Poly Aluminum Chloride Market Scope
The poly aluminum chloride market is expected to grow in the forecast period due to its usage on a large scale for the treatment of drinking and wastewater. Poly Aluminum Chloride is an inorganic polymer, commercially manufactured by reacting aluminum with hydrochloric acid. It is increasingly being used across the pulp and paper and other industries. Also employed in cosmetics and personal care products such as deodorants and antiperspirants.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Kemira Oyj (Finland), Gongyi Filter Industry Co., Ltd. (China), GEO Speciality Chemicals(United States), Feralco AB (Sweden), Airedale Chemical.(United Kingdom), Kanoria Chemicals & Industries Limited (KCI) (India), Synergy Multichem Pvt. Ltd. (India), USALCO.(United States), Gujarat Alkalies and Chemical Ltd. (India) and Grasim Industries Ltd.(India) |
CAGR | % |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Research Analyst at AMA estimates that Global Vendors will contribute to the maximum growth of Global Poly Aluminum Chloride market throughout the predicted period.
Kemira Oyj (Finland), Gongyi Filter Industry Co., Ltd. (China), GEO Speciality Chemicals(United States), Feralco AB (Sweden), Airedale Chemical.(United Kingdom), Kanoria Chemicals & Industries Limited (KCI) (India), Synergy Multichem Pvt. Ltd. (India), USALCO.(United States), Gujarat Alkalies and Chemical Ltd. (India) and Grasim Industries Ltd.(India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Poly Aluminum Chloride market by Type , by Application (Wastewater Treatment, Paper Industry, Cosmetic Additive and Oil And Gas) and Region with country level break-up.
On the basis of geography, the market of Poly Aluminum Chloride has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Influencing Trend:
Rising Application in Cosmetic & Personal Care Industries as an Active Ingredient in Deodorants and Antiperspirants
Market Growth Drivers:
Increased Demand in End-use Industries such as Water Treatment and Paper Industries and Used as a Coagulant in Paper and Pulp Industries to Reduce the pH, Color, and COD of the Paper Mill Effluent
Challenges:
Complex Extraction Process
Restraints:
High Price of Poly Aluminum Chloride
Opportunities:
Highly Used as a Substitute to Alum in Various Water Treatment Industries and Growth In Developing Countries
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Poly Aluminum Chloride Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries