Poly Aluminum Chloride (PAC) Market Growth Strategies and Major Companies Analysis till 2028
Market Overview: Poly Aluminum Chloride (PAC) is a soluble aluminum compound produced through the reaction of aluminum chloride with a base. It comes in two forms: liquid and solid. The liquid form is colorless to pale yellow and requires acid-resistant rubber or plastic-lined containers for storage, while the solid form is yellow and is packed in polyethylene-coated bags. Also known as poly aluminum chloride hydroxide sulphate or poly aluminum chloride hydroxide, this chemical compound readily dissolves in water.
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PAC powder tends to absorb moisture in the presence of air. To produce liquid PAC, Calcium Carbonate, aluminum hydroxide, and Hydrochloric Acid are required. On a large scale, PAC is widely used for treating wastewater due to its pre-neutralized nature and higher charge density, making it more effective and efficient than traditional coagulants. It offers advantages such as lower chemical sludge volume, increased sludge density, reduced alkalinity depletion, less pH depression, improved performance in cold water, and suitability for higher pH systems.
The global Poly Aluminum Chloride (PAC) Market witnessed significant growth in 2020 and is expected to maintain a steady revenue CAGR over the forecast period. Key factors driving market growth include its advantages and effectiveness in various end-use industries, such as paper and pulp treatment, water treatment, textile treatment, as well as applications in the plastic and rubber industries. PAC is also in demand in the pharmaceutical sector due to its role as a coagulant and flocculant in cosmetics and personal health products, like deodorants. Additionally, its application in water treatment processes, where it accelerates flocculation and aids in pollutant removal, contributes to its popularity in the chemical sector.
Factors restraining the growth of the global PAC market include the complex extraction process leading to higher prices, its reactivity with moisture and carbon, and the requirement for airtight storage containers, resulting in higher storage costs.
Opportunities for players in the global PAC market arise from the increasing demand for water treatment operations worldwide and the rising awareness about the safety of drinking water. The demand for paper and paper-based products is also expected to drive the product's adoption further.
Current trends in the PAC market indicate its high efficiency in water treatment applications due to its exceptional coagulation properties and wide pH and temperature ranges. This efficiency leads to increased plant capacity and reduced operating costs, as it eliminates the need for additional pH adjustment chemicals.
In terms of product type, the liquid form dominates the segment due to its versatile applications in the water treatment industry, including drinking water, wastewater, swimming pool, and industrial effluents and sewage treatment.
Water treatment is the leading end-use segment, driven by the demand for clean drinking water and increasing concerns about wastewater treatment across various industries.
The Asia Pacific region holds the largest revenue share in the global PAC market, owing to significant growth in the cosmetics and personal care industry and socio-economic improvements in the region.
Asia Pacific is expected to continue leading in terms of revenue CAGR over the forecast period, supported by abundant oil reserves in China and stringent environmental regulations.
The major companies profiled in the report include Airedale Chemical, Feralco AB, GEO Specialty Chemicals, Gongyi Filter Industry Co., Ltd., Grasim Industries Ltd., Gujarat Alkalies and Chemical Ltd., Kanoria Chemicals & Industries Limited, Kemira Oyj, Synergy Multichem Pvt. Ltd., and USALCO.
The report offers historical data, forecasts, and revenue growth analysis at global, regional, and country levels, along with industry trends, drivers, restraints, opportunities, threats, market strategies, and market share contribution for each region and segment. It also includes detailed analysis of the global market, changing dynamics and trends, regional segmentation, major investments, product offerings, and historical, current, and projected revenues.
The report provides detailed segmentation of the global PAC market based on product type (solid and liquid), end use (pulp & paper, textiles, water treatment, plastic & rubber), and region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).
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