The global monochloroacetic acid market was valued at US$ 815.74 Mn in 2018 and is anticipated to expand at a CAGR of approximately 4.0% during the forecast period, according to a new report titled ‘Monochloroacetic Acid Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’ published by Transparency Market Research (TMR) The report infers to the usage of monochloroacetic acid for oil drilling activities.Asia Pacific is the leading region of the global monochloroacetic acid market.The monochloroacetic acid market in the region is projected to expand at a significant pace during the forecast period, owing to the rise in oil & gas exploration and demand for agrochemicals in the region.Increase in Demand for Monochloroacetic Acid in Oil & Gas Industry Likely to Boost MarketIncrease in demand for crude oil and natural gas is encouraging Exploration and Production (E) firms to engage in extensive drilling activities.It also arrests the growth of fungus while drilling mud, thereby terminating the need of preservatives and pH level indicators in the mud.Therefore, demand for monochloroacetic acid is directly proportional to the usage of carboxymethyl cellulose for oil exploration and rig drilling activities.More Trending Reportshttps://www.prnewswire.com/news-releases/advancements-in-renewable-energy-technologies-to-ignite-extensive-growth-across-floating-solar-panels-market-between-2019-and-2027-tmr-301237274.htmlCarboxymethyl Cellulose Segment to Gain MomentumThe report presents a detailed segmentation of the global monochloroacetic acid market based on product and application.Carboxymethyl cellulose act as thickener, rheology modifier, water retention aid, filtration reducer, binder, dispersant, protective colloid, and floating aid.
Transparent Ceramics Market: Key Highlights· The global transparent ceramics market was valued at ~ US$ 275 Mn in 2018, and is anticipated to expand at a CAGR of ~ 22% during the forecast period.· The global transparent ceramics market is driven by the rise in the demand for electrical & electronics (E) and sensors & instrumentation applications.· Asia Pacific accounts for a prominent share of the global transparent ceramics market, led by an increase in the demand for electric, electronic, and healthcare products in the region.Key Drivers of the Global Transparent Ceramics Market· Transparent ceramics are used as optically transparent materials in different forms.The global transparent ceramics market is anticipated to expand rapidly during the forecast period, owing to the increase in the adoption of energy-efficient materials across the world.· Transparent ceramics are widely employed in the production of components of eco-friendly optical fibers and humidity sensors.It possesses exceptional optical properties such as high ultraviolet and infrared optical characteristics, high resistance to wear and scratches, high thermal conductivity, and high co-efficiency of linear expansion.· Single-crystal aluminum oxide is an excellent ceramic oxide with a wide range of applications, including adsorbents, catalysts, microelectronics, chemicals, etc.Transparent ceramics are generally used in all major applications such as optics, aerospace, spacecraft, chemical, mechanical, and consumer products.· The high cost of transparent ceramics is likely to restrain the market in the near future.Additionally, growth of the military & defense sector in Asia Pacific led by the rise in government investments in the sector fuels the transparent ceramics market in the region.· China accounts for a substantial share of the transparent ceramics market in Asia Pacific, owing to the increased demand for defense equipment in the country over the last few years.China’s National Development and Reform Commission is in process of supervising a multi-trillion-dollar nationwide project to industrialize the underdeveloped Western provinces of the country.
Key Drivers of Xanthan Gum Market· According to the annual statistics of OPEC, 1,214.21 billion barrels of proven crude oil reserves are currently available on a global scale.It is extremely resistant to high temperatures (≥94°C), acids, alkalis, and salts.· Therefore, increase in the demand for crude oil across the world is propelling the demand for xanthan gum.· The global xanthan gum market was valued at ~US$ 915 Mn in 2018, and is anticipated to expand at a CAGR of ~6% from 2019 to 2027.Newly Discovered and Potential Oil & Gas Reserves to Offer Lucrative Opportunities· Increase in the demand for oil & gas in developing economies such as China, India, and Brazil is a major factor driving the rate of drilling activities.More Trending Reportshttps://www.prnewswire.com/news-releases/cowpeas-market-to-benefit-from-rising-vegetarianism-market-projected-to-rise-at-5-3-cagr-from-2020-to-2030-tmr-301239608.html Asia Pacific Dominates Xanthan Gum Market· Asia Pacific is expected to be a highly attractive region of the xanthan gum market during the forecast period.Rapid growth in the population in Asia Pacific is anticipated to significantly contribute to the global food & beverages industry, thereby propelling the global xanthan gum market.Food & Beverages Application Holds Major Share of Xanthan Gum Market· The food & beverages segment accounted for a key share of the global xanthan gum market in 2018.
