Industry Background:
Aluminum Sulfate is white, crystalline, granules, or powder in nature. Naturally, it exists as the mineral alunogenite. It is also known by the names of alum or papermaker’s alum. Aluminum Sulfate is often found in baking soda in households, it is used to balance the pH of the soil and more importantly, Aluminum Sulfate is used in water treatment. It causes water impurities to settle down which makes them easier to filter out. Industrially, it is used in dyeing and printing of cloth. Apart from this, aluminum sulfate has applications in papermaking, medical uses, and in the food industry. With the need to treat water and adoption by the medical industry the demand for Aluminum Sulfate is growing rapidly.This growth is primarily driven by Need of Water Treatment to Have Safe Drinking Water
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Specialty Chemicals sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Univar Solutions (United States), Pursuit Industries Pvt. Ltd. (India), Chemtrade Logistics Inc. (Canada), GAC Chemical Corporation (United States), Affinity Chemical LLC (United States), Nippon Light Metal Co., Ltd (Japan), C&S Chemicals, Inc. (United States), Feralco AB (Sweden), Nankai Chemical Co., Ltd. (Japan) and Shreenathji Chemicals (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In February 2023, Univar Solutions ACQUIRED Chem Sol Group, chemicals distributor operating in Costa Rica, Guatemala, El Salvador, Panama, and Honduras. This acquisition enhanced the Univar Solutions' geographic footprint in the growing Central American region. This helped company to expand its presence in aluminum sulfate market
On 2nd Oct 2020, Affinity Chemical, a major producer of bulk aluminum sulfate and other specialty chemicals, has announced the construction of two additional aluminum sulfate (“alum”) production plants in the Southern and Midwestern United States, increasing the total number of alum facilities to eight. Affinity's first alum production plant in Prattville, Alabama, will open in mid-December 2020.Aluminum Sulfate market is a fragmented market due to the presence of various players. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Regulatory Insights:
According to FDA regulations of Aluminum Sulfate, “Aluminum Sulfate is generally recognized as safe when used in accordance with a good manufacturing practice.” FDA assigns Aluminum Sulfate GRAS category.
Influencing Trend:
Adoption of Aluminum Sulfate In Purification of Sugar Beet Juices and Introduction of Aluminum Sulfate As A Coagulant in Medical Applications
Market Growth Drivers:
Need of Water Treatment to Have Safe Drinking Water, Consumption of Aluminum Sulfate To Balance the pH Of Soil and Need of Aluminum Sulfate As A Coagulant in Many Industrial Applications
Challenges:
Aluminum Sulfate Is Not Compatible with Organic Production and Some Studies Show That Aluminum Sulfate Might Be Harmful to Human Health
Restraints:
Aluminum Sulfate Have Negative Impact on Environment
Opportunities:
Rising Fabrics Industry Will Increase the Demand for Aluminum Sulfate and Increasing Water Contamination in Developing Countries Will Boost the Demand for Aluminum Sulfate
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Aluminum Sulfate Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Aluminum Sulfate Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Aluminum Sulfate players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Aluminum Sulfate Study Sheds Light on
The Aluminum Sulfate Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Aluminum Sulfate industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Aluminum Sulfate industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.