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What's driving the Poly Aluminium Chloride Market Trends? | Key Players are Kemira Oyj, Airedale Chemical Company Limited, GEO Specialty Chemicals, Feralco, Gujarat Alkalies And Chemical, Grasim Industries, Synergy Multichem, HOLLAND COMPANY, Aditya Birla
Poly Aluminium Chloride Market
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Based on end-user industry, poly aluminium chloride market size can be segmented into waste water treatment, pulp & paper, cosmetics, oil & gas and others including ceramic, automotive, medicine, etc. Product is widely used for coagulation treatment in the oil & gas industry. The pollutants in the petroleum waste water comprise of different salts, heavy metals, surfactants, mineral oil, heavy metals, etc. which can cause serious environmental problems. Henceforth, several laws have been formulated to treat the waste water before being discharged into the environment. These trends will in turn boost product demand and will have subsequent positive impact on the poly aluminium chloride market size during the forecast timeframe.
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.
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.
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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Asia Pacific constituted a considerable chunk of the overall poly aluminium chloride market share in 2017. This is mainly attributed to strong growth in the cosmetics and personal care industry which is mainly due to improving socio-economic factors in the region which will drive deodorant & antiperspirant demand in the coming years. Additionally, availability of abundant oil reserves in China along with rising need to meet energy from several end-user industries such as transportation, power, etc. will drive petroleum industry in the forecast timeframe.
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.
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