Key Highlights:The global enzymes marketwas valued at approximately ~US$ 6.4 Bn in 2018 and is anticipated to expand at a CAGR of more than 7% from 2019 to 2027Rise in demand for enzymes for use in the food & beverages processing application is driving the global enzymes market.North America accounted for a major share of the global enzymes market in In terms of demand, the U.S. held a dominant share of the North America enzymes market in 2018.This, in turn, would increase the demand for high purity grade of enzymes, thus boosting the market for enzymes.Global electricity is produced by burning fossil fuels such as coal, oil, and gas.Request PDF brochurehttps://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=481Technical Grade to Dominate Global Enzymes MarketAmong grades, the technical grade segment held a major share of the enzymes market in2018.Rising regulations on decreasing carbon emissions has compelled government bodies across the region to find alternative fuels.This, in turn, has led to the growth of the bioenergy sector in the region.
The global hydroponics market has been estimated to be competitive in nature.It is expected to experience intense competition over the next few years, notes a new market research study by Transparency Market Research.The report forecasts that the increasing number of market players and emergence of cutthroat competition are expected to improve the growth of global hydroponics market in the next few years to come.Some of the noted players that are operating in the global hydroponics market are Bright Farms Inc., Village Farms International, Inc., Thanet Earth Ltd., AMCO Produce Inc., and Soave Enterprises LLC.Besides, rising numbers of acquisitions and mergers are further expected to fuel growth of global hydroponics market over the forecast timeframe.Intake of contaminated or diseased plants can lead to diseases such as Salmonella poisoning, E. coli and, others.
The global alcoholic beverages market features consolidation at present, according to a report by Transparency Market Research (TMR).Mergers and acquisitions is one of the most popular schemes adopted by established players in the global alcoholic beverages market.Alcoholic beverages producers have made a significant contribution to the development of the worldwide market of alcoholic beverage in order to strengthen distribution channels and the expansion of purchasing channels such as online shops and convenience stores.Consumers for thousands of years run premium alcoholic beverages in particular.These are some of the key trends being leveraged by vendors in the global alcoholic beverages market in order to gain traction in the industry.Prominent names operating in the global alcoholic beverages market are Constellation Brands Inc., Pernod Ricard SA, Anheuser-Busch InBev SA/NV, Bacardi Limited, Molson Coors Brewing Co., Heineken Holding NV, and Anheuser-Busch InBev SA/NV.Request PDF brochurehttps://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=33The global alcoholic beverages industry has been expanding at a constant CAGR of 6.4% in the projected era between 2017 and 2025, according to Transparency Market Research.The beer sector is anticipated to thrive among these.This is mainly due to the fast urbanization and increase of the population in the middle class, which in the region is increasingly available.More Trending Reportshttps://www.prnewswire.com/news-releases/advancements-in-renewable-energy-technologies-to-ignite-extensive-growth-across-floating-solar-panels-market-between-2019-and-2027-tmr-301237274.htmlRising Urbanization to Bolster Alcoholic Beverages MarketMost cultures around the globe have traditionally consumed multiple kinds of alcoholic beverages; however, the majority share is local specialty alcoholic beverages.
Key Highlights of Global Automotive Lightweight Materials Market· The global automotive lightweight materials market was valued at US$ 149 Bn in 2018 and is anticipated to expand at a CAGR of 7.2% during the forecast period· Advanced and lightweight materials play an extremely significant role in ensuring the fuel competence of new vehicles together with an assurance of high performance and safety.Lightweight vehicles come with a host of benefits, it not only requires less power in acceleration but also increases the efficiency of the vehicle as compared to heavier vehicles.· Vehicles made with lightweight materials consume 6 to 8% of lesser fuel, which makes it cost effective.Such development of the market is ascribed to rise in demand for automotive lightweight materials from the developing countries of Asia Pacific and Latin America.· The expansion of the global automotive lightweight materials market is likely to be influenced considerably by the augmented stringency of fuel economy and vehicle emission regulations brought in by the government is another growth factor for the market.· Automotive lightweight vehicle materials refer to those materials that are utilized in the minimization of weight and acceleration of vehicle speed, thereby ensuring fuel efficiency.The rate of ownership of vehicles stands at 550 per 1,000 people to 600 per 1,000 people in major countries in Europe.· The light vehicle production sector in Western European focuses primarily on premium cars.The usage of lightweight components and high-efficiency engines in one quarter of the U.S. fleet could save more than 5 billion gallons of fuel each year by 2030.· Vehicle production in Brazil is increasing at a higher pace compared to domestic sales, as exports to neighboring countries have increased due to strong economic conditions.For example, roughly 66% of exports from Brazil’s auto industry are destined to Argentina and Mexico-countries currently experiencing double-digit rise in sales.
