Wednesday, June 7, 2023

 PET is an abbreviation for Polyethylene Terephthalate, a thermoplastic polymer that is widely employed in a variety of applications due to its unique qualities. It is a transparent, durable, and lightweight plastic that is impact, moisture, and chemical resistant. It is also easily recyclable, making it a popular choice for environmentally friendly packaging.

It is widely used to make bottles, jars, and other containers for food and beverages, personal care goods, and household chemicals.

It is well-known for its superior mechanical qualities, which include high tensile strength, impact resistance, and dimensional stability.

Request for Real-Time PET Prices: https://procurementresource.com/resource-center/polyethylene-terephthalate-pet-price-trends/pricerequest

It is also resistant to changes in temperature and UV light. PET is a common choice for packaging applications that demand durability and protection of the contents due to these features.

China, the US, India, Taiwan, and Turkey are the leading PET-producing countries globally.

Key Details About the PET 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 PET price 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 PET Price Trend, chart, including India’s PET price, and USA’s PET price, 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 PET Price Trend:

PET Price Trend

It is extensively used in the manufacture of food and beverage bottles, jars, and other containers, as well as personal care items and household chemicals.

It is well-known for its superior mechanical qualities, which include high tensile strength, impact resistance, and dimensional stability, making it perfect for packaging applications requiring durability and content protection.

It is used in the textile sector to make polyester fibres, which are used in clothes, carpets, and other products. PET polyester fibres are noted for their strength, durability, and colour retention.

It is used in the manufacture of films such as packaging, labels, and photographic film. PET films are well-known for their clarity, strength, and chemical and moisture resistance.

It is also used to make engineering plastics, which are utilised in a wide range of industrial applications such as automotive parts, electrical and electronic components, and medical equipment. PET-based engineering polymers are well known for their strength, stiffness, and heat and chemical resistance.

It is also utilised as a material for 3D printing, which is a fast-increasing manufacturing technology. Because of their strength, durability, and ease of printing, PET-based filaments are commonly utilised in 3D printing.

Key Players:

Indorama Ventures Public Company Limited
Alpek SAB de CV
SABIC
Sinopec Group
Far Eastern New Century Corporation

Recent News

  • February 21, 2023: SK Geo Centric, a South Korean petrochemical firm, will begin building on its recycled polyethylene terephthalate (PET) factory in Saint-Avold, in northeastern France. The factory, with a capacity of 70,000 t/yr PET manufacture, is expected to be completed by 2027.

About Us:

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 tracks 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.

Contact Us:

Company Name: Procurement Resource
Contact Person: Amanda Williams
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

 The latest report titled “Potassium Sulfate manufacturing cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Potassium Sulfate.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request For Free Sample: https://procurementresource.com/production-cost-report-store/sop/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Potassium Sulfate manufacturing process, that might influence Potassium Sulfate manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Potassium Sulfate or SOP (K2SO4) is a high-quality potash fertilizer. It is an inorganic compound comprising 42% Potassium (K) and 17% Sulphur (S). It is a granular crystal or a fine white crystalline powder. It has many benefits, such as lower chlorides which is ideal for plants which sensitive to it, the presence of extra sulphur to counter Sulfur deficiencies and lower salinity.

Read Also - https://procurementresource.blogspot.com/2023/06/soybean-manufacturing-cost-analysis.html

Market Drivers:

SOP (Potassium Sulfate) is a widely used and popular fertilizer in the agriculture industry since it is made up of potassium and sulfur that are great for boosting the crop's growth. Technical grade SOP is used in foliar feeding and drip irrigation and has compatibility with Mono Ammonium Phosphate, Urea, LAN, Ammonium Sulphate, and Potassium Chloride. In addition, the rising population is leading to a rise in food demand, especially in emerging countries like India, China, and Indonesia, which is furthering the market growth. Furthermore, it finds application in the pharmaceutical industry as an electrolyte used to make fluids in the body remain in equilibrium. Also, other applications of the product, like in cosmetics and skin care formulas as a viscosity-increasing agent or thickener, along with the growth initiatives for funding and R&D activities in the sector, will propel the industry forward.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs.
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

