Potassium Alum Market: Introduction
Potassium alum or potash alum is a chemical compound synthesized by the double sulfate with potassium and aluminium. Potassium alum is one of the most important member of the generic class of compounds called alums.
Potassium alum is obtained naturally through mining in the form of sulfate minerals such as alunite, which is purified to get potassium alum. From the industrial perspective, potassium alum is now produced by adding potassium sulfate to a concentrated solution of aluminium sulfate.
Potassium alum is widely used in water purification, dyeing, leather tanning, fireproof textiles, and baking powder as E number E522. Moreover, potassium alum also has cosmetic uses as a body deodorant, as an aftershave treatment like minor bleeding from shaving.
Moreover, potassium alum is also used as medicine primarily as an antiseptic and astringent. Potassium alum is mentioned in the Ayurveda with the name “Saurashtri” and “Phitkari”.
In the global market, potassium alum is trading in the form of powder and crystal as per end-use industries requirement. Potassium alum demand has substantially increased in the recent past owing to increase consumption across various industries for diverse applications.
However, in the year 2005, the US Food and Drug Administration was no longer recognized as a wetness reducer in the North America region. But still it is used and available in the several regions; primarily in the Asia Pacific
Potassium Alum Market: Dynamics
The global sales of the potassium alum is predominantly driven by the growing utilization across water & waste treatment and pharmaceutical & cosmetics industry. Potassium alum is still being extensively used in the purification of industrial process and drinking water as well as effluent treatment of lakes. Moreover, numerous applications associated with the potassium alum such as fire retardant, dyeing, baking powder, etc. are also attributing to enhance sales across the globe.
Nowadays, potassium alum is sold commercially for a deodorant crystal in the various regions. Moreover, another noteworthy stuff of the potassium alum that it acts as mordant which helps to enhance the observance of dye on a fabric of fibers. All such factors are likely to contribute to the robust growth of the potassium alum market in the upcoming years.
Although, several risks and cautions associated with potassium alum such as it can cause irritate in skin and mucous membranes when it will be used in the excessive amount for industrial applications. Hence lack of label warning by the vendors may be hampering the demand for potassium alum derivatives in the coming years.
Potassium Alum Market: Regional outlook
Geographically, the Asia Pacific potassium alum market is estimated to account for dominating share and register noteworthy growth in the upcoming years. Various government initiatives and investing the hefty amount to build water and wastewater treatment plant to reuse industrial process water as well as provide clean and safe drinking water to inhabitants are act as a key driven factor for potassium alum market growth.
North America’s potassium alum market followed by Europe are projected to register healthy growth in the upcoming years. Growing utilization of potassium alum as an antiseptic in the pharmaceutical industry and mordant in the dyeing industry remain to crucial factors for market growth in the near future.
The Middle East & Africa and Latin America potassium alum market are anticipated to expand at a significant growth rate in the coming years, owing to increasing demand for water purification.
Potassium Alum Market: Market participants
Some of the key market participants identified in the potassium alum market are as follows:
- Merck KGaA
- Holland Company Inc.
- Baslini SpA
- Thermo Fisher Scientific
- Nanjing jiayi sunway chemical co., ltd.
- Amar Narain Industries
The research report presents a comprehensive assessment of the potassium alum market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaustive analysis on:
- Potassium Alum Market Segments
- Potassium Alum Market Dynamics
- Potassium Alum Market Size
- Potassium Alum Supply & Demand
- Potassium Alum Current Trends/Issues/Challenges
- Potassium Alum Competition & Companies involved
- Potassium Alum Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Potassium Alum Market: Segmentation
Global potassium alum market can be segmented on the basis of source, form, application, and region.
- Crystal Foam
- Powder Foam
- Leather Tanning
- Water Purification
- Food Process
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