Product ID: UCMIG15E2545
Report ID:
UCMIG15E2545 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The poly aluminum chloride market, valued at USD 1.1 billion in 2020, is set for substantial expansion with a projected compound annual growth rate (CAGR) of 7.8% from 2021 to 2027. Poly aluminum chloride's extensive utility as a flocculant in wastewater treatment, as well as its applications in the production of deodorants, antiperspirants, and various other end-uses, underpin its growth. The market analysis underscores the pivotal role of this chemical compound in addressing global wastewater treatment needs, a critical concern as environmental regulations tighten and water resource management becomes paramount. With the increasing emphasis on sustainable practices and the imperative to manage water resources effectively, the poly aluminum chloride market is poised to experience significant expansion, aligning with heightened worldwide efforts to achieve cleaner, safer, and more sustainable water systems by 2027.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG15E2545