Global Liquid Sodium Aluminate Market- Market Overview:

The global liquid sodium aluminate market is expected to grow from USD 728.22 million in 2022 to USD 973.8 million by 2030, at a CAGR of 3.7% during the Projection period 2023-2030. The growth of this market is mainly driven owing to the increasing demand from the construction sector.

Sodium aluminate is produced by dissolving aluminium hydroxide in sodium hydroxide and is available in both solid and liquid form. The products provide excellent reactive alumina in alkaline solutions, which is one of the main reasons why they are used in many industrial processes as raw materials. Liquid sodium aluminate is a transparent, odourless, water-soluble powder, capable of absorbing water up to eight times its weight in proportion to itself. As an additive in foods, such as bread, it can also be used as an additive for textile sizing and paper making where a high amount of moisture is required. Globally, the liquid sodium aluminate market is growing as a result of growing government initiatives related to water and wastewater treatment. Water-borne diseases and environmental concerns have led governments around the world to formulate stricter frameworks for preventing any health consequences, which is one of the key factors behind the growth of the market. Industrial wastewater and municipal water are primarily treated with liquid sodium aluminate to remove phosphorus. Another significant factor driving the growth of the liquid sodium aluminate market over the analysis period is the rapid growth of the construction industry across the globe. Increasing applications of sodium aluminate in pulp and paper processing and the use of sodium aluminate as a flocculant agent are likely to drive growth over the next few years.

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Market Dynamics:

Drivers:                          

• Stringent government regulations

One of the major factors contributing to the growth of the liquid sodium aluminate market worldwide is the growing government initiatives related to water and wastewater treatment. Government regulatory bodies worldwide have formulated stringent frameworks to prevent health damage caused by water-borne illnesses and environmental concerns.

Restraints:                                             

• Health hazards associated with liquid sodium aluminate

The liquid sodium aluminate market is witnessing immense growth in various applications, but there are some factors which are affecting the growth of the market, such as health hazards associated with the liquid sodium aluminate. It is very necessary to handle liquid sodium aluminate properly because it can damage the skin, permanently damage the eyes, irritate the nose if inhaled etc. All these factors are hampering the market growth.

Opportunities:

• Rising environmental safety concerns

In the long run, awareness of environmental conservation among end users will be a key driver of market growth. The importance of a clean environment with reduced resource consumption is given the highest priority by increasing the use of Liquid Sodium Aluminate in production processes to reduce costs while improving overall efficiency.

Challenges:

• Improper handling

Improper handling and lack of understanding about the use of liquid sodium aluminate are creating many challenges for the market, impacting the market growth. Moreover, consumers are shifting towards other alternatives, which are also playing a major role in the market’s growth hindrance.

Segmentation Analysis:

The global liquid sodium aluminate market has been segmented based on type, application, and region.

By Type

The type segment includes 45% solution, 43% solution and 38% solution. The 38% solution segment led the largest share of the liquid sodium aluminate market with a market share of around 41% in 2022. 38% solution sodium aluminate is an industrial chemical used for water treatment and paper production. It plays a major role in producing high-concentration products such as pulp, paperboard, gypsum board, cement boards & panels. Besides these, 38% sodium aluminate solution must also be handled with caution in industries due to its ability to degrade aluminium, copper, brass, chromium, and electroplated metal.

By Application

The application segment is construction, water treatment, oil & chemical, paper industry and others. The water treatment segment led the largest share of the liquid sodium aluminate market with a market share of around 28% in 2022. It is an ionic compound with excellent solubility properties that help prevent corrosion and scaling on metal surfaces, resulting in increased efficiency due to reduced energy consumption and higher-quality water. Due to the increase in population and urbanization, water treatment technologies can convert as much of this wastewater into usable form as possible, driving the market for sodium aluminate for the Projectioned period because they can convert the maximum amount into a usable form.

Global Liquid Sodium Aluminate Market- Sales Analysis.

