Sodium Chloride Market : Business overview, Upcoming Trends and Top Company Analysis Forecast

SDKI Inc. published a new research report on "Sodium Chloride Market-Forecast 2022-2031". The report provides a complete assessment of the market and its growth prospects, along with new business opportunities in the industry. It also includes market size and annual growth during the 2022-2031 forecast period.

Report sample URL
https://www.sdki.jp/sample-request-92770

The sodium chloride market is estimated to reach US $ 48.39 billion by 2031, from a market value of US $ 30.36 billion in 2022, and is expected to grow at a CAGR of 6% during the 2022-2031 forecast period.

Sodium chloride represents a white crystalline solid with the chemical formula NaCl. It is commonly referred to as salt, table salt or common salt. It is white in color, crystalline in appearance, salty in taste, and water-soluble. Sodium chloride has a variety of end uses in various areas such as food, medicine, industry and chemistry. Its applications include deicing, softening, and the production of various chemicals (caustic soda, sodium chlorite, sodium chlorite, sodium bicarbonate, etc.).

Sodium chloride consumption is driven primarily by agriculture (especially fungicides) and the livestock sector, which accounts for the majority of its consumption. Increased use of sodium chloride in various industries is a factor driving the growth of the sodium chloride market during the forecast period. In the food sector, NaCl is mainly used in seasonings, coloring, meat hardening and fish preservation. This helps to enhance flavor, preserve food, prevent spoilage, and ensure ready-to-eat meat and cheese are safe to eat. Salt is also used in the fermentation process of foods such as sauerkraut, pickles and kefir. It is also used for flush or intravenous injection of catheters and for cleaning objects such as contact lenses. These factors also contributed to the growth of the sodium chloride market during the forecast period. NaCl is one of the essential chemicals used in the chemical industry, primarily used in the production of caustic soda, sodium chlorite, ammonium chloride and sodium bicarbonate.

Sample URL of the report
https://www.sdki.jp/sample-request-92770

Sodium chloride market segment

The sodium chloride market is divided by source (seawater, rock salt, etc.), end use (chemical industry, food grade salt, road deicing, etc.), and region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Regional Overview of the Sodium Chloride Market

In addition, the report covers all regions of the world, divided into North America, Europe, Asia Pacific, Latin America, Middle East & Africa and more. In 2017, the Asia Pacific region dominated the global sodium chloride market. The Asia Pacific region is estimated to lead the global sodium chloride market during the forecast period. Emerging economies in the Asia-Pacific region, such as China and India, are major producers and users of chlorine alkalis. This is driving the growth of the sodium chloride market in the region. North America and Europe, on the other hand, are mature regions of the global sodium chloride market. In these regions, the sodium chloride market is expected to grow rapidly due to the presence of major manufacturers.

For further analysis, each region is further subdivided into countries:

· Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, Other Asia Pacific)

· North America (US and Canada)

· Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa)

· Latin America (Brazil, Mexico, Argentina, Other Latin America)

· Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia, Other Europe)

Sodium Chloride Key Players on the Market

Key players on the sodium chloride market include K + S Group, China National Salt, Compass Minerals, Cargill and Dampier Salt. The study includes a detailed competitive analysis of these major companies in the sodium chloride market, corporate profiles, recent developments, and key market strategies.

Details of the survey report
https://www.sdki.jp/press-details/sodium-chloride-market/651

Contact Us

Hina Miyazu
15/F Cerulean Tower, 26-1 Sakuragaoka-cho
Tokyo, Shibuya-ku, Japan
+ 81345720790
sales@sdki.jp

SDKI Inc. Company Profile

SDKI Inc.'s goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. Is to clarify. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

This release was published on openPR.