Zion Market Research, the market research group announced the analysis report titled ‘Aluminum Sulfide Market – Global Industry Perspective, Comprehensive Analysis and Forecast 2015-2021‘
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 wastewater 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, a 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.
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The report includes the 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, the 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.
Major regional segments analyzed in this study include North America, Europe, Asia-Pacific, Latin America, and the 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.
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Aluminum Sulfide Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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