The sale of liquid sodium aluminate expanded at a CAGR of 3.2% from 2016 to 2022.

One of the key factors driving the expansion of the liquid sodium aluminate market globally is the increase in government activities pertaining to water and wastewater treatment. Government regulatory organisations have created strict frameworks to prevent health harm due to rising water-borne diseases and environmental issues. The main purpose of liquid sodium aluminate is to eliminate phosphorus from both municipal and industrial effluent. Another important element boosting the expansion of the global market for liquid sodium aluminate during the analysis period is the construction industry's explosive rise on a global scale.

Liquid sodium aluminate is used in the construction sector to hasten the solidification of concrete, particularly when working in cold weather. The market is anticipated to expand due to the rising demand for liquid sodium aluminate as a water treatment and cement aid. Furthermore, the global market for liquid sodium aluminate is seeing profitable potential due to technological advancement and falling raw material costs. However, one of the major issues hindering the market growth is the harmful impact of sodium aluminate on human health. The hazardous chemical sodium aluminate has the potential to harm human health seriously.

Thus, owing to the aforementioned factors, the global liquid sodium aluminate market is expected to grow at a CAGR of 3.7% during the Projection period from 2023 to 2030.

By Regional Analysis:

The regions analyzed for the liquid sodium aluminate market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The Asia Pacific region dominated the liquid sodium aluminate market and held a 38% share of the market revenue in 2022.

• Asia Pacific region witnessed a major share. The Asia Pacific region is dominating the liquid sodium aluminate market due to the rising construction activities in the region. Moreover, rising awareness about the proper disposal of wastewater generated from various end-user industries accounts for a major share in the market's growth. Furthermore, ongoing research and development by major key players will boost the market growth in the region during the Projection period and in future.
• North America is anticipated to experience significant growth during the predicted period. Wastewater treatment activities will boost the market growth in the region. Rapid industrialization will lead to wastewater generation in huge amounts that need to be treated properly before discharging into the open environment. The regional market will grow immensely during the furcates period.

Global Liquid Sodium Aluminate Market - Country Analysis:

• Germany

Germany's liquid sodium aluminate market size was valued at USD 56.42 million in 2021 and is expected to reach USD 76.03 million by 2029, at a CAGR of 3.8% from 2023 to 2030.

Rising demand from the titanium dioxide industry is boosting the growth of the market in the country. Moreover, wastewater treatment activities account for a major share of the market growth.

• China

China’s liquid sodium aluminate market size was valued at USD 71.9 million in 2021 and is expected to reach USD 98.4 million by 2029, at a CAGR of 4% from 2023 to 2030.

 Over the Projection period, the market's growth in the country is expected to be driven by a large number of manufacturers as well as increasing demand from end-user industries such as paper, water treatment, and cement additives.

• India

India's liquid sodium aluminate market size was valued at USD 55.34 million in 2021 and is expected to reach USD 75.15 million by 2029, at a CAGR of 3.9% from 2023 to 2030.

As a result of population growth, water treatment capacities will also require exponential increases over the Projection period, thereby increasing the demand for liquid sodium aluminate in the country.

Key Industry Players Analysis:  

To increase their market position in the global liquid sodium aluminate market business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.

• Dequachim
• Nordisk Aluminat
• IQE
• Coogee
• GAC Chemical
• Alumina
• R. Grace
• Lier Chemical
• Zibo Tongjie Chemical
• Holland Company
• Geo Specialty Chemicals
• USALCO

Latest Development:

• In October 2020, Hunan Bide Biotechnology Co., Ltd. was purchased by Lier Chemical Co., Ltd.
• In June 2021, In order to reach 100% ownership of its Singapore joint venture, CSDC, IQE announced the purchase of additional shareholdings from third parties.

