Poly Aluminium Chloride (PAC) Market Size, Share, Trend 2023 Key Trends & Growth Forecasts To 2030
Poly Aluminium Chloride (PAC) Market Overview:
The Poly Aluminium Chloride (PAC) Market Size was USD 1,700.00
Million in 2022. It is projected
to reach USD 2,555.95 Million by 2030 indicating a CAGR of 5.3% during the
forecast period.
Market key drivers:
Growing Industrial Applications: PAC is finding increasing use in various
industrial processes, including wastewater treatment in textile, paper, and oil
& gas industries. Its ability to handle a wider range of pollutants
compared to traditional coagulants is a major advantage.
Focus on Sustainable Water
Management: The growing
emphasis on sustainable water management practices is favoring PAC. It offers several benefits like reduced
sludge generation and lower life cycle costs compared to alternative
coagulants.
Urbanization and Population Growth: Rapid urbanization and population growth are
putting a strain on existing water resources.
PAC plays a crucial role in treating water for consumption in densely
populated areas.
Rising Demand for Water Treatment: Stringent water quality regulations and
growing concerns about waterborne diseases are driving the poly aluminium chloride (pac) market demand for
effective water treatment solutions. PAC is a highly efficient coagulant,
making it a preferred choice for removing impurities and suspended solids from
raw water.
Market Key Players:
Airedale Group, Feralco AB, GEO Specialty Chemicals, Neelchem, Grasim
Industries Ltd., Kemira Oyj, Synergy Multichem Pvt. Ltd., USALCO, and Gujrat
Alkalies and Chemical Limited
Market Segmentation:
By Form: Solid and
Liquid
By End-user Industry: Water
Treatment, Paper & Pulp Industry, Cosmetics and Personal Care, Oil &
Gas, and Others (Textile and Ceramic Industry, etc.)
Regional Analysis:
North America: Currently
dominating the market, North America is expected to maintain its leading
position. The region's aging water infrastructure, coupled with growing
emphasis on water quality, fuels demand for PAC-based treatment solutions.
Stringent regulations and the effectiveness of PAC in diverse water conditions
further solidify North America's market dominance
Asia Pacific: This
region is expected to witness the fastest growth due to rapid industrialization
and urbanization. The growing demand for clean water for industrial processes
and drinking purposes presents a significant opportunity for the PAC market. China, India, and Southeast Asian countries
are expected to be key contributors to the regional growth
Europe: Europe
represents a mature market with a well-established water treatment
infrastructure. However, the need for upgrading aging infrastructure and
stricter environmental regulations is likely to propel the demand for PAC in
the region
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