Monday 26 July 2021

Alunite Market Strategies, Competitive Landscape, Trends & Factor Analysis 2027

According to a recently published report by Research Nester on “Global Alunite Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global alunite market in terms of market segmentation by end user industry, by product type and by region.

Alunite or Alum Stone is accessible in abundance in rock-forming sulfate mineral that take up spaces or layers in volcanic rocks such as rhyolites, trachytes, and andesites, where it is composed gradually through a chemical reaction with escaping sulfurous vapor from molten lava. It is found in varying colors including yellow, red, reddish brown and others. It was used as a source of potash (during World War I) and as a source of alumina (during World War II) for various applications. It is used extensively to make potash alum, which is used for treatment of water, aftershave treatment and has little known kitchen use. Owing to these factors, the global alunite market is anticipated to record a CAGR of 4.15% over the forecast period i.e. 2019-2027.

Furthermore, Alum has different household and industrial applications too, in day-to-daypurposes such as purification of drinking water has been possible with the use of potassium alum. In many places, potassium alum is preferred to treat water instead of water purifiers and filters.

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In pharmaceuticals, alunite derivatives have a significant role in developing a chemical named flocculation, which is used in the manufacturing of styptic pencil.

Based on regional analysis, the market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.Asia Pacific is expected to lead the global alunite market on the back of increasing industrializationin the field of pharmaceuticals and derivatives have an extensive use for water treatment in these regions. Further, Europe is anticipated to show significant growth on the back of growing consumption of personal care products in the region.

Wide Application across Industries- In FMCG and consumable items, alunite is used in the manufacturing of deodorants, and as a pickling agent to help keep pickles crisp. The property of alunite has also made it an essential raw material in the manufacturing of fire-retardant. In cosmetic business, alunite has found its involvement as an ingredient in production of depilatory waxes, skin bleaching agent and as an ingredient in some brands of dentifrice.

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About Research Nester

Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

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