DUBLIN--(BUSINESS WIRE)--The "Aluminum Sulfate - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to this 6th edition of this report. The 283-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Aluminum Sulfate Market to Reach US$940.4 Million by the Year 2027
Amid the COVID-19 crisis, the global market for Aluminum Sulfate estimated at US$834.7 Million in the year 2020, is projected to reach a revised size of US$940.4 Million by 2027, growing at a CAGR of 1.7% over the period 2020-2027.
Ferric Alum, one of the segments analyzed in the report, is projected to grow at a 1.6% CAGR to reach US$661.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Ferric Alum segment is readjusted to a revised 2.1% CAGR for the next 7-year period. This segment currently accounts for a 28.9% share of the global Aluminum Sulfate market.
The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 3.4% CAGR for the Period of 2020-2027
The Aluminum Sulfate market in the U.S. is estimated at US$226.1 Million in the year 2020. The country currently accounts for a 27.09% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$179.8 Million in the year 2027 trailing a CAGR of 3.3% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.2% and 1.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.6% CAGR while Rest of European market (as defined in the study) will reach US$179.8 Million by the year 2027.
Competitors identified in this market include, among others:
- Affinity Chemical
- C&S Chemicals, Inc.
- Chemtrade Logistics
- Drury Industries Ltd.
- Feralco AB
- GAC Chemical Corporation
- GEO Specialty Chemicals, Inc.
- Kemira Oyj
- Nankai Chemical Co. Ltd.
- Nippon Light Metal Co. Ltd.
- USALCO, LLC
Total Companies Profiled: 43
For more information about this report visit https://www.researchandmarkets.com/r/kmog0u