Product Code: ETC200796 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Potassium alum, also known as potash alum, is an inorganic compound with the chemical formula KAl(SO4)2?12H2O. It is a white crystalline powder that finds its uses in various industries such as food processing, printing and dyeing, paper making and water treatment. India has been one of the major producers of potassium alum since ancient times due to its abundant reserves of natural minerals like potash feldspar. In recent years, rising demand from ceramic industry for potassium alum has been driving growth in India Potassium Alum market.
The key drivers behind growth in India Potassium Alum Market include increasing use of aluminum sulfate across various industries, growing demand from ceramic industry for potassium alum and rising export opportunities to countries like Bangladesh which have lack of access to raw material sources necessary for producing aluminum sulfates on their own. Further aiding market growth are government initiatives towards promoting sustainable development in industrial sectors by encouraging usage of eco-friendly products such as potassium alums made from non-toxic substances or alloys instead of traditional chemicals. This encourages manufacturers to adopt new technologies that will reduce environmental pollution during production process while at same time improving cost efficiency leading to better profitability margins overall. Additionally factors such as introduction advanced purification techniques used during production process coupled with favorable policies implemented by India government favoring adoption green energy resources would further provide impetus over coming years ahead.
Despite several positives associated with this market there exists certain challenges that might impede its potential progress going forward; some such challenges include stringent regulations imposed on manufacturers related release hazardous emissions into environment along implementation high quality standards required while manufacturing these compounds make it difficult task currently available technology can handle without compromising upon cost effectiveness thus resulting lower profit margins restrict investments needed keep up pace innovations required move forward technologically. Moreover availability raw materials necessary produce good quality product limited thereby limiting scale operations causing prices remain higher compared international counterparts thereby hampering competitiveness global markets open up more opportunities import/export activities region adversely impacting domestic players present scenario.. Additionally volatile nature pricing involved well unstable economic conditions prevailing hinders ease doing business current situation may act deterrent prospective investors looking invest this sector future prospects uncertain given present circumstances Covid-19 pandemic expected continue significantly affect operations near term basis until normalcy returns post crisis period ends.
Key players operating in India Potassium Alum Market include: Khandelwal Industries Pvt Ltd., Krishna Minerals Corporation Private Limited (KMCPL), Industrial Mineral Company (IMC), Gujarat Narmada Valley Fertilizers Co. Ltd., Bauxite Mining Corporation Private Limited (BMCPL), Shivam Chemicals Udyog LLP, Suryavanshi Pigments Pvt Ltd.(SPL), India Abrasives Maunfacturing Company (IAMC) , Shreeji Chemical Corporation and Premier Magnesia LLP among others.
The India Potassium Alum market has been severely impacted by the Covid-19 pandemic due to the sudden disruption in its supply chain, which has resulted in a significant drop in demand and prices. The closure of mines due to lockdown restrictions have caused raw material shortages, thus adversely affecting production activities as well as exports. This has also led to an increase in imports from other countries at higher rates. Additionally, with restricted transportation costs rising and logistics being hampered, companies are facing difficulties in reaching their customer base.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Potassium Alum Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Potassium Alum Market Revenues & Volume, 2021 & 2031F |
3.3 India Potassium Alum Market - Industry Life Cycle |
3.4 India Potassium Alum Market - Porter's Five Forces |
3.5 India Potassium Alum Market Revenues & Volume Share, By By Source, 2021 & 2031F |
3.6 India Potassium Alum Market Revenues & Volume Share, By By Form, 2021 & 2031F |
3.7 India Potassium Alum Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 India Potassium Alum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Potassium Alum Market Trends |
6 India Potassium Alum Market, By Types |
6.1 India Potassium Alum Market, By By Source |
6.1.1 Overview and Analysis |
6.1.2 India Potassium Alum Market Revenues & Volume, By By Source, 2021-2031F |
6.1.3 India Potassium Alum Market Revenues & Volume, By Natural, 2021-2031F |
6.1.4 India Potassium Alum Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 India Potassium Alum Market, By By Form |
6.2.1 Overview and Analysis |
6.2.2 India Potassium Alum Market Revenues & Volume, By Crystal Foam, 2021-2031F |
6.2.3 India Potassium Alum Market Revenues & Volume, By Powder Foam, 2021-2031F |
6.3 India Potassium Alum Market, By By Application |
6.3.1 Overview and Analysis |
6.3.2 India Potassium Alum Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.3.3 India Potassium Alum Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 India Potassium Alum Market Revenues & Volume, By Dyeing, 2021-2031F |
6.3.5 India Potassium Alum Market Revenues & Volume, By Leather Tanning, 2021-2031F |
6.3.6 India Potassium Alum Market Revenues & Volume, By Water Purification, 2021-2031F |
6.3.7 India Potassium Alum Market Revenues & Volume, By Food Process, 2021-2031F |
7 India Potassium Alum Market Import-Export Trade Statistics |
7.1 India Potassium Alum Market Export to Major Countries |
7.2 India Potassium Alum Market Imports from Major Countries |
8 India Potassium Alum Market Key Performance Indicators |
9 India Potassium Alum Market - Opportunity Assessment |
9.1 India Potassium Alum Market Opportunity Assessment, By By Source, 2021 & 2031F |
9.2 India Potassium Alum Market Opportunity Assessment, By By Form, 2021 & 2031F |
9.3 India Potassium Alum Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 India Potassium Alum Market - Competitive Landscape |
10.1 India Potassium Alum Market Revenue Share, By Companies, 2024 |
10.2 India Potassium Alum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |