Aluminum Fluoride Market is Driven by Growing Demand from Aluminum Production Industry
Key players operating in the Aluminum Fluoride Market Size are INKIA, Martha Tilaar Group, Wipro Unza, Clara International, Ivy Beauty Corporation, Sdn Bhd, Paragon Technology & Innovation, and Brataco Group of Companies.
The growing automotive production and increasing application of aluminum alloys in transportation are driving the consumption of aluminum fluoride. Statista estimates automobile production to grow at a CAGR of over 3% between 2023-2027.
Major aluminum fluoride companies are expanding their production facilities globally to cater to the growing international demand. For instance, Do-Fluoride Chemicals commissioned a new production plant in China in 2021 to double its aluminum fluoride output.
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