Albany, NY -- (SBWIRE) -- 07/01/2019 -- Phase change properties of salt hydrate are increasingly been utilized in the various application areas, most notably in pharmaceutical industries. Their superb energy storage density has also strengthened applications in the building and construction and food and beverages industry in various regions such as the Middle East, Europe, Asia Pacific, and the Americas. Growing potential of salt hydrate as phase change materials in the construction industry will accentuate the prospects during 2018–2026.
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provides an exclusive analysis of global Salt Hydrate Market in a revised report published recently. The main aim of this report is to offer exhaustive analysis and provide insights pertaining to the Salt Hydrate market. This report offers a comprehensive analysis of the global Salt Hydrate market in terms of market Volume (Tonnes) & value (000 US$) and year-wise (Y-o-Y) growth in the global salt hydrate market according to end-use industry. The study considers 2017 as the base year with the market values estimated for year 2018 and a forecast developed for the duration 2018 to 2026. Compound Average Growth Rate (CAGR) is represented from 2018 to 2026. The study covers value chain analysis, salt hydrate market dynamics, industry growth analysis, along with the projection for segmental level in a comprehensive manner. As per the industry experts and finding of the report, global salt hydrate market is projected to grow at a CAGR of 10.1% between 2018 and 2026 in value terms. Introduction of stringent environmental regulation pertaining to the energy storage in buildings & construction industry are the key factors positively impacting the salt hydrate in the global market
The Persistence Market Research report on salt hydrate analyses the market at a regional as well as global level through market segmentation on the basis of end-use industry. Primary objective of the report is to offer key insights on current trends, competition positioning, growth rates, market potential and other relevant information and statistics in a suitable manner to reader or various stakeholders in the salt hydrate market
Salt hydrate consists of an inorganic salts and water. The most commonly utilized salt hydrate include sodium sulfate decahydrate, magnesium chloride hexahydrate, dodecahydrate, etc. Building & construction and pharmaceutical industry are the key consumers of salt hydrate.
The report is structured to facilitate reader to develop a thorough understanding about the salt hydrate market. It begins with the salt hydrate market definition, followed by the market taxonomy, market background and market dynamics and analysis of the market by key segments, regional market analysis and competition assessment. Each section of the report covers a quantitative as well as qualitative assessment of the salt hydrate market on the basis of historical developments, facts, key opinions collected from the market participants through the interviews and trends in the salt hydrate market
Salt Hydrate Market: Segmentation
The global salt hydrate market is segmented on the basis of end-use industry and region
Based on the end-use industry, the global salt hydrate market is segmented into
Pharmaceutical
Building & Construction
Food & Beverages
Others (textile, electronics, etc.)
Based on the region, the global salt hydrate market is segmented into
North America
Latin America
Europe
China
India
Southeast Asia & Pacific
Middle East & Africa
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In the next section, report describes the salt hydrate market structure, parent market overview covering macro-economic factors, forecast factors, regional weighted average pricing analysis, and overview of value chain along with the profitability margins, an indicative list of key stakeholders involved in the every stage and an assessment of the production vs. consumption scenario on the basis of regions
The next section of the report discusses market dynamics such as drivers, trends and restraints impacting the market growth at a global level. Salt hydrate market opportunities and the potential for the manufacturers have been also presented in the subsequent section of the chapter.
Next section of the report provides value (000 US$) and volume (tonnes) projection for the salt hydrate market on the basis of respective segments at a global level. The global salt hydrate market values represented in the section have been agglomerated by collecting the data and information at a regional level. Salt hydrate market information along with the key insights and facts, covers unique analysis frameworks such as year-on-year growth trend comparison, absolute $ opportunity analysis, market attractiveness and share analysis for each sub-types of the segments covered in each segment.
Subsequent section of the report presents a summarized view of the global salt hydrate market based on seven prominent regions considered in the study. The section includes salt hydrate market trends, potential and market attractiveness, absolute $ opportunity for each of these regions.
The salt hydrate market analysis section of the report covers weighted average pricing analysis, and market projections for each segment, including market share analysis, Y-o-Y growth trends, market attractiveness analysis, market share analysis, and incremental $ opportunity assessment. These section analyzes the degree to which global drivers and influencing this market in each region.
All the above sections evaluate the present market scenario and growth prospects in the global salt hydrate market, while the forecast presented in the section assesses the market size in term of volume and value.
The market numbers, pertaining to the regional as well as country level data and various segments i.e. end-use industry are estimated through the combination of primary and secondary research among target regions and countries. The base year volume data is arrived at through collecting and analyzing the historical market information as well as through the multiprolonged hypothesis generation, triangulated from the details collected/benchmarked from the country or regional level sales volume and collaborated from the supply side statistics. Key sources referred to arrive at the global salt hydrate market size includes: salt hydrate manufacturers, suppliers, end-users, industry association & trade experts, along with the secondary documents, available through public domain, paid database, and PMRs in-house data repository.
In order to offer accurate market forecast, PMRs proprietary regression analysis forecast model was then utilized to derive the market estimation for forecast years, which takes into account effects of certain direct and macro-economic factors having impact on the global and regional target market. The pertinent opinions of key primary respondents for specific segments and geographies, are also taken into consideration for forecasting the segment level market size and dynamics.
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The salt hydrate market is split into a number of sub-segments. All the market segments in the salt hydrate market have been analyzed on the basis of Basis Point Share (BPS) to understand each individual segments contribution to the market growth. This detailed level of information is important for the identification of key trends witnessed in the salt hydrate market
In order to understand the market segments in terms of growth and consumption of salt hydrate across concerned regions, Persistence Market Research has developed the attractiveness index, which will help providers to identify real market opportunities.
In the final section of the report, competition landscape of the salt hydrate market is included to provide report audiences with a dashboard view categorized on the basis of providers present in the value chain, their salt hydrate market presence and key differentiating strategies.
Detailed profile of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the salt hydrate market. Examples of some of the key competitors covered in the scope of the salt hydrate market report include Salca BV, Phase Change Products Pty Ltd, PCM Products Ltd., Rubitherm Technologies GmbH, RGEES, LLC, Pluss Advanced Technologies Pvt. Ltd., Climator Sweden AB, and others.
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