Aluminum Chlorohydrate Market Size, Share, and Industry Analysis, By Type (Liquid ACH, Solid ACH, Other), By Application (BOD and COD Removal, Nutrient Removal, Suspended Solids Removal, Other), Regional Insights, and Forecast To 2031

Updated On: 08 April 2024

Aluminum Chlorohydrate Market REPORT OVERVIEW

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The global aluminum chlorohydrate market size was USD 98.6 million in 2022 and market is projected to touch USD 134.4 million by 2031, exhibiting a compound annual growth rate (CAGR) of 3.5% during the projected period.

Aluminum chlorohydrate is a group of particular aluminum salts and an inorganic polymer with the general formula AlnCl(3n-m) (OH)m. Aluminum chlorohydrate is indeed a crystalline powder or solid that is scentless, translucent, and gentle yellow. If aluminum chlorohydrate is put on the skin, the salts dissolve in moisture or underarm moisture. The dissolved chemical, which develops a gel, forms a short-term plug in the sweat gland, lowering a particular quantity of sweat on the surface of skin.

COVID-19 Impact: Supply and Lockdown Hindrances to Deplete Market Advancement

The COVID-19 pandemic had a detrimental effect on most market outlook. The chemical is extensively used at petrochemical industry and at wastewater treatment centres. This market is being influenced by factors such as rising consumer disposable income, rising demands for deodorants, and increased number of wastewater treatments plants. The enhanced utilization of chlorohydrate was decreased considerably due to its superior barrier properties including lockdown prevailing during the pandemic which had a detrimental effect on the aluminum chlorohydrate market share outlook.

The sharp rise in chlorohydrate applications throughout all industries after the pandemic such as personal grooming, among others is predicted to contribute to the aluminum chlorohydrate market growth.

LATEST TRENDS 

"Increasing Use of Deodorants to Intensify Market Magnification "

Market growth for aluminum salts as an effective antiperspirant agent in advertising underarm or deodorant cosmetic products is anticipated to propel growth in the chlorohydrate market. Moreover, the FDA (Food and Drug Administration) considers aluminum chlorohydrate in deodorants to be useful, secure, and allowable in concentrations up to 25%. There is no scientific proof that the chemical, which is found in antiperspirants, causes breast cancer or Alzheimer's disease.

Aluminum Chlorohydrate Market SEGMENTATION 

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• By Type

Based on type; the market is divided into liquid ACH, solid ACH, other

Liquid ACH is the leading part of the type segment

• By Application

Based on the application; the market is divided into BOD and COD removal, nutrient removal, suspended solids removal, other

BOD and COD removal industry is the leading part of the application segment

DRIVING FACTORS

"Growing Number of Wastewater Treatment Plants to Assist Market Evolution"

The utilization of this chemical into filtration of water as a coagulant to eliminate dissolved organic substances and colloidal particles found in water is expected to boost the expansion of aluminum chlorohydrate market growth as the percentage of treatment plants increases as a result of additional government projects for water treatment.

"Petrochemical Industries to Nurture Market Expansion"

Moreover, the use of chlorohydrate in petrochemical industries for the manufacturing of hydrocarbon resins boosts the aluminum chlorohydrate market. In accordance with the IEA (International Energy Agency), petrochemical feedstock or substance comprises for 12% of global oil consumption, a proportion that is predicted to rise due to rising demand for plastics, fertilizers, and other products, which will boost the consumption of aluminum chlorohydrate for resin manufacturing, driving the chemical and will uplift the market.

RESTRAINING FACTORS

"Harmful Effects on Human Health to Diminish Market Growth "

Because aluminum chlorohydrate is hygroscopic, it reacts rapidly with water, producing excessive heat and hydrochloric acid vapours. Hydrochloric fumes have a number of negative effects, including vision problems, breathing issues, skin problems, and asthma. Furthermore, the chemical exposure can result in neurological problems, complexity in training, mood swings, short-term memory loss problems, anxiousness, coordination loss, disorientation, depressed mood, mental confusion, gastrointestinal upsets, and eye strain. Furthermore, aluminum toxicity can cause nerve damage, kidney problems, and osteomalacia. All of these factors will eventually impede the growth of the market.

Aluminum Chlorohydrate Market REGIONAL INSIGHTS

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"Growing Pharmaceuticals Company to Foster Market Growth in Asia Pacific "

The Asia Pacific region holds the largest number of the aluminum chlorohydrate market, owing to the region's growing pharmaceutical company, manufacturing, and food & beverages.  The chemical is widely used in a variety of end-use industries as an additive, de-icing agent, liquid coolant, nutrient removal, deodorants, antiperspirants, and fire suppression system systems. The rising demand for and financing in wastewater treatment will increase the need for chlorohydrate-based products, boosting the aluminum chlorohydrate market during the forecast timeframe.

KEY INDUSTRY PLAYERS

"Notable Players in the Industry to Promote Market Expansion "

The industry's growth was significantly influenced by the tactics employed by market participants in recent years, such as extensions. The report provides details and information on the companies and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other criteria considered for this market are the firms that develop and provide new products, the areas in which they operate, mechanisation, innovative techniques, making the most money, and using their products to have a large social impact. This analysis examines the global and regional effects of the outbreak mostly on the market. The study describes the market share features, and market growth by type, industry, and customer sector.

The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.

List of Market Players Profiled 

• Chemtrade (Canada)
• Kemira (Finland)
• GEO (U.S.)
• USALCO (U.S.)
• Summit Chemical (U.S.)
• Holland Company (U.S.)
• Contec Srl (Italy)
• Gulbrandsen Chemicals (U.S.)
• ALTIVIA (U.S.)
• Jiangyin Youhao Chemical (China)
• Wuxi Bisheng Water Treatment (China)
• FIRST (U.S.)

REPORT COVERAGE 

The industry report examines the global market, geographic and country-level market sizes, categorization market expansion, market share, competitor analysis, sales trends, influence of domestic and international market players, supply chain enhancement, trade laws, latest developments, possibilities analysis, business strategy market expansion analysis, product releases, area competitive landscape expanding, and technological advancements.

The report also examines the equipment market's current state of development and its overall market trend. It also separates the market by categories based on type and applications in order to conduct a detailed study and demonstrate the industry's characteristics and prospects. By taking into account a range of elements, such as growth rate, trends, industrial advancements, technologies, growth, distribution, and barriers, it offers a thorough assessment as well as a detailed analysis.