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Inorganic salt area source of essential nutrients for both humans and animals. Very little amounts of inorganic salt are present in the body fluid. Based on their difference in electrical charge, inorganic salts can be divided into cations and anions. The ions in inorganic salt help balance the nerve impulses. The intake of inorganic salts is essential, as they are used by the cells to transmit impulses across the cell membrane and to other cells.
The Inorganic Salt Market is in a growth phase owing to an increase in the demand for inorganic salt in manufacturing of chemicals, a rise in the consumption of salt in daily diets, and the use of inorganic salt for other applications such as fertilizers, agrochemicals, rubber, paints, paper, pharmaceuticals.
Moreover, due to dietary habits, the demand for inorganic salt has increased, which is promoting the growth of the market.Inorganic salts are also used as animal feed in small amounts. An increase in R&D activities is anticipated to drive the market in the coming days. Additionally, increasing expenditure on healthcare, high per capita disposable income, and rising awareness about health and wellness are likely to give a major boostto market growth.
However, some of the inorganic salts such as chloroform and chlorofluorocarbons are toxic in nature, which can hamper the market growth. On the other hand,an increase in research and development activities in biotechnology and the use of inorganic salt in HPLC devicesare anticipated to offer future growth opportunities for the inorganic salt market.
Segmentation
The inorganic salt market segmentation is based on type, application, and region.
Type Outlook
Based on type, the inorganic salt market is segmented into sodium salts, magnesium salts, calcium salts, potassium salts, ammonium salts, and others. Calcium salts, phosphates, nitrates, and zinc salts are used to enhance soil nutrient content. The fertilizer industry uses phosphate in large amounts. Apart from these, various inorganic salts are used in multiple industries for manufacturing purposes.
Application Outlook
Based on application, the inorganic salt market is segmented into agrochemicals, food, healthcare, cement manufacturing, and others. The use of inorganic salts is more in the agrochemicals industry for manufacturing chemicals and to enhance soil nutrient content. Calcium salts, phosphate, nitrates, and zinc salts are used in the agrochemical industry. The pharmaceutical industry has increased the use of inorganic salts. Moreover, inorganic saltsare used in cold weather concrete as well.
Regional Outlook
Based on regions, the inorganic salt market is segmented into North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. Asia Pacific is anticipated to dominate the inorganic salt market owing to the rapid growth in manufacturing fertilizers and an increase in the use of agrochemicals in farming in countries such as India, China, Indonesia,and others.
North America and Europe are also expected to play a major role in the growth of the inorganic salt market. The demand for protein-rich diet, vegetables, and fruits has increasedthe demand for fertilizers in agriculture. This is expected to boost the growth of these regional markets. Also, the presence of a well-developed healthcare industry and an increase in geriatric population are expected topropel the inorganic salt market in the North America region.
Market Players
The key leading players in the inorganic salt market include Chemtura Corporation, Otsuka Chemical Co Ltd, Fisher Scientific, Emerald Performance Materials, Sigma Aldrich, Lanxess AG, Hebei Yatai Ltd, Behn Meyer, LobaChemie, Arkema SA, and Solutia Incorporated.
What Does This Report Provide?
This report provides details of the market size estimates for the inorganic salt market on a regional and global basis. Also,it can help identify the major segments in the inorganic salts market and evaluate their market shares and demand. The report provides a competitive scenario for the inorganic salt market with major developments observed by the key companies in the historic years. It evaluates key factors governing the dynamics of the inorganic salt market with their potential gravity during the forecast period.
Market Segmentation:
By Type
By Application
By Region:
North America Acetone Market
Western Europe Acetone Market
Asia Pacific Acetone Market
Middle East & Africa Acetone Market
South America Acetone Market
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