What is the growth of the poly aluminum chloride market?

The poly aluminum chloride market will generate over USD 1 billion by 2027, primarily due to the superior compatibility of its liquid form for applications, including treatment of drinking water, wastewater, swimming pool water, and industrial effluents and sewage. Water treatment is the most popular application in the market.

What factors influenced polyaluminium chloride prices in Asia?

In Asia, polyaluminium chloride prices were significantly influenced by the market dynamics of the aluminum and chlorine markets. The chlorine market faced several challenges, such as increasing inventory levels and sluggish downstream industry activities, along with challenging economic conditions.

What is the growth rate of the global PAC liquid market?

The global PAC liquid market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth of the global PAC liquid market can be attributed to the increasing demand for treated water and rising awareness about the benefits of using PACs in various applications such as industrial water treatment and municipal water treatment.

What is the price trend of polyaluminum chloride?

According to Procurement Resource, the price trend of Polyaluminium Chloride is estimated to trace a southwards journey as its demand from the downstream sectors does not seem to follow a growing trend. Domestic mainstream quotations for industrial polyaluminum chloride were 2373.75 RMB/MT on March 29. The Chinese market had mostly stayed stable.

What is poly-Aluminium chloride (PAC)?

Poly-Aluminium Chloride (PAC)is a kind of highly effective water purificiant, which is wildly used in the purification of table water, industry water, industry circulation water and wasted and polluted water from pharmacy industry, paper making industry and printing and dying industry, as well as life wasted water.

Why did the European polyaluminium chloride market struggle in 2023?

The European polyaluminium chloride market encountered difficulties due to the weak position of the chlorine industry. The fall in trade activities and reduced demand from end-user sectors played a substantial role in determining the trend of polyaluminium chloride prices in the first and second quarters of 2023.