With myriad use of shea butter mainly in the food and cosmeceuticals sector, shea butter market is predicted to rise at a stellar pace in the forecast period between 2018 and 2028, says Transparency Market Research (TMR) in one of its recent market publications.Furthermore, vast rise in demand for naturally sourced cosmetic products is another key factor providing fillip to the shea butter market.For such reasons, shea butter cosmetics are finding way in beauty kits of men and women despite their high costs.Shea butter finds use in bakery products wherein it is mainly used as a substitute of vegetable oils for chocolates and confectioneries.Besides this, shea butter is increasingly finding use as a substitute of cocoa.Availability of shea butter in various grades is another key factor for its expanded use.
TMR projects the global anthocyanin market to reach US$ 735.9 Mn by 2026.Besides this, domestic players enjoy a stronghold in regional pockets, which has rendered the market highly competitive.Such strategies are therefore likely to have a significant influence on the global anthocyanin market.Request PDF brochurehttps://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=2198Steadily Rising Demand from Emerging Economies to Steer GrowthAnthocyanin consumption has positive effects on human health.Besides these, anthocyanin also help in improving microcirculation of the body.Anthocyanin expedite metabolism process, the rising awareness about which is likely to bode well for the market.More Trending Reportshttps://www.prnewswire.com/news-releases/advancements-in-renewable-energy-technologies-to-ignite-extensive-growth-across-floating-solar-panels-market-between-2019-and-2027-tmr-301237274.htmlAnthocyanin also fight oxidative stress, which can escalate heart ailments.TMR expects that the market will significantly gain from the rising awareness about health benefits offered by anthocyanin.
Certain chemical substances influence the growth and differentiation of plant tissues, cells, and organs.In these countries, these products are utilized as bi-stimulants or bio-inhibitors and it changes the physiological processes of all the plants.Agricultural sector is likely to be automated and mechanized as advancement in science improves chances of utilization of novel inputs.These novel inputs are expected to maximize yield of crops in the years to come.These factors are estimated to propel growth of the global plant growth regulators market.Some of the names to reckon with in the global plant growth regulators market are TATA Chemicals, Valent Bioscience Corporation, Adama Agricultural Solutions Ltd, Redox Industries Limited, Arysta LifeScience Corporation, and Sumitomo Chemical Co. Ltd. Exhausting extensive methods of research, Transparency Market Research prophesizes that the global plant growth regulators market is anticipated to rise at a robust growth over the timeframe of forecast.
The latest market estimate report published by Transparency Market Research on the global hydrolyzed collagen market includes a global industry analysis and opportunity assessment of the hydrolyzed collagen market for forecast period of 2019-2029.According to the European Nutraceuticals Association, lack of nutrition accounts for ~39% of the deaths in developing nations such as China, India, and Brazil.To minimize these deficiencies, governments of multiple countries have started an initiative to provide protein-rich food to the poor population, free of cost, as well as nutraceuticals are available at reasonable prices in supermarkets.Such a structure of hydrolyzed collagen has higher bioavailability, and hence, is used in nutraceuticals and dietary supplements that are prescribed for the treatment of arthritis, heart disease, digestive disorders, some skin-related disorders, and many other health indications.Increasing Use of Hydrolyzed Collagen in Food & Beverage IndustryVarious innovative hydrolyzed collagen products have been recently launched in the market, such as collagen coffee, hot chocolate, etc.Innovative products such as potato chips, risotto, and ice cream are launched, for which hydrolyzed collagen is a primary ingredient.The use of hydrolyzed collagen in unique products is driving market growth.More Trending Reportshttps://www.prnewswire.com/news-releases/stringent-environment-protection-mandates-paves-way-for-growth-in-environment-testing-services-market-market-projected-to-rise-at-stellar-6-5-cagr-from-2020--2030-tmr-301243218.htmlRigorous Research & Development Activities in Wound Healing & Regenerative MedicineThe use of hydrolyzed collagen in various medical devices and drugs is growing due to its characteristics such as easy availability, biodegradability, positive effect on wound healing, and high absorption rates.
