Press release
Industrial Salts Global Market Report (2020-2027) Segmented by Type, Application and region (NA, EU, and etc.)
Latest market research report on Global Industrial Salts Market published by Global Market Monitor, offers updated COVID-19 Impacts on global or regional Industrial Salts market.
Hydrochloric acid, caustic soda, soda ash, ammonium chloride, chlorine gas and other major products in the basic chemical industry are mainly produced with industrial salt as raw materials. The global market for industrial salt is expected to reach USD 13.5 billion by 2026. China and the U.S. account for the largest market share. Growing industrialization and growing demand for chemical industry products in Asia Pacific is expected to increase the consumption of industrial salt. North America is expected to witness growth due to extensive use of de-icing in extreme weather conditions.In 2016, the U.S. market accounted for 16.4% of the global consumption, owing to growing demand for industrial salt from highway de-icing and chemical processing products. Central and South America are rich in natural mineral deposits and have high production capacity. Brazil and Chile are the major producers in the region, exporting large quantities of products to North America and Europe. Moreover, growing demand for the product in agricultural applications is expected to increase the consumption of industrial salt in the region.
Industrial Salts are widely used in industry and are one of the most basic raw materials for the chemical industry, which is called the "mother of chemical industry". Hydrochloric acid, caustic soda, soda ash, ammonium chloride, chlorine gas, etc., which are the main products of the basic chemical industry, are mainly produced with industrial salt as raw material.
Industrial salt is used in the production of chlorine, caustic soda ash, and soda ash, among others, and is expected to drive the growth of the industrial salt market owing to its various applications including highway de-icing, oil & gas industry, water treatment, agriculture, and chemical processing, with increasing demand from these industries. Growth in technological innovations related to high purity salt production, such as vacuum pot technology, is expected to drive market growth.
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Key Market Players Profile
Players covered in the report are:
Tata Chemicals Limited
Donald Brown Group
Compass Minerals
INEOS Enterprises
ZOUTMAN Industries
Cargill
Morton Salt
China National Salt Industry Corporation (CNSIC)
AkzoNobel N.V
Mitsui & Co. Ltd.
Rio Tinto PLC.
European Salt Company
Exportadora De Sal SA.
Delmon Salt Factory
K+S Group
The report provides an analysis of the market's competitive landscape and offers information on the products offered by various companies, which will help companies create strategies to take advantages of the emerging opportunities in the future. Production and consumption are estimated to continue developing with a stable growth rate during the forecast period. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.
Industrial Salts End-users:
Chemical Processing
De-Icing
Oil & Gas
Water Treatment
Agriculture
Others
By type
By Source
Brine
Salt Mines
By Product
Rock Salt
Salt in Brine
Solar Salt
Vacuum Pan Salt
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Industrial Salts Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Industrial Salts Market by Types
4 Segmentation of Industrial Salts Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Industrial Salts Market in Major Countries
7 North America Industrial Salts Landscape Analysis
8 Europe Industrial Salts Landscape Analysis
9 Asia Pacific Industrial Salts Landscape Analysis
10 Latin America, Middle East & Africa Industrial Salts Landscape Analysis
11 Major Players Profile
…
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The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.
Industrial Salts Market Intended Audience:
• Industrial Salts manufacturers
• Industrial Salts traders, distributors, and suppliers
• Industrial Salts industry associations
• Product managers, Industrial Salts industry administrator, C-level executives of the industries
• Market Research and consulting firms
Key Features of the Industrial Salts Market Report
-Report customization as per the client’s requirements
-Analysis of product segments for Industrial Salts market with historical data and forecast
-Learn about the various market strategies that are being adopted by leading companies.
-Global Industrial Salts market size & trends, drivers, constraints, growth opportunities, regional and country level analysis, investment opportunities, and recommendations
-It provides a six-year forecast based on Industrial Salts market growth forecasts
Available Customizations – Market Monitor offers customizations according to the company's specific needs.
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