Acetate Salt Market Growth by Key Players: Allan Chemical Corporation, NOAH Technologies Corporation, CABB GmbH, Niacet Corporation, Chang Shu Nan Hu Chemical Co., Ltd., Jost Chemicals
Global Acetate Salt Market is likely to witness moderate gains in terms of volume during the forecast period. Healthy growth of this market is attributed to its extensive use in pharmaceutical and chemical industry in different forms. Furthermore, its usa
(EMAILWIRE.COM, August 08, 2018 ) Asia Pacific accounts for significant share in terms of volume in acetate salt market owing to its flourishing textile, paints, agriculture and chemical industry. Countries such as India and China are developing in chemical and pharmaceutical industry due to the establishment of numerous foreign companies. Positive outlook of these industries will keep the region dominant in coming years. North America is a substantial contributor in the global acetate salt market due to its well established pharmaceutical industry. Moreover, textile industry is flourishing at a rapid pace in the U.S. due to improved living standard and rising income levels of youth in this country.
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Global Acetate Salt Market size is likely to witness moderate gains in terms of volume during the forecast period. Healthy growth of this market is attributed to its extensive use in pharmaceutical and chemical industry in different forms. Furthermore, its usage is increasing in water treatment industry.
Acetate salt has major application in pharmaceutical industry, as a result its market has grown at a significant pace in recent years. Pharmaceutical manufacturing is booming in developing countries like China and India due to favouring government policies for their establishment. Collaboration of different companies with established organisations such as Emcure, Centaur, Ranbaxy, Cipla had developed this industry with regards to technological advancements. Thus, enhancing pharmaceutical industry is the major driving factor for acetate salt market.
Biotechnology industry has emerged extensively in last decade and continuous research and development activities are being carried out in this field. Acetate salt is used in this industry to manufacture protein based drugs. Moreover, biotechnology is the need of the day due to its application in various fields like agriculture, chemical laboratories, botany etc. This technology is used in agriculture to improve the yield of crops and soil fertility. Further, growing biotechnology industry leads to the upliftment of acetate salt market.
There exist many substitutes of acetate salt which are easily available in the market. Further, these substitutes are available at a much affordable price than acetate salt. Thus, these alternatives can hamper growth of the market in the forecast period.
Based on product type, acetate salt market is segmented as potassium acetate, zinc acetate, calcium acetate, sodium acetate and others. As per the applications, market is divided into water treatment, drugs manufacturing, etc. On the basis of end-user industry, the global acetate salt market is bifurcated as Pharmaceuticals industry, Chemical industry, Biotechnology industry, etc.
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These factors have made North America a consistent region in the market. Infrastructural development in Europe has led to escalating construction activities, especially in Germany, Spain and Italy. This has increased paints & coating consumption, resulting in growing usage of acetate salt. MEA and Latin America are at a nascent stage in this market but is anticipated to witness a modest growth during the forecast period.
Top key players:
The key players manufacturing acetate salt are Amresco LLC, Avantor Performance Materials, J.M. Loveridge Ltd., Alfa Aesar, Solvay, Merck Millipore. There are many other manufacturers in the market that includes Dow Chemicals, Allan Chemical Corporation, NOAH Technologies Corporation, CABB GmbH, Niacet Corporation, Chang Shu Nan Hu Chemical Co., Ltd., Jost Chemicals.
Market share calculation in this report is not done based on companies covered in it. The calculation of acetate salt market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Browse Related Report: https://www.gminsights.com/pressrelease/dipentene-market
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1326
Global Acetate Salt Market size is likely to witness moderate gains in terms of volume during the forecast period. Healthy growth of this market is attributed to its extensive use in pharmaceutical and chemical industry in different forms. Furthermore, its usage is increasing in water treatment industry.
Acetate salt has major application in pharmaceutical industry, as a result its market has grown at a significant pace in recent years. Pharmaceutical manufacturing is booming in developing countries like China and India due to favouring government policies for their establishment. Collaboration of different companies with established organisations such as Emcure, Centaur, Ranbaxy, Cipla had developed this industry with regards to technological advancements. Thus, enhancing pharmaceutical industry is the major driving factor for acetate salt market.
Biotechnology industry has emerged extensively in last decade and continuous research and development activities are being carried out in this field. Acetate salt is used in this industry to manufacture protein based drugs. Moreover, biotechnology is the need of the day due to its application in various fields like agriculture, chemical laboratories, botany etc. This technology is used in agriculture to improve the yield of crops and soil fertility. Further, growing biotechnology industry leads to the upliftment of acetate salt market.
There exist many substitutes of acetate salt which are easily available in the market. Further, these substitutes are available at a much affordable price than acetate salt. Thus, these alternatives can hamper growth of the market in the forecast period.
Based on product type, acetate salt market is segmented as potassium acetate, zinc acetate, calcium acetate, sodium acetate and others. As per the applications, market is divided into water treatment, drugs manufacturing, etc. On the basis of end-user industry, the global acetate salt market is bifurcated as Pharmaceuticals industry, Chemical industry, Biotechnology industry, etc.
Request for customization of this report @ https://www.gminsights.com/roc/1326
These factors have made North America a consistent region in the market. Infrastructural development in Europe has led to escalating construction activities, especially in Germany, Spain and Italy. This has increased paints & coating consumption, resulting in growing usage of acetate salt. MEA and Latin America are at a nascent stage in this market but is anticipated to witness a modest growth during the forecast period.
Top key players:
The key players manufacturing acetate salt are Amresco LLC, Avantor Performance Materials, J.M. Loveridge Ltd., Alfa Aesar, Solvay, Merck Millipore. There are many other manufacturers in the market that includes Dow Chemicals, Allan Chemical Corporation, NOAH Technologies Corporation, CABB GmbH, Niacet Corporation, Chang Shu Nan Hu Chemical Co., Ltd., Jost Chemicals.
Market share calculation in this report is not done based on companies covered in it. The calculation of acetate salt market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Browse Related Report: https://www.gminsights.com/pressrelease/dipentene-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results