Market Overview:
The global inorganic salt market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for inorganic salts from various applications such as agrochemicals, food, healthcare, cement manufacturing and others. In addition, the growing population and rising income levels are also contributing to the growth of this market. However, factors such as volatility in prices of raw materials and stringent government regulations may hamper the growth of this market during the forecast period. On basis of type, sodium salts accounted for majority share in 2017 and is projected to maintain its dominance during forecast period owing to its widespread use across various applications. Magnesium salts are projected to be fastest growing type segment due their increasing demand from end-use industries such as agrochemicals and food industry. On basis of application, agrochemicals accounted for largest share in 2017 followed by food industry owingto their widespread use across various geographies worldwide . Healthcare sector is projectedto be fastestgrowing application segment dueits increasing adoptionfor treatment purposes .
Product Definition:
Inorganic salt is a type of salt that is composed of inorganic materials. This type of salt is used to make chemical reactions occur and it also helps to control the pH levels in a solution. Inorganic salts are also responsible for transporting ions throughout a solution.
Sodium Salts:
Sodium salts is a chemical compound, which consists of an ion and an organic compound. The most common form of sodium salt is table salt, or sodium chloride. Sodium chloride can be found in nature as tears or sweat of people who cry or workout in the sun for a long time; it also exists in seawater and rock deposits.
Magnesium Salts:
Magnesium salts are a group of minerals that contain magnesium and different types of other elements such as calcium, sodium, potassium, etc. Magnesium sulfate contains magnesium ion (III) and it's commonly called as magnesia. It is a white crystalline compound usually available in the form of anhydrous powder but sometimes also exists in the form of chlorides & oxides.
Application Insights:
The global inorganic salt market has been segmented on the basis of application into agrochemicals, food, healthcare, cement manufacturing and others. The healthcare application segment is projected to witness a CAGR of XX% over the forecast period owing to increasing demand for inorganic salts for various applications such as water treatment and ice harvesting. In addition, rising awareness regarding healthy lifestyle practices coupled with an increase in disposable income levels across developing countries is expected to drive the demand for health & hygiene products which will further augment growth over the coming years.
The food processing industry utilizes sodium chloride (NaCl) as one of its key ingredients along with other additives that help enhance product quality and nutritional content. Furthermore, growing consumption of processed foods particularly among urban consumers is anticipated to fuel industry expansion during the forecast period significantly contributing towards regional growth over next few years.
Regional Analysis:
Asia Pacific dominated the global inorganic salt market in 2016 and is expected to continue its dominance over the forecast period. The presence of emerging economies such as China, India, and Japan has been driving regional growth. Increasing industrialization coupled with growing population has resulted in rising demand for food products which is likely to drive product demand from agriculture sector.
China was one of the largest producers as well as consumers of these salts with production estimated at around 9 million tons and consumption estimated at around 11 million tons respectively. In addition, increasing investments by domestic manufacturers are anticipated to boost production levels over the next eight years thereby supporting industry growth in Asia Pacific region.
Growth Factors:
- Increasing demand from the end-use industries such as food & beverage, personal care, and pharmaceuticals.
- Growing awareness about the benefits of inorganic salts among consumers.
- Rising investments by manufacturers in R&D to develop new and innovative products.
- Expansion of distribution channels across different regions worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Inorganic Salt Market Research Report
By Type
Sodium Salts, Magnesium Salts, Calcium Salts, Potassium Salts, Ammonium Salts, Others
By Application
Agrochemicals, Food, Healthcare, Cement Manufacturing, Others
By Companies
Merck KGaA, Thermo Fisher Scientific Inc., Laxness, BEHN MEYER, Eastman Chemical Company, LobaChemie Pvt. Ltd, LobaChemie Pvt. Ltd, Emerald Performance Materials, Lenntech, Arkema
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Inorganic Salt Market Report Segments:
The global Inorganic Salt market is segmented on the basis of:
Types
Sodium Salts, Magnesium Salts, Calcium Salts, Potassium Salts, Ammonium Salts, Others
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
Agrochemicals, Food, Healthcare, Cement Manufacturing, Others
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:
- Merck KGaA
- Thermo Fisher Scientific Inc.
- Laxness
- BEHN MEYER
- Eastman Chemical Company
- LobaChemie Pvt. Ltd
- LobaChemie Pvt. Ltd
- Emerald Performance Materials
- Lenntech
- Arkema
Highlights of The Inorganic 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:
- Sodium Salts
- Magnesium Salts
- Calcium Salts
- Potassium Salts
- Ammonium Salts
- Others
- By Application:
- Agrochemicals
- Food
- Healthcare
- Cement Manufacturing
- Others
- 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 Inorganic 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?