According to a new study by TMR, the sales of phycocyanin are estimated to reach ~11 million metric tons in 2019.Phycocyanin is available in various grades and forms.Phycocyanin belongs to the phycobilli protein group, used primarily as a colorant in various food and beverage products in the global market.This is creating a trend for organically-produced ingredients and food products.This trend is not only limited to food products but is also being seen in cosmetic products.Request PDF brochurehttps://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=24329Health Benefits and Nutritional Contents Associated with Phycocyanin Phycocyanin, extracted from the blue-green algae, used primarily as a food and beverage colorant, has numerous health benefits.
Rising demand from the construction and automotive industries is estimated to propel the global aluminum market toward growth.Aluminum finds extensive use in electronics and electronics industry, thanks to its properties like good conductivity of electricity, low cost and lightweight.It is widely used in electrical & electronics industry due to its excellent electrical conductor, lightweight, and low cost compared to other metals.Kaiser Aluminum Corporation of China Limited, Emirates Global Aluminum PJSC, Emirates Global Aluminium, Xinfa Group, and Rio Tinto are few of the names to reckon with in the global aluminum market.To shed light on this aluminum market, Transparency market research takes advantage of historical data and utilizes necessary research methodologies.Analysts at TMR prophesize that the market would clock remarkable growth rate of 6.4% CAGR during the assessment period, from 2017 to 2025.For long, China is one of the leading producers of aluminum and the demand for domestic consumption of the same is growing as well.In addition to that, demand for recycled and primary aluminum for the purpose of lightweight construction is also supporting the growth of the global aluminum market during the assessment period.More Trending Reportshttps://www.prnewswire.com/news-releases/popularity-among-numerous-applications-to-increase-the-growth-rate-of-the-ginger-oil-market-during-the-tenure-of-2020-2030-tmr-301247236.htmlExpansion of the Construction and Automotive Industries Spurs Demand for Aluminum WorldwideThe global aluminum market is likely to gather momentum from its rising demand originating from the automotive industry.
Global Smart Coatings Market: OverviewInitially when the concept of smart coatings was introduced, its commercial values were under strong doubts but, within a decade later, smart coatings has turned into a viable option for a number of industries including construction, automotive, and consumer electronics.Advanced technologies such as self-cleaning, self-healing, and self-assembling or stratifying are being leveraged by the end-use industry players to provide coating solutions to their customers.Moreover, nanotechnology-based coatings are expected to further reduce the cost of coating solutions, enhance damage or scratch resistance as well as conductivity, aid to antifogging and flame retardance, and coloring.As per the projections of a recently compiled business intelligence study by Transparency Market Research (TMR), the demand in the global smart coatings market will increment at an exuberant CAGR of 29.8% during the forecast period of 2017 to 2025, by the end of which the opportunities in this market are estimated to attain a value of US$9.82 billion.R of New Technologies Only Mode to Greater SharesThe analyst of the TMR report has detected that there is a large number of players staking a claim for shares in the global smart coatings market, which is making it highly competitive and fragmented.That being said, some of the well established players such as DuPont, Bayer AG, BASF SE, PPG Industries, 3M Company, The Dow Chemical Co., AkzoNobel, The Sherwin-Williams Company, Jotun A/S, NEI Corporation (US), and Dow Corning Corporation currently hold a position of strength, which can be attributed to their constant bid for product innovation as well as indulgence into mergers and acquisitions.Additionally, the focus is also on harnessing the concept of new energy technology that uses SolarWindow techniques.Request PDF brochurehttps://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=11186On the basis of product type, the TMR report segments the smart coatings market into anti-corrosion, self-healing, self-cleaning, self-dimming, and anti-microbal, whereas application-wise, the report has taken stock of the potential of demand that will be forthcoming from the industries of medical, military, electronics, automotive, and building and construction.The demand in the Asia Pacific smart coatings market has been projected to increment at an above-average CAGR of 38.6% during the aforementioned forecast period.
