Aluminum Chlorohydrate Market by Type (Solid and Liquid), by Application (Cosmetics, Water Treatment, Pharmaceutical, and Others), and By Region (North America, Latin America, Europe, Middle East, Asia Pacific, Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI16919 | Publish Date: May 2024 | No. of Pages: 180

Global Aluminum Chlorohydrate Market By Overview

Aluminum Chlorohydrate Market was valued at US$ 71 billion in 2024 and is projected to grow at a CAGR of 4.90% to reach US$ 109.6 billion by 2034.

Aluminum chlorohydrate is a group of water-soluble aluminium salts with the general formula AlnCl(3n-m) (OH)m that are commonly used in antiperspirants and deodorants. It works by temporarily plugging sweat ducts, which helps to reduce sweating and prevent underarm odour. Aluminum chlorohydrate is also used in water purification to remove dissolved organic matter and colloidal particles. It is generally considered safe for use in both cosmetics and water treatment.

Some of the benefits of using Aluminum chlorohydrate products is their anti-bacterial, anti-fungal and anti-inflammatory nature. Aluminium chlorohydrate salts are also known to reduce pain and prevent infection. Antiperspirants containing aluminum chlorohydrate can provide long-lasting protection from sweat and odour, typically for 12-24 hours and are generally less expensive than other types of antiperspirants or deodorants.

The growing demand for aluminum chlorohydrate market is anticipated to be aided by the growing need for personal hygiene products, especially in developing nations. The need for clean water and sanitation is rising as a result of the population density in cities. Effective water treatment technologies are projected to become more and more in demand as the world's population rises and water scarcity becomes an increasingly urgent problem. Stricter laws are being implemented by governments all over the world regarding the discharge of industrial wastewater and water quality. This is increasing the need for efficient chemicals for treating water, including aluminum chlorohydrate, so that industry can abide by these rules.

Among Americans aged 18 to 29, 90% use deodorant every day, compared to 78% for those over 60. Out of all the countries worldwide, the United States consumes the most deodorant in terms of overall value. Market studies predict that deodorant sales would increase 14.4% from 2022 to over $9.4 billion in 2023. Growing urbanism and consumerism combined with ever-changing beauty standards and increased awareness of personal hygiene are set to raise demand for antiperspirants, driving the Aluminum chlorohydrate market.

Aluminum Chlorohydrate Market - Introduction

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Aluminum Chlorohydrate Market By Dynamics

Drivers of the Aluminum Chlorohydrate Market:      

  • Growing Demand for Water Treatment:

Aluminum chlorohydrate is a vital coagulant and flocculant used in water treatment processes for drinking water, wastewater, and industrial applications. Stringent regulations on water quality and increasing urbanization are driving the demand for efficient water treatment solutions. Aluminum chlorohydrate, being a relatively eco-friendly coagulant compared to some alternatives, is expected to benefit from these regulations.

Growing concerns about waterborne diseases and the need for safe drinking water in developing countries further contribute to this demand. Rapid urbanization is leading to increased water demand and wastewater generation, necessitating efficient water treatment infrastructure, which can benefit the aluminum chlorohydrate market. Rising economic growth in developing countries, particularly in Asia-Pacific, is expected to increase disposable incomes and drive demand for water treatment solutions, positively impacting the target market in the coming forecast period.

According to NEEBRA reports the United States produces about 6.5 million metric dry tonnes (7.18 million U.S. tons) of MSS annually. Approximately 34 billion gallons of wastewater are processed daily by wastewater treatment plants in the United States. An analysis conducted in 2014 by Ranade and Bhandari found that India produces 44 million m3/day of industrial wastewater yearly, of which 6.2 billion liters are left untreated. Such massive amounts of toxic sludge require treatment before being released into water bodies. This in turn raises demand in the Aluminum chlorohydrate market.

