Poly Aluminium Chloride (PAC) Market Scope
Poly Aluminum Chloride (PAC) is a chemical compound that is primarily used in water treatment to remove impurities and other contaminants. It is a coagulant that is used to increase the size of particles in water so that they can be easily removed by sedimentation or filtration. PAC is an alternative to traditional aluminum sulfate (alum) and ferric chloride and is becoming more popular due to its efficiency and ease of use. and PAC is a group of water-soluble aluminum compounds that contain varying amounts of Al2O3. It is produced by reacting aluminum hydroxide with hydrochloric acid and is available in both liquid and powder form. PAC has a range of applications, including water treatment for municipal and industrial use, paper production, and as a food additive. In water treatment, PAC is used to treat both potable water and wastewater. It works by neutralizing the charges on particles in water, causing them to coagulate and form larger particles that can be easily removed by sedimentation or filtration. This process helps to clarify the water and remove impurities such as suspended solids, organic matter, and pathogens.
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|Key Companies Profiled||Kemira Oyj (Finland), GEO Specialty Chemicals, Inc. (United States), Feralco AB (Sweden), SNF S.A.S. (Franc), Gujarat Alkalies and Chemicals Ltd. (India), Airedale Chemical Company Limited (United Kingdom), Aditya Birla Chemicals (India) Limited (India), Chemtrade Logistics Income Fund (Canada) and Gongyi City Xianke Water Supply Material Co., Ltd.(China)|
Competition among existing players is due to the stiff market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality to cater to the ever-growing demand for Poly Aluminium Chloride. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Poly Aluminium Chloride (PAC) market throughout the predicted period.
Kemira Oyj (Finland), GEO Specialty Chemicals, Inc. (United States), Feralco AB (Sweden), SNF S.A.S. (Franc), Gujarat Alkalies and Chemicals Ltd. (India), Airedale Chemical Company Limited (United Kingdom), Aditya Birla Chemicals (India) Limited (India), Chemtrade Logistics Income Fund (Canada) and Gongyi City Xianke Water Supply Material Co., Ltd.(China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Nippon Light Metal Co., Ltd. (Japan), Jiaozuo Yuanbo Environment Protection Technology Co., Ltd. (China), Holland Company (United States), PT Lautan Luas Tbk (Indonesia), Taki Chemical Co., Ltd. (Japan) and Hengyang Jianheng Industry Development Co., Ltd. (China).
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.
The study have segmented the market of Global Poly Aluminium Chloride (PAC) market by Type , by Application (Drinking water treatment, Wastewater treatment, Paper manufacturing, Textile production and Others) and Region with country level break-up.
On the basis of geography, the market of Poly Aluminium Chloride (PAC) 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 2022.
Market Leaders and their expansionary development strategiesIn 2020, Amico Industrial Group, a manufacturer of steel grating and other industrial products, acquired Alabama Metal Industries Corporation (AMICO), a manufacturer of FRP grating and other composite products.
In 2020, Strongwell is one of the leading companies in the FRP grating market, and it has been expanding its product offerings in recent years, the company introduced a new line of lightweight FRP grating panels that are designed for use in platforms, walkways, and other applications
Influencing Trend:Adoption of PAC as a sustainable and eco-friendly alternative to traditional coagulants
Market Growth Drivers:Growing demand for clean and safe drinking water globally, and Increasing awareness about the harmful effects of pollutants in water
Challenges:High cost of production and transportation of PAC
Restraints:The potential health risks associated with the use of PAC due to the presence of residual aluminum in the treated water
Opportunities:Increasing demand for PAC in developing countries due to rapid urbanization and industrialization