Global Silver Salt Market Size study & Forecast, By Type (Silver Chloride, Silver Bromide, Silver Iodide, Silver Fluoride, Silver Nitrate, and Others), and Application (Photographic Film & Paper, Chemical Manufacturing, Medical & Medical Devices, and Othe

Global Silver Salt Market Size study & Forecast, By Type (Silver Chloride, Silver Bromide, Silver Iodide, Silver Fluoride, Silver Nitrate, and Others), and Application (Photographic Film & Paper, Chemical Manufacturing, Medical & Medical Devices, and Others) and Regional Analysis, 2022-2029

Global Silver Salt Market is valued approximately USD 0.97 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.9 % over the forecast period 2022-2029. Silver Salt is a chemical compound obtained through chemical reaction of halogens with silver at high temperature. Some of the widely used silver salts are silver chloride (AgCl), silver bromide (AgBr), silver iodide (AgI) and silver fluoride (AgF). These salts are utilized across different industries such as medical industry, water treatment industry and electronics industry among others. The increasing expansion of water wastewater treatment sector and growing industrial application of silver salt as well as strategic initiatives from leading market players are key factors accelerating the market growth during the forecast period.

According to Statista – as of 2021, the global water and wastewater treatment market was valued at USD 281.75 billion. Furthermore, the market is projected to grow to USD 490 billion by 2029. Also, rising demand from electronics sector and growing industrialization in emerging economies would create lucrative growth prospectus for the market over the forecast period. However, high Cost associated with Silver Salt and health concerns associated with Silver Compound impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Silver Salt Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to presence of leading market players as well as rising chemical industry in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising expansion of medical sector as well as increasing penetration of key market players in the region.

Major market player included in this report are:
ABCR GMBH
ACHEMTEK
ALFA Chemistry
ALFA AESAR
American elements
BOC Science
Finetech Industry
Micron Platers
Metalor Technologies
Yogi Dye Chem Industries

Recent Developments in the Market:
In April 2021, Stone Canyon Industries Holdings LLC, Kissner Group Holdings completed acquisition of K+S Aktiengesellschaft's Americas salt business, including Morton Salt, for a transaction valued of USD 3.2 billion.

Global Silver Salt Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered

Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Silver Chloride
Silver Bromide
Silver Iodide
Silver Fluoride
Silver Nitrate
Others
By Application
Photographic Film & Paper
Chemical Manufacturing
Medical & Medical Devices
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned

ABCR GMBH
ACHEMTEK
ALFA Chemistry
ALFA AESAR
American elements
BOC Science
Finetech Industry
Micron Platers
Metalor Technologies
Yogi Dye Chem Industries

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