The Global Inorganic Salts Market size is expected to grow at a CAGR of 5.1% during the forecast period from 2021-2028. Asia Pacific region is expected to be the fastest-growing market for inorganic salts followed by North America owing to increase usage in pharmaceuticals applications such as antibiotics, anti-inflammatory drugs, etc., food industry use as flavor enhancers or preservatives and growth of explosives application which includes fireworks, matches, etc., across these regions.
Inorganic Salts are a type of mineral that consists of metal and non-metal elements. These materials have many uses such as fertilizers, detergents, pharmaceuticals, and food preservatives among others. They vary in color from white to dark gray depending on their composition and properties.
On the basis of Types, the market is segmented into Calcium Salts, Potassium Salts, Sodium Salts, Magnesium Salts, and Other types.
Calcium salts are inorganic mineral compounds containing calcium. Calcium is very important for the human body as it facilitates muscle contraction and blood coagulation via the release of calcium ions into the cytoplasm. The most common calcium salt used in industrial applications includes carbonate (calcite), nitrate, chloride, sulfate, phosphate & hydroxide, etc.
Potassium salts are chemical compounds that contain potassium ions. Potassium is a soft, silver-white metal that makes it easy to cut and bend, but also brittle at cold temperatures. It has a low density as well as high thermal conductivity; hence these properties make its use in various industries possible like the food processing industry for making dry ice (solid carbon dioxide) among others.
Sodium salts are a class of inorganic compounds that consist of the metal sodium (Na) and at least one anion. Sodium is necessary to support life, but excess intake can contribute to high blood pressure and cardiovascular disease as well as dehydration. In addition, ingestion may cause nausea or diarrhea depending on concentration levels.
Magnesium salts are a type of inorganic salt, which is an ionic compound that releases heat when it dissolves. Magnesium salts consist of magnesium cations and chloride or hydroxide ions as the anion. Some examples include magnesium sulfate (MgSO) and magnesium nitrate (Mg(NO). These salts can be used for medicinal purposes. They also have applications in the food processing industry such as dairies where they are used to treat cheese milk, ice cream mixes, and powdered eggs before freezing them to protect against microbial growth during storage.
On the basis of Application, the market is segmented into Agriculture, Pharmaceuticals, Food, and Explosives.
Inorganic salts are used in the agricultural sector for various purposes. In crop production, they can be applied to correct soil acidity and maintain nutrient balance leading to high yield. They improve water infiltration into the roots by changing properties of soils such as aggregate size (aggregation) and pore sizes which help plants grow better with less irrigation or rainfall. In addition, they make plants more tolerant against stress conditions like drought and heat waves that might reduce produce quality or quantity.
Inorganic Salts are used in the Food and Pharmaceutical Industries to improve flavor, increase stability and reduce the toxicity of a product.
Organic salts are used in many food items to enhance the taste of foods. Some examples include baking soda, which is added to baked goods such as pancakes and biscuits to help them rise faster, and table salt (Sodium chloride), which is used for enhancing flavors or preserving some foods.
Industrial explosives are used for mining, construction, and demolition. These chemicals play a key role in the generation of explosive energy required to blast rocks or break down structures. Inorganic salts are added as an oxidizing agent that provides the oxygen needed for combustion reaction with fuel which is usually organic materials like coal/wood powder etc. The most common types of inorganic salts used here include ammonium nitrate (NH₄NO₃), potassium chlorate (KClO₃) & sodium perchlorate (NaClO₄).
On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, and Latin America & Middle East, and Africa. The Asia Pacific market is expected to witness the highest growth rate during the forecast period due to an increase in population along with rising disposable income levels that are fueling the consumption of processed food items such as pickles and sauces.
Up Market Research published a new report titled “Inorganic Salts Market research report which is segmented by Types (Sodium salts, Potassium salts, Calcium salts, Ammonium salts, Magnesium salts, Others), By Applications (Agriculture, Pharmaceuticals, Food, Explosives, Others), By Players/Companies 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.”.
Report Attributes | Report Details |
Report Title | Inorganic Salts Market Research Report |
By Type | Sodium salts, Potassium salts, Calcium salts, Ammonium salts, Magnesium salts, Others |
By Application | Agriculture, Pharmaceuticals, Food, Explosives, Others |
By Companies | 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. |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 250 |
Number of Tables & Figures | 175 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Sodium salts, Potassium salts, Calcium salts, Ammonium salts, Magnesium salts, Others and By Application Agriculture, Pharmaceuticals, Food, Explosives, Others.
Some of the companies that are profiled in this report are:
Inorganic Salts Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Inorganic Salts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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