Report Metrics

Report Attribute	Details
Study Period	2022-2030
Base year	2022
CAGR (%)	3.7%
Market Size	728.22 million in 2022
Projection period	2023-2030
Projection unit	Value (USD)
Segments covered	By Type, By Application, and By Region.
Report Scope	Revenue Projection, competitive landscape, company ranking, growth factors, and trends
Companies covered	Dequachim, Nordisk Aluminat, IQE, Coogee, GAC Chemical, Alumina, W.R. Grace, Lier Chemical, Zibo Tongjie Chemical, Holland Company, Geo Specialty Chemicals, and USALCO.
By Type	45% solution 43% solution 38% solution
By Application	Construction Water Treatment Oil & Chemical Paper Industry Others
Regional scope	North America Europe Asia-Pacific South America Middle East and Africa

Scope of the Report

Global  Liquid Sodium Aluminate Market By Type:

• 45% solution
• 43% solution
• 38% solution      

Global  Liquid Sodium Aluminate Market By Application:

• Construction
• Water Treatment
• Oil & Chemical
• Paper Industry
• Others

Global  Liquid Sodium Aluminate Market By Region:

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
• Asia-Pacific
  • Japan
  • China
  • India
  • Korea
  • Southeast Asia
• South America
  • Brazil
  • Peru
• Middle East and Africa
  • UAE
  • South Africa
  • Saudi Arabia

Political Factors- Pressure groups can alter the corporate environment by forming strong media coalitions. These organisations are under pressure from these groups, which organise demonstrations and marketing campaigns. The liquid sodium aluminate market needs to keep a watch on these pressure organisations because they have the ability to affect government policy, which could ultimately have an impact on the general business climate. The liquid sodium aluminate market must collaborate closely with them in order to earn their trust. In order to strengthen ties with the community, it should also invest in moral and philanthropic endeavours.

Economic Factors- By decreasing the purchasing power of money and preventing people from making purchases of goods and services, rising inflation may harm the cutting tool packaging industry. Changes in exchange rates might have an impact on a business's profitability. The liquid sodium aluminate market should carry out this analysis in order to accurately Projection exchange rate fluctuations and minimise any unwanted effects on trade and business performance. The cost of loans will go up overall because the liquid sodium aluminate market would have to make payments at a high rate of interest.

Social factors- There are two favourable demographic indicators when the liquid sodium aluminate market predominantly targets young consumers with its products/services: high population growth and an increasing proportion of the young population group. When there is a welcoming attitude toward immigrants from different cultural backgrounds, it is an indication that diversity management measures need to be employed, thus the market for liquid sodium aluminate market should investigate how the receiving nation feels about immigration.  liquid sodium aluminate market has to alter its marketing strategies in order to encourage inclusivity and diversity.  liquid sodium aluminate market may readily hire people from a variety of cultural backgrounds in accordance with a favourable attitude toward migration.

Technological Factors- The research and development trend in the chosen sector or industry demonstrates how forward-thinking companies are in bringing ground-breaking ideas to market. The liquid sodium aluminate market needs to understand how new technological developments could benefit the sector and provide benefits to customers. It would be necessary to make a sizable investment in research and development in markets where disruptive technology is prevalent. The liquid sodium aluminate market must have a long-term outlook and refrain from expecting to quickly recoup its R&D costs.

Environmental Factors- The use of the closed-loop, circular economy concept is beginning to spread throughout many countries in a variety of settings and industries. Industries that gain from supporting institutional frameworks can make recycling and reusing materials easier. Similar to this, recycling is actively practised by consumers in several countries. The  liquid sodium aluminate market may benefit from these sustainability trends and use them as a strategy to lower manufacturing costs, lessen environmental expenses, and meet financial goals.

Legal Factors- In many countries, there are numerous federal and state laws in place to protect customers from potential financial exploitation. In the age of digital technology, consumer privacy laws have become more stringent. In order to prevent lawsuits, the  liquid sodium aluminate market must closely follow data privacy rules when conducting online business. Before entering new markets,  liquid sodium aluminate market managers should examine regional regulations regarding refunds, discounts, credit terms, quality, deceptive advertising, and maximum pricing (particularly in the case of basic essential goods).

