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.”

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.

Vacuum Salt Market: Food and Chemical Industries Extending Demand

Since vacuum salt is the purest form of salt as compared to rock salt and solar salt, a new study by Transparency Market Research finds that the preference among consumers is swiftly shifting towards it and propelling its demand. The report, titled “Vacuum Salt Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024,” also observes that the U.S. is the most prominent manufacturer of vacuum salt while several other countries are quickly catching up, both in terms of demand as well as production.

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The report has been prepared with the sole goal of presenting an in-depth analysis of the global market for vacuum salt in the current scenario and offers details pertaining to the revenues of various segments, share of key players and their strategies, and the competitive landscape. It also explores all the driving as well as restraining factors that are primed to influence the vacuum salt market during the best part of the next decade. The report also highlights the emerging trends in the market to provide opportunities for existing and new players and help them gain an edge over their competitors.

Vacuum salt is 99.9% pure sodium chloride, while solar salt and rock salt contains 99% purity. The TMR report observes that this slender difference is enough for vacuum salt to gain popularity among health-conscious consumers. Vacuum salt is also gaining popularity among players in the food industry who are constantly striving to offer quality products to their customers and gain market share. It has also been detected that the growth in chemical manufacturing is further propelling the demand for vacuum salt, particularly in the emerging economies of Asia Pacific such as China and India. Livestock is another significant segment of salt consumption. Vacuum salt also finds application in other industries such as oil drilling, dyeing, and detergent and washing powder.

Conversely, the efficiency of energy consumed during the extraction of vacuum salt has been identified as the most prominent restraint on the growth of the global market. There are stringent government regulations for energy efficiency, which is ideally met by the evaporation process for the extraction of vacuum salt and often reused in the manufacturing process. However, rock salt mining and refining require significantly less energy than evaporated salt. As a result, innovative methods for constant monitoring and processes to maximize energy efficiency is seen as an opportunity in the global market for vacuum salt.

Some of the prominent players in the global market for vacuum salt are Tata Chemicals Limited, British Salt, European Salt Company, AkzoNobel (Jozo Salt), Italkali, Atisale  S.p.A, Cargill, Ineos Salt, Amra Salt, and Wilson Salt Ltd. The report finds that there are many small-scale manufacturers of vacuum salt in Asia Pacific.

Vacuum Salt Market - Global Industry Analysis, Forecast 2016 – 2024

Overview:

Vacuum salt is the purest form of salt, it can be defined as rock salt which has been further refined. Vacuum salt are also known as “evaporated salts”. It is pumped into the clean water in the large salt deposits and later on dissolves salt into salt solution. The water which is strongly impregnated with salt is purified from various contaminants by using special chemicals, once the contaminants are washed out the water is boiled under pressure or under vacuum (negative pressure).

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Solar salt and rock salt both contains 99% of purity while Vacuum salt is 99.9% pure sodium chloride in the purest form. It purely depends on the boiling to get either rough grained or fine grained salt as per the requirement.

Global Vacuum Salt: Market Segmentation

Vacuum salt can be segmented based on the type which is undried vacuum salt and dried vacuum salt. Undried vacuum salt has a moisture content of 2-3% which is very suitable food industry. Most of the undried vacuum salt is used as table salt.

Since vacuum salt is the purest form of salts it is used in lot of applications across many industries. Vacuum salt is used in various industries like food industry, chemical industry, oil drilling, detergent & washing powder, dyeing industry and other industrial applications.

Industrial vacuum salt doesn’t have to get approved by the stringent quality standards unlike food grade vacuum salt. Food grade vacuum salt has to undergo lot of quality and purity testing standard to get approval for the application in food industry. Chemical industry consumes majority of vacuum salt produced followed by food industry.

Global Vacuum Salt: Regional Outlook

Geographically, the global vacuum salt industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa.

U.S is the largest producer of salt followed by China, Russia, Germany, the United Kingdom, India, and France. The increasing demand of vacuum salt in both industrial as well as food industry will drive the market of vacuum salt in forthcoming years. United Kingdom, U.S, China & India are the leading manufacturers of vacuum salt.

Global Vacuum Salt: Market Drivers

The major driver for vacuum salt is that it is the purest form of salt as compared to rock salt and solar salt. Due to this property it is the most preferred salt in various industrial and food application. The increasing demand of pure and high quality salt in food industry will drive the market of vacuum salt.

Growth in chemical manufacturing output will fuel the market, largely due to the increasing chemical production in emerging Asia-Pacific countries like China & India. Livestock also contributes as major segment for salt consumption.

The major restrains of vacuum salt is the process of extraction of vacuum salt it maximizes energy efficiency that is closely monitored for both commercial and environmental reasons. The steam which is used for evaporation process is generated in accordance with IPPC regulations and, wherever possible, is reused within the manufacturing process. While on the other hand rock salt mining & refining does require energy input, which is considerably lower than for evaporated salt. All manufacturers monitor and seek to maximize their energy efficiency. Users are encouraged to weigh the overall energy impact, including the lower distribution energy usage of indigenous supplies.

Global Vacuum Salt Market Key Players

Some of the major players operating in Vacuum salt market includes AkzoNobel (Jozo Salt), British Salt, Tata Chemicals Limited, Italkali, Atisale  S.p.A, Cargill, Ineos Salt, European salt company, Amra Salt, Wilson Salt Ltd  & few other regional players. There are many small scale vacuum salt manufacturers in emerging Asia-Pacific countries.