Acetate Salt Market - To Grow in the Coming Years, New Research explores Factors Responsible

Acetate salts are clear and colorless crystals or liquid (in aqueous form) derived from acetic acid. Acetate salts are low toxic compounds that provide good buffering properties—ability to maintain solutions at relatively constant pH despite changes in acid or base concentration. These salts are extensively utilized in various end user industries such as pharmaceuticals, food processing, and water treatment industries, among others.

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Global Key Players:
Jost Chemicals,Dow Chemicals Company,Shepherd Chemical Company,Karn Chem Corporation,Chang Shu Nan Hu Chemical Co., Ltd.,Wuxi Yangshan Biochemical,NOAH Technologies Corporation,Allan Chemical Corporation,CABB GmbH,Nantong Zhongwang Additives Co., Ltd,Shanxi FanRongFu Chemical Factory,Niacet Corporation,FRP Services & Company,Merck Millipore,Avantor Performance Materials,Solvay,Alfa Aesar,M. Loveridge Ltd.,Amresco LLC.

Market Dynamics

The global market for acetate salts is primarily driven by growing demand of food, chemicals and construction industry. It is used to neutralize sulfuric acid in the textile industry. Moreover it is used as a barrier to water in the concrete structures across the globe.

Other factors including rapid depletion of fresh water reserves in countries in Asia Pacific and the Middle East fueling demand for acetate salt for water treatment, to recover magnesium salt from brine and aluminum salt from aluminum hydroxide by various industries to reduce investment made for raw water treatment equipment installation.. Moreover with the increase in population and growing urbanization, rapid adoption of frozen and canned food demand increasing across the globe..

Regional Analysis

The market has been geographically segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In terms of consumption in 2016, North America dominated the market, followed by Asia Pacific, and Europe, respectively. Highly advanced pharmaceuticals industry and widespread presence of superior quality of water treatment solutions in North America makes it the largest acetate salt market. Furthermore, high consumption of frozen and canned food in the region is a major factor driving growth of the acetate salt market in North America.

Market Segmentation

Acetate salts are essential products for general, as well as industrial purposes. In the report, the acetate salt market is segmented on the basis of product type and end user industry. They are further segmented as follows:
• By product type, the market has been segmented into
◦ Sodium acetate
◦ Calcium acetate
◦ Zinc acetate
◦ Potassium acetate
◦ Others
• By end-user industry, the market has been segmented into
◦ Pharmaceutical
◦ Food Processing
◦ Water Treatment
◦ Petrochemical
◦ Cosmetic
◦ Others (Construction and Textile industries)

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This release was published on openPR.