Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Liquid Salt Market by Type (Inorganic, Organic), By Application (Solvents & Catalysts, Extractions & Separations, Bio-refineries, Energy storage, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Liquid Salt Market by Type (Inorganic, Organic), By Application (Solvents & Catalysts, Extractions & Separations, Bio-refineries, Energy storage, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 199035 3300 Chemical & Material 377 243 Pages 4.6 (42)
                                          

Market Overview:


The global liquid salt market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for liquid salt in various applications such as solvents & catalysts, extractions & separations, bio-refineries, energy storage and others. Inorganic salts are projected to hold a larger share of the global liquid salt market during the forecast period owing to their properties such as high thermal stability and corrosion resistance.


Global Liquid Salt Industry Outlook


Product Definition:


A salt that is in a liquid form. It is used to add flavor to food and also as a preservative.


Inorganic:


Inorganic is a chemical compound of two or more non-metallic elements, which are bonded together. Some examples of inorganic compounds are salt, sulfuric acid, and peroxides. In the Liquid Salt industry there are mainly three types of inorganic compounds that can be used namely halides (I), sulfates (II) & oxalates (III). The most common use for these products is to desalt water by adding them to it.


Organic:


Organic is a product that has not been treated with any harmful chemicals or pesticides. It contains carbon chains and carbon rings, which are normal components of organic compounds. However, it also contains other elements such as hydrogen, nitrogen, sulfur and oxygen which make it different from the conventional inorganic compounds. The main aim of producing organic products is to produce food items that have less or no side effects on human health after consumption.


Application Insights:


The other applications of the product include food and beverages, pharmaceuticals, water treatment, ice harvesting and agriculture. The growing importance of these products in the food processing industry is expected to have a positive impact on market growth over the forecast period. The increasing use of these salts in manufacturing various flavors for foods is projected to drive demand over the next six years.


Liquid salts are used as an electrolyte in lithium-ion batteries due to their high electrochemical stability; this property makes them suitable for long-term storage and transportation of Li+ions within battery cells. Furthermore, they exhibit superior properties such as low volatility & toxicity which make them ideal for use across end-use industries including automotive & electronics where they are used extensively as corrosion inhibitors or preservatives respectively.


Regional Analysis:


Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population, with developing countries such as China, India, Indonesia and Bangladesh contributing significantly to economic growth. Growing industrialization coupled with increasing energy demand has led to rising environmental pollution in Asia Pacific which is expected to spur product demand over the coming years.


The growing chemical industry along with rising investments by multinational companies in R&D activities are anticipated to drive product consumption across Europe during the forecast period. Countries such as Germany have witnessed an increase in salt production owing high technological advancements observed within its chemical industry that enables it produce a large variety of chemicals from scratch using only raw materials and sea water thus reducing dependency on imports thereby driving liquid salt production across Europe over past few decades.


Growth Factors:


  • Increasing demand from the food and beverage industry as a flavor enhancer.
  • Growing popularity of condiments and sauces that contain liquid salt as an ingredient.
  • Rising demand for processed foods that are low in sodium content.
  • Increasing use of liquid salt in home-cooking recipes to enhance flavor profile of dishes without adding excess sodium levels.

Scope Of The Report

Report Attributes

Report Details

Report Title

Liquid Salt Market Research Report

By Type

Inorganic, Organic

By Application

Solvents & Catalysts, Extractions & Separations, Bio-refineries, Energy storage, Others

By Companies

BASF SE, Evonik Industries, Merck KGAA, Solvay S.A., The Chemours Company, Ionic Liquids Technologies GmbH, Reinste Nanoventure, Dupont, Linde, Cytec, Tokyo Chemical Industry

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

243

Number of Tables & Figures

171

Customization Available

Yes, the report can be customized as per your need.