 The latest report titled “Soybean manufacturing cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Soybean.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request For Free Sample: https://procurementresource.com/production-cost-report-store/soybean/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Soybean manufacturing process, that might influence Soybean manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Soybean (Glycine max), or soja bean/soya bean, is a sort of edible bean derived from an erect branching plant belonging to the legume family native to East Asia. The bean is one of the most economical beans as it provides millions with vegetable protein. In the market, it is available in various forms, such as fresh, frozen, canned, and dried. It has a very high protein content and is not that expensive. Besides protein, it is also a great source of fibre, omega-3 fatty acids, antioxidants, phytoestrogens, molybdenum, vitamin K1, vitamin B9, copper, manganese, phosphorus, thiamine, isoflavones, phytic acid (phytate), and saponins. It has a low saturated fat content and is lactose and cholesterol free.

Read Also - https://procurementresource.blogspot.com/2023/06/styrene-butadiene-rubber-manufacturing.html

Market Drivers:

Soybean is globally consumed as a staple food product providing millions with vegetable protein which is boosting the market demand. It is also available in the form of tofu, curd, soy milk, and cottage cheese; it can be used to make miso, soy sauce, tempeh, and fermented bean paste. Furthermore, Soybean oil can be turned into shortening, margarine, and vegetarian/vegan cheeses, which is boosting the market demand. It is also used to make soybean meal which substitutes meat in many food products due to it being a rich source of protein in baby foods and vegetarian foods. Apart from human consumption, it is also used as an animal feed, as a key ingredient to make products such as adhesives, paints, fertilizers, linoleum backing, sizing for cloth, and fire-extinguisher fluids etc., boosting the market demand.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs.
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

 The latest report titled “Styrene Butadiene Rubber manufacturing cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Styrene Butadiene Rubber.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request For Free Sample: https://procurementresource.com/production-cost-report-store/styrene-butadiene-rubber/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Styrene Butadiene Rubber manufacturing process, that might influence Styrene Butadiene Rubber manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Styrene Butadiene Rubber (SBR) is a high-volume general-purpose synthetic rubber composed of styrene and butadiene copolymer. It is easily available, cheap and has various properties like resistance to cracks, abrasion, oil, other hydrocarbon fluids, ozone, organic acid, water, chemical, alcohol, ketone, and aldehydes; low resilience and low tensile strength; great impact and tensile strength, and excellent low-temperature properties. Its styrene content ranges from 10-25%, giving it good wearing and bonding properties.

Read Also - https://procurementresource.blogspot.com/2023/06/silica-gel-manufacturing-cost.html

Market Drivers:

Styrene Butadiene Rubber (SBR) has wide usage across the tire industry as it is extensively used in tire production for vehicles like trucks and cars owing to it being more abrasion-resistant compared to natural rubber, which is driving the market's growth. Furthermore, it is used to carry out several industrial processes to make products like, hoses, belting, gaskets, wire insulation and cabling, roll coverings, haul-off pads, seals, abrasion resistance and metal adhesion. In commercial applications, it is employed as a polymer to make products such as shoe soles, moulded rubber goods, pressure-sensitive adhesives, tufted carpet bonding and other such products like labels, tapes, and graphics, which is propelling the industry's expansion. Also, cloth-inserted styrene-butadiene rubber has major end-use in mechanical fastening and flanged gaskets since its durability makes it ideal for air, hot water, low-pressure steam, and hydraulic services, which in turn boosts the industry demand.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs.
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

 The latest report titled “Silica Gel manufacturing cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Tomato paste.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request For Free Sample: https://procurementresource.com/production-cost-report-store/silica-gel/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Silica Gel manufacturing process, that might influence Silica Gel manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Silica gel is a high-adsorbing porous material that is a synthetic form of silicon dioxide (SiO2). Due to its high moisture adsorbing properties, it is employed in several industries. The larger surface area of the gel makes it highly porous and allows a greater extent of adsorption on the gel’s surface. The gel is thermally stable and inert. The adsorbed moisture and contaminants can be removed by heating the material, adding to its reusability. It is non-toxic and safe in the application in food and pharmaceutical industries. The gel is available in various forms, such as, beads, crystals, and granules which can be molded in different shapes depending upon the specific applications.

