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

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

Sodium aluminate, also known as sodium meta aluminate, is an inorganic compound and an important chemical commodity. It is an efficient raw material for producing aluminum hydroxide widely used in industry and science and technology. Pure sodium aluminate (anhydrous) is a white crystal. Sodium aluminate is manufactured by the dissolution of aluminum hydroxide (Al (OH)3) in a caustic soda (NaOH) solution.

Market Overview:

The latest research study on the global Sodium Aluminate market finds that the global Sodium Aluminate market reached a value of USD 237.28 million in 2022. It’s expected that the market will achieve USD 275.5 million by 2028, exhibiting a CAGR of 2.52% during the forecast period.

The transportation of goods is affected to some extent

Due to the particularity of the epidemic, governments of various countries have issued policies to restrict transportation. It is required to minimize travel, avoid crowds and reduce the spread of diseases. Different countries have different policies, cross-border trade is restricted, and national control over import and export products becomes stricter, which increases the time of goods transportation. These measures make it more difficult to transport goods, especially import and export products. Many modes of transportation have been affected and some modes of transportation have been canceled, so the products ordered by online buyers cannot be delivered. The seller can only change the mode of transportation and shorten the transportation time as much as possible. For example, some sellers change railway transportation to air transportation, and the price of air transportation is about 4-5 times that of railway, which increases the cost of cargo transportation. Sellers will naturally increase the price of goods, and the increase in price may reduce the demand of customers, thus affecting sales and affecting the Sodium Aluminate industry.

Supply shortage of raw materials

Affected by the COVID-19 epidemic, the industries of all countries in the world are in a state of blockade and shutdown, so not only the industries within each country can't trade, but also the countries can't trade because of the supervision of cross-border import and export. COVID-19 had a negative impact on the upstream process of the Sodium Aluminate market and delayed the delivery time of raw material supplements. Moreover, the production of Sodium Aluminate needs a lot of raw materials. If the raw materials can't be replenished in time, the production of Sodium Aluminate can't be carried out normally, thus affecting the output and supply of Sodium Aluminate.

Advantages and wide applications

Sodium Aluminate has many advantages and wide applications, which make it develop well in the market. The main applications of Sodium Aluminate include water and wastewater treatment, surface treatment for papermaking and titanium dioxide manufacturing, raw materials for zeolite and catalyst manufacturing, and additives for cement and concrete. The wide application of Sodium Aluminate has a broad downstream demand market. This is beneficial to the development of the Sodium Aluminate industry.

Fierce competition

As the huge consumer demand brings high profits, it attracts many investors to enter the Sodium Aluminate market. With more and more investors entering the Sodium Aluminate market, the competition in this market is increasing. Those companies that already have loyal customers, mature teams, and a comprehensive understanding of customer needs, may be less affected. However, new enterprises often need to spend a lot of time and energy to attract customers. At the same time, they have to be suppressed by the top manufacturers in the industry. Therefore, if the newly-entered company does not have a strong team, sufficient funds, and mature sales channels, it is difficult to occupy a place in the market. The fierce competitive pressure will cause some enterprises to be eliminated from the market, which will have a negative impact on the development of the Sodium Aluminate market.

Region Overview:

North America dominated the Sodium Aluminate market in 2022, with a market share of 40.31%.

Company Overview:

Kemira is one of the major players operating in the Sodium Aluminate market, holding a share of 21.87% in 2023.

Kemira

Kemira is a global company that supplies chemicals to industries that consume a lot of water. Kemira has two main business units: pulp and paper, industry and water. Kemira's areas of focus: water, energy and raw material efficiency, wet-end chemistry, packaging and cardboard, paper towels, process chemicals, oil, natural gas and metal recovery, extraction process, raw water treatment, industrial and municipal wastewater treatment, food packaging and circular economy.

REMONDIS

REMONDIS is a German multinational company engaged in recycling, water resources management and industrial and public services. REMONDIS Group is active in many fields of circular economy: extracting raw materials from waste, developing innovative recycled products, providing alternative energy sources and participating in water supply and wastewater treatment. In addition, REMONDIS is responsible for the low discharge of residual and harmful materials that cannot be reasonably recovered in the current state of technology.

Segmentation Overview:

Among different product types, Liquid Form segment is anticipated to contribute the largest market share in 2028.

Liquid Form

Sodium aluminate, solution is a water solution of the white crystalline powder. Liquid sodium aluminate is becoming an increasingly popular choice for the removal of phosphorus in municipal and industrial wastewater plants.

Solid Form

Sodium aluminate, solid is an odorless white powdered solid. Toxic by ingestion and corrosive to tissue. It is used for water purification, making milk glass, soap and detergent.

Application Overview:

The market's largest segment by application is the segment Water Treatment, with a market share of 44.36% in 2022.

Cement Additives

The concrete accelerator is made of sodium aluminate, poly aluminum sulfate, sodium carbonate, dehydrated gypsum, and quicklime as raw materials, and is prepared by grinding and screening. In construction technology, sodium aluminate is used to accelerate the solidification of concrete, which is beneficial to work during frost.

Water Treatment

In water treatment, sodium aluminate is used as an auxiliary agent of water softening system, as a coagulant aid to improve flocculation, and to remove dissolved silica and phosphate.

Paper Industry

In Paper Industry Sodium Aluminate Increases The Opacity Retention Of Fibers And Filling Material & Paper Strength. Also It Stabilizes The Ph Value Of The Water Circulations And Increases The Dispersion Stability Of Filler.

Key Companies in the global Sodium Aluminate market covered in Chapter 3:

Hangzhou Yunhe Aluminum sulfate Co.,Ltd.
Kemira
USALCO
Coogee Chemicals
Nordisk Aluminat
REMONDIS
Lier Chemical
ZIBO TONGJIE CHEMICA CO., LTD
Holland Company
DEQUACHIM s.a.
GAC Chemical Corporation

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

Liquid Form
Solid Form

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

Cement Additives
Water Treatment
Paper Industry
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)