India Aluminium Sulphate Market (2024-2030) Outlook | Value, Industry, Revenue, Size, Forecast, Trends, Growth, Analysis, Share & Companies

India Aluminium Sulphate Market Synopsis

Aluminium Sulphate is an inorganic compound with the chemical formula Al2 (SO4)3. It is a white crystalline solid, which can be manufactured synthetically from bauxite or other ores containing aluminium oxide. Aluminium sulphate is used as a flocculant, coagulant and acidity regulator for water treatment, in paper production as well as for leather tanning and dyeing industry. India has emerged as one of the leading producers of aluminium sulphate over the past few years due to favourable government policies and growing demand from downstream industries such as textiles, pharmaceuticals etc.

Market Drivers

The major growth drivers for the Aluminium Sulphate market in India are increasing use of this product by water treatment plants across urban cities due to a rise in population coupled with increased levels of industrialisation along with growth in the paper & pulp industry on account of rising consumption rate among the domestic consumers have fuelled the demand for this product. Moreover, various government initiatives towards water management projects have also encouraged manufacturers to boost their production capacity thereby driving further growth prospects for the India Aluminium Sulphate market during the forecast period.

Challenges of the Market

However, despite its wide application base, there are certain factors that hinder the market???s potential such as increasing costs associated with raw materials like Bauxite ore resulting in a limited margin pool at the manufacturer level restricting competition within the industry structure while the availability of substitutes such as ferric chloride poses a significant threat to sales volume expansion planned by existing players. Furthermore, the hazardous nature associated with usage may hamper the long-term acceptance rate among end users thus limiting overall sales revenue potential going forward through the 2021-2026F timeframe followed by Covid???19 pandemic outbreak impacting manufacturing operations worldwide and creating supply chain disruptions further adding up woes related to cost pressures which will act against profitability metrics over near future outlook phase.

Key Players in the Market

The key players operating in India Aluminum Sulphate Market include Ecolab Inc., BASF SE , Albemarle Corporation , KEMIRA OYJ , Solvay SA , Shandong Taibang Fertilizer Co Ltd. Other companies include Zibo Dianzi Chemical Industry Co Ltd., Qingdao Hengjiu Group Co Ltd.

COVID-19 impact on the market

The aluminium sulphate market in India is expected to experience a decline due to the Covid-19 pandemic. The outbreak of the virus has led to disruptions in production and supply chains, resulting in less availability of raw materials for manufacturing aluminium sulphate. Furthermore, the lockdown measures imposed by the government have also resulted in reduced sales from end-use industries such as water treatment, food & beverage processing, paper making, etc., resulting in decreased demand for aluminium sulphate. In addition to this, several companies are facing financial constraints due to decreased investments and liquidity crunch caused by the pandemic which will further impact their capacity expansion plans leading to sluggish growth of the India aluminium sulphate market over the period.

Key Highlights of the Report:

• India Aluminium Sulphate Market Outlook
• Market Size of India Aluminium Sulphate Market, 2023
• Forecast of India Aluminium Sulphate Market, 2030
• Historical Data and Forecast of India Aluminium Sulphate Revenues & Volume for the Period 2020-2030
• India Aluminium Sulphate Market Trend Evolution
• India Aluminium Sulphate Market Drivers and Challenges
• India Aluminium Sulphate Price Trends
• India Aluminium Sulphate Porter's Five Forces
• India Aluminium Sulphate Industry Life Cycle
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By By Applications for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By Food and beverages industry for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By Health care industry for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By Water purification and water treatment plants for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By Pepper industry for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By By Functionality for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By As an additive for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By As BOD and COD removal for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By Colour removal for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By Cell separation for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By By Product Form for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By Liquid for the Period 2020-2030
• Historical Data and Forecast of India Aluminium Sulphate Market Revenues & Volume By Solid for the Period 2020-2030
• India Aluminium Sulphate Import Export Trade Statistics
• Market Opportunity Assessment By By Applications
• Market Opportunity Assessment By By Functionality
• Market Opportunity Assessment By By Product Form
• India Aluminium Sulphate Top Companies Market Share
• India Aluminium Sulphate Competitive Benchmarking By Technical and Operational Parameters
• India Aluminium Sulphate Company Profiles
• India Aluminium Sulphate Key Strategic Recommendations