Global Aluminum Sulfate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Aluminum Sulfate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Aluminum sulfate is a water-soluble, odorless, white crystalline compound. It has a sweet, slightly astringent taste and is insoluble in ethanol. Aluminum sulfate may burn, but it will not ignite. Aluminum sulfate is an important aluminum salt. Its main purpose is to be used as a coagulant in the purification treatment of drinking water and industrial water, and as a sizing agent in papermaking. It is also widely used in food and textile fields.

Market Overview:

The latest research study on the global Aluminum Sulfate market finds that the global Aluminum Sulfate market reached a value of USD 1153.25 million in 2022. It’s expected that the market will achieve USD 1361.07 million by 2028, exhibiting a CAGR of 2.8% during the forecast period.

Increasing demand in developing countries

The growth of downstream demand, especially in urban areas and metropolises of developing economies, has had a positive impact on the growth of the aluminum sulfate market. The substantial increase in water-borne diseases in some areas has promoted the demand for water purification, coupled with the increasing emphasis on clean water and government initiatives in developing countries, which is promoting the development of the aluminum sulfate market. In addition, the development of papermaking, textile, medicine, food, and other industries in developing countries has also increased the demand for the use of aluminum sulfate. Therefore, the growing demand for aluminum sulfate in developing countries is also one of the main factors driving market growth.

The challenge of safe production

Because of its acidity, aluminum sulfate will seriously pollute and pollute the wildlife and vegetation in the area, so environmental spills of aluminum sulfate should be cleared immediately. In addition, when aluminum sulfate is mixed with water, sulfuric acid is formed, which burns human skin and eyes. Therefore, sodium nitrate production enterprises have certain hidden safety hazards, and they also bring certain challenges and risks to the production operation, storage, and transportation of their products. If a safety production accident occurs during the operation process, it may have a certain impact on the normal production and operation and business performance of the aluminum sulfate industry enterprises.

Region Overview:

In 2021, the share of the Aluminum Sulfate market in North America stood at 33.1%.

Company Overview:

Chemtrade Logistics Inc. is one of the major players operating in the Aluminum Sulfate market, holding a share of 7.23% in 2021.

Chemtrade Logistics Inc.

Chemtrade is a publicly traded chemical manufacturing and processing company. Operating a diversified business, serving industries including: water and wastewater treatment, food, beverages, pharmaceuticals, pulp and paper, oil and gas, industrial processing, agriculture, etc.

Kemira Oyj

Kemira is a global leader in sustainable chemical solutions for water-intensive industries. Provide the most suitable products and expertise to improve customers' product quality, process and resource efficiency. The focus is on pulp and paper, water treatment, and oil and gas.

Segmentation Overview:

As for product types, the Industrial Grade segment held the largest market share in 2021.

Food & Pharmaceutical Grade

Food and pharmaceutical grade aluminum sulfate are non-toxic and safe to eat. When used as a food additive in Europe, its number is E520. When used in accordance with FDA Good Manufacturing Practices, aluminum sulfate is generally considered safe in food (GRAS).

Industrial Grade

Industrial grade aluminum sulfate has a certain gap with food and pharmaceutical grade in terms of implementation standards, hygiene indicators, impurity requirements, etc. It can only be used for commercial and industrial purposes, and its purity is not enough to provide any kind of food, medicine or medicine.

Application Overview:

The market's largest segment by application is the segment Water Treatment, with a market share of 55.91% in 2021.

Key Companies in the global Aluminum Sulfate market covered in Chapter 3:

Nippon Light Metal Co., Ltd
Feralco AB
USALCO LLC
Hangzhou Yunhe Aluminum Sulfate Co.,Ltd
GAC Chemical Corporation
Drury Industries Ltd
Shandong Sanfeng Group Co., Ltd.
Chemtrade Logistics Inc.
Nankai Chemical Co., Ltd.
C&S Chemicals, Inc.
Kemira Oyj
Hengyang Jianheng Industry
GEO Specialty Chemicals, Inc.
Zibo Guangzheng Aluminum Salt Chemical Co., Ltd.
Affinity Chemical LLC

In Chapter 4 and Chapter 14.2, on the basis of types, the Aluminum Sulfate market from 2018 to 2029 is primarily split into:

Food & Pharmaceutical Grade
Industrial Grade

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Aluminum Sulfate market from 2018 to 2029 covers:

Water Treatment
Paper & Pulp
Food & Beverages
Textile
Personal Care
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)