Overview and Scope
Polyaluminum chloride (PAC) is a chemical substance utilized mainly to coagulate and purify water. It is produced through a reaction between aluminum hydroxide and either hydrochloric acid or aluminum chloride. Its primary function is to destabilize suspended particles in water, facilitating their removal during the water treatment process.
Sizing and Forecast
The polyaluminum chloride market size has grown strongly in recent years. It will grow from $1.79 billion in 2023 to $1.93 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increased demand from water treatment facilities, expansion of urbanization, shifting consumer preferences towards safer and more effective water treatment chemicals, growth in concern over water pollution, rise in awareness about the environmental benefits, growth in demand from municipal and industrial sectors, and increased preferences towards eco-friendly and efficient coagulants.
The polyaluminum chloride market size is expected to see strong growth in the next few years. It will grow to $2.6 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing demand for clean water, growing urbanization, rising industrialization, expanding paper industry applications, surge in economies, growing industrial wastewater treatment needs, and increasing use in the cosmetic industry. Major trends in the forecast period include advancements in production technologies, advancements in product formulations, technological innovations, advancements in sludge treatments, and advancements in water recycling technologies.
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Segmentation & Regional Insights
The polyaluminum chloride market covered in this report is segmented –
1) By Form: Solid, Liquid
2) By Basicity: Low, Medium, High
3) By End-User: Water treatment, Pulp And Paper, Textiles, Oil And Gas, Other End-Users
Asia-Pacific was the largest region in the polyaluminum chloride market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polyaluminum chloride market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rise in the pulp and paper industries is expected to propel the growth of the polyaluminum chloride (PAC) market going forward. The pulp and paper industry is the sector dedicated to manufacturing various paper-based products, such as paper and cardboard, by converting raw materials such as wood pulp or recycled paper fibers into finished goods. The pulp and paper industry is expanding due to rising demand for packaging materials, increased literacy rates driving the need for paper products such as books, and the growth of e-commerce necessitating more shipping boxes. PAC is used as a retention aid in the paper manufacturing process and significantly enhances productivity by improving drainage, facilitating faster water removal, and increasing the overall efficiency of paper formation. For instance, in July 2022, according to the Confederation of European Paper Industries, a Belgium-based non-profit organization representing the European pulp and paper industry, in 2021, there was a 5.8% rise in paper and board consumption, accompanied by a 6.1% increase in production. The operating rate of paper mills hit 90% in 2021, up from 85% in 2020. Therefore, the rise in the pulp and paper industries is driving the growth of the polyaluminum chloride market.
Key Industry Players
Major companies operating in the polyaluminum chloride market are Nalco Water, Brenntag AG, Kemira, Chemtrade Logistics, Central Glass Co. Ltd., Gujarat Alkalies and Chemicals Limited, GEO Specialty Chemicals, USALCO, Aditya Birla Chemicals Limited, Feralco AB, Accepta Ltd., Nippon Light Metal Company Ltd., Alfa Chemistry, Innova Corporate, Holland Company, Synergy Multichem Pvt. Ltd., Pacific Chemicals, Summit Chemical Specialty Products LLC, Yixing BLUWAT Chemicals Co. Ltd., Chemifloc , Henan Aierfuke Chemicals Co. Ltd., Hengyang Jianheng Industry Development Co. Ltd., Lvyuan Chem, Taki Chemical Co. Ltd., Gongyi Filter Industry Co. Ltd
The polyaluminum chloride market report table of contents includes:
1. Executive Summary
2. Polyaluminum Chloride Market Characteristics
3. Polyaluminum Chloride Market Trends And Strategies
4. Polyaluminum Chloride Market – Macro Economic Scenario
5. Global Polyaluminum Chloride Market Size and Growth
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32. Global Polyaluminum Chloride Market Competitive Benchmarking
33. Global Polyaluminum Chloride Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Polyaluminum Chloride Market
35. Polyaluminum Chloride Market Future Outlook and Potential Analysis
36. Appendix
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