The North America aluminum sulfate market is estimated to be valued at US$ 187.2 Mn in 2022. Consumption of aluminum sulfate in North America is projected to increase at 2.9% CAGR and be valued at around US$ 249 Mn by 2032-end. Rising demand for water and wastewater treatment is the main factor driving aluminum sulfate demand in North America.
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Starting with the overview of North America Aluminum Sulfate Market, it presents an overall analysis of the latest trends that are prevalent in the industry. The report begins with the description of the market surroundings and the analysis of the size and forecast of product or service based on regions and applications. In addition to it, the report also introduces the market competitive landscape among the vendors and manufacturers that contribute to the growth of the product or service. The company profiling and market price analysis in relation to the value chain features is also covered in the report. The data experts have examined and scrutinized the industry trends in the key regions. 2022 has been considered as the base year, with the forecast period extending to 2032.
Drivers and risks
In relation to the fundamental stimulants that mold North America Aluminum Sulfate Market, an understanding has been provided about the pricing history, volume, value and market share of the product or service. A multitude of potential growth factors, risks, opportunities, constraints, and the threat by new entrants is also mentioned in the report. These dynamics help to get a stronghold of the overall market.
The water treatment sector is a prominent consumer of aluminum sulfate as a coagulant. Enormous water being treated along with higher rate of treatment through the coagulations process has resulted in demand growth of aluminum sulfate.
Demand for aluminum sulfate is also been fueled by significant production volume of paper and pulp, as aluminum sulfate is used in the production of paper. Furthermore, growing demand for personal care and cosmetics products, followed by pharmaceutical products, is expected drive demand for aluminum sulfate over the coming years.
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- Chemtrade Logistics Inc.
- GAC Chemical Corporation
- Affinity Chemical LLC
- GEO Specialty Chemicals, Inc.
- Noah Chemicals
- Chemical Store Inc.
- The Chemical Company
- Alfa Chemistry
- Cole Chemical
- Penta International Corp
- Miles Chemical Company Inc.
- Sigma Aldrich
Key Takeaways from Market Study
- U.S demand for aluminum sulfate is forecasted to reach a value of US$ 199.5 Mn by the end of 2032.
- West U.S. is anticipated to remain one of the key markets accounting for around 42% market share in 2022.
- By application, the pulp & paper segment is anticipated to witness a CAGR of 2.6% over the decade.
- By application, the water treatment segment is anticipated to remain a key segment and account for 40% market share in the North America aluminum sulfate market in 2022.
“Increasing cognizance toward wastewater treatment & water purification has increased aluminum sulfate usage, as it is inexpensive and effective,” says a Persistence Market Research analyst.
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Key Questions Answered in This Report –
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