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.
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:
- BASF SE
- Evonik Industries
- Merck KGAA
- Solvay S.A.
- The Chemours Company
- Ionic Liquids Technologies GmbH
- Reinste Nanoventure
- Dupont
- Linde
- Cytec
- Tokyo Chemical Industry
Highlights of The Liquid Salt Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Inorganic
- Organic
- By Application:
- Solvents & Catalysts
- Extractions & Separations
- Bio-refineries
- Energy storage
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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