Aluminum Sulfate Market to Reach $1.5 Billion, Globally, by 2033 at 3.2% CAGR: Allied Market Research

The increase in demand for water treatment solutions is a significant driver for the aluminum sulfate market. As global populations grow and urbanize, the pressure on water resources intensifies, necessitating advanced and efficient water treatment processes to ensure the availability of clean and safe water.

Wilmington, Delaware , Oct. 04, 2024 (GLOBE NEWSWIRE) — Allied Market Research published a report, titled, Aluminum Sulfate Market by Grade (Standard Grade, Low Iron Grade and Iron Free Grade), Form (Solid and Liquid), and Application (Water Treatment, Paper Manufacturing, Dyeing, Pharmaceutical and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the aluminum sulfate market was valued at $1.1 billion in 2023, and is estimated to reach $1.5 billion by 2033, growing at a CAGR of 3.2% from 2024 to 2033. 

Prime determinants of growth 

The global aluminum sulfate market is experiencing growth due to increase in demand for water treatment and growth in the paper and pulp industry. However, stringent environmental regulations and safety standards hinder the market growth to some extent. Moreover, utilization in chemical manufacturing processes presents additional opportunities for aluminum sulfate. Aluminum sulfate serves as a precursor in the production of several other chemicals such as aluminum hydroxide, alum, and sodium aluminate. Aluminum hydroxide, derived from aluminum sulfate, is extensively used in the manufacture of flame retardants, ceramics, and pharmaceuticals. Alum, formed by the reaction of aluminum sulfate with potassium sulfate or sodium sulfate has applications in water treatment, papermaking, and leather tanning industries. 

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Report coverage & details: 

  Report Coverage      Details   
  Forecast Period      2024–2033   
  Base Year      2023   
  Market Size in 2023      $1.1 billion   
  Market Size in 2033      $1.5 billion   
  CAGR      3.2%   
  No. of Pages in Report      420   
  Segments Covered      Grade, Form, Application, and Region   
  Regional Scope      North America, Europe, Asia-Pacific, LAMEA   
  Drivers       Increase in demand for water treatment    Growth in the paper and pulp industry   
  Opportunity      Utilization in chemical manufacturing processes   
  Restraint      Stringent environmental regulations and safety standards   

Standard grade segment to maintain its dominance by 2033 

By grade, the standard grade segment held the highest market share in 2023 and is estimated to maintain its leadership status throughout the forecast period. The increase in need for effective water treatment solutions is a primary driver for the standard grade of aluminum sulfate. The contamination of water resources becomes a critical issue as urbanization and industrial activities escalate. Municipalities and industries are increasingly investing in water treatment facilities to ensure the provision of clean and safe water. Standard grade aluminum sulfate is widely utilized in these processes due to its efficiency in coagulating and flocculating impurities, thereby enabling the removal of suspended solids, organic matter, and pathogens. 

Liquid segment to maintain its dominance by 2033 

By form, the liquid segment held the highest market share in 2023 and is estimated to maintain its leadership status throughout the forecast period. The expansion of industrial activities and wastewater treatment drive the demand for liquid aluminum sulfate in the treatment of industrial effluents. Industries such as pulp and paper, textiles, food and beverage, and mining generate wastewater that contains various contaminants and pollutants. Liquid aluminum sulfate is commonly used as a flocculant in wastewater treatment plants to facilitate the removal of suspended solids, heavy metals, and organic compounds from industrial effluents. The demand for effective wastewater treatment chemicals such as liquid aluminum sulfate is expected to grow during the forecast period as industries face increasing regulatory pressure to comply with environmental standards and discharge limits. 

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Water treatment segment is expected to lead the trail by 2033 

By application, the water treatment segment held the highest market share in 2023 and is estimated to dominate during the forecast period. The demand for potable water and efficient wastewater management systems escalates as cities expand and populations increase. Urban areas generate significant amounts of wastewater that must be treated to prevent environmental contamination and health risks. Aluminum sulfate is integral in these treatment processes, effectively removing impurities, suspended particles, and organic matter from water, thereby ensuring it meets safety and quality standards for consumption and environmental discharge. In addition, environmental regulations and water quality standards also drive the demand for aluminum sulfate in water treatment. Governments and environmental agencies are increasingly imposing stringent regulations to protect water resources from pollution and ensure safe drinking water for the public. 

Asia-Pacific is expected to experience fastest growth throughout the forecast period 

By region, Asia-Pacific was the fastest growing region in terms of revenue in 2023. The paper and pulp industry in the Asia-Pacific region is expanding rapidly, driven by surge in demand for paper products, packaging materials, and hygiene products. Aluminum sulfate is a key ingredient in the papermaking process, used for sizing and improving the paper’s resistance to water and ink absorption. The industry’s growth is fueled by rise in literacy rates, surge in e-commerce sector that require more packaging materials, and the overall economic development in the region. 

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Leading Market Players: 

  • American Elements 
  • Hawkins 
  • Kishida Chemical Co., Ltd. 
  • NIKE CHEMICAL INDIA 
  • Chemtrade Logistics 
  • Henan Fengbai Industrial Co., Ltd. 
  • Merck KGaA 
  • USALCO 
  • NACALAI TESQUE, INC. 
  • AFFINITY CHEMICAL 

The report provides a detailed analysis of these key players in the global aluminum sulfate market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

About Us 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. 

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