Increase in usage of dietary supplements and rise in applications of inorganic salts drive the growth of the global inorganic salts market.
According to the report published by Allied Market Research, the global inorganic salts market was estimated at $92.2 billion in 2020 and is expected to hit $150.7 billion by 2030, registering a CAGR of 5.1% from 2021 to 2030.
To know about the assumptions considered for the study download the pdf brochure: https://www.alliedmarketresearch.com/request-sample/15461
COVID-19 impact analysis
The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The inorganic salts market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the inorganic salts market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the inorganic salts market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.
The agriculture segment contributed to the lion’s share in 2020, holding more than two-fourths of the global inorganic salts market. This is owing to the use of inorganic salts in improving the soil nutrients. However, the pharmaceuticals segment is projected to manifest the fastest CAGR of 6.0% from 2021 to 2030. This is because pharmaceutical substances are often converted into sodium salts because they are more stable and more soluble or bioavailable.
Planning to lay down future strategy? Speak with an Analyst to learn more: https://www.alliedmarketresearch.com/connect-to-analyst/15461
Some ruling enterprises in the global inorganic salts market are examined in the report along with the citation of innovative product launches by them, their collaborative undertakings & endeavors, several merges & acquisitions, and many more. The frontrunners operating in the global inorganic salts industry include Eastman Chemical Company, BEHN MEYER, GFS Chemicals, Inc., Lanxess, Lenntech, LobaChemie Pvt. Ltd.
The market across Asia-Pacific, followed by North America, dominated in 2020, garnering more than two-fifths of the global inorganic salt market. The same region is also expected to cite the fastest CAGR of 5.6% throughout the forecast period. The demand for inorganic salts in Asia-pacific is mainly driven by China, India, and ASEAN countries, which are experiencing substantial growth in the applications.
Major Inclusions-
- Qualitative as well as quantitative assessment of the market on the basis of the detailed categorization involving both the economic and non-economic factors.
- Analysis at country and regional level, which portrays the share of the product or service in different regions.
- Elaborative company profiles section, which provides different pointers such as key executives, business enactment, company overview, product/service portfolio, R&D expenditure, current scenario, and prime strategies of the key market players.
- The forecasted market outlook of the inorganic salts market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
- The COVID-19 impact on the inorganic salts market
- Post-sales support and free customization
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/inorganic-salts-market/purchase-options
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web:https://www.alliedmarketresearch.com