Global Salt Market 2018-2022: Rising Demand for Salt from Chemical Intermediates is Anticipated to Drive the Global Salt Market


Dublin, Jan. 16, 2018 (GLOBE NEWSWIRE) -- The "Global Salt Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global salt market to grow at a CAGR of 1.97% during the period 2018-2022.

Global Salt Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers for this market is increasing production of chlor-alkali chemicals. Chlor-alkali refers to scientific procedures utilized for manufacturing caustic soda, chlorine, and other sodium and chlorine-based derivatives or products such as bleaching powder, sodium hypochlorite, chlorinated paraffin, hydrochloric acid, and hydrogen gas. Salt is used in the manufacturing of chlor-alkali products such as soda ash, chlorine, and caustic soda. These chlor-alkali products are ongrAly, used in the production of glass, PVC, detergents, dyes, and soaps.

The global chloro-alkali market is projected to grow at a CAGR of 5.4% during the forecast period. Hence, the rising demand for salt from chemical intermediates is anticipated to drive the global salt market.

The latest trend gaining momentum in the market is ban on use of aluminum salt in deodorants. Aluminum salts are active ingredients which are used in the manufacturing of various antiperspirants and deodorants. These products help prevent excessive sweating and body odor. Aluminum salts absorb sweat and block sweat glands. However; these chemicals take away moisture levels of the skin also.

A recent study pointed out that breast tissue accumulation in humans was a side-effect of regular usage of deodorants. Most deodorant and antiperspirant products contain a cancer-causing chemical derived from aluminum salts. Switzerland is the first country to ban deodorants that contain aluminum salt. This will trigger cancer to metastasize in other parts of the body. It has been warned that people, especially women, should avoid using products that contained aluminum salts. Many recent studies on the use of antiperspirant or deodorants have shown evidence linking to breast cancer.

Key vendors

  • Akzo Nobel
  • Cargil
  • Compass Minerals
  • INEOS
  • K+S
  • Solvay

Other prominent vendors

  • China National Salt Industry
  • CIECH GROUP
  • Atisale
  • LEMAR

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation By Type

Part 09: Market Segmentation By Application

Part 10: Customer Landscape

Part 11: Regional Landscape

Part 12: Decision Framework

Part 13: Drivers And Challenges

Part 14: Market Trends

Part 15: Vendor Landscape

Part 16: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/m9rvbj/global_salt?w=12


            

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