Market Overview:
The global high purity vacuum salt market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high purity vacuum salt from various applications such as chlorate industry, textile industrial, oil and gas, water softening and others. Additionally, the growing demand for high purity vacuum salt in Asia Pacific is another major factor that is driving the growth of this market. However, factors such as stringent government regulations and environmental concerns may restrain the growth of this market during the forecast period.
Product Definition:
High purity vacuum salt is a type of salt that has been purified to remove any impurities. It is used in the production of high-purity chemicals and semiconductors.
99.9% Purity:
99.9% purity is a very high degree of purity, which means that there are no other materials but the specified material in the whole product. It's used for vacuum salt production and it has huge demand from electronics industry as 99.9% pure silicon wafers in semiconductor manufacturing process or 99.9% pure gold foils in metallization process etc.
99.99% Purity:
99.99% purity is a very high degree of purity, which means that there are no other materials but the specified material in the entire container. It is also used to refer to extremely high degree of vacuum salt produced by thermal evaporation process or crystallization process. The product has applications in various industries such as electronics, automotive and transportation, medical and healthcare among others.
Application Insights:
High purity vacuum salt is majorly used in chlorate industry for manufacturing of various products including explosives, polyvinyl chloride, and films. 99.9% purity grade is majorly used in the production of film whereas other grades are largely utilized for the production of explosive materials and polyvinyl chloride. Increasing demand for high-quality P2O5 from various industries such as oil & gas, water treatment etc has resulted in increased consumption which will drive the market growth over the forecast period.
The textile industrial application segment was valued at USD 26 million in 2017 owing to increasing demand from end-use industries such as automotive and construction sectors that require high quality P2O5 products with low impurities levels to manufacture components or fabrics respectively.
Regional Analysis:
North America dominated the global high purity vacuum salt market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for HV Salt from major end-use industries such as electronics, automotive and medical in countries such as U.S., Canada and Mexico due to its excellent electrical properties, low moisture absorption capacity and high thermal resistance value resulting into higher operating temperature of electronic products without causing any damage or malfunctioning.
The Asia Pacific is anticipated to be one of the fastest growing regions with a CAGR exceeding 8% during the forecast period on account of rapid industrialization along with rising population in countries like China, India Japan South Korea etc.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for high purity vacuum salt from the food and beverage industry as a flavor enhancer and preservative.
- Growing demand for high purity vacuum salt in the pharmaceuticals industry as a key ingredient in drug formulations.
- Rising demand for high purity vacuum salt from the chemical processing industry to manufacture specialty chemicals and detergents.
- Increasing use of high purity vacuum salt in water treatment applications to improve water quality and prevent corrosion problems.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Vacuum Salt Market Research Report
By Type
99.9% Purity, 99.99% Purity
By Application
Chlorate Industry, Textile Industrial, Oil and Gas, Water Softening
By Companies
Nouryon, K+S, Tata Chemicals, British Salt, Benetec, China Salt Jintan, EM Salt Group, Nouryon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Vacuum Salt Market Report Segments:
The global High Purity Vacuum Salt market is segmented on the basis of:
Types
99.9% Purity, 99.99% Purity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chlorate Industry, Textile Industrial, Oil and Gas, Water Softening
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nouryon
- K+S
- Tata Chemicals
- British Salt
- Benetec
- China Salt Jintan
- EM Salt Group
- Nouryon
Highlights of The High Purity Vacuum Salt Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 99.9% Purity
- 99.99% Purity
- By Application:
- Chlorate Industry
- Textile Industrial
- Oil and Gas
- Water Softening
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Vacuum Salt 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 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Purity Vacuum Salt is a type of salt that has been processed to remove all impurities. This makes it a more pure and concentrated form of salt than regular table salt.
Some of the major players in the high purity vacuum salt market are Nouryon, K+S, Tata Chemicals, British Salt, Benetec, China Salt Jintan, EM Salt Group, Nouryon.
The high purity vacuum salt market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Vacuum Salt Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Vacuum Salt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Vacuum Salt Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Vacuum Salt Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Vacuum Salt Market Size & Forecast, 2018-2028
4.5.1 High Purity Vacuum Salt Market Size and Y-o-Y Growth
4.5.2 High Purity Vacuum Salt Market Absolute $ Opportunity
Chapter 5 Global High Purity Vacuum Salt Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Purity Vacuum Salt Market Size Forecast by Type
5.2.1 99.9% Purity
5.2.2 99.99% Purity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Vacuum Salt Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Purity Vacuum Salt Market Size Forecast by Applications
6.2.1 Chlorate Industry
6.2.2 Textile Industrial
6.2.3 Oil and Gas
6.2.4 Water Softening
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Vacuum Salt Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Vacuum Salt Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Purity Vacuum Salt Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Vacuum Salt Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Purity Vacuum Salt Market Size Forecast by Type
9.6.1 99.9% Purity
9.6.2 99.99% Purity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Purity Vacuum Salt Market Size Forecast by Applications
9.10.1 Chlorate Industry
9.10.2 Textile Industrial
9.10.3 Oil and Gas
9.10.4 Water Softening
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Purity Vacuum Salt Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Vacuum Salt Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Purity Vacuum Salt Market Size Forecast by Type
10.6.1 99.9% Purity
10.6.2 99.99% Purity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Purity Vacuum Salt Market Size Forecast by Applications
10.10.1 Chlorate Industry
10.10.2 Textile Industrial
10.10.3 Oil and Gas
10.10.4 Water Softening
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Purity Vacuum Salt Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Vacuum Salt Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Purity Vacuum Salt Market Size Forecast by Type
11.6.1 99.9% Purity
11.6.2 99.99% Purity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Purity Vacuum Salt Market Size Forecast by Applications
11.10.1 Chlorate Industry
11.10.2 Textile Industrial
11.10.3 Oil and Gas
11.10.4 Water Softening
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Purity Vacuum Salt Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Vacuum Salt Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Purity Vacuum Salt Market Size Forecast by Type
12.6.1 99.9% Purity
12.6.2 99.99% Purity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Purity Vacuum Salt Market Size Forecast by Applications
12.10.1 Chlorate Industry
12.10.2 Textile Industrial
12.10.3 Oil and Gas
12.10.4 Water Softening
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Purity Vacuum Salt Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Vacuum Salt Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Purity Vacuum Salt Market Size Forecast by Type
13.6.1 99.9% Purity
13.6.2 99.99% Purity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Purity Vacuum Salt Market Size Forecast by Applications
13.10.1 Chlorate Industry
13.10.2 Textile Industrial
13.10.3 Oil and Gas
13.10.4 Water Softening
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Vacuum Salt Market: Competitive Dashboard
14.2 Global High Purity Vacuum Salt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nouryon
14.3.2 K+S
14.3.3 Tata Chemicals
14.3.4 British Salt
14.3.5 Benetec
14.3.6 China Salt Jintan
14.3.7 EM Salt Group
14.3.8 Nouryon
