The aluminum sulfate market was valued at $1.1 billion in 2023, and is projected to reach $1.5 billion by 2033, growing at a CAGR of 3.2% from 2024 to 2033.
Aluminum sulfate is a chemical compound that is widely used for various applications due to its coagulation properties. One of the most important uses of aluminum sulfate is in water treatment and purification, wherein it clumps microscopic impurities and enables to to filter them out of the water, thus making water potable. It further employed in agriculture as a soil conditioner and in the construction industry for concrete waterproofing.
The growth of the global aluminum sulfate market is majorly driven by surge in demand for clean and safe drinking water. With exponentially increasing population, industrial activities are expected to increase correspondingly, which intensifies the pressure on water resources, leading to higher contamination and pollution concerns. In response, municipalities, industries, and communities worldwide are heavily investing in robust water treatment infrastructure to ensure the supply of clean and safe water. According to the US Water Alliance, approximately 52,000 water systems in the U.S. deliver drinking water to homes and businesses and around 16,000 centralized treatment plants collect and treat wastewater. As per the assessment done by the American Society of Civil Engineers in 2016, an additional investment of $82 billion is required to be done by the U.S. per year in water infrastructure. This, in turn, boost the demand for aluminum sulfate, as it remains a critical component in municipal and industrial water treatment plants. Moreover, increase in trend of adopting sustainable agricultural practices notably contributes toward the growth of the market. This is attributed to the fact that aluminum sulfate is used in controlled amounts to enhance soil health and crop yields while minimizing environmental impact. However, improper disposal of aluminum sulfate leads to water pollution. If not effectively treated, wastewater from industrial processes can contain residual aluminum sulfate, which, when released into natural water bodies can disturb the ecological balance. In addition, availability of more sustainable and effective alternatives hampers the market growth. On the contrary, rise in trend toward the recovery and recycling of aluminum sulfate from industrial processes to reduce environmental impact and improve cost efficiency is expected to offer remunerative opportunities for the growth of the market during the forecast period.
The aluminum sulfate market is segmented into grade, form, application, and region. By grade, the market is classified into standard grade, low iron grade, and iron free grade. On the basis of form, it is bifurcated into solid and liquid. Depending in application, it is categorized into water treatment, paper manufacturing, dyeing, pharmaceutical, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
On the basis of form, the liquid segment was the major shareholder in 2023 and is anticipated to continue the same trend throughout the forecast period.
Depending on application, the water treatment segment acquired maximum share in 2023 and is projected to lead during the coming years.
Region wise, Asia-Pacific was the key revenue generator in 2023, and is likely to dominate the market in the future.
Aluminum sulfate is a chemical compound that is widely used for various applications due to its coagulation properties. One of the most important uses of aluminum sulfate is in water treatment and purification, wherein it clumps microscopic impurities and enables to to filter them out of the water, thus making water potable. It further employed in agriculture as a soil conditioner and in the construction industry for concrete waterproofing.
The growth of the global aluminum sulfate market is majorly driven by surge in demand for clean and safe drinking water. With exponentially increasing population, industrial activities are expected to increase correspondingly, which intensifies the pressure on water resources, leading to higher contamination and pollution concerns. In response, municipalities, industries, and communities worldwide are heavily investing in robust water treatment infrastructure to ensure the supply of clean and safe water. According to the US Water Alliance, approximately 52,000 water systems in the U.S. deliver drinking water to homes and businesses and around 16,000 centralized treatment plants collect and treat wastewater. As per the assessment done by the American Society of Civil Engineers in 2016, an additional investment of $82 billion is required to be done by the U.S. per year in water infrastructure. This, in turn, boost the demand for aluminum sulfate, as it remains a critical component in municipal and industrial water treatment plants. Moreover, increase in trend of adopting sustainable agricultural practices notably contributes toward the growth of the market. This is attributed to the fact that aluminum sulfate is used in controlled amounts to enhance soil health and crop yields while minimizing environmental impact. However, improper disposal of aluminum sulfate leads to water pollution. If not effectively treated, wastewater from industrial processes can contain residual aluminum sulfate, which, when released into natural water bodies can disturb the ecological balance. In addition, availability of more sustainable and effective alternatives hampers the market growth. On the contrary, rise in trend toward the recovery and recycling of aluminum sulfate from industrial processes to reduce environmental impact and improve cost efficiency is expected to offer remunerative opportunities for the growth of the market during the forecast period.
