Polyaluminum Chloride Market – Snapshot
Polyaluminum chloride, popularly known as PAC, is a spectrum of inorganic polymers. It has higher charge density than traditional coagulants. Polyaluminum chloride is beneficial than the traditional coagulants, as it gives better results at lower doses compared to alum or other iron salts. Polyaluminum chloride is available in liquid and powder forms. The powder form is generally preferred over the liquid form. The polyaluminum chloride market is expanding at prominent pace. Asia Pacific is anticipated to dominate the global polyaluminum chloride market during the forecast period, followed by Europe and North America.
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Rise in Demand for Freshwater and Government Regulations regarding Clean and Safe Drinking Water to boost the Market for Polyaluminum Chloride
Clean and safe drinking water is essential for human life. There are numerous substances by which drinking water can get contaminated such as animal waste, disposed chemicals, and pesticides. Moreover, in several places, drinking water is not properly treated, which may pose risk to public health. In order to avoid this, governments across countries have implemented environmental and industrial norms by framing water regulatory bodies for examining drinking water and industrial wastewater. These bodies primarily focus on water treatment as a means of providing safe drinking water to public. Moreover, companies are taking initiatives for recycling of wastewater for reuse.
Availability of Low-cost Alternatives and High Costs of Water Treatment Technologies to hamper Market
Alum is a common coagulant used for water treatment. It is less expensive than other water treatment chemicals and is easy to use. Although polyaluminum chloride is more effective than alum, its price is twice or thrice the price of alum. Also, alum is a readily available coagulant and is a common water treatment chemical. Furthermore, water treatment technologies are expensive and they require a high level of technical knowhow. These factors are anticipated to hamper the demand for polyaluminum chloride during the forecast period.
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Need for Wastewater Treatment due to depleting Freshwater Resources
Freshwater reserves are becoming scarce owing to rise in the demand for water led by increasing population and growth of the industrial sector. In order to face the situation, alternative water resources are required. Wastewater treatment is a process employed to convert wastewater into reusable water. By applying this process, wastewater can be returned to the water cycle with minimum effects on the environment. Wastewater treatment comprises physical, chemical, and biological operations and processes to remove solids and organic matter from water. Polyaluminum chloride has the ability to coagulate effectively in water with low or high turbidity. It is widely used in municipal and industrial water treatment plants and also, in the separation of slurry in industrial processes. Thus, depleting freshwater resources and increasing impurities in wastewater have augmented the need for water treatment chemicals. This, in turn, has generated the demand for polyaluminum chloride.
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Powder Form and Potable Water Treatment to be dominant Segments
Polyaluminum chloride is available in two forms i.e. liquid and powder. Powder is the dominant form segment of the market and the trend is likely to continue during the forecast period. PAC in the powder form is costlier than that in the liquid form; however, due to ease in transportation and longer shelf-life of the powder form, it is preferred over the liquid form. Among applications, the potable water treatment segment held a considerable share of the polyaluminum chloride market in 2017. Depletion in freshwater resources and rise in awareness regarding water quality have propelled the demand for polyaluminum chloride.
Asia Pacific held a Prominent Market Share in 2017
Asia Pacific accounted for a major share of the global polyaluminum chloride market in 2017 and is expected to continue its dominance between 2018 and 2026. Asia Pacific is the most populous region in the world. It is also a prominent industrial hub. Demand for water in the region has been continuously increasing, generating a need for water treatment for potable and industrial purposes. Implementation of stringent environmental and industrial norms related to water treatment is a key driver propelling the demand for polyaluminum chloride in Asia Pacific. The market in the region is expected to register a significant growth rate compared to other regions. The markets in Europe and North America are expected to experience moderate growth during the forecast period.
Polyaluminum Chloride Market is consolidated with a few Global Companies accounting for a Major Share
The global polyaluminum chloride market is consolidated with a few prominent companies accounting for a major market share. These companies have well-established manufacturing facilities and distribution network across key regions. Major players operating in the global polyaluminum chloride market are Kemira Oyj, 3V Tech S.p.A., BASF SE, Gulbrandsen, Nippon Light Metal Company Ltd. (NLM), Geo Specialty Chemicals Inc., Feralco Group, USALCO, Gujarat Alkalies & Chemicals Ltd., Kanoria Chemicals & Industries Limited.
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