1. Introduction
   • 1. Objectives of the Study
   • 2. Market Definition
   • 3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
   • 1. Porter’s Five Forces Analysis
   • 2. Value Chain Analysis
   • 3. Top Investment Pockets
     • 3.1. Market Attractiveness Analysis By Type
     • 3.2. Market Attractiveness Analysis By Application
     • 3.3. Market Attractiveness Analysis By Region
   • 4. Industry Trends
5. Market Dynamics
   • 1. Market Evaluation
   • 2. Drivers
     • 2.1. Stringent government regulations
   • 3. Restraints
     • 3.1. Health hazards associated with liquid sodium aluminate
   • 4. Opportunities
     • 4.1. Rising environmental safety concerns
   • 5. Challenges
     • 5.1. Improper handling

6. Global Liquid Sodium Aluminate Market Analysis and Projection, By Type
   • 1. Segment Overview
   • 2. 45% solution
   • 3. 43% solution
   • 4. 38% solution
7. Global Liquid Sodium Aluminate Market Analysis and Projection, By Application
   • 1. Segment Overview
   • 2. Construction
   • 3. Water Treatment
   • 4. Oil & Chemical
   • 5. Paper Industry
   • 6. Others
8. Global Liquid Sodium Aluminate Market Analysis and Projection, By Regional Analysis
   • 1. Segment Overview
   • 2. North America
     • 2.1. U.S.
     • 2.2. Canada
     • 2.3. Mexico
   • 3. Europe
     • 3.1. Germany
     • 3.2. France
     • 3.3. U.K.
     • 3.4. Italy
     • 3.5. Spain
   • 4. Asia-Pacific
     • 4.1. Japan
     • 4.2. China
     • 4.3. India
   • 5. South America
     • 5.1. Brazil
   • 6. Middle East and Africa
     • 6.1. UAE
     • 6.2. South Africa

9. Global Liquid Sodium Aluminate Market-Competitive Landscape
   • 1. Overview
   • 2. Market Share of Key Players in the Liquid Sodium Aluminate Market
     • 2.1. Global Company Market Share
     • 2.2. North America Company Market Share
     • 2.3. Europe Company Market Share
     • 2.4. APAC Company Market Share
   • 3. Competitive Situations and Trends
     • 3.1. Technology Launches and Developments
     • 3.2. Partnerships, Collaborations, and Agreements
     • 3.3. Mergers & Acquisitions
     • 3.4. Expansions

