Poly Aluminum Chloride Market 2018 - Growth Analysis and Forecast 2023 by Kemira, GEO Specialty Chemicals, Airedale Chemical Company Limited, Feralco AB, Gujarat Alkalies and Chemical Ltd., Grasim Industries Ltd, Synergy Pvt. Ltd.

Global Poly Aluminum Chloride Market: Segmental Analysis

The Global Poly Aluminum Chloride Market has been segmented on the basis of Form, Application, and Region.

By Mode of Form, the market has been segmented into solid and liquid. Among these, the liquid segment accounts for the largest market share of 86.00% in terms of value and is estimated to grow at the highest CAGR during the review period.

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By Mode of Application, the market has been segmented into paper industry, coated additives, oil & gas, water treatment, and others. Among these, water treatment dominated the market with 55.45 % of the market share and is estimated to expand at the highest CAGR during the assessment period. The market has been expanding with the emergence of food and energy resources due to rapid industrialization, urbanization, and agriculture growth.

Regional Insights

Geographically, the Poly Aluminum Market spans across regions namely North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Among all the regions, Asia Pacific is anticipated to hold the largest market share owing to the demand in several applications such as in paper industry and water treatment. China occupies the major share in this region followed by India and Japan. With the increasing demand for paper industry owing to growing population in India and rest of the Asia Pacific region has made this region the largest consumer of Poly Aluminum Chloride.

Europe is predicted to hold the second largest position in the global market due to the growing consumption of PAC in this region. Meanwhile, the demand for PAC is less in Latin America and the Middle East and Africa.

North America is estimated to hold the third largest position in the global market. Writing and printing papers found in office or school such as notepads, copier paper, and computer printout comprise the largest category for consumption of paper production. Due to such factors, the market for paper industry is expanding at a steady pace in this region.

Market Scenario

The Global Poly Aluminum Chloride Market is anticipated to expand at 5.09 % CAGR during the forecast period (2016-2022) owing to its extensive use for water treatment, asserts Market Research Future (MRFR). Poly Aluminum is an efficient coagulant and flocculent and is employed in personal care and cosmetic products such as antiperspirants and deodorants, paper sizing and treatment of potable water. Poly Aluminum has several properties such as innocuous, insipidness, and can dissolve in water easily, due to which it can be used in various applications such as paper industry, cosmetic additives, oil & gas, wastewater treatment, and others.

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Drivers and Constraints Impacting the Market

Poly Aluminum is extensively used for treating wastewater. With the growing awareness of consuming safe drinking water owing to the investment and involvement by the government agencies has resulted in the demand for Poly Aluminum Chloride which has replaced alum in most of the countries. This was poised to be one the major factors stimulating the market growth during the assessment period. Moreover, Poly Aluminum Chloride is more expensive since complex forms are derived from aluminum salts. To produce good quality water and save cost, producers use alum in case when raw material is difficult to treat PAC. Thus, several countries are replacing alum with Poly Aluminum Chloride for treating sewage and water with growing agriculture and industrial waste, which is further propelling the market growth.

On the flip side, poor infrastructure for effluent and water treatments in developing regions is predicted to inhibit the market growth.

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This release was published on openPR.