Product Code: ETC204696 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India aluminum bromide market import shipment demonstrated a steady growth trend with a CAGR of 3.8% from 2020 to 2024. However, there was a significant decline in growth rate of -60% between 2023 and 2024, indicating a sharp contraction in the market during that period. Overall, the market expansion slowed down notably towards the end of the period.
Aluminum Bromide, also known as AlBr3, is an inorganic compound used mainly as a catalyst or reagent. It is white, crystalline solid with a pungent odor and metallic taste. This compound has been extensively studied because of its unique Lewis structure and ability to form complex compounds. Aluminum bromide is used in the manufacturing of pharmaceuticals such as anti-inflammatories and antibiotics; it can also be utilized for water treatment applications due to its low solubility in water.
The primary drivers for the India aluminum bromide market include increasing demand from industries such as pharmaceuticals, chemical synthesis, wastewater treatment, and oil & gas extraction processes. Additionally high purity grade aluminum bromide is being increasingly used by research laboratories which are driving growth opportunities for manufacturers operating in this sector. The Covid-19 pandemic has sparked increased demand for certain pharmaceutical products that use aluminum bromides during their production process thereby creating more opportunities within this market space over the forecast period (2025-2031).
Some major challenges faced by the Indiaaluminum bromide market include availability of substitutes at lower prices which may hinder overall adoption rates among end users who prefer to cut costs without compromising on quality standards set by regulatory bodies across sectors using these materials during their operations.. Moreover stringent environmental regulations imposed on manufacturers coupled with rising energy costs could further hamper overall production levels thus restraining industry growth prospects over short/medium terms trends outlook (2024- 2031).
Some key players operating in India aluminum bromide Market includes Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), Taj Alkali Chemicals Ltd., Tata Chemical Limited (TCL) amongst others companies dealing with specialty chemicals being major participants offering high grade alumina-bronium products catering domestic requirements largely through importation route while few shipments are done via exports too.
Due to COVID 19 pandemic there has been lock down imposed throughout country impacting businesses severely across almost all sectors including manufacturing industries where most local companies were unable procure inputs materials or export finished goods thus resulting into supply disruptions pertaining both raw material sourcing and sale channels further adding woes amidst prevailing situation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Aluminum Bromide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aluminum Bromide Market Revenues & Volume, 2021 & 2031F |
3.3 India Aluminum Bromide Market - Industry Life Cycle |
3.4 India Aluminum Bromide Market - Porter's Five Forces |
3.5 India Aluminum Bromide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Aluminum Bromide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Aluminum Bromide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aluminum bromide in various industries such as pharmaceuticals, chemicals, and oil gas |
4.2.2 Growing investments in infrastructure development projects in India driving the demand for aluminum bromide |
4.2.3 Rising awareness about the benefits of using aluminum bromide in water treatment processes |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of aluminum bromide impacting the overall market growth |
4.3.2 Stringent regulations regarding the use of chemical substances in certain industries may hinder the market growth |
4.3.3 Competition from alternative products or technologies affecting the market share of aluminum bromide |
5 India Aluminum Bromide Market Trends |
6 India Aluminum Bromide Market, By Types |
6.1 India Aluminum Bromide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Aluminum Bromide Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Aluminum Bromide Market Revenues & Volume, By Aluminum Tribromide, 2021-2031F |
6.1.4 India Aluminum Bromide Market Revenues & Volume, By Aluminum Bromide, 2021-2031F |
6.1.5 India Aluminum Bromide Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Aluminum Bromide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Aluminum Bromide Market Revenues & Volume, By Catalyzer, 2021-2031F |
6.2.3 India Aluminum Bromide Market Revenues & Volume, By Lubricating Oil, 2021-2031F |
6.2.4 India Aluminum Bromide Market Revenues & Volume, By Others, 2021-2031F |
7 India Aluminum Bromide Market Import-Export Trade Statistics |
7.1 India Aluminum Bromide Market Export to Major Countries |
7.2 India Aluminum Bromide Market Imports from Major Countries |
8 India Aluminum Bromide Market Key Performance Indicators |
8.1 Number of new infrastructure projects initiated in India using aluminum bromide |
8.2 Adoption rate of aluminum bromide in water treatment applications |
8.3 Research and development investments in finding new applications for aluminum bromide |
9 India Aluminum Bromide Market - Opportunity Assessment |
9.1 India Aluminum Bromide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Aluminum Bromide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Aluminum Bromide Market - Competitive Landscape |
10.1 India Aluminum Bromide Market Revenue Share, By Companies, 2024 |
10.2 India Aluminum Bromide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |