Alunite Market Analysis :
Alunite, also known as hydroxylated aluminum potassium sulfate mineral, is mined to manufacture alum. It is formed from the actin of sulfuric acids upon potassium-rich feldspars, and this process is known as alunitization. Alunite is a major source of potash and alumina that is used for various applications, such as water treatment and pharmaceutical.
The alunite market has a diverse segmentation based on various characteristics. By product type, it is segmented into natroalunite and potassium alunite. FMCG and cosmetics segmentations are the major end users of the alunite market.
COVID-19 impact analysis
- Partial or complete shutdown of production activities in chemical and FMCG industry is expected to hamper the alunite market growth.
- Temporary downfall in the demand for cosmetics coupled with the suspension of manufacturing activities is expected to hamper the growth of the forecast period.
- In addition, insufficiency in raw material supply will further hamper the production rate, thus affecting the market growth.
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
The major drivers of the alunite industry are the needs of the products in households and industrial uses. The derivatives of the alum have been introduced, which significantly contributes toward the growth of the global market. For instance, potassium alum is one the derivatives, which is used in day to day purposes. The key characteristics of the alunite made it an essential item in making of styptic pencil and perfumes. The gained momentum of production of alunite in Japan is driving the market. Furthermore, countries such as China, India, and South Korea are the key contributors to the alunite market growth.
Key benefits of the report
- This study presents the analytical depiction of the global alunite market along with the current trends and market estimation to determine the imminent investment pockets.
- The report represents information related to key drivers, restraints, and opportunities along with detailed analysis of the market.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- The report provides a detailed market analysis depending on competitive and how the competition will take shape in coming years.
- This reports helps users in comprehending the key product segments and their future.
Questions answered in the global alunite market research report:
- Which are the leading market players active in the global alunite market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What should be the response of the market players amid the COVID-19 pandemic?
- What are the projections for the future that would help in taking further strategic steps?
- What is the outlook of the industry?
- What are the emerging key segments in the alunite market?
- What are the major changes and assessments in market dynamics?
Alunite Market Report Highlights
By End User
Key Market Players
Det-Al Aluminum, Baslini, Alunitepretoria, Lincoln, Pacer Corporation, Sunminerals