Extensive application of aluminum sulphate in the industry verticals of paper and pulp along with food & beverages are some of the major factors that are driving the growth of the aluminum sulphate market through the forecast period of 2018 to 2026. Revenues that arise from the aluminum sulphate market are expected to grow at a modest CAGR of 3% through 2026. These insights have been extracted from the report titled "Global Market Study on Aluminum Sulfate: Usage for Water Treatment Application to Generate Significant Market Opportunity in the Near Future" that was recently included in the vast repository of the Market Research Reports Search Engine (MRRSE).
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Constantly rising demand for fresh water, and limited and uneven distribution of fresh water worldwide are expected to push up the demand of aluminum sulphate. This can be largely attributed to its application in water treatment chemicals. Its extensive application an ever-growing pharmaceutical industry is also expected to boost aluminum sulphate market growth.
China is expected to witness a high rate of growth in the aluminum sulphate market. North America and Europe are also expected to control major market share. Some of the key players in the aluminum sulphate market are Chemtrade Logistics Inc., Drury Industries Ltd., Nippon Light Metal, GEO specialty chemicals, Nankai Chemical Co. Ltd.
Aluminum Sulphate Market: Report Overview
This report provides readers an analysis & forecast at global and regional levels on aluminum sulphate, in terms of value (US$ Mn), for the period of forecast 2018 to 2026. An assessment of vital market dynamics, and drivers, opportunities, trends and constraints that are influencing the demand for aluminum sulphate have been examined in the report.
A comprehensive analysis on the aluminum sulphate market has been given in the report, and its use helps in gaining a better understanding of the situation among key market players. A complete market attractiveness analysis has also been incorporated to assess the market participants based on factors such as market size, general attractiveness, and growth rate.
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Aluminum Sulphate Market: Research Methodology
Primary and secondary research has been extensively used to gain reliable and relevant information on the aluminum sulphate market. The research efforts include detailed face-to-face and telephonic discussions with a number of industry experts and opinion leaders to achieve enhanced insight into factors such as market size, market trends, growth rates and the competitive scenario among key market players. Primary research forms the bulk of the efforts in research, which has been validated with extensive secondary research.
Leading and emerging market players for aluminum sulphate have been scrutinized in detail, and data sources such as press releases, SEC filings, investor presentations and annual reports along with other relevant documents such as market reports and government publications have been assessed for studying all aspects of the market’s landscape. The research approach and methodologies employed here have been found to be very effective in gaining actionable insights on the market data, market participant activity and previously untapped business opportunities.
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Global Aluminum Sulphate Market: Industry Development Scenario and Forecast to 2026
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