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Global Ammonium Chloride Market Assessment and Revenue Gains of Key Players Forecasted during 2018-2028
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This odourless salt has several applications. It is used in pyrotechnics, medicine, as a component in metal work, in the food industry and in zinc carbon batteries. Ammonium chloride mostly used to provide nitrogen in fertilizers for rice and wheat crops. It can also be used as an ingredient in fireworks, contract explosives and safety matches. In pharmacokinetics, ammonium chloride is completely absorbed from the GI tract for a period of five hours post ingestion. In different industries, it can be used as a flux for metal oxide as well as a remover of soldering. However, the usage of ammonium chloride in medical treatment without consulting a physician is likely to result in some side effects in the human body, which include vomiting, lethargy, headache, irritation, anorexia and other ailments. For preparing metals to be in tin coated, soldered or galvanized ammonium chloride can be used as a flux. In the food industry, ammonium chloride can be used as a food additive. It can be used in personal care products such as hair colour & bleach, shampoo, facial cleaners, conditioner, hand & dish washing detergents and bath oils.
Ammonium Chloride Market - Dynamics:
The ammonium chloride market is growing due to the growth of various industries such as food, medical, agriculture, textiles and pharmaceuticals. Ammonium chloride can be used for the preparation of metals, for the covering of tins and welding. It is very useful in the medical field for different treatments. In the current market, ammonium chloride can be used for the preparation of various products such as material printing, colouring, hair care products, fabrication and in zinc carbon batteries. Nowadays, ammonium chloride is a very valuable inorganic material that has supported different business areas to a substantial degree. It can also use for extinguishing fire, the manufacturing of printed circuits and as an explosive in minerals. The increasing demand for ammonium chloride can be attributed to the rapid growth of various industries and population, and it is expected to continue growing in the coming years.
Ammonium Chloride Market - Regional Outlook:
The ammonium chloride market is estimated to grow at a robust CAGR during the forecast period of 2018 – 2025, considering 2017 as the base year. North America was the prominent revenue-generating region in the industrial products market in 2017. Europe is expected to be the prominent revenue-generating region by 2020. The ammonium chloride market in other regions is also growing.
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Ammonium Chloride Market – Key Participants:
Some of the major players in the ammonium chloride market are Dallas Group of America; BASF SE; Central Glass Co. Ltd.; Jiangsu Debang Chemical Industry Group Co. Ltd.; CNSG Anhui Hong Sifang Co. Ltd.; Jiangsu Huachang Chemical Co. Ltd. and Dahua (Group) Co., Ltd.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint.
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