  • Rising Demand for Personal Care Products:

In order to reduce perspiration and odour, aluminum chlorohydrate is the main active component of deodorants and antiperspirants. The demand for these products is being driven by rising disposable incomes and growing awareness of personal cleanliness, especially in emerging nations. This is having a favourable effect on the aluminum chlorohydrate market. The majority of antiperspirants include aluminum chlorohydrate as a primary ingredient because of its cost-effectiveness and consumer-friendly nature. The global emphasis on personal cleanliness and grooming is driving up demand for aluminum chlorohydrate products by increasing the use of personal care products like deodorants and antiperspirants. Because it strikes a balance between perceived safety and efficacy, aluminum chlorohydrate is available in natural and organic forms, appealing to environmentally sensitive consumers.

  • Technological Advancements create more opportunities for application: 

New and improved formulations of aluminum chlorohydrate are being created as a result of ongoing research and development efforts. These formulations have better stability, lower corrosivity, and higher efficiency. Because of these developments, aluminum chlorohydrate will become more appealing for a wider range of applications, which will propel market expansion. Aluminum chlorohydrate is currently used in a number of other industries, such as fire retardants, papermaking, textiles, and medicines. It is anticipated that expansion in these sectors will open up new markets for the consumption of aluminum chlorohydrate. Aluminum chlorohydrate is specifically used by the papermaking industry for sizing and reinforcing paper, and by the textile sector for color fixing and flame retardancy.

Restrains:

  • Fluctuations in raw material prices: The market is susceptible to fluctuations in the prices of aluminum and chlorine, which are the key raw materials for aluminum chlorohydrate production.
  • Stringent regulations on aluminum chlorohydrate use: Some concerns exist about the potential health and environmental impacts of aluminum chlorohydrate, leading to stricter regulations in certain regions.
  • Aluminum toxicity: Concerns exist about the potential accumulation of aluminum in water bodies and its impact on aquatic life. Stringent regulations on aluminum discharge could limit the use of aluminum chlorohydrate in water treatment.
  • Chlorine production: The manufacturing process generates chlorine, a hazardous gas with environmental and health concerns. Companies need to invest in emission control technologies, increasing production costs.

Key Opportunities in Aluminum Chlorohydrate Market:

  • Improved Production Processes: Innovations in manufacturing techniques can lead to cost-effective production, enhancing market competitiveness.
  • Nanotechnology: Utilizing nanotechnology in aluminum chlorohydrate formulations could improve its efficacy and expand its application range.
  • Circular Economy: Implementing circular economy principles in the aluminum chlorohydrate lifecycle can promote resource efficiency and sustainability, attracting environmentally conscious consumers.

Global Aluminum Chlorohydrate Market By Segmentation

Aluminum Chlorohydrate Market is segmented based on based on by Type, by Application and Region.

Type Insight

  • Solid – This segment is currently the dominant segment of the Aluminum chlorohydrate market and is expected to witness significant growth during the forecast period. Its popularity among consumers is growing due to being more economical and easier to store than liquid Aluminum chlorohydrate.
  • Liquid- This segment is predicted to witness the fastest growth in the target market during the forecast period due to its easy handling and ready –to- use nature

Application Insights

  • Cosmetics- As the largest segment it accounts for roughly 50% of the market share, primarily driven by its use in antiperspirants and deodorants due to its antiperspirant and astringent properties.
  • Water Treatment- Second-largest segment of the market that occupies around 30% of the market share, utilized as a coagulant and flocculant for effective water purification in both municipal and industrial settings.
  •  Pharmaceutical- This segment holds approximately 15% of the market share, used in various medicinal and dermatological applications like astringents, antiperspirants, and antacids.
  • Others- Smallest segment which includes diverse applications like catalysts in chemical reactions, fire retardants, and leather processing. Technological advancements in specific industries could create new opportunities for growth in Aluminum chlorohydrate market.

Regional Insights:

Aluminum Chlorohydrate Market - Regional Insights

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

 Aluminum Chlorohydrate Market Regional Insights:

On region the Aluminum Chlorohydrate Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • Asia Pacific market currently holds the dominant market shares driven by rapid urbanization, rising disposable incomes, and booming beauty & personal care, pulp & paper, and water & wastewater sectors in China, India, Japan, and South Korea.
  • North America market is expected to witness the fastest growth in the Aluminum chlorohydrate market during the forecast period due to rise in public environmental awareness and stringent regulations on industrial waste water treatment.
  • Europe has developed economies and well-established textile and paper industries hence it maintains a significant share of the Aluminum Chlorohydrate Market. Demand for technologically advanced water treatment procedures and versatile applications of Aluminum chlorohydrate will lead to market growth in the forecast period.
  • Latin America has smaller market shares but offers significant potential for future growth due to expanding economies and investment in personal hygiene care products. Growth is fuelled rapid urbanization and industrialization leading to expanding water treatment and personal care industries.
  • Middle East & Africa: The Aluminum Chlorohydrate Market in this region is relatively small but is expected to witness significant growth in the coming years, driven by several factors such as the rapid advancement in technology and growing infrastructure development and increasing water treatment needs. However, political instability and economic fluctuations pose challenges.

Report Scope:

Attribute

Details

Market Size 2024

US$  71 billion

Projected Market Size 2034

US$ 109.6 billion

CAGR Growth Rate

4.90%

Market Segmentation

By Type - Solid and Liquid

By Application - Cosmetics, Water Treatment, Pharmaceutical, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Aluminum Chlorohydrate Market report based on By Type, By Application and Region:

Aluminum Chlorohydrate Market, By Type:

  • Solid
  • Liquid

Aluminum Chlorohydrate Market, By Application:

  • ·Cosmetics
  • ·Water Treatment
  • ·Pharmaceutical
  • ·Others

Aluminum Chlorohydrate Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Aluminum Chlorohydrate Market By Key Players

The key players operating the Aluminum Chlorohydrate Market includes, Chemtrade Logistics Inc., KemiraOyj, USALCO, LLC, Holland Company, Zhejiang NetSun Co., Ltd., Parchem fine & specialty chemicals, The GEO Group, Inc., Dongying Kunbao Chemical, Avi-Chem Industries and Innova Corporation Co. Ltd.

Global Aluminum Chlorohydrate Market By Key Issues Addressed

  • In December 2023, Chemtrade, a leading global manufacturer of basic chemicals, announced the acquisition of Clariant's water treatment business for $1.2 billion. This deal includes Clariant's aluminum chlorohydrate operations, which are used in a variety of water treatment applications, including municipal drinking water and wastewater treatment.
  •  In October 2023, Lanxess, a specialty chemicals company, announced the expansion of its aluminum chlorohydrate production capacity at its Jinshan, China site. The expansion is expected to be completed in 2025 and will increase Lanxess's global aluminum chlorohydrate production capacity by 50%.
  • In October 2023, Elementis announced a $40 million expansion of its aluminum chloride production facility in China.

Global Aluminum Chlorohydrate Market By Company Profile

  • Chemtrade Logistics Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • KemiraOyj
  • USALCO LLC
  • Holland Company
  • Zhejiang NetSun Co., Ltd.
  • Parchem fine & specialty chemicals
  • The GEO Group, Inc.
  • Innova Corporation Co. Ltd.
  • Dongying Kunbao Chemical
  • Avi-Chem Industries

“*” marked represents similar segmentation in other categories in the respective section.

Global Aluminum Chlorohydrate Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Aluminum Chlorohydrate Market, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Solid and Liquid
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Aluminum Chlorohydrate Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Cosmetics
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Water Treatment
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pharmaceutical
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Aluminum Chlorohydrate Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Chemtrade Logistics Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • KemiraOyj
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • USALCO
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • LLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Holland Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Zhejiang NetSun Co., Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Parchem fine & specialty chemicals
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • The GEO Group, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Innova Corporation Co. Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cipla Inc. 
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact