Global
Aluminium Potassium Sulphate Market: Overview
Aluminium
potassium sulphate is imperative chemical compound. Commercially,
aluminium potassium sulphate is also known as potassium aluminium
sulphate, potash alum, alum flour, alum meal. Aluminium potassium
sulphate can be naturally obtained from mining and purification
process of kalinite and alunite minerals. However, aluminium
potassium sulphate can also be derived from chemical process through
a method known as hydrometallurgy. This process involves extraction
of alumina form bauxite through leaching process which can react with
potassium sulphate to form aluminium potassium sulphate. Another
method to obtain aluminium potassium sulphate, is by adding potassium
sulphate to aluminium sulphate resulting in potash alum. Aluminium
potassium sulphate commonly available in form of dodecahydrate, in
which each molecule of the compound is linked with twelve molecules
of water. Aluminium potassium sulphate is extensively used across
various industries such as pharmaceutical, agriculture and chemical
among others due to its versatile characteristics.
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Global
Aluminium Potassium Sulphate Market: Drivers and Restraints
Aluminium
potassium sulphate finds extensive industrial application which is
primarily driving its market growth. Aluminium potassium sulphate has
a peculiar property of astringency, meaning by it has ability to
constrict the body tissues and retracts the blood flow. Owing to this
property, aluminium potassium sulphate is used in pharmaceutical,
food & beverage and cosmetic industries. Thereby, propelling the
growth of aluminium potassium sulphate market. Another significant
property of Aluminium potassium sulphate is that it acts as mordant
which helps in the permanent adherence of dye to a fabric or fibres.
Hence, finds explorative application in paper and chemical industry.
In addition to these application, aluminium potassium sulphate is
used in the water purification process and also acts as catalyst in
various other chemical reactions. Moreover, aluminium potassium
sulphate can also be used as fertiliser as it helps to enrich the
potassium content in the soil. Therefore, broad spectrum of
applicability and versatility is contributing to the substantial
growth of aluminium potassium sulphate market during the forecast
period.
Although,
aluminium potassium sulphate also accounts for various industrial
application but it may also results in certain side effects such as
it can cause irritation in skin and mucous membrane, long term
inhalation of aluminium potassium sulphate can also cause lung
damage. Moreover, excessive intake of aluminium potassium sulphate in
the diet may have a serious effect on the nervous system which may
lead to Alzheimer’s disease. Hence, lack of label warnings by the
manufactures may restrain the demand for aluminium potassium sulphate
derived products.
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Global
Aluminium Potassium Sulphate Market: Segmentation
On
the basis of end use industry, global aluminium potassium sulphate
market is segmented into:-
- Pharmaceutical
- Agriculture
- Food & Beverage
- Personal care
- Textile
- Paper
- Chemical
- Others
On
the basis of application, global aluminium potassium sulphate market
is segmented into:-
- Food additive
- Astringent
- Mordant
- Hardening agent
- Others
On
the basis of source, global aluminium potassium sulphate market is
segmented into:-
- Natural
- Commercial
Global
Aluminium Potassium Sulphate Market: Region wise Outlook
The
global aluminium potassium sulphate market is categorised into seven
regions, namely, Western Europe, Eastern Europe Middle East and
Africa (MEA), Asia Pacific excluding Japan (APEJ), Japan Latin
America and, North America. North America is expected to hold the
major share in the global aluminium potassium sulphate market. As
North America represents a mature market with major industrial base,
hence, potentiating the growth of aluminium potassium sulphate.
Europe shows a variable growth trend, due to the presence of
stringent regulatory framework, the side effects caused by aluminium
potassium sulphate may restrain growth prospects in Europe. Asia
Pacific region represents an opportunistic market for substantial
growth of aluminium potassium sulphate. Easy trade flow, enriched
investment opportunities and shift in the consumer behaviour pattern
towards explorative products may contribute to increase usage of
aluminium potassium sulphate in manufacturing of various products
across different sectors. Hence, spurring the growth of aluminium
potassium sulphate.
Global
Aluminium Potassium Sulphate Market: Key Players
Some
of the prominent players identified in the global aluminium potassium
sulphate market includes: Sigma-Aldrich Co. LLC, Merck KGaA, Holland
Company, Inc., Thermo Fisher Scientific, Baslini SpA, Nanjing Jiayi
Sunway Chemical Co. Ltd. Among others
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