The aluminum ammonium sulfate market is expected register a robust revenue CAGR of 4.5% between 2022 and 2030. Adoption of ammonia alum is expected to continue to grow because of the numerous benefits it provides. Ammonium alum is used in dyeing and printing textiles and in preparation of lake pigments. Ammonium alum is also used in baking powders, tanning leathers, and as a substrate for lake pigments. In addition, aluminum ammonium sulfate market revenue growth is expected to be driven by rising demand for the product from the textile industry for dyeing textiles, making textiles and for color fixing in Naphthol-based dyes for fabric, particularly cotton.
Some of the leading players in the global Aluminum Ammonium Sulfate (Alum) market:
BASF SE, Solvay SA, Akzo Nobel N.V., Kemira Oyj, The Dow Chemical Company, PVS Chemicals, Inc., Tessenderlo Group, Aluminium of Greece S.A., and Anhui BBCA United Alkali Co., Ltd.
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Market Scenario:
The materials and chemicals sector has significantly grown over the recent years and is expected to register robust revenue CAGR over the forecast period. The materials and chemicals sector comprises daily wear products such as detergents, perfumes, soaps, and other raw materials and chemicals used in the manufacturing of other products. There has been a significant increase in the demand for raw materials and chemicals across various industrial sectors such as healthcare and pharmaceuticals, automotive, agriculture, manufacturing, paint, and food and beverages among others. Factors such as increasing awareness about green energy and excess carbon emission, changing consumer preference, growing adoption of biodegradable, sustainable and eco-friendly products, and rapidly expanding industries and building and construction sector are expected to boost global market revenue growth going ahead.
Competitive Landscape:
The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.
Key questions addressed in the report:
- What is the expected market size of the global Aluminum Ammonium Sulfate (Alum) market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Aluminum Ammonium Sulfate (Alum) \market?
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Aluminum Ammonium Sulfate (Alum) Market Segmentation:
Product Outlook (Revenue, USD Million; Volume, Kilo Tons, 2019-2030 )
- Ammonium alum
- Aluminum sulfate
- Ammonium sulfate
- Others
Application Outlook (Revenue, USD Million; Volume, Kilo Tons, 2019-2030 )
- Dyeing & printing textile
- Baking powder
- Tanning leathers
- Lake pigments
- Others
End-Use Outlook (Revenue, USD Million; Volume, Kilo Tons, 2019-2030 )
- Textile industry
- Food & beverage industry
- Water treatment industry
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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