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The hydrated double sulphate salt of aluminium with one X cation is called alum. Alum is a naturally occurring crystalline stone that has been used for its therapeutic powers since it is both antibacterial and astringent since ancient times. It is available in a crystalline form; however, it is usually in powder form. The cation can be swapped by several other elements based on the properties that Alum changes. Of all Alums, aluminium potassium sulphate is the most common, in which a Potassium ion replaces the X cation.
Aluminium sulphate has the ability to form various alums with sulphates that have single-charged cations of potassium, ammonium, sodium, caesium, and other such elements and compounds.
Guinea, Australia, Indonesia, Brazil, and China are the leading alum-producing countries.
Key Details About the Alum Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Alum price, steel price, zinc price, etc. in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Alum price trend, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Alum Price Trend:
Since ancient times, alum has been widely employed as a flocculation agent. Additionally, it is used by a variety of end users, including leather, textiles, and paper, among others.
Furthermore, it is used in many different forms for various purposes, such as water filtration and as an adjuvant in vaccines. It is also utilised as a key component in modelling clay, which is used by both commercial and household purposes. Moreover, it also finds application as well as in deodorant, skin whitener, several types of toothpaste, hair removal treatments, flame retardants, and baking powder as the acidic component.
Key Market Players:
• Merck KGaA
• Zibo Dazhong Edible Chemical
News and Events:
• August 17, 2022: Merck, a leader in research and technology, signed a contract committing to the purchase of Mekaro, a publicly traded Korean producer of heater blocks and chemical precursors for semiconductors, for its chemical business. The transaction is a component of Merck’s Level Up Growth Program for the electronics industry, which is focused on four interconnected, crucial emphases and involves a combined investment in capabilities and innovation that exceeds USD 1 billion. Technology, scale, abilities, and portfolio are these priorities.
- Aluminium Can Price Trend – https://www.procurementresource.com/resource-center/aluminium-can-price-trends
- Aluminium Chloride Price Trend – https://www.procurementresource.com/resource-center/aluminium-chloride-price-trends
- Aluminium Slug Price Trend – https://www.procurementresource.com/resource-center/aluminium-slug-price-trends
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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