Sodium Chloride Market Expected To Be Worth US$ 19 Billion By 2024

Sodium chloride is generally famous as salt. Sodium chloride occurs in crystal forms which are used in large amount across different consumer applications and industrial use. Sodium chloride is obtained from sea water by evaporation method. It is ionic element having sodium and chloride ions in same ration that is in 1:1 ratio. Sodium chloride is used in many applications such as in chemical intermediates, water treatment, deicing, animal feed additive, flavoring and food preservatives. It is also used in manufacture of chlor alkali products includes caustic soda, chlorine and soda ash. These products are then used in the manufacturing of different end user products such as detergents, soaps, dyes, glass and PVC. Sodium chloride is also used as flavoring agent and food preservative agent as it presents properties like taste enhancer, distinct flavor, color and pleasant aroma.

The Global Sodium Chloride Market is expected to exceed more than US$ 19 Billion by 2024; Growing at a CAGR of more than 3.5% in the given forecast period.

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The major driving factors of Global Sodium Chloride Market are as follows:

• Increasing demand for packed food
• Rising chlor alkali market in APAC

The restraining factors of global sodium chloride market are as follows:

• Low Profit Margin
• Fluctuations in snowfall impact require for sodium chloride in deicing application

This report provides:

1) An overview of the global market for global sodium chloride and related technologies.

2) Identifications of new market opportunities and targeted promotional plans for global sodium chloride.

3) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2024.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

The scope of the report includes a detailed study of Global & Regional markets for Global Sodium Chloride with the reasons given for variations in the growth of the industry in certain regions.

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The Global sodium chloride Market has been segmented as below:

By Grade Analysis:

• Rock Salt
• Solar Salt
• Others (Vacuum Salt, etc.)

By Application Analysis:

• Animal Feed Additive
• Chemical Intermediate
• Water Treatment
• Deicing
• Flavoring Agent & Food Preservative
• Others (Pharmaceuticals, etc.)

By Regional Analysis:

North America
Europe
Asia-Pacific
Rest of the World

Table of Contents
1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Application
5.2.2 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increase in Chronic and Kidney Diseases
5.3.1.2 Strong Demand for Pharmaceutical Grade Sodium Chloride in North America and Europe
5.3.2 Restraints
5.3.2.1 Stringent Government Regulations and Certifications
5.3.2.2 Low Profitabilty
5.3.3 Opportunities
5.3.3.1 Pure and Certified Pharmaceutical Salt
5.3.3.2 Increased Spending Power in Emerging Markets
5.3.3.3 Increased Demand From Emerging Markets
5.3.4 Challenges
5.3.4.1 Developing New Technologies and Innovations
5.3.4.2 Certifications
6 Industry Trends
7 Pharmaceutical Grade Sodium Chloride Market, By Application
8 Pharmaceutical Grade Sodium Chloride Market, By Region
9 Competitive Landscape
10 Company Profiles
10.1 Akzonobel N.V.
10.2 K+S AG
10.3 Dominion Salt Ltd.
10.4 Cargill Incorporated
10.5 Tata Chemicals Limited
10.6 Salinen Austria AG
10.7 Sudsalz Gmbh
10.8 Cheetham Salt Ltd.
10.9 Swiss Saltworks AG
10.10 US Salt LLC
10.11 Hebei Huachen Pharmaceutical Co., Ltd

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