Aluminium fluoride is an inorganic compound used for the production of aluminium. It is white colored or colorless powder and it is found with rosenbergite minerals. The major part of aluminium fluoride is produced by treating alumina with hydrogen fluoride gas at 700 degree Celsius. Otherwise, it is manufactured by thermal decomposition of ammonium hexafluoroaluminate. For small scale laboratory preparations, aluminium fluoride can also be prepared by treating aluminium metal with hydrogen fluoride.
Market Growth Factors:
Aluminium fluoride used as industrial purpose in ceramic industry as an important compound to coat the aluminium bodies as well as to create the special refractory products. Also it can be used as filler in glass industries. Aluminium fluoride is more preferable if higher UV transparency is required for production of low index optical thin film. Aluminium fluoride also used for fermentation process especially in beer and wine manufacturing industries. As aluminium is essential part of aerospace, automotive and construction industries so, globally huge demand is expected for aluminium fluoride in upcoming years. However, continuous exposure to aluminium fluoride in industries can cause severe illness on human respiratory system.
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The segmentation of aluminium fluoride market is based on grades such as, industrial grade, electron grade, reagent grade and agricultural grade. Further segmentation is on the basis of product types as, dry aluminium fluoride, anhydrous aluminium fluoride, and wet aluminium fluoride. Application based segmentation is classified as, aluminium manufacturing, ceramic production, glass manufacturing and chemicals.
Geographically, the aluminium fluoride market is segregated in-
• North America
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o South Africa
o Rest of the LAMEA
Asia Pacific is the leading region for capturing most aluminium fluoride market due to GDP growth and rising disposable income in countries like China, India and Japan. Major global manufacturers are trying to expand industries in this region helps to boost demand for aluminium fluoride market. North America and European regions are followed to Asia Pacific region. However, LAMEA region has huge chances of growth for aluminium fluoride market due to presence of reserves in respective countries.
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The major key players in aluminium fluoride market are-
- Fluorsid Group
- Rio Tinto Alcan
- Mexichem Fluor
- Jiaozuo Do-fluoride
- Baiyin Zhongtian
- Henan Weilai
- Pingquan Greatwall
- Shaowu Huaxin
These players are trying to recognise the needs of market in developing countries and expanding their strategies to improve business needs.
• On February, 2018, New Wave Holdings has announced that it will acquire Alutech Metals Asiatic Pte Ltd as part of its efforts to develop and expand its aluminium product distribution business.
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