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ALBANY, N.Y. , March 25, 2022 /PRNewswire/ -- Widespread use of aluminum potassium sulfate as a flocculant or coagulant in the purification of drinking water and wastewater treatment are generating massive revenue potential, finds an in-depth TMR study on the aluminum potassium sulfate market. Growing demand for alum in range of cosmetic applications is a key driver for lucrative opportunities. The global valuation of the aluminum potassium sulfate market to surpass US$ 70 Mn by 2030.

Widespread use of aluminum potassium sulfate as a safe food additive has underpinned the vast commercialization avenue. The GMP Good Manufacturing Practice (GMP) by the U.S. FDA has considered it as generally recognized as safe (GRAS), spurring its use in food processing over the years. Other prominent agencies have also accepted the use of the compound as a food additive. A case in point is EC Commission Regulation, thereby promoting its utilization. Extensive use of food-grade product in pickling, baked goods, and cheese are spurring the sales revenues in the aluminum potassium sulfate.

Chemical companies in the aluminum potassium sulfate market have gained from the application of aluminum adjuvant formulations in traditional vaccine approaches. They have also proved to be promising for COVID-19 vaccines.

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Key Findings of Aluminum Potassium Sulfate Market Study

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Aluminum potassium sulfate has proved to be promising for oral microbiota. The focus on improving oral health has spurred the adoption of alum as an inexpensive product. Thus, use of alum in periodontology is expected to unlock new market prospect.

Aluminum Potassium Sulfate Market: Key Drivers

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Aluminum Potassium Sulfate Market: Regional Growth Dynamics

Asia Pacific held a sizable share of the aluminum potassium sulfate market and is anticipated to retain its lead through the forecast period. More than 60% share comes from China alone.

Opportunities in India are estimated to rise rapidly during the forecast period. End-use industries benefit from the antimicrobial properties of alum in various formulations of the products, notably for cosmetic and pharmaceutical applications.

Aluminum Potassium Sulfate Market: Key Players

Some of the key players in the aluminum potassium sulfate market are Powder Pack Chem, Anmol Chemicals, Central Drug House, Vishnupriya Chemical Pvt. Ltd., Baslini S.p.A., and Imperial Chem Incorporation.

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Global Aluminum Potassium Sulfate Market: Segmentation

Aluminum Potassium Sulfate Market, by Form

Aluminum Potassium Sulfate Market, by Application

Aluminum Potassium Sulfate Market, by Region

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