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Global Aluminum Sulfide Market to experience hike in growth by 2024

06-21-2017 01:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: zion market research

Global Aluminum Sulfide Market to experience hike in growth

Aluminum Sulfide is a chemical compound, which exists in various forms with formula Al2S3. It is colorless in nature and on hydrolysis produce hydrogen sulfide (H2S). When exposed to moisture, aluminum sulfide hydrolyzes to hydrated aluminum hydroxides or oxides. It is mainly used as a flocculating agent in the purification of drinking water and waste water treatment plants. It is also used in paper manufacturing, sanitation and tanning. Aluminum sulfide is also used as a general-purpose food additive.

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Increasing use in the paper and pulp industry and as a water treatment chemical are major factors driving the aluminum sulfide market. Increasing demand for clean water across the world and use of water treatment chemicals is expected to grow at the rapid pace in the years to come. Additionally, requirement for high quality chemicals used in the paper manufacturing is also projected to increase the demand for aluminum sulfide in the forecast period. However, volatility prices of raw material, certain environmental regulations and concern against the use of aluminum sulfide could act as restraints for the global aluminum sulfide market.

The report includes detailed competitive landscape of the global aluminum sulfide market and an analysis of Porter’s five forces model for the aluminum sulfide market has also been included. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the aluminum sulfide market based on application and region segment. Key application market for aluminum sulfide includes oil and gas, food and beverage, water treatment, paper and pulp, and others. Growing demand for aluminum sulfide from water treatment and paper and pulp industries is anticipated to fuel the market during the next few years.

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Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This segmentation includes demand for aluminum sulfide based on individual applications in all the regions.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Arkema SA, Buckman Laboratories, and BASF AG.

Browse detail report @ https://www.zionmarketresearch.com/report/aluminum-sulfide-market

Aluminum Sulfide Market: Application Segment Analysis

Water Treatment
Paper and Pulp
Oil and Gas
Food And Beverage
Others

Aluminum Sulfide Market: Regional Segment Analysis

North America
Europe
Asia Pacific
Latin America
Middle East And Africa

About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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