Market Challenges And Opportunities

Increasing demand for aluminum salts as an active antiperspirant agent in commercial underarm cosmetic products is expected to be a major factor driving growth of the global aluminum chlorohydrate market over the forecast period (2018 - 2025). Furthermore, Food and Drug Administration (FDA) considers the use of aluminum chlorohydrate in antiperspirants are effective, safe, and permitted in concentration up to 25%. There is no scientific evidence that aluminum chlorohydrate compound in antiperspirants can cause Brest cancer and Alzheimer's disease.

Increasing number of water treatment plants due to increasing government initiatives for water treatment is expected to positively impact growth of the aluminum chlorohydrate market, owing to use of aluminum chlorohydrate in water treatment as a coagulant to remove dissolved organic matter and colloidal particles, which are present in water. For instance, according to the Federal and Government of British Columbia, the federal government invested fund of around US$ 450.1 million in municipalities for water and wastewater treatment across the British Columbia in 2017.

A major restraining factor for growth of the market is availability of alternatives such as aluminum chloride,aluminum dichlorohydrate, and aluminum zirconium chlorohydrate complexes.