Market Overview:
The global aluminum potassium sulfate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for aluminum potassium sulfate from various applications such as food, pharmaceuticals, papermaking, and other industries.
Product Definition:
Aluminium potassium sulfate is a chemical compound with the formula AlK(SO4)2. It is the product of the reaction of aluminium sulfate and potassium sulfate. It is a white solid that is soluble in water.
¢â€°¥99.5%:
Potassium aluminum sulfate is a white crystalline compound, which is soluble in water and ethanol. It has a strong odor of sulfur when it is powdered or broken down. The product has the ability to react with acids formed from sulfur-containing amino groups such as cysteine, methionine and homocysteine. This reaction produces an insoluble residue that can be removed by filtration or centrifugation.
The 99.5% concentration is a solution of pure water and alcohol in equal parts. It has the approximate composition of 2 Parts Alcohol to 1 Part Water (V/V). The solution is used as an industrial solvent for manufacturing aluminum potassium sulfate (AKS) by the dry method, which involves evaporating half of the solvent mixture under vacuum to produce an aqueous phase containing approximately 50% AKS.
Application Insights:
The paper application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. The product has a high demand from pulp and paper mills as an electrolyte for de-icing purposes on account of its ability to prevent corrosion. It is also used as a filler in newsprint, tissue papers, brochures, pamphlets and books.
Aluminium potassium sulfate is used extensively in food processing applications owing to its ability to act as an extender, stabilizer and anticaking agent.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of more than 60% in 2017 owing to high product demand from various end-use industries, such as food & beverage, pharmaceuticals, and paper. China is one of the major producers and consumers of Kysorite globally due to easy availability at low prices coupled with large scale production capacity.
The growing population coupled with rising disposable income has led to an increase in consumer spending on food products across emerging economies including India, Thailand, Vietnam among others.
Growth Factors:
- Increasing demand from the agricultural sector for better crop yield is expected to drive the growth of aluminum potassium sulfate market.
- Growing demand for water treatment chemicals is another major factor that would fuel the growth of aluminum potassium sulfate market in near future.
- Rising application scope of aluminum potassium sulfate in various end-use industries such as pharmaceuticals, cosmetics, and food processing is anticipated to create new opportunities for this market in coming years.
- Stringent environmental regulations related to water and air pollution are likely to propel the demand for aluminum potassium sulfate over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminium Potassium Sulfate Market Research Report
By Type
≥99.5%, <99.5%
By Application
Food, Pharmaceutical, Paper, Other
By Companies
Lianyungang Zhonghong Chemical Co., Ltd., East India Chemicals International, Jay Chemical Industries, Imperial Chem Incorporation, Hengyang Jianheng Industry
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Aluminium Potassium Sulfate Market Report Segments:
The global Aluminium Potassium Sulfate market is segmented on the basis of:
Types
≥99.5%, <99.5%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Pharmaceutical, Paper, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lianyungang Zhonghong Chemical Co., Ltd.
- East India Chemicals International
- Jay Chemical Industries
- Imperial Chem Incorporation
- Hengyang Jianheng Industry
Highlights of The Aluminium Potassium Sulfate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ≥99.5%
- <99.5%
- By Application:
- Food
- Pharmaceutical
- Paper
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminium Potassium Sulfate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminium potassium sulfate is a white or light yellow powder that is used as an agricultural and industrial fertilizer. It helps to improve the growth of plants by providing them with essential nutrients, including potassium. Aluminium potassium sulfate can also be used in detergents and other cleaning products to remove dirt, grease, and other contaminants.
Some of the major companies in the aluminium potassium sulfate market are Lianyungang Zhonghong Chemical Co., Ltd., East India Chemicals International, Jay Chemical Industries, Imperial Chem Incorporation, Hengyang Jianheng Industry.
The aluminium potassium sulfate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminium Potassium Sulfate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminium Potassium Sulfate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminium Potassium Sulfate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminium Potassium Sulfate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminium Potassium Sulfate Market Size & Forecast, 2018-2028
4.5.1 Aluminium Potassium Sulfate Market Size and Y-o-Y Growth
4.5.2 Aluminium Potassium Sulfate Market Absolute $ Opportunity
Chapter 5 Global Aluminium Potassium Sulfate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aluminium Potassium Sulfate Market Size Forecast by Type
5.2.1 ≥99.5%
5.2.2 <99.5%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aluminium Potassium Sulfate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aluminium Potassium Sulfate Market Size Forecast by Applications
6.2.1 Food
6.2.2 Pharmaceutical
6.2.3 Paper
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminium Potassium Sulfate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminium Potassium Sulfate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aluminium Potassium Sulfate Analysis and Forecast
9.1 Introduction
9.2 North America Aluminium Potassium Sulfate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aluminium Potassium Sulfate Market Size Forecast by Type
9.6.1 ≥99.5%
9.6.2 <99.5%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aluminium Potassium Sulfate Market Size Forecast by Applications
9.10.1 Food
9.10.2 Pharmaceutical
9.10.3 Paper
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aluminium Potassium Sulfate Analysis and Forecast
10.1 Introduction
10.2 Europe Aluminium Potassium Sulfate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aluminium Potassium Sulfate Market Size Forecast by Type
10.6.1 ≥99.5%
10.6.2 <99.5%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aluminium Potassium Sulfate Market Size Forecast by Applications
10.10.1 Food
10.10.2 Pharmaceutical
10.10.3 Paper
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aluminium Potassium Sulfate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aluminium Potassium Sulfate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aluminium Potassium Sulfate Market Size Forecast by Type
11.6.1 ≥99.5%
11.6.2 <99.5%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aluminium Potassium Sulfate Market Size Forecast by Applications
11.10.1 Food
11.10.2 Pharmaceutical
11.10.3 Paper
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aluminium Potassium Sulfate Analysis and Forecast
12.1 Introduction
12.2 Latin America Aluminium Potassium Sulfate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aluminium Potassium Sulfate Market Size Forecast by Type
12.6.1 ≥99.5%
12.6.2 <99.5%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aluminium Potassium Sulfate Market Size Forecast by Applications
12.10.1 Food
12.10.2 Pharmaceutical
12.10.3 Paper
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aluminium Potassium Sulfate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aluminium Potassium Sulfate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aluminium Potassium Sulfate Market Size Forecast by Type
13.6.1 ≥99.5%
13.6.2 <99.5%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aluminium Potassium Sulfate Market Size Forecast by Applications
13.10.1 Food
13.10.2 Pharmaceutical
13.10.3 Paper
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminium Potassium Sulfate Market: Competitive Dashboard
14.2 Global Aluminium Potassium Sulfate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lianyungang Zhonghong Chemical Co., Ltd.
14.3.2 East India Chemicals International
14.3.3 Jay Chemical Industries
14.3.4 Imperial Chem Incorporation
14.3.5 Hengyang Jianheng Industry
