as disapproval from import authorities keeps disrupting supply chains in sectors, such as oleochemicals and petrochemicals industries.

Chemical manufacturers have promised support and adherence to governments & regional authorities that are committing towards green, sustainable initiatives. Development of bio-alternatives is gaining momentum. Research & academic institutes are teaming up with manufacturers to formulate sustainable substitutes for commonly-used chemical substrates. Many companies are keeping a close eye on advancements in “green chemistry.” Shift towards eco-friendly chemicals will gain momentum in the future on the back of government regulations and end-user preference. Rising costs of fossil fuels will also instrument the upsurge for sustainable chemicals manufacturing.

List of factors tracked in the Chemicals and Materials Market Report

  • Chemical Industry Value Add

  • Chemical Sales

  • Per Capita Consumption

  • Standard Capacity Factors

  • Plastics Consumption Outlook

  • Glass Consumption Outlook

  • Policies and Regulations

  • Historical growth of top players

  • Growth in associated markets

  • Net trade scenario

  • Apparent production capacity

Research Methodology

FMI utilizes robust methodology and approach to arrive at market size and related projections. The research methodology for this report is based on 3 dimensional model. We conduct about 45-60 min duration detailed interviews with product manufacturers; apart from this we also collect market feedback from industry experts. To validate this data, we interact with senior panel members having more than 10 years of experience in relevant field. The panel members help in validating the findings and fill the gaps if any.  In addition, we leverage on our existing pool of information, paid database and other valid information sources available in public domain. Usually industry interactions extend to more than 50+ interviews from market participants across the value chain.

Data Collection

FMI collects data from secondary sources including company annual reports, association publications, industry presentations, white papers, and company press releases apart from these we leverage over paid database subscriptions and industry magazines to collect market information and developments in exhaustive manner. After being done with desk research, detailed questionnaire and discussion guide is formulated to initiate primary research with key industry personnel; the discussion aims at collecting key insights, growth perspectives, prevalent market trends and quantitative insights including market size and competition developments. Both of these research approaches help us in arriving at base year numbers and market hypothesis.

Data Validation

In this phase, FMI validates the data using macro and micro economic factors. For instance, growth in electricity consumption, industry value added, other industry factors, economic performance, growth of top players and sector performance is closely studied to arrive at precise estimates and refine anomalies if any.

Data Analysis and Projection

Data analysis and projections were made based on proprietary research frameworks and statistical analysis, which was further validated from industry participants. These frameworks include Y-o-Y growth projections, macro-economic factor performance, market attractiveness analysis, key financial ratios, and others.

For public companies we capture the data from company website, annual reports, investor presentations, paid databases. While for privately held companies, we try to gather information from the paid databases (like Factiva) and based on the information we gather from databases we estimate revenue for the companies. In addition, the team tries to establish primary contact with the companies in order to validate the assumptions or to gather quality inputs.

Standard Report Structure

  • Executive Summary

  • Market Definition

  • Macro-economic analysis

  • Parent Market Analysis

  • Market Overview

  • Forecast Factors

  • Segmental Analysis and Forecast

  • Regional Analysis

  • Competition Analysis

Market Taxonomy

The global aluminium fluoride market has been segmented into:

Production Routes

Grade

Application

Region

  • Dry Process

  • Wet Process

  • Fluorosilicic Acid

  • Industrial

  • Agriculture

  • Reagent

  • Electron

  • Aluminium

  • Fluorocarbons

  • Ceramic

  • Chemical Intermediate

  • Others

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • South East Asia & Pacific

  • China

  • India

  • Japan

  • Middle East & Africa

  • Kingdom of South Africa

Aluminum Fluoride Market Reports - Table of Contents

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Harish Tiwari

Harish Tiwari

Global Head - Business Development

Pranay Mhaisekar

Pranay Mhaisekar

Business Development

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