Market Drivers:

Silica gel is used in several industries due to its many industrial-friendly properties. It is highly exploited in the pharmaceutical market. In this market, it is used for the moisture protection and stability of drugs, vitamins, and other sensitive products. In addition to that, it is widely used in the electronics industry to prevent moisture damage to sensitive electronic components. The moisture-control property of this gel is also useful in the storage and transportation industry to preserve product quality. In addition to this, it is also employed in the textile, gas-drying, petrochemical, and air-conditioning sectors. Silica gel is non-toxic, reusable, and has a long lifespan making it a prefered choice in the market.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs.
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

 The latest report titled “Ammonia manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Ammonia.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request For Free Sample: https://procurementresource.com/production-cost-report-store/ammonia/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Ammonia manufacturing process, that might influence Ammonia manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

A gas comprised of nitrogen and hydrogen atoms, ammonia, is odorless and pungent. It smells distinctively and is very soluble in water. It is a gas at room temperature because it has a boiling point of -33.34°C and a melting point of -77.7°C. It is a crucial reagent in many chemical reactions because of its high degree of reactivity and the ease with which it can create chemical bonds with other molecules. Numerous industrial operations, such as those that produce fertilizers, cleaning supplies, and refrigerants, regularly use ammonia. This substance is a strong, alkaline, colourless liquid that is commonly employed as a cleaning agent and a solvent in industry.

Market Drivers:

The major consumer of ammonia is the agricultural sector as it is a crucial component of nitrogen-based fertilizers. This substance is also a popular refrigerant gas frequently used in air-conditioning equipment. In the treatment of wastewater, paper and pulp, food and beverage, and cold storage industries, it can also serve as a stabilizer and a supplier of nitrogen. Additionally, it plays a key role in the production of plastics, insecticides, explosives, and other crucial market goods. Overall, a variety of factors that can affect supply, demand, and prices have an impact on the ammonia market. It is an essential product in the world's agriculture sector, and changes in its price can have a big effect on the cost of food and the global economy.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs.
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

Read Also:  https://procurementresource.blogspot.com/2023/06/alum-manufacturing-cost-analysis-report_7.html

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

 The latest report titled “Alum manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Alum.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request For Free Sample: https://procurementresource.com/production-cost-report-store/alum/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Alum manufacturing process, that might influence Alum manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Alum belongs to a group of double salts combining an alkali metal sulfate and aluminum sulfate. The compound is a white crystalline powder and is employed in various applications. Due to its good astringent qualities, it can be used to cure minor cuts and wounds and stop bleeding. It also has antibacterial qualities that make it effective as a skin and water purifier and disinfectant. It also demonstrates a great capacity for settling suspended particles, which makes it useful in the field of water treatment and in a variety of industrial operations. Alum is used to make colors, paper, textiles, and fireproof materials, among other things. Alum is an important component in various sectors due to its adaptable qualities and wide range of applications.

Market Drivers:

Alum is typically used as a coagulant in water treatment facilities to remove contaminants and turbidity from drinking water. The growing need for clean water, particularly in emerging economies, is driving the growth of the water treatment industry and, consequently, the need for alum. Another driver of the market is the paper industry where it is used to increase paper strength and size. The growth of the paper industry, particularly in Asia-Pacific, is one of the key drivers driving the market for alum. It is also employed in the textile sector as a mordant to bind colors to fibers and in food preservation to keep fruits and vegetables fresh.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs.
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

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