According to research by Future Market Insights, The Aluminium Ammonium Sulphate market is anticipated to expand at a CAGR of 3.60% during the forecasted period. According to Forecasts, the market would be worth USD 800.5 Million by 2033, up from USD 562.0 Million in 2023.
Attributes | Details |
---|---|
Market size value in 2023 | USD 562.0 Million |
Market forecast value in 2033 | USD 800.5 Million |
Forecast period | 2023 to 2033 |
Global growth rate (CAGR) | 3.60% |
Share of United Kingdom in Aluminium Ammonium Sulphate Market | 5.70% |
Ammonium alum or ammonia alum are other names for aluminum ammonium sulfate. The buffer, neutralizing agent, and color fixative are the three main functional applications of aluminum ammonium sulfate. The substance can be found as high concentrations of colorless crystals, white granules, or powder.
White crystalline double aluminum ammonium sulfate is a substance. It is made of sulfuric acid, ammonium sulfate, and aluminum hydroxide. It is used in a variety of specialized applications and is cheap and non-toxic. Water purification, vegetable glues, deodorants, dyeing, tanning, fireproofing textiles, and porcelain cement are just a few of the uses for aluminum ammonium sulfate. It is a typical component of animal repellent spray.
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The market for Aluminium Ammonium Sulphate was growing at CAGR of 5.60% from 2018 to 2022. Aluminium Ammonium Sulphate market was valued at USD 428.0 Million 2018 and its letter reached USD 532.2 Million in 2022.
The white, odorless powder has a potent astringent flavor and is soluble in water, glycerol, and weak acid. Numerous commercial and domestic applications exist for aluminum ammonium sulfate. The compound's ability to purify drinking water is one of its main uses. The compound is also produced using a number of minerals.
The use of aluminum ammonium sulfate for medical purposes is another significant driver. Hepatitis A, B, and Diphtheria-Tetanus-Acellular Pertussis subunit vaccines are among the many subunit vaccines that use aluminum ammonium sulfate as an adjuvant. An adjuvant's role is to activate the immune system, boost response, and aid in the production of additional antibiotics to combat the disease.
Aluminium ammonium sulphate (AAS) is a chemical compound used in various industries around the world. It has a wide range of applications and is an important ingredient for products such as leather, paper and textiles. The global aluminium ammonium sulphate market share is split among various regions, with North America being the largest contributor.
The North American aluminium ammonium sulphate market share can be attributed to the high demand from industrial sectors such as food and beverage processing, water treatment, and agriculture.
Moreover, increasing governmental regulations that promote environmental safety have also boosted the usage of AAS in this region. Additionally, there are several key players operating in this sector like Solvay Chemicals Inc., AkzoNobel N.V., Arkema Group etc.
Aluminium Ammonium Sulphate (AAS) is a chemical compound that is used in various industries, particularly as a cleaning agent and water treatment chemical. Europe is one of the largest markets for AAS, owing to its strong presence in industrial applications as well as consumer products.
The European market provides several advantages to producers of AAS, such as high standards of product quality, stringent environmental regulations and easy access to raw materials. Additionally, the large population base and growing demand for eco-friendly products are also attractive factors for manufacturers operating within the region.
Furthermore, Europe’s highly developed infrastructure contributes to better transportation and distribution networks which help reduce production costs while enhancing efficiency and effectiveness.
The Asia Pacific aluminium ammonium sulphate market is emerging as an attractive and opportunistic arena for many investors. Growing demand for aluminium ammonium sulphate, in various applications such as dyeing and printing of textiles, water purification and paper production has led to a surge in investment activity in this region.
This product has unique properties that make it ideal for a variety of industrial applications across the world.
Asia Pacific countries like India, China and Japan are leading the way in terms of production and consumption of aluminium ammonium sulphate. The region's advantageous location, cost-effective labour costs and convenient transport links have enabled companies to develop their businesses without incurring significant overhead costs.
Additionally, these countries are experiencing large increases in their respective manufacturing sectors which further contribute towards driving up demand for aluminium ammonium sulphates.
Aluminium ammonium sulphate (AAS) is a common chemical compound used in the food and beverage industry as a preservative, flavouring agent, and texturizing agent. In recent years, this market has seen considerable growth in response to increasing consumer demand for healthier food options.
The rise of the food and beverage industry has been one of the major drivers of AAS market growth. Consumers have become increasingly health conscious and are demanding higher quality products which contain natural ingredients instead of artificial additives.
As a result, many companies have switched to using AAS as a preservative or flavouring agent due to its natural properties which can give foods an enhanced flavour without any negative health impacts. Additionally, AAS also acts as an emulsifier which helps with texture consistency in products such as mayonnaise or salad dressings.
The aluminium ammonium sulphate (AAS) market has been experiencing a steady growth in recent years, mainly driven by its increasing use across various applications. It is an important source of alumina and is widely used in water treatment, paper manufacturing, and fire retardants. With the growing demand for AAS, customers are asking which application category will experience maximum growth?
According to FMI, the water treatment sector will witness the maximum growth due to increased demand for potable water. Increasing population and rising awareness about safe drinking water are some of the key factors driving this segment’s growth.
In addition, stringent regulations on wastewater management in many countries are also pushing up demand for AAS-based products used in wastewater purification processes.
The competitive landscape of the aluminium ammonium sulphate market has been rapidly evolving, with companies from all over the world striving to gain a foothold in this lucrative industry.
This chemical compound is used as a coagulant and flocculating agent in the production of water treatment chemicals, papermaking and textiles. In recent years, its application in swimming pool treatment has further boosted demand for aluminium ammonium sulphate.
The market is highly fragmented due to the presence of numerous global and regional players. Major competitors include BASF SE, Evonik Industries AG, Solvay SA, GEO Specialty Chemicals Inc., Akzo Nobel NV, Sigma-Aldrich Co LLC and Brenntag AG among others. These companies focus on product innovation and capacity expansion to stay ahead of their rivals.
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Attribute | Details |
---|---|
Forecast period | 2023 to 2033 |
Historical data available for | 2018 to 2022 |
Market analysis | USD million in value |
Key regions covered | North America; Eastern Europe; Western Europe; Japan; South America; Asian pacific; Middle east and Africa |
Key countries covered | USA, Germany, France, Italy, Canada, United Kingdom, Spain, China, India, Australia |
Key segments covered | Product form type, Application, Distribution channel, Region |
Key companies profiled | Martin Midstream; Amresco Inc; GEO Specialty Chemicals Inc.; Domo Chemicals; GFS Chemicals; Sigma-Aldrich Corporation; Evonik Industries AG; General Chemicals; Honeywell; Akzo Nobel NV; Brenntag AG |
Report coverage | Market Forecast, Company Share Analysis, DROT Analysis, Market Dynamics, Competitive Landscape, Challenges, Strategic Growth Initiatives |
Customization and Pricing | Available upon request |
The Aluminium Ammonium Sulphate market size is assessed to USD 562.0 Million in 2023.
The Aluminium Ammonium Sulphate market is expected to rise at a CAGR of 3.60%.
USA, China, Canada, Germany, China, India, United Kingdom, Australia are the major countries driving demand for Aluminium Ammonium Sulphate market.
Market share of Germany in Aluminium Ammonium Sulphate market is about 29.10% of the global market.
Martin Midstream, Amresco Inc, GEO Specialty Chemicals Inc., Domo Chemicals, GFS Chemicals, Sigma-Aldrich Corporation are expected to be the top players driving the market growth.
The global Aluminium Ammonium Sulphate market is forecasted to surpass USD 800.5 Million by the end of 2033.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Form 6.2. Application 6.3. Distribution Channel 7. Global Market Analysis and Forecast, By Product Form 7.1. Powder 7.2. Granules 7.3. Liquid 8. Global Market Analysis and Forecast, By Application 8.1. Food & Beverages 8.2. Metal finishing 8.3. Detergents 8.4. Personal care 8.5. Fertilizers 8.6. Water treatment 9. Global Market Analysis and Forecast, By Distribution Channel 9.1. Online 9.2. Offline 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Asia Pacific 10.4. Eastern Europe 10.5. Western Europe 10.6. Japan 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 16. Japan Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Product Form, Application, and Distribution Channel for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Martin Midstream 19.2. Amresco Inc 19.3. GEO Specialty Chemicals Inc. 19.4. Domo Chemicals 19.5. GFS Chemicals 19.6. Sigma-Aldrich Corporation 19.7. Evonik Industries AG 19.8. General Chemicals 19.9. Honeywell 19.10. Akzo Nobel NV 19.11. Brenntag AG
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