Why are Sales of Inorganic Salts Soaring in Asia-Pacific?

With the mushrooming consumption of salt, expansion of the agrochemical industry, and surging application pool of inorganic salts in the chemical producing industry, the worldwide demand for inorganic salts is soaring. Inorganic salts are heavily required in the chemicals industry, as they are needed for use as the primary feedstock in the production of synthetic soda ash and chlor alkali. Moreover, inorganic salts, such as magnesium oxides are extensively used as antacids in the pharmaceutical sector and also as ‘epsom’ salts in the cement manufacturing sector.

Additionally, inorganic salts, such as calcium salts, zinc salts and nitrates, and ammonium phosphate are heavily used as fertilizers in agricultural processes, owing to their ability to enrich soil nutrients. Furthermore, zinc oxide is an important component for the vulcanization of rubber during rubber processing. Inorganic salts are also used as catalysts in animal feed in small portions. Due to these factors, the demand for inorganic salts is surging sharply across the world, which is causing the expansion of the global inorganic salts market.

Geographically, the demand for inorganic salts was found to be the highest in the Asia-Pacific (APAC) region in the years gone by. In this region, China is currently the largest consumer of these salts, primarily because of the expansion of the chemical industry in the country. In addition, the surging construction and infrastructure development activities are also predicted to fuel the requirement for inorganic salts in the country in the coming years.

The sales of inorganic salts are also predicted to rise sharply in India over the next few years, owing to the boom in the healthcare sector. As these salts are required for producing generic drugs, the surge in the healthcare sector is positively impacting their demand in the country. Furthermore, many countries in Europe are using acetate inorganic salts for producing apparels, home furnishings, dress linings, and upholstery, which is boosting the advancement of the inorganic salts market in the continent. Similarly, the industry is also booming in the U.S. and several Middle-Eastern countries, on account of the large-scale usage of sulphates for chemical processing in these nations. 

Hence, the demand for inorganic salts is certain to shoot up all over the world in the upcoming years, mainly because of the growing use of various inorganic salts in the chemical, pharmaceutical, healthcare, agriculture, and construction sectors.