Poly Aluminum Chloride Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 4.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Poly Aluminum Chloride Market Analysis
The market for poly aluminum chloride is expected to register a CAGR of over 4% during the forecast period. The major factor driving the growth of the market is its usage on a large scale for the treatment of drinking and wastewater. Furthermore, it is increasingly being used across the pulp and paper and other industries. On the other side, unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.
- The water treatment industry is anticipated to be the largest market for the poly aluminum chloride market during the forecast period.
- Asia-Pacific is expected to dominate the overall poly aluminum chloride market, due to the strong presence of the end-user industries generating wastewater, thus, increasing the demand for wastewater treatment.
Poly Aluminum Chloride Market Trends
This section covers the major market trends shaping the Poly Aluminum Chloride Market according to our research experts:
Large Scale Water Treatment to Boost Poly Aluminum Chloride Market
- The global demand for clean drinking water is accelerating, thus, increasing the demand for various methods of drinking water treatment. Poly aluminum chloride escalates the pace of flocculation and coagulation during the procedure of water sanitization. Poly aluminum chloride (PAC) offers various points of interest over conventional coagulants, like alum or iron salts.
- Since PACs are pre-neutralized and have a higher charge thickness than customary coagulants, they coagulate by means of an increasingly effective component, called charge neutralization. This permits PACs to be viable at lower portions than alum or iron salts when one analyzes the real metal being added by the coagulant to the framework.
- The overall industrial wastewater treatment market size is expected to grow from USD 11.4 billion in 2019 to USD 15 billion by 2024.
- All the aforementioned factors are expected to drive the poly aluminum chloride market during the forecast period.
Asia-Pacific to Dominate the Poly Aluminum Chloride Market
- Asia-Pacific holds a prominent share in the poly aluminum chloride market, and it is expected to dominate the market during the forecast period.
- The total revenue of bottled water in the region is estimated to be USD 103 billion by 2020. China alone is estimated to accrue a revenue of USD 58.14 billion in the bottled water segment, in 2020.
- In 2019, the industry income of the manufacture of paper and paper items in India was estimated at USD 15.59 billion, and it is expected to reach a value of USD 17.01 billion by 2023.
- The revenue of the personal care industry from South Korea in 2020 is estimated to be USD 8.3 billion, and it is projected to reach a value of USD 11.65 billion by 2024.
- Thus, the rising demand for such products from various industries is expected to drive the market in the region, during the forecast period.
Poly Aluminum Chloride Industry Overview
The poly aluminum chloride market is partially fragmented. Some of the players in the market include GEO Specialty Chemicals Inc., Feralco AB, Airedale Chemical, USALCO LLC, and Aditya Birla Chemicals (India) Limited.
Poly Aluminum Chloride Market Leaders
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GEO Specialty Chemicals, Inc.
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Feralco AB
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Airedale Chemical
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USALCO
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Aditya Birla Chemicals (India) Limited
*Disclaimer: Major Players sorted in no particular order
Poly Aluminum Chloride Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Increasing Demand from Large-scale Water Treatment Industries
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4.1.2 Increasing Demand in Paper and Pulp Industry
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4.2 Restraints
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4.2.1 Unfavorable Conditions Arising Due to COVID-19
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4.2.2 Other Restraints
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4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 Form
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5.1.1 Solid
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5.1.2 Liquid
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5.2 End-user Industry
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5.2.1 Water Treatment
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5.2.2 Paper Industry
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5.2.3 Cosmetics and Personal Care
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5.2.4 Oil and Gas
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5.2.5 Other End-user Industries
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5.3 Geography
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5.3.1 Asia-Pacific
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5.3.1.1 China
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5.3.1.2 India
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5.3.1.3 Japan
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5.3.1.4 South Korea
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5.3.1.5 Rest of Asia-Pacific
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5.3.2 North America
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5.3.2.1 United States
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5.3.2.2 Canada
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5.3.2.3 Mexico
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5.3.3 Europe
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5.3.3.1 Germany
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5.3.3.2 United Kingdom
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5.3.3.3 France
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5.3.3.4 Italy
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5.3.3.5 Rest of Europe
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle-East and Africa
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5.3.5.1 Saudi Arabia
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5.3.5.2 South Africa
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5.3.5.3 Rest of Middle-East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share/Ranking Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 Aditya Birla Chemicals (India) Limited
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6.4.2 Airedale Chemical
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6.4.3 Feralco AB
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6.4.4 GEO Specialty Chemicals Inc.
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6.4.5 George S. Coyne Chemical Co. Inc.
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6.4.6 Gulbrandsen
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6.4.7 HOLLAND COMPANY
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6.4.8 Kanoria Chemicals & Industries Ltd
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6.4.9 Kemira
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6.4.10 Summit Chemical Specialty Products LLC
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6.4.11 Synergy Multichem Pvt. Ltd
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6.4.12 USALCO LLC
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Poly Aluminum Chloride Industry Segmentation
The scope of the poly aluminum chloride market report includes:
Form | |
Solid | |
Liquid |
End-user Industry | |
Water Treatment | |
Paper Industry | |
Cosmetics and Personal Care | |
Oil and Gas | |
Other End-user Industries |
Geography | |||||||
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Poly Aluminum Chloride Market Research FAQs
What is the current Poly Aluminum Chloride Market size?
The Poly Aluminum Chloride Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Poly Aluminum Chloride Market?
GEO Specialty Chemicals, Inc., Feralco AB, Airedale Chemical, USALCO and Aditya Birla Chemicals (India) Limited are the major companies operating in the Poly Aluminum Chloride Market.
Which is the fastest growing region in Poly Aluminum Chloride Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Poly Aluminum Chloride Market?
In 2024, the Asia Pacific accounts for the largest market share in Poly Aluminum Chloride Market.
What years does this Poly Aluminum Chloride Market cover?
The report covers the Poly Aluminum Chloride Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Poly Aluminum Chloride Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Polyaluminum Chloride Industry Report
Statistics for the 2024 Polyaluminum Chloride market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Polyaluminum Chloride analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.