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Aluminum Sulfate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A23662
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Aluminum Sulfate Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Aluminum Sulfate | Chemical | USA | 1904 USD/MT |
The price of aluminum sulfate in the United States for Q4 2023 reached 1904 USD/MT in December.
Aluminum Sulfate Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Aluminum Sulfate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of aluminum sulfate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of aluminum sulfate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of aluminum sulfate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing aluminum sulfate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Aluminum Sulfate Market Analysis
The global aluminum sulfate market size reached US$ 977.60 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 1320.83 Million, at a projected CAGR of 3.40% during 2023-2032.
- The global market is witnessing significant growth driven by the increasing demand for clean water and stringent regulations regarding water treatment. Aluminum sulfate is extensively used in water purification processes, particularly in municipal water treatment plants, as a coagulant to remove impurities and contaminants.
- Besides this, the expanding paper and pulp industry, particularly in emerging economies, is boosting the demand for aluminum sulfate. As a key component in the paper manufacturing process, aluminum sulfate is utilized to adjust pH levels and enhance paper quality.
- The growing textile industry, especially in regions like Asia-Pacific, where aluminum sulfate serves as a mordant in textile dyeing and printing processes, aiding in color fixation and improving colorfastness is contributing to the market growth.
- Additionally, the agricultural sector is a significant market driver as aluminum sulfate is used to adjust soil pH, particularly in acidifying soils for specific crops like blueberries and azaleas.
- In line with this, the rising awareness regarding environmental pollution and the need for sustainable solutions are propelling the product demand in wastewater treatment processes. Its effectiveness in reducing phosphorus levels and controlling algal blooms in water bodies contributes to its growing demand.
- Moreover, the increasing urbanization and industrialization, particularly in developing countries, are fueling the demand for aluminum sulfate in various industrial applications, including pharmaceuticals, cosmetics, and food processing.
- In confluence with this, the growing population and urban infrastructure development are creating a higher demand for aluminum sulfate in construction-related applications, such as concrete production and soil stabilization, thereby aiding in market expansion.
- Ongoing technological advancements in aluminum sulfate production processes, leading to improved efficiency and cost-effectiveness, are providing an impetus to the market growth.
- Furthermore, the rising disposable income levels and changing consumer preferences towards hygiene and personal care products spurring the demand for aluminum sulfate in the manufacturing of antiperspirants and deodorants are presenting lucrative opportunities for market expansion.
- Apart from this, strategic initiatives such as mergers, acquisitions, and partnerships by key market players to expand their market presence and enhance product offerings are bolstering the market growth by strengthening distribution networks and increasing market penetration.
Aluminum Sulfate News
The report covers the latest developments, updates, and trends impacting the global aluminum sulfate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in aluminum sulfate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the aluminum sulfate price trend.
Latest developments in the aluminum sulfate industry:
- In June 2024, Hawkins, Inc. acquired the assets of Intercoastal Trading, Inc. and its affiliated companies, which distribute water treatment chemicals and equipment in Maryland, Delaware, and Virginia. The acquisition will accelerate Hawkins' expansion in the heavily populated East Coast, with its location within 200 miles of major population centers.
- In November 2023, the Kebbi State Government spent N179 million on acquiring water treatment chemicals to improve water supply in Birnin Kebbi, Argungu, Yauri, and Zuru local government areas. The procurement included 220 tonnes of aluminum sulfate, 110 tonnes of lime, and small chlorine drums.
Product Description
Aluminum sulfate is a white crystalline solid with the chemical formula Al₂(SO₄)₃. It is often found in a hydrated form. It is an inorganic compound whose composition includes aluminum, sulfur, and oxygen. The high solubility of aluminum sulfate in water has made it very versatile; hence, it serves very many industrial and municipal uses.
One of the most common applications of aluminum sulfate is in the purification of water. In purifying water in municipal treatment plants, it is used as a coagulant that promotes the elimination of impurities in that manner when it forces the small particles to combine into larger particles, forming flocs.
Aluminum sulfate is also employed in the paper manufacturing industry, where it controls the pH of the pulp and acts as an impurity that makes the paper stronger and whiter. It is also used in the textile industries where it is applied to the fabrics for the purpose of dyeing or printing. In this case, aluminum sulfate acts as a mordant, thus enabling the dyes to be held with the fibers.
Regional Coverage
The report provides a detailed analysis of the aluminum sulfate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the aluminum sulfate price trend.
Global Aluminum Sulfate Price
The report offers a holistic view of the global aluminum sulfate pricing trends in the form of aluminum sulfate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of aluminum sulfate but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed aluminum sulfate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Aluminum Sulfate Price
European aluminum sulfate prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed aluminum sulfate price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Aluminum Sulfate Price
The analysis of aluminum sulfate prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific aluminum sulfate historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Aluminum Sulfate Price
The report explores the aluminum sulfate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on aluminum sulfate prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Aluminum Sulfate Price
The aluminum sulfate pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This aluminum sulfate price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Aluminum Sulfate Price
The analysis of aluminum sulfate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Aluminum Sulfate |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Aluminum Sulfate Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of aluminum sulfate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting aluminum sulfate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The aluminum sulfate price charts ensure our clients remain at the forefront of the industry.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
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