Recent Release : Industrial Salts Market Forecasts, Size, Share, Regional Outloo
Posted by akshayparmar on November 15th, 2017
Industrial Salts Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2021, the industrial salts market is expected to reach over US$ 13.0 Bn by 2022, expanding at a CAGR of more than 1.4% from 2016 to 2022.
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Market Insights:
Salt is known to be one among the vital minerals present on earth and makes an important part of the food. It is a compound of sodium and chlorine which is produced globally by different production processes that include sea water evaporation, rock salt mining and brine extraction. Apart from its various household and industrial uses, industrial salt is widely used as a deicing agent for proper maintenance of roads and prevent accidents. North America and Europe are the major consumers of industrial salt as a deicing agent in winters.
The developing regions such as North America and Europe are the major consumers of industrial salts for de-icing application. Automobile and highway corrosion and eco-system changes caused by the de-icing salts are well documented thereby leading to the growth of global industrial salts market. Other applications of industrial salts include water softening, agriculture and others such as animal feed and food processing are expected to experience steady growth during the forecast period.
Key Trends:
• High demand from chlorine and caustic soda industries
• Widely used as de-icing agent
• Used as water softening agent
• Opportunities from increasing research activities for increase in application scope of industrial salts
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research scope
1.3 Market Segmentation
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Industrial Salts Market
2.2 Global Industrial Salts Market, By Applications
2.3 Global Industrial Salts Market, By Geography
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Industrial Salts Market Volume and Revenue, 2016 – 2022, (Kilo Tons) (US$ Mn)
3.2 Key Market Strategies
3.2.1 Product Pricing Analysis
3.2.2 Regulatory Impact on Market
3.3 Market Drivers
3.4 Market Challenges
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