A recent report published by Infinium Global Research on poly aluminum chloride market provides in depth analysis of segments and sub-segments in global as well as regional poly aluminum chloride market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional poly aluminum chloride market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global poly aluminum chloride market. According to report the global poly aluminum chloride market is projected to grow at a CAGR of 5% over the forecast period of 2018-2024.
Poly-aluminum chloride is an inorganic chemical with polymer structure that is soluble in the water. The Poly-aluminum Chloride is present in both powder and the liquid form. The Poly-aluminum Chloride is used as substitute for Alum and Ferrous Sulfate. Formerly, the aluminum was used to clarify the water. However as aluminum is extremely acidic in nature so existing purification process needs additional chemicals. The poly aluminum chloride component is specially used in the water purification process. The Poly-aluminum Chloride has developed to provide the better performance than aluminum in the purification process. In addition, the Poly-aluminum Chloride is also used in the paper industry, cosmetic and personal care products.
Poly Aluminum chloride market was worth XX million in 2017 and is anticipated to reach XX million by 2024. Rapidly growing use of Poly-aluminum Chloride as an alternative for aluminum salt in the purification process is the factor responsible for driving the growth of Poly-aluminum Chloride market worldwide. In addition, the rising use of Poly-aluminum Chloride in the end-use industries such as paper industry, water industry and cosmetic industries owing to its cost effectiveness is likely to escalate the growth of Poly-aluminum Chloride market. Still, the cost associated with the storage of Poly-aluminum Chloride is high, that hampers the market growth over the forecast period. Moreover, the rising awareness about the consumption of safe drinking and pure water are projected to create the several opportunities in this market in upcoming years.
Geographically, North America accounted for the largest market share owing to the ongoing numerous large scale water treatment activities. Europe is the second largest region in the Poly-aluminum Chloride market. The growing concern about the hygiene, sanitation and water purity among the European population is contributing towards the market growth of Poly-aluminum Chloride
The report on global poly aluminum chloride market covers segments such as, applications. On the basis of applications the global poly aluminum chloride market is categorized into wastewater treatment, cosmetic additive, paper industry, oil and gas and others.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global poly aluminum chloride market such as, Kemira, Airedale Chemical Company Limited, GEO Specialty Chemicals, Synergy Pvt. Ltd, Coyne Chemicals, Central Glass Co. Ltd., Grasim Industries Ltd. and DCM Shriram Industries Ltd..
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global poly aluminum chloride market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of poly aluminum chloride market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the poly aluminum chloride market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the poly aluminum chloride market to understand the present and future trends in this market and formulate their strategies accordingly.
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