The vendor landscape of polyurethane foam market is showcasing an intensified competition due to the existence of large and small players, mentions Transparency Market Research in a recent published report.In order to offer innovative products, many key vendors have started expanding in different geographical regions.Some of the prominent key players in the global polyurethane foam market are Nitto Denko Corporation, Trelleborg AB, Tosoh Corporation, BASF SE, Compagnie DE Saint Gobain SA, and The Dow Chemical Company.As per TMR predictions, the opportunity in global polyurethane foam market is expected to grow to US$74 bn by 2022, rising from US$51.4 bn in 2015.Based on product type, the market dominated by flexible polyurethane foam in 2017 with a larger market share of 50.2%.Based on region, the polyurethane foam market is more likely to excel in regions like Europe, Asia Pacific except Japan.The polyurethane foam market in Europe is projected to showcase a solid CAGR of 7.2% from 2017-2022 and is expected to rise at a revenue of US$17.8 bn by 2022.Request PDF brochurehttps://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=33287Flexible Polyurethane Foam Market Accounts for the largest Share in Polyurethane Foam market in 2017The global polyurethane foam market comprises of various diverse sectors such as the automotive industry, packaging industry, and the construction industry, witnesses Transparency market research in a recent market report.
However, arable land is limited and consistently decreasing too.Coupled with changes to the environment that pollution has caused, there is a strong requirement for measures that can increase the efficiency or yield of limited arable land.Specialty fertilizers help soil to overcome deficiencies and attain greater fertility, and their adoption is on the rise.Global Demand for Specialty Fertilizers to Increment at 5.7% CAGR during 2017-2025A recent business intelligence report developed at Transparency Market Research (TMR) has projected that the demand in the global specialty fertilizers market will expand at a notable CAGR of 5.7% during the forecast period of 2017 to 2025.In terms of revenue, the analyst of the report has estimated the market to attain a value of US$14,734.4 million, substantially more than the market’s evaluated worth of US$8,987.3 million as of 2016.The analyst of the report has highlighted a vendor landscape wherein the global specialty fertilizers market shares are fairly consolidated among a handful of major players.Major companies such as Coromandel International Limited, Haifa Chemicals Limited, Yara International ASA, The Potash Corporation of Saskatchewan Inc., Sociedad Quimica Y Minera S.A., Agrium Inc., and Israel Chemical Limited boast of their expansive geographical presence and are consistently improving their product portfolio to stay ahead of the curve.Most of these players are eyeing emerging economies in Asia Pacific that are prospering on economic growth and have a strong agriculture community.Request PDF brochurehttps://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=14288Based on product type, the TMR report has segmented the specialty fertilizers market into micro nutrient fertilizers, nitrification and urea inhibitors, controlled release fertilizers, and slow release fertilizers.
The global battery materials Market is expected to display stiff competition among leading players such as Arkema SA, BASF SE, FMC Corporation, Cabot Corporation, and Mitsubishi Chemical Holdings Corporation.Players within the market are concentrating on manufacturing batteries that are efficient but at low cost.According to Transparency Market Research (TMR), players are also focusing on a developing high performance capacity batteries stiff competition and increasing their consumer base.According to Transparency Market Research, between 2017 and 2025 the global battery materials Market will exhibit a remarkable growth of 13.6% CAGR and rice to US$13.7 bn by 2025.On the basis of geography, North America has been leading in the market for a battery materials on account of the presence of a large number of car producers.However, asia-pacific is expected to rip North America or if its leading position within the battery materials market by expanding at a robust CAGR of 12.2% and becoming the largest regional market for battery materials.Request PDF brochurehttps://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=16454Secondary Batteries Witnessing Higher DemandOn the basis of application, it is expected that the secondary batteries segment will lead on account of high demand for secondary batteries such as lead acid, lithium iron, and nickel metal hydride from the automotive and consumer goods sector.Electrolytes and anode are expected to be other key materials of battery which will be in demand.More Trending Reportshttps://www.prnewswire.com/news-releases/advancements-in-renewable-energy-technologies-to-ignite-extensive-growth-across-floating-solar-panels-market-between-2019-and-2027-tmr-301237274.htmlConsumer Goods and Transportation Sectors to Be Key End Use Areas for Battery MaterialsOn the basis of end use, consumer goods is expected to be the leading segment.