10. Company Profiles
    • Dequachim
      • 1.1. Business Overview
      • 1.2. Company Snapshot
      • 1.3. Company Market Share Analysis
      • 1.4. Company Technology Portfolio
      • 1.5. Recent Developments
      • 1.6. SWOT Analysis
    • Nordisk Aluminat
      • 2.1. Business Overview
      • 2.2. Company Snapshot
      • 2.3. Company Market Share Analysis
      • 2.4. Company Technology Portfolio
      • 2.5. Recent Developments
      • 2.6. SWOT Analysis
    • IQE
      • 3.1. Business Overview
      • 3.2. Company Snapshot
      • 3.3. Company Market Share Analysis
      • 3.4. Company Technology Portfolio
      • 3.5. Recent Developments
      • 3.6. SWOT Analysis
    • Coogee
      • 4.1. Business Overview
      • 4.2. Company Snapshot
      • 4.3. Company Market Share Analysis
      • 4.4. Company Technology Portfolio
      • 4.5. Recent Developments
      • 4.6. SWOT Analysis
    • GAC Chemical
      • 5.1. Business Overview
      • 5.2. Company Snapshot
      • 5.3. Company Market Share Analysis
      • 5.4. Company Technology Portfolio
      • 5.5. Recent Developments
      • 5.6. SWOT Analysis
    • Alumina
      • 6.1. Business Overview
      • 6.2. Company Snapshot
      • 6.3. Company Market Share Analysis
      • 6.4. Company Technology Portfolio
      • 6.5. Recent Developments
      • 6.6. SWOT Analysis
    • R. Grace
      • 7.1. Business Overview
      • 7.2. Company Snapshot
      • 7.3. Company Market Share Analysis
      • 7.4. Company Technology Portfolio
      • 7.5. Recent Developments
      • 7.6. SWOT Analysis
    • Lier Chemical
      • 8.1. Business Overview
      • 8.2. Company Snapshot
      • 8.3. Company Market Share Analysis
      • 8.4. Company Technology Portfolio
      • 8.5. Recent Developments
      • 8.6. SWOT Analysis
    • Zibo Tongjie Chemical
      • 9.1. Business Overview
      • 9.2. Company Snapshot
      • 9.3. Company Market Share Analysis
      • 9.4. Company Technology Portfolio
      • 9.5. Recent Developments
      • 9.6. SWOT Analysis
    • Holland Company
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis
    • Geo Specialty Chemicals
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis
    • USALCO
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis

List of Table

1. Global Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
2. Global 45% solution, Liquid Sodium Aluminate Market, By Region, 2023–2030 (USD Million)
3. Global 43% solution, Liquid Sodium Aluminate Market, By Region, 2023–2030 (USD Million)
4. Global 38% solution, Liquid Sodium Aluminate Market, By Region, 2023–2030 (USD Million)
5. Global Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
6. Global Construction, Liquid Sodium Aluminate Market, By Region, 2023–2030 (USD Million)
7. Global Water Treatment, Liquid Sodium Aluminate Market, By Region, 2023–2030 (USD Million)
8. Global Oil & Chemical, Liquid Sodium Aluminate Market, By Region, 2023–2030 (USD Million)
9. Global Paper Industry, Liquid Sodium Aluminate Market, By Region, 2023–2030 (USD Million)
10. Global Others, Liquid Sodium Aluminate Market, By Region, 2023–2030 (USD Million)
11. Global Liquid Sodium Aluminate Market, By Region, 2023–2030 (USD Million)
12. North America Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
13. North America Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
14. USA Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
15. USA Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
16. Canada Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
17. Canada Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
18. Mexico Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
19. Mexico Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
20. Europe Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
21. Europe Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
22. Germany Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
23. Germany Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
24. France Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
25. France Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
26. UK Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
27. UK Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
28. Italy Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
29. Italy Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
30. Spain Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
31. Spain Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
32. Asia Pacific Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
33. Asia Pacific Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
34. Japan Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
35. Japan Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
36. China Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
37. China Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
38. India Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
39. India Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
40. South America Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
41. South America Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
42. Brazil Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
43. Brazil Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
44. Middle East and Africa Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
45. Middle East and Africa Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
46. UAE Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
47. UAE Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)
48. South Africa Liquid Sodium Aluminate Market, By Type, 2023–2030 (USD Million)
49. South Africa Liquid Sodium Aluminate Market, By Application 2023–2030 (USD Million)

List of Figures 

1. Global Liquid Sodium Aluminate Market Segmentation
2. Liquid Sodium Aluminate Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Liquid Sodium Aluminate Market Attractiveness Analysis By Type
9. Global Liquid Sodium Aluminate Market Attractiveness Analysis By Application
10. Global Liquid Sodium Aluminate Market Attractiveness Analysis By Region
11. Global Liquid Sodium Aluminate Market: Dynamics
12. Global Liquid Sodium Aluminate Market Share By Type (2023 & 2030)
13. Global Liquid Sodium Aluminate Market Share By Application (2023 & 2030)
14. Global Liquid Sodium Aluminate Market Share by Regions (2023 & 2030)
15. Global Liquid Sodium Aluminate Market Share by Company (2021)