Global Aluminum Fluoride Market Is Estimated To Witness High Growth Owing To Increasing Demand in the Aluminum Production Industry
Aluminum Fluoride Market The global Aluminum Fluoride market is estimated to be valued at US$ 1.9 Bn in 2022 and is expected to exhibit a CAGR of 1.9% over the forecast period 2019-2027, as highlighted in a new report published by Coherent Market Insights. Market Overview: Aluminum fluoride is a white crystalline powder that is extensively used as a flux in the production of aluminum. It acts as a molten slag cleaner and helps in improving the quality of aluminum produced. The increasing demand for aluminum in various industries, such as automotive, aerospace, construction, and packaging, is driving the growth of the global aluminum fluoride market. The use of aluminum fluoride in these industries ensures the production of high-grade aluminum, which further enhances the performance and durability of end products. Market Key Trends: One key trend observed in the global aluminum fluoride market is the growing adoption of aluminum fluoride in electrolytic production of aluminum. Electro