Acetate Salt Market - Segmented by Type, End-User Industry and Geography - Trends and Forecasts 2018-2024 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. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/251 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. 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. However, the market faces certain drawbacks such as presence of benzoic acid and sodium benzoate that are commonly used as food preservatives, which are easily available in the market and rapidly maturing market in developed economies of North America and Europe, inadvertently leading to plunge in profitability. Market Segmentation Acetate salts are essential products for general, as well as industrial purposes. In the report, the acetate salt market is segmented on the basis of product type and end user industry. Among end-user industries, pharmaceuticals industry is currently the largest consumer of acetate salt and is also expected to witness fastest growth rate during the forecast period (2016-2024). Acetate salts are widely used in production of various types of drugs. Rapidly growing pharmaceuticals industry in emerging economies of Asia Pacific and South America has in turn resulted in high demand for acetate salt in these regions. Furthermore, its application in potato chips to give a salty and vinegar flavor, food processing industry is also increasing, where it is widely used as preservative and flavoring agent. Regional Analysis The market has been geographically segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In terms of consumption in 2016, North America
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