Inorganic salt is a type of salt that does not contain any organic molecules.
Some of the key players operating in the inorganic salt market are Merck KGaA, Thermo Fisher Scientific Inc., Laxness, BEHN MEYER, Eastman Chemical Company, LobaChemie Pvt. Ltd, LobaChemie Pvt. Ltd, Emerald Performance Materials, Lenntech, Arkema.
The inorganic salt market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Inorganic Salt Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Inorganic Salt Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Inorganic Salt Market - Supply Chain
4.5. Global Inorganic Salt Market Forecast
4.5.1. Inorganic Salt Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Inorganic Salt Market Size (000 Units) and Y-o-Y Growth
4.5.3. Inorganic Salt Market Absolute $ Opportunity
5. Global Inorganic Salt Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Inorganic Salt Market Size and Volume Forecast by Type
5.3.1. Sodium Salts
5.3.2. Magnesium Salts
5.3.3. Calcium Salts
5.3.4. Potassium Salts
5.3.5. Ammonium Salts
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Inorganic Salt Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Inorganic Salt Market Size and Volume Forecast by Application
6.3.1. Agrochemicals
6.3.2. Food
6.3.3. Healthcare
6.3.4. Cement Manufacturing
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Inorganic Salt Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Inorganic Salt Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Inorganic Salt Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Inorganic Salt Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Inorganic Salt Demand Share Forecast, 2019-2029
9. North America Inorganic Salt Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Inorganic Salt Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Inorganic Salt Market Size and Volume Forecast by Application
9.4.1. Agrochemicals
9.4.2. Food
9.4.3. Healthcare
9.4.4. Cement Manufacturing
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Inorganic Salt Market Size and Volume Forecast by Type
9.7.1. Sodium Salts
9.7.2. Magnesium Salts
9.7.3. Calcium Salts
9.7.4. Potassium Salts
9.7.5. Ammonium Salts
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Inorganic Salt Demand Share Forecast, 2019-2029
10. Latin America Inorganic Salt Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Inorganic Salt Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Inorganic Salt Market Size and Volume Forecast by Application
10.4.1. Agrochemicals
10.4.2. Food
10.4.3. Healthcare
10.4.4. Cement Manufacturing
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Inorganic Salt Market Size and Volume Forecast by Type
10.7.1. Sodium Salts
10.7.2. Magnesium Salts
10.7.3. Calcium Salts
10.7.4. Potassium Salts
10.7.5. Ammonium Salts
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Inorganic Salt Demand Share Forecast, 2019-2029
11. Europe Inorganic Salt Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Inorganic Salt Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Inorganic Salt Market Size and Volume Forecast by Application
11.4.1. Agrochemicals
11.4.2. Food
11.4.3. Healthcare
11.4.4. Cement Manufacturing
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Inorganic Salt Market Size and Volume Forecast by Type
11.7.1. Sodium Salts
11.7.2. Magnesium Salts
11.7.3. Calcium Salts
11.7.4. Potassium Salts
11.7.5. Ammonium Salts
11.7.6. Others
11.8. Basis Point Sare (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Inorganic Salt Demand Share, 2019-2029
12. Asia Pacific Inorganic Salt Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Inorganic Salt Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Inorganic Salt Market Size and Volume Forecast by Application
12.4.1. Agrochemicals
12.4.2. Food
12.4.3. Healthcare
12.4.4. Cement Manufacturing
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Inorganic Salt Market Size and Volume Forecast by Type
12.7.1. Sodium Salts
12.7.2. Magnesium Salts
12.7.3. Calcium Salts
12.7.4. Potassium Salts
12.7.5. Ammonium Salts
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Inorganic Salt Demand Share, 2019-2029
13. Middle East & Africa Inorganic Salt Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Inorganic Salt Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Inorganic Salt Market Size and Volume Forecast by Application
13.4.1. Agrochemicals
13.4.2. Food
13.4.3. Healthcare
13.4.4. Cement Manufacturing
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Inorganic Salt Market Size and Volume Forecast by Type
13.7.1. Sodium Salts
13.7.2. Magnesium Salts
13.7.3. Calcium Salts
13.7.4. Potassium Salts
13.7.5. Ammonium Salts
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Inorganic Salt Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Inorganic Salt Market: Market Share Analysis
14.2. Inorganic Salt Distributors and Customers
14.3. Inorganic Salt Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Merck KGaA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Thermo Fisher Scientific Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Laxness
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BEHN MEYER
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eastman Chemical Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LobaChemie Pvt. Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LobaChemie Pvt. Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Emerald Performance Materials
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lenntech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Arkema
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
