How big is the polyaluminium chloride market?

According to the report published by Zion Market Research, global demand for Polyaluminium Chloride market was valued at approximately USD 10.05 Billion in 2019, and is expected to generate revenue of around USD 19.30 Billion by end of 2026, growing at a CAGR of around 9.5% between 2020 and 2026.

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 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.

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.

What are the challenges facing the polyaluminium chloride market?

The chlorine market faced challenges with low demand and surplus supply. These conditions resulted in a poor number of sales and decreased trading activities, which had a negative impact on the polyaluminium chloride market.

Why did polyaluminium chloride prices rise in Q1 2021?

Due to a persistent lack of feedstock chemicals and interrupted production activity, polyaluminium chloride prices rose dramatically across the region. Multiple hurricanes had already caused a severe shortage of HCl in Q4 2020, but devastating winter storms halted all manufacturing efforts again in Q1 2021.