Global Inorganic Salts Market Projected To Register a 4.3% CAGR over 2016-2020

Date: 2016-10-10

Inorganic Salts’ application in various chemical manufacturing industries is playing the vital role for the growth of Inorganic Salts; chemical manufacturing is by far the largest market for inorganic salts, according to the market research, the world Inorganic Salts Market is Projected To Register a CAGR of 4.3% over 2016-2020.

In addition, the other major factors driving the growth of the global market include increased salt consumption and the growth of fertilizer and agrochemicals industries. Inorganic salts are utilized in a number of industries. 

On the basis of geography, the Asia Pacific is expecting to hold the position of world largest market place, China is leading the production region, the Asia pacific is expecting to grow at highest CAGR between the forecast periods, and region followed by North America, which is expecting to grow in biotechnology, biotechnology is opening new avenues for inorganic salts.

Regard to the new avenues for inorganic salts: Inorganic salts are used as reagent in modern biotechnological devices, such as High Pressure Liquid Chromatography. Biotechnology is expected to open new areas of opportunity for the market of inorganic salts. Some form of sulphides, such as selenium sulphides are lately being used in cosmetic industry for formulating anti dandruff products.

Global top players operating in inorganic salts market include Triveni Chemicals, Hebei Yatai Electrochemistry Co. Ltd., Sanfong Inorganic Chemicals Co. Ltd, Lanxess AG, Otsuka Chemical Co. Ltd., Arkema SA, Thermo Fisher Scientific Inc., Loba Chemie, and others.

Inorganic Salts market share by region as following:


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 1-510-400-8520

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