The new report by Expert Market Research titled, ‘Global Aluminium Sulfate Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global aluminium sulfate market, assessing the market based on its segments like types, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/aluminium-sulfate-market/requestsample
The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 3%
The growing pulp and paper industry owing to the thriving education sector, increasing number of student enrollments in schools and universities, and rising demand for high-quality paper has resulted in increased utilisation of aluminium sulfate in the industry. Meanwhile, the growing utilisation of aluminium sulfate in the pharmaceutical and food and beverage industry is anticipated to propel the demand for the product in the forecast period. Moreover, the increasing demand for aluminium sulfate to control the pH levels of vegetables such as tomato and beet is likely to provide impetus to the market in the future. In terms of region, the Asia Pacific accounts for a significant share in the market owing to the strong foot hold of local manufacturers, coupled with the thriving chemical industry in countries like India and China, among others.
Industry Definition and Major Segments
Aluminium sulfate is defined as a white crystalline hygroscopic solid compound which is generally procured by treating bauxite with sulfuric acid. Aluminium sulfate is water soluble and is majorly used in the manufacturing of paper and purification of water. In addition to this, high-water solubility of the compound makes it excellent for dying purposes.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/aluminium-sulfate-market
By type, the market can be bifurcated into:
- Common Grade
- Iron Grade
Based on application, the market is segmented into:
- Pulp and Paper
- Water Treatment
- Dyeing
- Others
The regional markets for aluminium sulfate include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The rising investments in water treatment projects owing to the growing awareness pertaining to water conservation are likely to be the key trends in the market. In addition to this, the increasing utilisation of the product in the food and beverage industry owing to the sweet taste and non-toxicity of the compound is anticipated to propel the demand for the product. Furthermore, the rapid industrialisation and urbanisation in emerging economies is anticipated to be another major trend in the market.
Key Market Players
The major players in the market are Chemtrade Logistics Inc., Hawkins, Inc., Southern Ionics Incorporated, Affinity Chemical LLC, and GAC Chemical Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Media Contact
Company Name: EMR Inc.
Contact Person:- Shira Ellis, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
