Press release
Calcium Acetate Market Forecast by Key Players: Nithyasri chemicals, Akshay group of companies, Solvay, Amresco LLC, Alfa Aesar, Merck KGaA, J.M. Loveridge Ltd., GFS Chemicals Inc, Amsyn Inc, Macco Organiques Inc. and Niacet Corporation
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Calcium Acetate Market size shall grow with a moderate CAGR during the forecast timeframe. The product can be prepared by soaking calcium carbonate or hydrated lime in vinegar. Calcium acetate is an odorless, white, hygroscopic crystalline solid which is soluble in water and insoluble in organic solvents such as acetone, ethanol, and benzene. It is commonly available in hydrate forms. Calcium acetate has very low toxicity. It releases highly flammable acetone gas upon burning.
Asia Pacific and Latin America are likely to witness high product demand due to increasing product applications particularly in food & beverage industry. Moreover, rising population and changing lifestyle in emerging economies of Asia Pacific has led to surged product demand in food & beverage and pharmaceutical industry. Growing industrialization coupled with increasing foreign direct investments (FDI) in the end-user industries is predicted to drive the calcium acetate market growth in countries like India, Vietnam and Indonesia.
However, changing consumer lifestyles post global financial crisis and market saturation are expected to affect the product demand in China. U.S. and Europe have invested enormous amounts in product R&D to increase its application base which will result in elevated calcium acetate market size growth opportunities in the coming years. Increase in pharmaceutical infrastructure in Middle East region shall have positive impact on calcium acetate market over the forecast timespan.
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Top key players:
Prominent vendors operating in global calcium acetate market includes Allan Chemical Corporation, Nithyasri chemicals, Akshay group of companies, Solvay, Amresco LLC, Alfa Aesar, Merck KGaA, J.M. Loveridge Ltd., GFS Chemicals Inc, Amsyn Inc, Macco Organiques Inc. and Niacet Corporation, among others. In August 2017, Niacet corporation announced an expansion of its sodium and calcium propionate production capacity of 75 million pounds. Niacest is the largest producer of sodium propionate and calcium propionate globally. It will use this new cost-effective facility to improve its services to meet global demand in pharmaceutical, feedand food applications for both new and existing customers. This expansion is expected to stream from 2018.
Market share calculation in this report is not done based on companies covered in it. The calculation of calcium acetate market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
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