PRN: Global Inorganic Salts Market to Grow at a CAGR of 4.4% by 2022 - Increased Salt Consumption & Application in Various Chemical Manufacturing Industries - Research and Markets

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Global Inorganic Salts Market to Grow at a CAGR of 4.4% by 2022 - Increased Salt Consumption & Application in Various Chemical Manufacturing Industries - Research and Markets

 
[07-March-2017]
 

DUBLIN, Mar 7, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Inorganic Salts Market Size, Share, Development, Growth and Demand Forecast to 2022" report to their offering.

The global inorganic salts market is expected to grow at a CAGR of 4.4% during 2016 - 2022. In terms of volume, Asia-Pacific accounted for the largest share in the global inorganic salts market in 2015. The major reason behind the growth of the market in the region is the growing demand for construction, agrochemical and evolving chemical industry.

The global inorganic salts market is driven by increased salt consumption and its application in various chemical manufacturing industries. It is also used extensively in industries, such as fertilizer, agrochemicals, paint, rubber, paper, ceramics, pharmaceutical and many others. In addition, it is used in small quantities in animal feed as catalyst, fire retardant and sulphur adsorbent. Inorganic salts are those salts that do not contain carbon content in there molecular structure.

Among the various applications, the chemical segment held the largest share in the global inorganic salts market in 2015, and it is anticipated to retain its dominance during the forecast period. The growth in the chemical segment is attributed to the use of end products such as sodium carbonate, caustic soda and others for the production of paper, glass and other important chemicals. In addition, various inorganic chemical salts are used extensively for de-icing and anti-icing products, thus increasing the demand of organic salts. The chemical application segment is anticipated to grow at a CAGR of 4.7%, in terms of value during the forecast period. Moreover, other application segments including fertilizer and healthcare are anticipated to grow at steady rate.

Companies Mentioned:

  • Eastman Chemical Company
  • Yatai Electrochemistry Co.
  • Behn Meyer Holding Ag
  • Lanxess Ag
  • Otsuka Chemical Co.
  • Arkema S.A.
  • Thermo Fisher Scientific Inc.
  • Loba Chemie Pvt. Ltd.

Key Topics Covered:

1. Research Scope & Methodology

2. Executive Summary

3. Market Outlook

4. Global Inorganic Salts Market Size And Forecast (2012-2022)

5. Global Inorganic Salts Market, By Geography

6. Competitive Positioning Analysis

7. Company Profiles And Strategic Developments

8. Appendix

For more information about this report visit http://www.researchandmarkets.com/research/j5qx8c/global_inorganic

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Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com

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