Impact of Covid-19 Global Salt Hydrate Market with Top Keyplayers -BASF, E.I. du Pont de Nemours & Company, Honeywell International, Dow Building Solutions

Salt hydrate is defined as a crystalline form of salt which is linked to some specific number of water molecules. This could be found naturally occurring in the environment or can be artificially synthesized. Salt hydrate is primarily employed in various application segments including energy, advanced phase change materials, construction, and others.

The rise in the number of cold supply chain facilities and warehouses is a key driving factor which expected to boost the global salt hydrate market growth over the forecast period. The increase in the food & beverage production across various regions which is expected to push the demand for cold chain facilities and warehouses will positively influence the market growth. With the number of cold supply chain facilities, the demand for salt hydrate based phase change materials also anticipated to propel the global salt hydrate market growth during this forecast period. The salt hydrate is one of the most promising cold storage media for air conditioning systems & heating and cooling applications due to their high energy storage density & capacity to store energy at a near constant temperature.

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Environmental hazards associated with several salt hydrate is a major restraint which expected to hamper the global salt hydrate market growth during this forecast timeline.

Market Segmentation

The Global Salt Hydrate Market is segmented into type such as Copper salt (Cupric Sulfate, and Copper Sulfate), Table salt. Further, market is segmented into end user such as Building & Construction, Pharmaceutical, Food & Beverages, Electronics, and Others.

Also, the Global Salt Hydrate Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as BASF, E.I. du Pont de Nemours & Company, Honeywell International, Dow Building Solutions, Phase Change Products Pty Ltd, Rubitherm Technologies GmbH, etc.

Market Taxonomy

By Type

• Copper salt
o Cupric Sulfate
o Copper Sulfate
• Table salt

By End User

• Building & Construction
• Pharmaceutical
• Food & Beverages
• Electronics
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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Vishal Thakur
Research Support Specialist
QualiKet Research
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This release was published on openPR.