United States Industrial Salts Market 2031 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities

Market Size and Growth

Industrial Salts Market is expected to grow at a CAGR of 2.0% during the forecast period 2024-2031

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Key Development:

United States: Recent Industry Developments

✅ In December 2025, Morton Salt announced a significant production expansion expected to be complete within the next 12-18 months, increasing industrial salt output across its existing rock, evaporated, and solar salt facilities nationwide. This expansion ramps up capacity to meet industrial supply needs for de‐icing, chemical processing, and water treatment sectors. It reinforces the company's role as a major U.S. industrial salt supplier.

✅ In March 2025, Cargill launched its new high‐purity industrial salt under the ClearPointTM line designed for chemical manufacturing and water‐treatment applications, produced at an upgraded New York facility to serve evolving industry needs. This launch reflects ongoing innovation in industrial salt products targeting performance and process consistency in key sectors. It strengthens domestic supply for high‐value customers.

Japan: Recent Industry Developments

✅ In December 2025, the Neogen Ionics-Morita JV was confirmed as a finalized partnership focused on manufacturing and selling solid LiPF6 battery salt, leveraging Japanese tech to support India's battery ecosystem and global supply diversification. This JV demonstrates recent active moves by a Japanese chemical investor into industrial salt derivatives crucial for battery industries. It highlights cross‐border industrial salt derivative collaboration.

✅ In November 2025, Neogen Ionics concluded a joint venture agreement with Japan's Morita Investment to produce solid LiPF6 electrolyte salt in India, combining Japanese technology expertise to strengthen battery materials supply chains. The partnership targets expanding production of critical electrolyte salts for lithium‐ion battery markets outside China. It reflects strategic Japan‐linked industrial salt ingredient collaboration and diversification.

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Key Players:

=> Cargill, Inc, China National Salt Industry Corporation (CNSIC), Tata Chemicals Ltd., Mitsui & Co. Ltd., Rio Tinto PLC, Compass Minerals International Inc., Exportadora De Sal De C.V., Ineos Group Holdings S.A., CK Life Sciences International Holdings Inc., and Akzonobel N.V.

Key Segments:

By Source

Natural Brine leads with 55% share, driven by abundant underground saline reservoirs, cost-efficient extraction, and high purity requirements for chemical and industrial applications. Rock Salt accounts for 45%, supported by traditional mining operations, de-icing applications, and agricultural uses in regions with rich salt deposits.

By Manufacturing Process

Conventional Mining dominates with 50% share, fueled by large-scale extraction for de-icing, water treatment, and industrial chemicals. Vacuum Pan Evaporation holds 50%, reflecting demand for high-purity salt in chemical processing, pharmaceuticals, and food-grade applications where controlled crystallization is critical.

By Application

Chemical Processing leads with 25% share, driven by demand for chlorine, caustic soda, and other industrial chemicals. De-Icing accounts for 20%, supported by road safety regulations, snow-prone regions, and municipal usage. Water Treatment represents 15%, fueled by municipal and industrial water purification needs. Oil & Gas holds 12%, reflecting drilling fluids, refining, and chemical treatment applications. Agriculture accounts for 10%, driven by livestock feed, fertilizers, and soil treatment. Other applications make up 18%, including food processing, textile manufacturing, and detergents.

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By Region

North America - 30% Share
North America leads with 30%, driven by extensive road de-icing requirements, large-scale chemical processing, and strong mining and brine extraction infrastructure in the U.S. and Canada.

Europe - 28% Share
Europe holds 28%, supported by chemical processing, water treatment demand, and de-icing activities across Germany, France, U.K., Italy, Spain, and surrounding countries.

Asia Pacific - 25% Share
Asia Pacific accounts for 25%, fueled by rapid industrialization, chemical production, and growing infrastructure development in China, India, Japan, and Southeast Asia.

Middle East & Africa - 10% Share
The Middle East & Africa represent 10%, supported by mining operations, chemical industry growth, and oil & gas applications in GCC countries, South Africa, and other emerging markets.

Latin America - 7% Share
Latin America holds 7%, driven by salt mining, chemical manufacturing, and water treatment requirements in Brazil, Mexico, and neighboring countries.

FAQ

Q: What is the growth rate of the Industrial Salts Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 2.0% during the forecast period from 2024 to 2031.

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