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 size of the poly aluminum chloride market?

The Poly Aluminum Chloride market size was USD 1.1 billion in 2020 and will grow at a CAGR of 7.8% from 2021 to 2027. The market size refers to USD. Poly aluminum chloride is widely used as flocculant in wastewater treatment, in producing deodorant, antiperspirants and several other end-use.

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 polyaluminium chloride (PAC)?

It is a yellow-colored, water-soluble solid. Polyaluminium Chloride (PAC) 28 percent and Polyaluminium Chloride (PAC) 30 percent are the two forms of the chemical. This chemical has many industrial applications, but it is most commonly used in the flocculation processes used in water treatment industries.

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.

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.