Aluminium Potassium Sulphate Market
Aluminium Potassium Sulphate Market Analysis By Form (Powder, Crystal), By End-use (Water Purification, Pharmaceutical, Cosmetics, Paper, Textile)- Global Market Insights 2023 to 2033
Analysis of Aluminium Potassium Sulphate Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Aluminium Potassium Sulphate Market Growth Outlook (2023 to 2033)
The global aluminium potassium sulphate market is set to estimate a valuation of US$ 49.4 million in 2023 and it is expected to grow at a CAGR of 5.1% to reach US$ 81.3 million by the end of 2033.
Aluminium potassium sulphate, also known as alum or potassium alum, is a chemical compound widely used in various industries due to its versatile properties. It is an inorganic salt that consists of potassium, aluminium, and sulphate ions. Alum has a wide range of applications in industries such as water treatment, cosmetics, pharmaceuticals, and food processing.
Aluminium Potassium Sulphate Market Size (2022A)
US$ 47.0 Million
Estimated Market Value (2023E)
US$ 49.4 Million
Forecasted Market Value (2033F)
US$ 81.3 Million
Global Market Growth Rate (2023-2033)
Key Companies Profiled
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Historic and Future Path for Aluminium Potassium Sulphate Market
The aluminium potassium sulphate market has experienced steady growth in recent years, due to its diverse applications across multiple industries. The compound's unique properties, including its astringent and antiseptic qualities, make it a valuable ingredient in various products. The market is expected to continue to expand due to increasing demand from end-use sectors and the emergence of new applications.
Further, aluminium potassium sulphate is extensively used in water treatment processes, particularly for purifying drinking water and wastewater treatment. The increasing awareness about water quality and stringent regulations regarding water treatment has led to rising demand for alum in this sector.
- Short Term (2023-2026): Aluminium potassium sulphate finds applications in various industries, including water treatment, food processing, pharmaceuticals, and cosmetics. The increasing demand for these products across these sectors is driving the demand for aluminium potassium sulphate.
- Medium Term (2026-2029): Rapid industrialization, particularly in emerging economies, is driving the demand for aluminium potassium sulphate. It is used as a flocculant in various industrial processes, such as paper manufacturing, textile production, and tanning. As these industries expand, the demand for aluminium potassium sulphate is likely to increase.
- Long Term (2029-2033): Research and development efforts focused on enhancing the properties and applications of aluminium potassium sulphate is likely to drive market dynamics. Innovations such as improved purification techniques, modified formulations, and increased production efficiency open up new opportunities and impact the demand for aluminium potassium sulphate.
Market Dynamics Outlook
“Aluminium Potassium Sulphate: A Preferred Coagulant in Water Purification Industry”
Aluminium potassium sulphate is widely used as a coagulant in water treatment processes. It helps to remove impurities and suspended particles by destabilizing colloidal particles and forming larger flocs that are easily separated from the water. As the water treatment industry expands to meet the increasing demand for clean and safe water, the demand for aluminium potassium sulphate as a coagulant grows.
Aluminium potassium sulphate is used in the purification of drinking water. It aids in the removal of turbidity, organic matter, and certain dissolved substances that impact water quality and pose health risks. With growing concerns over water scarcity, population growth, and pollution, the demand for aluminium potassium sulphate in drinking water treatment is expected to increase.
“Factors Restraining the Market Growth”
The raw material prices and availability of alternatives remain a pain point in the market growth of the aluminium potassium sulphate market over the years.
In some applications, aluminium potassium sulphate faces competition from alternative chemicals or technologies. For instance, in certain water treatment applications, polymer-based flocculants or advanced oxidation processes may offer advantages over traditional coagulants. The availability and adoption of substitute products or technologies to restrain the demand for aluminium potassium sulphate in specific applications.
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Why the U.S. is Likely to Increase Demand for Aluminium Potassium Sulphate?
The US accounts for more than 40.0% of the global pharmaceutical industry and holds production of over 20.0% in the global market. In 2022, the US pharmaceutical industry was valued at over US$ 500.0 billion and is expected to continue its growth during the forecast period.
Aluminium potassium sulphate is used as an excipient in various pharmaceutical formulations. Excipients are inactive ingredients that are added to medications to enhance their stability, solubility, and bioavailability. Aluminium potassium sulphate acts as a stabilizer, pH adjuster, and emulsifying agent in certain drug formulations. As the pharmaceutical industry expands, the demand for aluminium potassium sulphate as an excipient increase.
Why China is Emerging as a Lucrative Market for Aluminium Potassium Sulphate?
China aluminium potassium sulphate market is expected to capture over 50% of the market share in the East Asia region. Growing consumer preference for cosmetics products is likely to create a significant opportunity for market players in China.
China’s cosmetics industry was valued at over US$ 50 billion in 2022 and is expected to witness high demand during the forecasted period. Aluminium potassium sulphate, also known as potassium alum, is commonly used in antiperspirants and deodorants. It acts as an astringent and helps reduce sweating and control body odor. As the cosmetic industry experiences growth, the demand for antiperspirants and deodorants increases, subsequently driving the demand for aluminium potassium sulphate.
Why Demand for Aluminium Potassium Sulphate is High from Pharmaceuticals?
Aluminium potassium sulphate, also known as potassium alum, is used in antiperspirant and deodorant products. It acts as an astringent, helping to reduce sweating and control body odor. With the rising demand for personal care products, including antiperspirants and deodorants, the demand for aluminium potassium sulphate as an ingredient in these formulations is growing.
Aluminium potassium sulphate has astringent properties, which make it useful in wound healing and as a hemostatic agent. It can help stop bleeding and promote wound healing by contracting blood vessels and forming a protective layer. The pharmaceutical industry utilizes aluminium potassium sulphate in certain topical formulations, wound dressings, and styptic pencils.
Aluminium potassium sulphate is also used in dental applications. It is employed as a hemostatic agent during dental procedures to control bleeding. Additionally, it is used in some dental impression materials and mouth rinses. As the dental industry continues to grow, the demand for aluminium potassium sulphate in dental applications is expected to increase.
Hence, the expanding pharmaceutical industry creates growth opportunities for the aluminium potassium sulphate market. The versatility of aluminium potassium sulphate in pharmaceutical applications makes it a vital ingredient in various formulations and medical products, driving its market growth in the pharmaceutical sector.
Which Form of Aluminium Potassium Sulphate is Gaining Traction?
Powder form rules the aluminium potassium sulphate market. Aluminium potassium sulphate powder has a broad range of applications across various industries. It is used as a coagulant in water treatment, an ingredient in cosmetics and personal care products, a mordant in textile dyeing, a flame retardant in certain materials, and a pickling agent in food processing. The versatility of aluminium potassium sulphate powder allows it to cater to diverse market segments, contributing to its market growth.
Aluminium potassium sulphate powder finds applications in various personal care and cosmetic products. It is used as an astringent in toners, aftershaves, and antiperspirants, contributing to pore-tightening and odor control. Additionally, it acts as a mordant in natural dyeing processes for cosmetics, such as eyeshadows and lipsticks. The growth of the personal care and cosmetics industry, driven by changing beauty trends and increased consumer awareness, fuels the demand for aluminium potassium sulphate powder.
Aluminium potassium sulphate powder serves as a mordant in textile dyeing processes. It helps fix dyes onto fabrics, ensuring color fastness and improving color intensity. With the growth of the textile industry and the increasing demand for vibrant and long-lasting colored textiles, the use of aluminium potassium sulphate powder as a mordant drives market growth.
Aluminium potassium sulphate powder is used as a pickling agent in certain food processing applications. It helps maintain the texture, color, and flavor of pickled products. As the demand for processed and convenience foods increases, the use of aluminium potassium sulphate powder in the food industry is growing, supporting market growth.
Aluminium potassium sulphate powder is easy to handle, store, and transport. Its powder form allows for convenient measurement, mixing, and application in various industries. This ease of handling and application makes aluminium potassium sulphate powder a preferred choice for manufacturers and end-users, contributing to its market growth.
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Market Titans Key Strategies
Aluminium potassium sulphate market prominent players are Sigma-Aldrich, Merck KGaC, Holland Company, Thermo Fisher Scientific, Baslini SpA, Nanjing Jiayi Sunway Chemicals, Zibo Dazhong Edible Chemical, and Powder Pack Chem.
Market players are entering into strategic partnerships and collaborations with other companies, including raw material suppliers, distributors, and end-users. These collaborations help in expanding the market reach, improve distribution networks, and accessing new customer segments.
Pricing strategies also play a crucial role in the aluminium potassium sulphate market. Players aim to offer competitive prices while maintaining product quality to attract customers. They often adopt pricing strategies based on market demand, cost optimization, and competitor analysis.
Fact.MR has provided detailed information about the price points of key manufacturers of aluminium potassium sulphate positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Aluminium Potassium Sulphate Industry Research
By Form :
By End-use Industry :
- Water Purification
- Food & Beverage
By Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
- FAQs -
The global aluminium potassium sulphate market is estimated at US$ 49.4 million in 2023.
During 2023-2033, the demand of aluminium potassium sulphate is likely to increase at 5.1% CAGR.
Water treatment application to hold maximum market share in the aluminium potassium sulphate market.
Sigma-Aldrich, Holland Company, Thermo Fisher Scientific, Baslini SpA, and Nanjing Jiayi Sunway are some of the prominent market players.
Growing water purification initiatives coupled with the mushrooming pharmaceutical industry are likely to drive market growth during the forecast period.