Global Liquid Salt Market Report Segments:

The global Liquid Salt market is segmented on the basis of:

Types

Inorganic, Organic

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Solvents & Catalysts, Extractions & Separations, Bio-refineries, Energy storage, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. BASF SE
  2. Evonik Industries
  3. Merck KGAA
  4. Solvay S.A.
  5. The Chemours Company
  6. Ionic Liquids Technologies GmbH
  7. Reinste Nanoventure
  8. Dupont
  9. Linde
  10. Cytec
  11. Tokyo Chemical Industry

Global Liquid Salt Market Overview


Highlights of The Liquid Salt Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Inorganic
    2. Organic
  1. By Application:

    1. Solvents & Catalysts
    2. Extractions & Separations
    3. Bio-refineries
    4. Energy storage
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Liquid Salt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Liquid Salt Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Liquid salt is a type of salt that has been dissolved in water. It is often used as a seasoning or to add flavor to food.

Some of the key players operating in the liquid salt market are BASF SE, Evonik Industries, Merck KGAA, Solvay S.A., The Chemours Company, Ionic Liquids Technologies GmbH, Reinste Nanoventure, Dupont, Linde, Cytec, Tokyo Chemical Industry.

The liquid salt market is expected to register a CAGR of 6.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Liquid Salt Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Liquid Salt Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Liquid Salt Market - Supply Chain
   4.5. Global Liquid Salt Market Forecast
      4.5.1. Liquid Salt Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Liquid Salt Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Liquid Salt Market Absolute $ Opportunity

5. Global Liquid Salt Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Liquid Salt Market Size and Volume Forecast by Type
      5.3.1. Inorganic
      5.3.2. Organic
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Liquid Salt Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Liquid Salt Market Size and Volume Forecast by Application
      6.3.1. Solvents & Catalysts
      6.3.2. Extractions & Separations
      6.3.3. Bio-refineries
      6.3.4. Energy storage
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Liquid Salt Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Liquid Salt Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Liquid Salt Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Liquid Salt Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Liquid Salt Demand Share Forecast, 2019-2026

9. North America Liquid Salt Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Liquid Salt Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Liquid Salt Market Size and Volume Forecast by Application
      9.4.1. Solvents & Catalysts
      9.4.2. Extractions & Separations
      9.4.3. Bio-refineries
      9.4.4. Energy storage
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Liquid Salt Market Size and Volume Forecast by Type
      9.7.1. Inorganic
      9.7.2. Organic
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Liquid Salt Demand Share Forecast, 2019-2026

10. Latin America Liquid Salt Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Liquid Salt Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Liquid Salt Market Size and Volume Forecast by Application
      10.4.1. Solvents & Catalysts
      10.4.2. Extractions & Separations
      10.4.3. Bio-refineries
      10.4.4. Energy storage
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Liquid Salt Market Size and Volume Forecast by Type
      10.7.1. Inorganic
      10.7.2. Organic
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Liquid Salt Demand Share Forecast, 2019-2026

11. Europe Liquid Salt Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Liquid Salt Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Liquid Salt Market Size and Volume Forecast by Application
      11.4.1. Solvents & Catalysts
      11.4.2. Extractions & Separations
      11.4.3. Bio-refineries
      11.4.4. Energy storage
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Liquid Salt Market Size and Volume Forecast by Type
      11.7.1. Inorganic
      11.7.2. Organic
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Liquid Salt Demand Share, 2019-2026

12. Asia Pacific Liquid Salt Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Liquid Salt Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Liquid Salt Market Size and Volume Forecast by Application
      12.4.1. Solvents & Catalysts
      12.4.2. Extractions & Separations
      12.4.3. Bio-refineries
      12.4.4. Energy storage
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Liquid Salt Market Size and Volume Forecast by Type
      12.7.1. Inorganic
      12.7.2. Organic
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Liquid Salt Demand Share, 2019-2026

13. Middle East & Africa Liquid Salt Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Liquid Salt Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Liquid Salt Market Size and Volume Forecast by Application
      13.4.1. Solvents & Catalysts
      13.4.2. Extractions & Separations
      13.4.3. Bio-refineries
      13.4.4. Energy storage
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Liquid Salt Market Size and Volume Forecast by Type
      13.7.1. Inorganic
      13.7.2. Organic
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Liquid Salt Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Liquid Salt Market: Market Share Analysis
   14.2. Liquid Salt Distributors and Customers
   14.3. Liquid Salt Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. BASF SE
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Evonik Industries
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Merck KGAA
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Solvay S.A.
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. The Chemours Company
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Ionic Liquids Technologies GmbH
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Reinste Nanoventure
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Dupont
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Linde
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Cytec
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Tokyo Chemical Industry
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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