Poly Aluminum Chloride Market Overview:
Poly aluminum chloride is an inorganic polymer, available in both solid and liquid forms. This organic polymer is mainly used in the treatment of wastewater and in water-related applications. The demand and popularity of the global market for polya luminium chloride can be attributed to the strict regulation of water and wastewater treatment throughout the world, to reduce environmental pollution and to use them as a substitute.
Poly Aluminum Chloride Market Size and Growth Rate:
According to the research report, the Poly Aluminum Chloride Market size was valued USD 833.1 Million by the end of 2022, and it is growing at a CAGR of 5.09% during the forecast period 2018-2022.
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Poly Aluminum Chloride Market Drivers and Restraints:
The main driver of growth in the global poly aluminium chloride market is its increasing use as an alternative to alum. In the past, alum was used to treat water and wastewater. Although alum is a cost-effective product, it has certain disadvantages which, in turn, have resulted in an increasing demand for poly aluminium chloride throughout the world. In addition, several governments around the world are implementing strict regulations to treat the various effluents present in the water. However, this polymer is highly soluble in nature, both in the solid state and in the liquid state, and is very sensitive to moisture. Although not flammable, this polymer must be stored in polyethylene bags when stored in small quantities. It is highly reactive with certain chemicals and metals and emits several flammable gases, including hydrogen. Therefore, it is advisable to store it in hermetic containers and polyethylene bags for its reaction with carbon, zinc, steel, chlorides, sulphates, aluminum and hypochlorite. Therefore, the storage of this polymer is expensive, which could limit the market development during the estimated period.
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Poly Aluminum Chloride Market Geographical Insights:
The global market is classified in Asia-Pacific, Europe, North America, Middle East and Africa, and Latin America. The Asia-Pacific region had a significant share in the world market in 2017 and is also expected to maintain its dominant position during the estimated period. This region is the most populated in the world and is a remarkable industrial center. The demand for water in the region increases constantly, which generates a need for water treatment for industrial and consumer purposes. The implementation of strict industrial and environmental water treatment standards is another key growth driver that drives the market in the Asia Pacific region.
The markets in Europe and North America are expected to grow moderately during the estimated period due to the increased use of poly aluminium chloride as a substitute for aluminum.
Poly Aluminum Chloride Market – Key Players:
Nippon Light Metal Company, Grasim, Gujarat Alkalies, Kanoria Chemicals, Feralco Group, USALCO, Geo Specialty Chemicals, Gulbrandsen, Kemira Oyj, Hengyang Jianheng Industry, and BASF SE are the prominent players of the market.
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