Press release
Inorganic Salts Market Trends and Growth Forecast 2026-2030: Regional Insights and Size Evaluation
The global inorganic salts market is witnessing steady growth, fueled by rising consumption of dietary supplements and expanding applications across multiple industries.According to a report published by Allied Market Research, titled "Inorganic Salts Market by Type (Sodium Salts, Magnesium Salts, Calcium Salts, Potassium Salts, and Ammonium Salts) and End-use Industry (Agriculture, Pharmaceuticals, Construction, Rubber Processing, Food, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030)", the market was valued at $92.2 billion in 2020 and is projected to reach $150.7 billion by 2030, growing at a CAGR of 5.1% from 2021 to 2030.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A15092
Market Drivers and Opportunities:
The growth of the inorganic salts market is primarily driven by the increasing use of dietary supplements and the expanding role of inorganic salts across industries such as agriculture, pharmaceuticals, construction, and food processing. However, certain health and environmental concerns pose challenges to market expansion. On the positive side, the growing demand for antacids and mineral-based formulations is expected to open new growth avenues for industry participants in the coming years.
Segment Insights:-
By Type:
- The sodium salts segment accounted for the largest market share in 2020, contributing nearly three-fifths of the total market revenue. Their extensive applications across diverse sectors support this dominance.
- The calcium salts segment is anticipated to register the fastest CAGR of 5.9% during the forecast period, driven by increasing demand in dietary supplements and bone health products.
By End-use Industry:
- The agriculture segment held the largest share in 2020, accounting for more than two-fifths of the global market, due to the widespread use of inorganic salts in enhancing soil nutrients and crop productivity.
- The pharmaceuticals segment is projected to grow at the fastest CAGR of 6.0% from 2021 to 2030, as many pharmaceutical compounds are converted into sodium salts to enhance stability, solubility, and bioavailability.
Regional Analysis:
- The Asia-Pacific region dominated the global inorganic salts market in 2020, accounting for more than two-fifths of the total share, followed by North America. The region is also expected to register the fastest CAGR of 5.6% during the forecast period. Strong demand from countries such as China, India, and ASEAN nations driven by rapid industrialization and agricultural expansion continues to support regional growth.
Key Market Players:-
Leading companies operating in the global inorganic salts market include:
- Eastman Chemical Company
- BEHN MEYER
- GFS Chemicals, Inc.
- Lanxess
- Lenntech
- LobaChemie Pvt. Ltd.
- Merck KGaA
- Otsuka Chemical Co., Ltd.
- Emerald Performance Materials
- Thermo Fisher Scientific Inc.
These players are focusing on product innovation, strategic collaborations, and geographic expansion to strengthen their market presence and capitalize on emerging opportunities.
Obtain Report Details: https://www.alliedmarketresearch.com/inorganic-salts-market-A15092
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About Us
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.
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