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Global Acetate Salt Market production, growth, share, demand and applications forecast to 2026

12-09-2020 08:28 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Global Acetate Salt Market

Global Acetate Salt Market

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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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..

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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Major companies dominating this market for its products, services, and continuous product developments are:

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.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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