Global Vacuum Salt Market: High Demand from Food Industry to Continue to Drive Demand, says TMR

Vacuum salt or refined rock salt is 99.9% pure sodium and its purity is the major driver for its high demand. The global vacuum salt market is growing on account of its preference across various industrial applications and use in food industry. There is a constant demand for high quality, pure salt in the food industry and this is estimated to boost the global vacuum salt industry towards growth. Transparency Market Research (TMR) in its latest report, studies the global vacuum salt market. The report is titled “Vacuum Salt Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 Top of Form.”

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The report is a comprehensive analysis of the various factors driving and challenging the market. It also studies the impact analysis of these drivers and restraints. Key segments of the global vacuum salt market are studied and leading and fastest growing segments are revealed. The report also studies the market from the global as well as regional perspective. Key regions studied in the market include: Europe, Asia Pacific, North America, and the Rest of the World. The degree of competition, buyer and supplier bargaining power as well as the threat of substitutes have been discussed. The entry barriers faced by new entrants are also studied in detail. Thus, the report is a valuable resource for existing as well as new players in the market.

According to the lead author of this report, the emerging nations such as India and China in Asia Pacific have a flourishing chemical manufacturing industry and this is expected to drive the demand for vacuum salt in the period from 2016 to 2024. On the other hand, the process of vacuum salt extraction is monitored closely, which could pose a challenge for the growth of the market. The steam required for the evaporation is to be done as per IPPC regulations, which is also a problem for manufacturers. Manufacturers are seeking to monitor and maximize energy efficiency as users are inclined towards using salt that has optimal energy impact. Rock salt mining does not require energy input unlike vacuum salt refining and this is another factor hampering the demand and growth of the market.

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The report profiles key players operating in the global vacuum salt market to give readers information such as strategies adopted by key players, challenges faced by them, and their expansion strategies such as mergers and acquisitions. Some of the players studied in the report include: AkzoNobel (Jozo Salt), Tata Chemicals Limited, British Salt, Italkali, Cargill, Atisale S.p.A, Ineos Salt, Amra Salt, European salt company, and Wilson Salt Ltd.

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