Global Aluminum Sulfate Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Ferric Alum and Non-ferric Alum), By Application (Water Treatment, Paper & Pulp, Food & Beverages, Textile, Personal Care, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: Chemicals & MaterialsGlobal Aluminum Sulfate Market Insights Forecasts to 2033
- The Global Aluminum Sulfate Market Size was Valued at USD 1.08 Billion in 2023
- The Market Size is Growing at a CAGR of 3.06% from 2023 to 2033
- The Worldwide Aluminum Sulfate Market Size is Expected to Reach USD 1.46 Billion by 2033
- North America is Expected to Grow the fastest during the forecast period.
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The Global Aluminum Sulfate Market Size is anticipated to exceed USD 1.46 Billion by 2033, Growing at a CAGR of 3.06% from 2023 to 2033.
Market Overview:
Aluminum sulfate (Al2(SO4)3) is a white crystalline solid frequently referred to as a coagulant agent used in the purification of drinking water, wastewater plants, and also in paper manufacturing. The rising infrastructure of wastewater plants can significantly contribute to the growth of the aluminum sulfate market. Aluminum sulfate is widely used in paper manufacturing to improve paper quality and durability. It also applied for the exclusion of suspended solids and phosphorous as well as waterproofing agents in the construction industry. This will lead to an increase in the growth of the aluminum sulfate market. The increasing demand for various chemical products, including solvents, pigments, dyes, and others, is one of the main reasons that might contribute to superior growth in the global aluminum sulfate market. This material is used in the majority of these compounds. Another important element that is responsible for driving expansion in this market is the rise in demand for aluminum sulfate in commodities, cosmetics, and pharmaceuticals.
Report Coverage:
This research report categorizes the market for the global aluminum sulfate market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global aluminum sulfate market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global aluminum sulfate market.
Global Aluminum Sulfate Market Report Coverage
Report Coverage | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 1.08 Billion |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 3.06% |
2033 Value Projection: | USD 1.46 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 216 |
Tables, Charts & Figures: | 101 |
Segments covered: | By Product Type, By Application, By Region and COVID-19 Impact Analysis. |
Companies covered:: | Henan Fengbai Industrial Co., Ltd, Chemtrade Logistics, NACALAI TESQUE, INC, Merck KGaA, AFFINITY CHEMICAL, Hawkins, Kishida Chemical Co.,Ltd, USALCO, American Elements, NIKE CHEMICAL INDIA, and other key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors:
The growing worries about water quality and scarcity, aluminum sulfate is becoming more and more necessary in water treatment applications. Aluminum sulfate is in greater demand as a coagulant and flocculant in the purification of drinking water and wastewater treatment due to investments made by municipalities, businesses, and communities in cutting-edge water treatment systems. Additionally, the industry is seeing the rise of new technologies like nanotechnology, which should open up possibilities for the creation of creative products based on aluminum sulfate.
Restraining Factors:
The presence of substituted products such as sodium silicate which is extensively used in wastewater treatment is expected to restrain the growth of the market. Additionally, there are safety issues associated with the manufacture and handling of aluminum sulfate, such as the possibility of chemical spills, hazardous gas releases, and worker exposure to harmful compounds. The expansion of the worldwide aluminum sulfate market is hampered by all of these issues.
Market Segmentation:
The global aluminum sulfate market share is classified into product type and application.
- The ferric alum segment is projected to hold the largest share of the market during the forecast period.
Based on the product type, the global aluminum sulfate market is categorized into ferric alum and non-ferric alum. Among these, the ferric alum segment is projected to hold the largest share of the market during the forecast period. A common chemical product in industry and other domains, ferric ammonium sulfate is a combination of iron and ammonium sulfate. It will propel the segment's expansion since it is frequently employed to prepare the rapidly developing antibiotics in the pharmaceutical industry. The numerous benefits of ferric aluminum sulfate in a range of industrial applications are driving up demand for the substance. An important factor contributing to the rising demand for the product is the efficiency of ferric aluminum sulfates in the treatment of water and wastewater.
- The water treatment segment is expected to hold the highest share of the market over the forecast period.
Based on the application, the global aluminum sulfate market is categorized into water treatment, paper & pulp, food & beverages, textile, personal care, and others. Among these, the water treatment segment is expected to hold the highest share of the market over the forecast period. An important user of aluminum sulfate is the water treatment sector, which uses it mainly as a coagulant to purify water. The water treatment is expanding as a result of the growing demand for clean water brought on by urbanization and population increase. As a result, the expanding water treatment sector is predicted to boost the need for aluminum sulfate in the upcoming years.
Regional Segment Analysis of the Global Aluminum Sulfate Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia-Pacific is projected to hold the largest share of the global aluminum sulfate market over the forecast period.
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Asia-Pacific region's fast urbanization and population growth, worries regarding water scarcity and quality have grown. There is an increasing need for efficient water treatment systems to guarantee that everybody has access to safe and clean drinking water. For the aluminum sulfate market, emerging economies in the Asia-Pacific area, including China, India, and Southeast Asian nations, provide substantial growth prospects. These nations are seeing rapid urbanization, industrialization, and infrastructure development, which is increasing demand for industrial chemicals like aluminum sulfate and water treatment solutions.
North America region is also expected to fastest CAGR growth during the forecast period. Aluminum sulfate is widely utilized as a coagulant in water treatment facilities across the United States, which has a thriving water treatment industry for industrial processes and municipal water supplies. The steady demand for aluminum sulfate is a result of both an expanding population and the requirement for clean water in numerous sectors.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global aluminum sulfate market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies:
- Henan Fengbai Industrial Co., Ltd
- Chemtrade Logistics
- NACALAI TESQUE, INC
- Merck KGaA
- AFFINITY CHEMICAL
- Hawkins
- Kishida Chemical Co.,Ltd
- USALCO
- American Elements
- NIKE CHEMICAL INDIA
- Others
Key Market Developments:
- In October 2023, with President Mnangagwa's commissioning of a US$25 million Chilmund Chemicals manufacturing facility in Bindura, Zimbabwe began producing aluminum sulfate, a crucial chemical for water purification.
- In November 2023, to improve the water supply in Birnin Kebbi, Argungu, Yauri, and Zuru local government areas, the Kebbi State Government invested N179 million in purchasing water treatment chemicals. During an examination at Dukku Water Works, Commissioner Bello Abdullahi-Kaoje verified the purchase, which included 110 tonnes of lime, 220 tons of aluminum sulfate, and tiny chlorine drums.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global aluminum sulfate market based on the below-mentioned segments:
Global Aluminum Sulfate Market, By Product Type
- Ferric Alum
- Non-ferric Alum
Global Aluminum Sulfate Market, By Application
- Water Treatment
- Paper & Pulp
- Food & Beverages
- Textile
- Personal Care
- Others
Global Aluminum Sulfate Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the global aluminum sulfate market over the forecast period?The global aluminum sulfate market size is expected to grow from USD 1.08 Billion in 2023 to USD 1.46 Billion by 2033, at a CAGR of 3.06 % during the forecast period 2023-2033.
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2. Which region is expected to hold the highest share in the global aluminum sulfate market?Asia-Pacific is projected to hold the largest share of the global aluminum sulfate market over the forecast period.
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3. Who are the top key players in the aluminum sulfate market?Henan Fengbai Industrial Co., Ltd, Chemtrade Logistics, NACALAI TESQUE, INC, Merck KGaA, AFFINITY CHEMICAL, Hawkins, Kishida Chemical Co.,Ltd, USALCO, American Elements, NIKE CHEMICAL INDIA, and Others.
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