TechNavio today launched its report, Global Salt Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s team said: ”The Global Salt market is expected to grow at steady rate during the forecast period, and a number of mergers and acquisitions and strategic alliances are expected to take place in the market during the forecast period in order to access the untapped market. Many large vendors and emerging contenders in the Global Salt market are looking at mergers and acquisitions as a means to enhance their market presence. Major players such as K+S AG, China National Salt Industry, and Compass Minerals International are trying to increase their market share through creating alliances with regional, small and large companies. This strategy also enhances their distribution channels and improves their market reach. Thus, while mergers and acquisitions help companies remain competitive in the market, it also leads to consolidation in the market.”
According to the report, the Chemical Processing industry holds a large share in the Salt markets across all major geographies and this industry is growing at a fast rate. However, the Global Salt market receives most of its revenue from the APAC region, which received salt shipments of 89 million metric tons in 2012. In this region, China is experiencing high growth in its Chemical Processing industry. It is expected that China will be the key growth driver in the Global Salt market during the period 2012-2016 because the country needs a large quantity of salt for its Chemical Processing industry.
Further, the report reveals that the flat growth rate of the salt markets in developed countries is one of the major challenges confronting the Global Salt market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-salt-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our other market research, please visit https://www.technavio.com/others
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TechNavio Announces the Publication of its Research Report – Global Salt Market 2012-2016
