Report

Global Inorganic Salts Market Size study, by Type, by Application and Regional Forecasts 2022-2028

  • Publish Date: May,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Inorganic Salts Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Inorganic salt is one that does not contain C-H bonds as opposed to an organic salt that contains C-H bonds. One of the most commonly known salt is sodium chloride, which is a chemical compound comprised of sodium and chloride ions. The increase in the consumption of nutritious food products, increased use in pharma industry has led to the adoption of Inorganic salts across the forecast period. For Instance: According to the Indian Economic Survey 2021, the domestic market is expected to grow 3x in the next decade. India's domestic pharmaceutical market is estimated at USD 42 billion in 2021 and likely to reach USD 65 billion by 2024 and further expand to reach US$ 120-130 billion by 2030. Also, with the expanding healthcare industry, the adoption & demand for Inorganic salts is likely to increase the market growth during the forecast period. However, toxicity associated with inorganic salts impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Inorganic Salts Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the widespread use of inorganic salts as an antacid in the pharmaceutical industry. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as increase in the consumption of nutritious food products due to the evolving dietary habits would create lucrative growth prospects for the Inorganic Salts market across Asia-Pacific region.

Major market players included in this report are:

Arkema

Merck KGaA

Thermo Fisher Scientific Inc.

Emerald Performance Materials

Laxness

Eastman Chemical Company

Loba Chemie Pvt. Ltd

Behn Meyer

Otsuka Chemical Co., Ltd

Lenntech

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Sodium Salts

Magnesium Salts

Calcium Salts

Potassium Salts

Ammonium Salts

Others

By Application:

Agriculture

Pharmaceuticals

Cement

Rubber Processing

Food

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Inorganic Salts Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors