ALUMINUM CHLORIDE HEXAHYDRATE MARKET ANALYSIS

Regional Analysis

Market Regional Analysis

Asia Pacific is expected to witness significant growth in the global aluminum chloride hexahydrate market, owing to increasing manufacturing activities in the region. Moreover, increasing demand for aluminum chloride hexahydrate from emerging economies such as India and China is also supporting the market growth. Furthermore, the food processing industry in South Asian countries such as Myanmar, Taiwan, and Indonesia is growing rapidly, which is driving the demand for aluminum chloride hexahydrate. North America holds the second largest market share in the global aluminum chloride hexahydrate market, owing to disciplined pharmaceutical industry and high presence of drug manufacturers. Furthermore, the Europe is expected to witness high demand for aluminum chloride hexahydrate, owing to the presence of drug manufacturing nations such as Italy, Germany, and Belgium. However, the rest of the world is expected to see a significant drop in the demand for aluminum chloride hexahydrate. This is owing to the nonexistence of pharmaceutical product manufacturers in various regions.