Global Aluminum Sulfate Market 2019-2023
Published: May 2019 | Pages: 116 | SKU: IRTNTR31281 |
APAC was the largest market in 2018, and its position will remain the same during 2019-2023. Market growth in this region will be faster than the growth of the market in other geographies. Over 61% of the overall market growth will originate from this region, and China will offer maximum growth opportunities to market participants.
Some of the key findings from our aluminum sulfate market forecast report are summarized below
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Aluminum sulfate is preferred in applications including water treatment, pulp and paper, and food and beverages. Aluminum sulfate was mostly used in water treatment applications in 2018, and the segment’s position will remain unchanged throughout the forecast period. During the period 2019-2023, the market’s growth rate in the water treatment segment will be faster than the growth rate of the global market.
The market is fragmented, and the degree of fragmentation is expected to decrease by 2023. The accelerating growth will provide immense growth opportunities to market participants. To make the most of the opportunities, aluminum sulfate companies should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
This market report provides a detailed analysis of the market by application (water treatment, pulp and paper, food and beverages, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors including Chemtrade Logistics Income Fund, GAC Chemical Corp., GEO Specialty Chemicals Inc., Kemira Oyj, and USALCO.
Global aluminum sulfate market: Key drivers and trends
There is a growing demand for aluminum sulfate for various niche applications including algae boom removal from waterbodies and poultry litter formulation. Aluminum sulfate reacts with phosphorus and other unwanted elements and settles at the bottom of the water bodies. This helps in cleaning the water and preventing the formation of algae in water bodies such as lakes. Aluminum sulfate also helps in maintaining healthy livestock, feed consumption, and low mortality rate by reducing the ammonia levels in poultry farms. The low cost and high efficiency of aluminum sulfate make it highly popular for use in such applications. The increasing demand for aluminum sulfate for these niche applications is identified as a critical trend that will have a positive impact on the growth of the aluminum sulfate market size.
The scarcity of safe and potable water has boosted the demand for water treatment chemicals such as aluminum sulfate. Aluminum sulfate acts as a coagulant which helps in removing colloidal and suspended particles from wastewater. It also helps in removing turbidity, biochemical oxygen demand (BOD), and total organic carbon (TOC) from water. Global warming and changing climatic conditions will limit the availability of water resources and consequently boost the demand for aluminum sulfate. Moreover, there is also an increase in investments and government support for the development of water and wastewater treatment projects primarily in the APAC region. This will further fuel the demand for aluminum sulfate for use as coagulants in water treatment plants. The growth of the global water and wastewater chemicals market will also contribute to the growth of the aluminum sulfate market, which will register a CAGR of almost 3% during the forecast period.
Aluminum sulfate market: Competitive landscape and companies covered
The global aluminum sulfate market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on various companies. Moreover, this aluminum sulfate market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
The report offers a detailed analysis of several leading aluminum sulfate manufacturers, including:
- Chemtrade Logistics Income Fund
- GAC Chemical Corp.
- GEO Specialty Chemicals Inc.
- Kemira Oyj
- USALCO
Aluminum sulfate market: Segmentation based on application
- Water treatment
- Pulp and paper
- Food and beverages
- Others
The water treatment segment will account for the largest aluminum sulfate market share. The increasing use of coagulants in wastewater treatment will drive the demand for aluminum sulfate in the water treatment application segment.
Aluminum sulfate market: Segmentation based on geographic region
- APAC
- Europe
- MEA
- North America
- South America
APAC will account for the largest aluminum sulfate market share throughout the forecast period. The increasing use of aluminum sulfate across various industries and the rising demand for food products in APAC will be significant factors fueling aluminum sulfate market growth in this region.
Aluminum sulfate market: Key highlights of the report for the forecast period 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the aluminum sulfate market during the next five years
- Precise estimation of the global aluminum sulfate market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the aluminum sulfate industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of aluminum sulfate companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Water treatment - Market size and forecast 2018-2023
- Pulp and paper - Market size and forecast 2018-2023
- Food and beverages - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Strict regulations on the reuse of wastewater
- Increase in demand from niche applications
- Allegations of price-rigging against vendors
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Chemtrade Logistics Income Fund
- GAC Chemical Corp.
- GEO Specialty Chemicals Inc.
- Kemira Oyj
- USALCO
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
- Off-the-shelf research reports
- Reports can be tailored to meet the customer's needs
- Trusted by more than 100 fortune 500 organizations
- Information about the market's key drivers, trends, and challenges
- Parent market analysis
- Every week, 50,000 people visit our subscription platform
- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis