Acetate Salt Market - Segmented by Type, End-User
Industry and Geography - Trends and Forecasts (2018-2026)
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.
Market Dynamics
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.
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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.
Opportunities and Major Players
Sodium acetate is used to neutralize the sulfuric acid from waste pipes in the
textile industry. Burgeoning growth of the textile industry, especially in Asia
Pacific is expected to boost growth of the market over the forecast period.
The market of acetate salt is highly fragmented, with the presence of only few
global players. Majority of the players in this market are local players, with
better access to distribution in their local market.
Major companies dominating this market for its products, services, and
continuous product developments are:
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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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Acetate Salt Market report categorizes global market by Type, End-User and Geography - Trends and Forecasts (2016-2024)