By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American poly aluminum chloride market area will dominate this market, owing to the high demand for water purification chemicals in the Region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
October 2023- A prominent manufacturer of high-quality water treatment and industrial chemicals, USALCO, LLC, has disclosed that the organization has started the latest Research and Technology Center at its flagship production plant in Baltimore, Maryland. The Tech Center will carry out a crucial part in boosting the organization's research and development initiatives to fight some of the most complicated water treatment issues. It targets improving the present practices to make them more capable and sustainable in managing the latest and rising contaminants. The Tech Center showcases a four-million-dollar investment and will generate room for up to 19 skilled technical jobs.
Ken Gayer, the USALCO CEO, said that the requirement for advanced research and development to enhance the efficiency and sustainability of water treatment has never been greater. The funding will enable the company to get new chemistry and services solutions to industrial and municipal water treatment customers that lower energy use, reduce general charges, and extend equipment life. Jim Dulko, the company's Vice President for Technology, said that USALCO has been leading in building and marketing innovative water treatment chemistries for several decades with products like DelPAC® Polyaluminum Chloride Solution, which transformed water treatment and are utilized across the globe today.
He further added that the company looks forward to scientific developments in this crucial area through funding that will benefit society and users.
The company has massive influence with its municipal water customer base, which includes four of the ten biggest U.S. cities and six hundred municipalities in general, offering drinking water to over one hundred million Americans. The firm is witnessing the fast implementation of more advanced chemistries, improving general water treatment performance versus legacy products launched in the early stage of the modern water treatment period nearly one hundred years ago.
Figure2: POLY ALUMINUM CHLORIDE MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review
Europe Poly Aluminum Chloride market accounts for the second-largest market share due to the increased demands in end-use industries such as paper and water purification. Further, the German Poly Aluminum Chloride market held the largest market share, and the UK Poly Aluminum Chloride market was the fastest-growing market in the European Region.
The Asia-Pacific Poly Aluminum Chloride Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the growing need to meet energy needs from several end-user industries like transportation, power, and others that will fuel the industry in the forecast period. The product is highly applicable in coagulation treatment in the petroleum industry. Moreover, China’s Poly Aluminum Chloride market held the largest market share, and the Indian Poly Aluminum Chloride market was the fastest-growing market in the Asia-Pacific region.