Aluminum potassium sulphate is a vital chemical compound which is popularly known as Aluminum potassium sulfate dodecahydrate (alum). It is a natural source of mineral that is used in many industries like pharmaceuticals, agriculture, food and beverage, textile and Paper and many other. Aluminum potassium sulphate can be gained from mining and purification process of kalinite and alunite minerals. Similarly, aluminum potassium sulphate can also be taken by chemical process with a process known as hydrometallurgy. Global Aluminum potassium sulfate market is growing due to its growing application in various industries.
It’s being expected that by 2028, the Aluminum Potassium Sulfate market cap will hit USD 52.79 million at a CAGR growth of about 5.31 %.
Aluminum potassium sulphate market finds wide industrial usage due to its ability to restrict the body tissues and withdraw the blood flow. Due to this feature it is widely used in pharmaceutical, cosmetic industries and food and beverage. One important feature of aluminum is its capability to be mordant which makes lasting adherence of dye to fabric. Owing to this chemical industry is a contributor towards the global aluminum potassium sulfate market share. In addition to this, aluminum potassium sulfate market have use in water purification process and also plays the role of catalyst in other chemical reactions and it is used as fertilizer as it helps improve the content of potassium in the soil.
Though it is popular in industry it is also has certain drawbacks which are road blocks towards aluminum potassium sulfate market growth. Often it can cause irritation in skin and the mucous membrane along with damage to the lungs if constantly inhaled. Furthermore, excessive contact with aluminum potassium sulfate might cause Alzheimer diseases. Lack of warning labels on the bottle might be a factor that would deter the aluminum potassium sulfate market growth.
Global potassium sulphate market is split in terms of process, source, application, and end-users. In terms of the manufacturing procedure chosen it is segmented into sulfate salts reaction, Mannheim process, brine processing and other. With respect to application, it is divided into industrial, cosmetics, agriculture, pharmaceutical, foods, and others. With respect to the end user classification is into chemicals, personal care, paper, textile, and others. The source of obtaining the mineral is further divided into commercial and natural products.
On the basis of region, the region of Asia-Pacific is in high demand of potassium. Countries in the Middle East and Africa that possess saline soil and have draught conditions cause bad form of the soil. Recently government has taken initiatives to make the soil better. Furthermore, Central Africa and North Africa have business scope in the market to stand for a long duration. In Asia-pacific countries like China and India are leading exporters of potassium sulphate. The global aluminum potassium sulfate market share of Asia-Pacific is highest owing to its industrial growth, this is followed by Europe, North America, Latin America and Middle East and Africa.
The key players of the market contributing to global aluminum potassium sulfate market share are SESODA Corporation, K+S KALI GmbH, SQM, Tessenderlo Group, The Mosaic Company Migao Corporation, Kemira Kemi AB, and many others.
The various segments of Aluminum Potassium Sulfate Market are,
- Crystal Form
- Powder Form
By Manufacturing Procedure:
- Sulfate salts reaction,
- Mannheim process,
- Brine processing
- Personal care
- North America
- Southeast Asia
What to expect from the upcoming report on ‘Aluminum Potassium Sulfate Market’:
- Future prospects and current trends of the Aluminum Potassium Sulfate market by the end of forecast period (2018-2025)
- Information regarding technological progressions as well as innovations across the world
- Supportive initiatives by government likely to influence the market dynamics.
- In-depth analysis of different market segmentations including regional segmentations, applications and types.
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market.