What is Global Poly Aluminum Chloride (PAC) Market?
The Global Poly Aluminum Chloride (PAC) Market is a vast and dynamic sector that has been gaining significant attention in recent years. Poly Aluminum Chloride, also known as PAC, is a type of industrial chemical used primarily for water treatment purposes. It is a highly efficient coagulant with low generation of waste sludge in a wide pH range, even at low temperatures. The global PAC market is a complex network of manufacturers, suppliers, and consumers spread across various regions. In 2022, the market was valued at a whopping US$ 1209.3 million, and it is projected to grow even further in the coming years. By 2029, it is expected to reach an estimated value of US$ 1662.9 million. This indicates a Compound Annual Growth Rate (CAGR) of 4.6% from 2023 to 2029. The market is dominated by the top five players who collectively hold about 60% of the total market share.
Product Form, Basicity in the Global Poly Aluminum Chloride (PAC) Market:
The Global Poly Aluminum Chloride (PAC) Market is segmented based on product form and basicity. The product form can be either liquid or powder, with each having its own set of advantages and applications. The liquid form is easy to use and has a fast reaction time, making it ideal for immediate treatment processes. On the other hand, the powder form has a longer shelf life and can be stored for extended periods. The basicity of PAC refers to its pH level, which determines its effectiveness in different applications. A higher basicity indicates a higher pH level, which means the PAC is more alkaline and can effectively neutralize acidic substances. Conversely, a lower basicity indicates a lower pH level, making the PAC more acidic and suitable for neutralizing alkaline substances.
Industrial And Municipal Water Treatment, Drinking Water Treatment, Paper Industry, Pharmaceutical Industry, Cosmetic Industry, Other in the Global Poly Aluminum Chloride (PAC) Market:
The Global Poly Aluminum Chloride (PAC) Market finds its usage in various areas such as Industrial and Municipal Water Treatment, Drinking Water Treatment, Paper Industry, Pharmaceutical Industry, Cosmetic Industry, and others. In Industrial and Municipal Water Treatment, PAC is used to remove impurities and contaminants from the water, making it safe for use. In the Drinking Water Treatment sector, PAC is used to purify water, making it safe for consumption. The Paper Industry uses PAC as a sizing agent to improve the paper's resistance to water. In the Pharmaceutical Industry, PAC is used in the formulation of various drugs and medicines. The Cosmetic Industry uses PAC as a key ingredient in many beauty and skincare products. Other areas where PAC is used include the textile industry, where it is used as a dyeing and finishing agent, and the oil industry, where it is used in the extraction process.
Global Poly Aluminum Chloride (PAC) Market Outlook:
The future outlook of the Global Poly Aluminum Chloride (PAC) Market is quite promising. In 2022, the market was valued at US$ 1209.3 million, and it is expected to grow at a steady pace over the next few years. By 2029, the market is projected to reach a value of US$ 1662.9 million, indicating a Compound Annual Growth Rate (CAGR) of 4.6% from 2023 to 2029. This growth can be attributed to the increasing demand for PAC in various industries, including water treatment, paper, pharmaceutical, and cosmetics. The market is currently dominated by the top five players, who collectively hold about 60% of the total market share. However, the market is expected to become more competitive in the future, with new players entering the market and existing players expanding their product offerings.
| Report Metric | Details |
| Report Name | Poly Aluminum Chloride (PAC) Market |
| Accounted market size in 2022 | US$ 1209.3 in million |
| Forecasted market size in 2029 | US$ 1662.9 million |
| CAGR | 4.6% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| Production by Region |
|
| Consumption by Region |
|
| By Company | Kemira, Feralco Group, Airedale Chemical, Holland Company, GEO, USALCO, Taki, Orica Watercare, Shandong Zhongketianze, Jingmen Yangfeng, Yuanda |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
