Aluminum Sulfate Market Forecast 2030 : Rising Demand For Treated Water and The Recycled Paper Industry
The global aluminum sulfate market is expected to register a steady revenue CAGR over the forecast period. The aluminum sulfate market revenue growth is primarily driven by factors such as rising need for treated water due to water scarcity and the recycled paper industry.
Aluminum sulfate is a white crystalline chemical compound with the chemical formula Al2(SO4)3 and the Chemical Abstracts Service (CAS) number 10043-01-3. It has a pleasant, moderately astringent flavor, is harmless, and is ethanol insoluble, it will heat up but not combust. It is produced by reacting newly precipitated aluminum hydroxide with a suitable amount of sulfuric acid. After that, the solution is evaporated and allowed to crystallize. It is available in white, glossy crystals, bits, granules, or powder form.
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Top Key Players: Chemtrade Logistics Inc. (Canada), General Chemical Group Inc. (U.S.), The GEO Group (U.S.), C&S Chemicals Inc. (U.S.), USALCO, LLC (U.S.), Solvay Rhodia SA (Belgium), Affinity Chemical SA (U.S.), Kemira Chemicals Inc. (Finland), GAC Chemical Corporation (U.S.), M Holland Company (U.S.), Sierra Chemical Co (U.S.), Southern Ionics Incorporated (U.S.)
Key Drivers Analysis:
Governments across the globe are putting in increasing efforts to combat increasing water scarcity, therefore it is essential to reuse wastewater and contaminated water. Water treatment and purification is one of the most important applications for alum. When it is mixed with water, microscopic contaminants cluster together to form larger particles. These impurity clumps will then sink to the bottom of the container or become large enough to filter out of the water.
The ability of alum to purify water is limited and it is required in large quantities, which are some of the key factors expected to hamper revenue growth of the market to a certain extent. It effectively stops operating after a certain amount is administered. Increasing the alum concentration will not help treat really unclean water. For instance, to purify muddy water, even 250 parts alum will not suffice. In really unclean water, alum just does not function and generates a huge amount of sludge.
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Segments covered in the report:
Type Outlook (Revenue, USD Billion; 2019-2030)
- Content Iron
- Free of Iron
Application/End-use Outlook (Revenue, USD Billion; 2019-2030)
- Water Treatment
- Pulp and Paper
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Regional Outlook (Revenue, USD Billion, 2021-2030)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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