The aluminum sulfate market is segmented into grade, form, application, and region. By grade, the market is classified into standard grade, low iron grade, and iron free grade. On the basis of form, it is bifurcated into solid and liquid. Depending in application, it is categorized into water treatment, paper manufacturing, dyeing, pharmaceutical, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
By grade, the standard grade segment held the highest market share in 2023 and is expected to maintain its leadership status by 2033.On the basis of form, the liquid segment was the major shareholder in 2023 and is anticipated to continue the same trend throughout the forecast period.
Depending on application, the water treatment segment acquired maximum share in 2023 and is projected to lead during the coming years.
Region wise, Asia-Pacific was the key revenue generator in 2023, and is likely to dominate the market in the future.
Competition Analysis
Competitive analysis and profiles of the major players in the global aluminum sulfate market include American Elements, Hawkins, Kishida Chemical Co., Ltd., NIKE CHEMICAL INDIA, Chemtrade Logistics, Henan Fengbai Industrial Co., Ltd., Merck KGaA, USALCO, NACALAI TESQUE, INC., and AFFINITY CHEMICAL. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to gain maximum share and sustain the intense competition.Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- End user preferences and pain points
- Industry life cycle assessment, by region
- Product Benchmarking / Product specification and applications
- Supply Chain Analysis & Vendor Margins
- Upcoming/New Entrant by Regions
- Technology Trend Analysis
- Market share analysis of players by products/segments
- New Product Development/ Product Matrix of Key Players
- Regulatory Guidelines
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Criss-cross segment analysis- market size and forecast
- Expanded list for Company Profiles
- Historic market data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- List of customers/consumers/raw material suppliers- value chain analysis
- Market share analysis of players at global/region/country level
- SWOT Analysis
- Volume Market Size and Forecast
Key Market Segments
By Grade
- Standard Grade
- Low Iron Grade
- Iron Free Grade
By Form
- Solid
- Liquid
By Application
- Water Treatment
- Paper Manufacturing
- Dyeing
- Pharmaceutical
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA
- American Elements
- Hawkins
- Kishida Chemical Co.,Ltd.
- NIKE CHEMICAL INDIA
- Chemtrade Logistics
- Henan Fengbai Industrial Co., Ltd.
- Merck KGaA
- USALCO
- NACALAI TESQUE, INC.
- AFFINITY CHEMICAL
Please note:
- Online Access price format is valid for 60 days access. Printing is not enabled.
- PDF Single and Enterprise price formats enable printing.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: ALUMINUM SULFATE MARKET, BY GRADE
CHAPTER 5: ALUMINUM SULFATE MARKET, BY FORM
CHAPTER 6: ALUMINUM SULFATE MARKET, BY APPLICATION
CHAPTER 7: ALUMINUM SULFATE MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Companies Mentioned
Key Market Players in the Aluminum Sulfate Market include:- American Elements
- Hawkins
- Kishida Chemical Co.,Ltd.
- NIKE CHEMICAL INDIA
- Chemtrade Logistics
- Henan Fengbai Industrial Co., Ltd.
- Merck KGaA
- USALCO
- NACALAI TESQUE, INC.
- AFFINITY CHEMICAL
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 420 |
| Published | June 2024 |
| Forecast Period | 2023 - 2033 |
| Estimated Market Value ( USD | $ 1.1 billion |
| Forecasted Market Value ( USD | $ 1.5 billion |
| Compound Annual Growth Rate | 3.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
