The global Alunite market was valued at US$ 26480 million in 2020 and it is expected to reach US$ 91040 million by the end of 2027, growing at a CAGR of 18.8% during 2021-2027.
Alunite is available widespread in rock-forming sulfate mineral that occupies pockets or seams in volcanic rocks such as rhyolites, trachytes, and andesites, where it is formed gradually through a chemical reaction with escaping sulfurous vapor from molten lava. The uses of Alunite has been for a long time. It was used as a source of potash (during World War I) and as a source of alumina (during World War II) to be utilized for various purposes. In Europe, it was used extensively to make potash alum, which is use for treatment of water, aftershave treatment and has little kitchen use. For these purposes, it has been mined since the 15th century. Its derivatives have an extensive use in various industries, which makes alunite a lucrative market, and over the forecast period, it will exhibit a substantial market share.
Alum has several household and industrial uses. Researchers have been able to introduce the derivatives of alum for various purposes. Potassium alum one of the derivatives of alunite is use in various purposes. In day-to-day life purposes such as purification of drinking water has been possible with the use of potassium alum from a very long time. In many places even now potassium alum is preferred to treat water instead of water purifiers and filters. In pharmaceuticals, alunite derivatives have a significant in developing a chemical named flocculation, which is used in the manufacturing of styptic pencil. This pencil can stop bleeding when applied to minor cuts; alunite is also used in making adjuvant for the vaccine ( a chemical that enhances the immune response). In FMCG and consumable items, alunite is use as a key ingredient in the manufacturing of deodorant, and as a pickling agent to help keep pickles crisp. The property of alunite has also made it essential raw material in the manufacturing of flame retardant. In cosmetic industry, alunite has found its involvement as an ingredient in the manufacturing of some depilatory (hair removal) waxes, skin whitener and as an ingredient in some brands of toothpaste. Owing to its versatile usage and no breakthrough in inventing something, which can replace alunite, the demand of alunite is expected to grow from a wide range of industries where it has it uses will drive the alunite market.
Global Alunite Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Alunite Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Sunminerals, Pacer Corporation, Imerys Ceramics, Alunite Pretoria, Baslini, Det-Al Aluminium, Lincoln and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-alunite-market-outlook
Segment by Type
- Potassium Alunite
Segment by Application
- Chemical & Material
Table of Content:
1 Alunite Market Overview
2 Alunite Market Competition by Manufacturers
3 Alunite Retrospective Market Scenario by Region
4 Global Alunite Historic Market Analysis by Type
5 Global Alunite Historic Market Analysis by Application
6 Key Companies Profiled
7 Alunite Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Alunite Market Dynamics
10 Global Alunite Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.