Press release
Poly Aluminium Chloride (PAC) Market by Key Players 2018-2024: Airedale Chemical Company Limited, GEO Specialty Chemicals, Feralco, Gujarat Alkalies And Chemical, Grasim Industries, Synergy Multichem, HOLLAND COMPANY, Aditya Birla Chemicals and AKW Group
Poly Aluminium Chloride (PAC) Market size is likely to witness significant gains in the forecast spell. Strong product demand from waste water treatment industry will help boost the overall poly aluminium chloride market size during the forecast period.
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Stringent laws formulated by regional regulatory bodies with an aim to reduce the harmful impact caused due to effluents released from the industrial sector. For instance, EPA has formed effluent guidelines for waste water discharged to surface water and municipal sewage treatment plants. Product is well known for effective coagulation and flocculation in waste water treatment industry and is an excellent substitute to alum as it is less alkaline compared to alum. Moreover, the product produces less sludge as compared to alum at an equivalent dose. The above-mentioned trends will have positive impact on the poly aluminium chloride market size in the forecast timeframe.
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PAC finds wide-ranging applications across cosmetic and personal care industry in the production of deodorants and antiperspirants. It is mainly due to the excellent product properties such as low iron content, high purity, consistency, stability, etc. which makes it highly preferable in cosmetic & personal care industry. Improving socio-economic factors mainly in China, India and Japan has triggered demand for cosmetic products which will have subsequent impact on the poly aluminium chloride market size over the forecast spell. For instance, India cosmetic industry was valued close to USD 6.5 billion in 2017 and is projected to reach over USD 35 billion by 2035, which will help attain promising gains to the poly aluminium chloride market size in the coming years.
Top key players:
Major industry share contributors include Kemira Oyj, Airedale Chemical Company Limited, GEO Specialty Chemicals, Feralco, Gujarat Alkalies And Chemical, Grasim Industries, Synergy Multichem, HOLLAND COMPANY, Aditya Birla Chemicals and AKW Group. Most of these players are making investment expanding its production capacity by setting up plants to meet the rising product demand and capturing the regional market share. For instance, GEO Specialty Chemicals announced about setting up a poly aluminium chloride facility in Texas.
Market share calculation in this report is not done based on companies covered in it. The calculation of Poly Aluminium Chloride market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Unorganized infrastructure of waste water treatment industry mainly in the emerging economies is probable to hamper the overall poly aluminium chloride market size in the forecast time spell. However, stringent laws imposed in Asia Pacific to control water pollution and avoid harmful diseases caused by exposure to effluents discharged from industrial sector will generate ample of opportunities for the growth of poly aluminium chloride market size in the coming years.
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