The global architectural coatings market is experiencing high growth riding on the back of huge demand in the Asia Pacific region, rapid technological progress, and rising number of applications.Increased spend on various infrastructural activities, emergence of green technologies, strict environmental regulations, and improved purchasing power is likely to support growth of the global architectural coatings market in the years to come.The Sherwin-Williams Company, Nippon Paint Holdings Co., Ltd., RPM International Inc., PPG Industries, Inc., Asian Paints Limited, and Masco Corporation are some of the companies profiled in the global architectural coatings market.Transparency Market Research has prepared a comprehensive report on the global architectural coatings market, for the period 2017 to 2025.The market is estimated to reach US$ 87,500.4 Mn through 2025.Request PDF brochurehttps://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=19343Driven by Increased Refurbishment Activities, Asia Pacific to Witness Rapid GrowthIn terms of region, the global architectural coatings market is likely to witness dominance of Asia Pacific due to escalated refurbishment and construction activities in countries like China, Taiwan, Thailand, India, and Japan.Interior designing and beautification activities have been witnessing steady rise in its demand across commercial and residential sectors, thanks to the increased love for aesthetics.Furthermore, an increasing trend toward green construction together with huge spending on the infrastructural activities is observed in countries like Australia, which is likely to expand the size of the architectural coatings market in Asia Pacific.More Trending Reportshttps://www.prnewswire.com/news-releases/cowpeas-market-to-benefit-from-rising-vegetarianism-market-projected-to-rise-at-5-3-cagr-from-2020-to-2030-tmr-301239608.htmlIn addition, growing popularity of various specialized coatings coupled with an emerging trend of making use of bio-based coatings is estimated to expand the size of architectural coatings market in Europe.Increased Demand for Environment friendly Products Accentuates its DemandThe global architectural coatings market is estimated to witness expansion of its size due to extensive demand from the paints and coating industry.
The demand within the global market for silica flour has been rising on account of advancements in multiple end-use industries, finds Transparency Market Research (TMR).This shall help these vendors in developing a permanent consumer base over the years.Since silica flour is used across an plethora of industries, there is commendable growth potential for the market vendors.Hence, these vendors are projected to introduce innovative business strategies that fetch wider profit margins for them.There is a high possibility of new avenues for growth emerging in the global market for silica flour in the years to come.Some of the key vendors in the global market for silica flour are SCR-Sibelco N.V., U.S. Silica Holdings Inc., International Silica Industries Company Plc., and Adwan Chemical Industries Co. Ltd. Request PDF brochurehttps://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=6988Transparency Market Research (TMR) finds that the global silica flour market would expand at a steady CAGR of 5.0% during the period between 2018 and 2026.
The global sodium chloride market was valued at US$ 15,951.26 Mn in 2017 and is anticipated to expand at a CAGR of 3.8% from 2018 to 2026, according to a new report titled ‘Sodium Chloride Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR).Chlor-alkali products of salts are significantly used as primary feedstock in the chemical industry.Salt acts as an ion-exchange resin, which helps soften the water used in water treatment plants.Request PDF brochurehttps://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=7304Rapid Growth in Food & Beverages Industry in Emerging Economies in Asia Pacific Propelling Demand for Sodium Chloride in Flavoring Agents & Food Preservatives ApplicationsThe number of gourmet restaurants across the world is anticipated to increase substantially in the next few years due to the rise in disposable income and change in food habits of consumers.Rise in the number of exotic food businesses is anticipated to fuel the demand for gourmet salts such as fleur de sel, sel gris, flake, and Himalayan salt due to their properties such as color and flavor.The use of salt as a flavoring agent and natural food preservative is expected to rise during the forecast period due to the growth in the food & beverages industry.More Trending Reportshttps://www.prnewswire.com/news-releases/advancements-in-renewable-energy-technologies-to-ignite-extensive-growth-across-floating-solar-panels-market-between-2019-and-2027-tmr-301237274.htmlOthers Grade of Salt to Dominate Global Sodium Chloride MarketBased on grade, the sodium chloride market has been segmented into rock salt, solar salt, and others (brine & vacuum).Others is expected to be the major segment of the market during the forecast period.