Anhydrous Aluminum Chloride Market Size Forecast to Reach $1.3 Billion by 2025
"Increasing Usage of Anhydrous Aluminium Chloride as Catalyst in Various End Users Such as Pharmaceuticals and Chemical Manufacturing Industry is Driving the Growth of Anhydrous Aluminium Chloride Market." Anhydrous Aluminum Chloride Market size is forecast to reach $1.3 billion by 2025, after growing at a CAGR of 4.5% during 2020-2025. Anhydrous aluminium chloride is an odorless, white or pale yellow crystalline solid material that violently liberates hydrogen chloride (HCl) gas when reacts with water. Increasing usage of anhydrous aluminium chloride as catalyst in various end users such as pharmaceuticals and chemical manufacturing industry is driving the growth of anhydrous aluminium chloride market share. They are also used for the production of hydrocarbon resin. Surging demand of anhydrous aluminium chloride from agrochemical industry for manufacturing herbicides and insecticides are also boosting the growth of market. However, exposure to anhydrous aluminium chlorid...