Halide Minerals Market: Global Industry Analysis and Forecast 2014 - 2020

Halide Minerals Market: Global Industry Analysis and Forecast 2014 - 2020
Persistence Market Research
Halide Minerals Market: Global Industry
Analysis and Forecast 2014 - 2020
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Halide Minerals Market: Global Industry Analysis and Forecast 2014 - 2020
Persistence Market Research Released New Market Report on “Halide Minerals Market:
Global Industry Analysis and Forecast 2014 - 2020”.
Halide minerals are those minerals which include a dominant halide anion such as fluorine (F), chlorine
(Cl), bromine (Br) and Iodine (I). These minerals are complex in nature and have polyatomic anions. Most
of the halide minerals occur in deposits of marine evaporite. Some of the commonly used halide minerals
include halite (NaCl), sylvite (KCl) and fluorite (CF2). Halite is an important source of sodium chloride, in
parallel with NaCl extracted from brine wells or sea water. Sylvite is potassium chloride in its natural
mineral form, while fluorite is a vital source of hydrogen fluoride, obtained as a byproduct of the
manufacturing of fertilizers. These minerals are used for a wide range of applications such as fertilizers,
pharmaceuticals, food ingredients, water softening and other industrial applications.
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The global market for halide minerals has been witnessing a significant growth on account of increasing
demand from its end-user industries. Rapid growth of the fertilizer industry is one of the primary growth
factors for the market of halide minerals such as potassium chloride in fertilizers. The worldwide outlook
for the agrochemical industry has been showing an optimistic growth primarily due to the progressive
demand for phosphate and potassium fertilizer in emerging regions such as Asia Pacific. Potassium
chloride or muriate of potash is one of the most widely consumed fertilizer which comes in a variety of
colors from red or pink to white depending upon the mining and recovery process used. Soluble potash,
also known as white potash is majorly used for liquid starter fertilizers. When combined with halite,
potassium chloride naturally occurs as sylvinites. Potassium is one of the three major nutrients necessary
for plant growth. It serves as a regulator for different processes within the plant. KCl is majorly consumed
in the agriculture industry as potash fertilizer. Other applications of potassium chloride include chemicals,
pharmaceuticals, and food processing. With the rising inclination towards biofertilizers in the agrochemical
industry, KCl is being increasingly implemented for improving the growth of the plant. According to The
International Fertilizer Industry Association, more than 30 potash expansion projects have been planned
by manufacturers over the next few years. Other minerals such halite are one of the largest inorganic raw
materials, by volume which are used by the chemical industry. The major chemical products of salt
caustic soda and chlorine are used for manufacturing various chemical products, both organic and
inorganic. Halite is also used directly for ice and snow control, as a mineral in animal diets, as a food
preservative as well as a flavoring agent.
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Halide Minerals Market: Global Industry Analysis and Forecast 2014 - 2020
Growing demand from the fertilizer industry is anticipated to be one of the major factors driving the
demand for halide minerals such as halite and sylvite over the next few years. In addition, increasing
demand for organic food has also contributed towards the rising consumption of potash fertilizers, which
in turn are expected to boost the demand for KCl over the forecast period. However, price volatility in
certain halide minerals such as potassium chloride are expected to make a severe impact on the growth
of the market over the forecast period. Increasing use of halide minerals market in the biofertilizers
industry is expected to provide new opportunities for the growth of the market.
Agrium Inc., Arab Potash Company, Israel Chemicals Ltd. (ICL), Morton Salt, and Sinochem Lantian Co.,
Ltd are some of the key manufacturers of halide minerals dominating the market.
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Key points covered in the report:-
1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
Browse the full “All Upcoming Persistence Market's ” report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp
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Halide Minerals Market: Global Industry Analysis and Forecast 2014 - 2020
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