ALUNITE MARKET ANALYSIS
Alunite, also known as alumstone, is a transparent hydrated aluminum potassium from the category of sulfate mineral and, which has trigonal crystal symmetry. It is found in various colors including yellow, red, reddish brown etc. It is formed due to the action of sulfuric acid on rocks while oxidation and leaching of metal sulfide deposits.
Market Dynamics
Increasing in personal care and cosmetic industry is a major factor for boost the demand for alunite, owing to its abilities as deodorant. Alunite is majorly used in personal care products as antiperspirant. It does not lead to allergy, skin irritation, appearance of stains on cloths, as it does not contain oil and coloring components. For instance, according to Indian Brand Equity Foundation (IBEF), the annual growth rate of the Indian deodorant market is 18.0%, which was valued at US$ 83.0 million in 2009 and it had grown up to US$ 382.2 million in 2014.
Market Outlook
Asia pacific, Western Europe, and Eastern Europe is dominating global alunite market in 2018, owing to increasing industrialization in the field of chemical, pharmaceuticals etc. For instance, according to the United Nations Industrial Development Organization, in 2017, Japan holds the first rank in competitive industrial performance (CPI) index followed by Germany and the U.S., which shows the productive capacity, intensity of industrialization etc. This scenario is predicted to boost the demand for alunite from various end use industry in the near future.
Key Players
Key players operating in the global alunite market are Sunminerals, Alunite, Pacer Corporation, Imerys Ceramics, Alunite Pretoria, Baslini S.p.A., Det-Al Aluminum LLC, and Lincoln Co.
Market Taxonomy
On the basis of product type, the global alunite market is segmented into:
On the basis of end use industry, the global alunite market is segmented into
On the basis of region, the global alunite market segmented into:
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