Inorganic Salts Market Report

The global Inorganic Salts market is likely to benefit from growing demand from end-user industries including agriculture, agrochemical, chemical manufacturing, healthcare, and construction. Inorganic Salts are available in different forms including crystals, granules, powder, pellets, and lumps for various applications. Additionally, they differ from each other in respect of chemical and physical properties. Usage of Inorganic Salts as an antacid is increasing in the pharmaceutical industry. The agriculture industry makes use of Inorganic Salts to enhance the nutrient content and raise the overall productivity.

Manufacturers to Introduce Inorganic Pharmaceutical Salts to Meet the Growing Demand

Eastman Chemical Company, Behn Meyer, Hebei Yatai Electrochemistry Co., Ltd., Lanxess AG, Arkema SA, Thermo Fisher Scientific Inc., Otsuka Chemical Co Ltd, and Loba Chemie are some of the key manufacturers studied in this report. Key players are coming up with novel inorganic pharmaceutical salts to meet the growing demand of the pharmaceutical industry.

For instance, Thermo Fisher Scientific Inc. has recently introduced inorganic salts including Citric Acid Anhydrous, Citric Acid Monohydrate, Sodium Benzoate, Potassium Chloride, Sodium Citrate Dihydrate, and Calcium Chloride Dihydrate IP. These Inorganic Salts can be used in manufacturing of pharmaceutical products. These products are supported by regulatory documentation, along with relevant certification.

Biotechnology to Open Growth Opportunities for the Inorganic Salts Market

Biotechnology is expected to open up novel avenues for the Inorganic Salts market. Furthermore, extensive research in chemicals is also likely to foster the Inorganic Salts market growth. Surge in the demand for Inorganic Salts among various end-user industries such as agriculture, agrochemical, healthcare, and construction is one of the key factors driving the Inorganic Salts market. Inorganic Salts are gaining widespread application in the chemical manufacturing industries.

Market Segmentation

By Product Type

●  Ammonium salts

●  Sodium salts

●  Calcium salts

●  Magnesium salts

●  Potassium salts

●  Others

By Application

●  Chemical

●  Food

●  Fertilizer

●  Construction

●  Healthcare

●  Others

The market researchers have anticipated that the demand for calcium salts is expected to increase in the coming years. Magnesium salts are expected to gain traction as an antacid and Epsom salt in the pharmaceutical and cement manufacturing industries, respectively. Moreover, magnesium salts are used for removing the lead toxicity. The application of Inorganic Salts is expected to increase in chemical manufacturing industries in the years to come. These salts are also used as a soil fertilizer as they enhance soil nutrient content.

By Region

Surge in the utilization of agrochemicals and fertilizers in farming in countries such as China and India could support the Inorganic Salts market growth in Asia Pacific. China is considered one of the largest consumers of Inorganic Salts, particularly due to its well-established chemical industry. This is eventually influencing the Asia Pacific market growth to a great extent. Developed healthcare industry in North America is driving the demand for Inorganic Salts, thereby boosting the Inorganic Salts market growth. Europe is also likely to emerge as a lucrative regional market in the years to come.

The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.

Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.