Market Overview:
The global sodium chloride market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sodium chloride from various applications such as chemical intermediate, deicing, flavoring agent, food preservative, water treatment and animal feed additive. In terms of type, solar salt is projected to be the fastest-growing segment during the forecast period. This can be attributed to its growing demand from water treatment and agricultural applications. North America is expected to dominate the global sodium chloride market during the forecast period owing to high production of salt in countries such as U.S.
Product Definition:
Sodium chloride is a mineral that is found in the body. It helps to maintain the balance of fluids inside and outside of cells. It also helps to keep blood pressure normal and muscles working properly.
Solar Salt:
Solar salt is a by-product obtained during the evaporation of water from a salt solution. It consists of ionic components such as sodium and chlorine along with an amorphous solid residue. The product has high demand in the agriculture industry owing to its ability to increase the pH level of soil, which in turn enhances plant growth.
The product also finds application in wastewater treatment plants where it is used for de-icing.
Rock Salt:
Rock salt is a type of halite, which is mined from large underground deposits. It has high content of sodium and chloride. Rock salt is used in the production of chlorine and caustic soda, owing to its high sodium content.
Application Insights:
The chemical intermediate application segment accounted for the largest market share in 2017 and is projected to witness significant growth over the forecast period. The product is extensively used as a chemical intermediate in various industrial processes, including paper bleaching, caustic soda production, and chlorine manufacturing.
In terms of volume, the water treatment application segment was valued at USD 575.0 million in 2017 owing to rising demand from various end-use industries including pharmaceuticals and food processing across different regions of the world such as North America; Europe; Asia Pacific; Latin America; Middle East & Africa. Sodium chloride plays an important role as a flavor enhancer in several applications such as cheese making, meat seasoning & curing products like bacon among others which are likely to propel its demand globally over the coming years.
Regional Analysis:
Asia Pacific sodium chloride market dominated the global industry and accounted for over 45% of the total revenue in 2016. The region is expected to witness significant growth on account of rising product demand from various end-use industries including chemical, food, water treatment, and deicing. In addition, increasing population coupled with rising disposable income levels has resulted in increased consumer spending on household products including food additives such as flavor enhancers and preservatives which will drive demand further.
The Asia Pacific regional market is anticipated to grow at a CAGR of XX% over the forecast period owing to high consumption volumes generated by rapidly growing end-use industries such as chemicals & petrochemicals along with an increase in per capita income levels leading to higher spending capacity among consumers resulting in greater penetration for industrial applications wherein sodium chloride finds application other than deicing or flavoring agent where it acts as an intermediate ingredient for production of various chemicals such as fertilizers, plastics etc.).
Growth Factors:
- Increasing demand from the food and beverage industry as a flavor enhancer and preservative.
- Growing use of sodium chloride in personal care products for its cleansing and antiseptic properties.
- Rising demand for salt substitutes as consumers become more health conscious.
- Increasing application of sodium chloride in water treatment plants to improve water quality.
- Growing popularity of saline nasal sprays as a means to relieve congestion and allergies
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Chloride Market Research Report
By Type
Solar Salt, Rock Salt, Vacuum Salt
By Application
Chemical Intermediate, Deicing, Flavoring Agent, Food Preservative, Water Treatment, Animal Feed Additive
By Companies
AkzoNobel, Cargill, Compass Minerals, K+S Aktiengesellschaft, Tata, Wacker Chemie, Südwestdeutsche Salzwerke, INEOS, DSL, Swiss Salt Works, Cheetham Salt
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Chloride Market Report Segments:
The global Sodium Chloride market is segmented on the basis of:
Types
Solar Salt, Rock Salt, Vacuum Salt
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
Chemical Intermediate, Deicing, Flavoring Agent, Food Preservative, Water Treatment, Animal Feed Additive
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:
- AkzoNobel
- Cargill
- Compass Minerals
- K+S Aktiengesellschaft
- Tata
- Wacker Chemie
- Südwestdeutsche Salzwerke
- INEOS
- DSL
- Swiss Salt Works
- Cheetham Salt
Highlights of The Sodium Chloride 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:
- Solar Salt
- Rock Salt
- Vacuum Salt
- By Application:
- Chemical Intermediate
- Deicing
- Flavoring Agent
- Food Preservative
- Water Treatment
- Animal Feed Additive
- 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 Sodium Chloride 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?
Sodium chloride is a mineral salt. It is found in many places around the world, including Earth's oceans and groundwater. Sodium chloride helps to regulate water balance and blood pressure.
Some of the major companies in the sodium chloride market are AkzoNobel, Cargill, Compass Minerals, K+S Aktiengesellschaft, Tata, Wacker Chemie, SƒÂ¼dwestdeutsche Salzwerke, INEOS, DSL, Swiss Salt Works, Cheetham Salt.
The sodium chloride market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sodium Chloride 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. Sodium Chloride Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sodium Chloride Market - Supply Chain
4.5. Global Sodium Chloride Market Forecast
4.5.1. Sodium Chloride Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sodium Chloride Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sodium Chloride Market Absolute $ Opportunity
5. Global Sodium Chloride 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. Sodium Chloride Market Size and Volume Forecast by Type
5.3.1. Solar Salt
5.3.2. Rock Salt
5.3.3. Vacuum Salt
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sodium Chloride 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. Sodium Chloride Market Size and Volume Forecast by Application
6.3.1. Chemical Intermediate
6.3.2. Deicing
6.3.3. Flavoring Agent
6.3.4. Food Preservative
6.3.5. Water Treatment
6.3.6. Animal Feed Additive
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sodium Chloride 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. Sodium Chloride 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 Sodium Chloride 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. Sodium Chloride 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 Sodium Chloride Demand Share Forecast, 2019-2029
9. North America Sodium Chloride 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 Sodium Chloride 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 Sodium Chloride Market Size and Volume Forecast by Application
9.4.1. Chemical Intermediate
9.4.2. Deicing
9.4.3. Flavoring Agent
9.4.4. Food Preservative
9.4.5. Water Treatment
9.4.6. Animal Feed Additive
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sodium Chloride Market Size and Volume Forecast by Type
9.7.1. Solar Salt
9.7.2. Rock Salt
9.7.3. Vacuum Salt
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 Sodium Chloride Demand Share Forecast, 2019-2029
10. Latin America Sodium Chloride 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 Sodium Chloride 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 Sodium Chloride Market Size and Volume Forecast by Application
10.4.1. Chemical Intermediate
10.4.2. Deicing
10.4.3. Flavoring Agent
10.4.4. Food Preservative
10.4.5. Water Treatment
10.4.6. Animal Feed Additive
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sodium Chloride Market Size and Volume Forecast by Type
10.7.1. Solar Salt
10.7.2. Rock Salt
10.7.3. Vacuum Salt
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 Sodium Chloride Demand Share Forecast, 2019-2029
11. Europe Sodium Chloride 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 Sodium Chloride 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 Sodium Chloride Market Size and Volume Forecast by Application
11.4.1. Chemical Intermediate
11.4.2. Deicing
11.4.3. Flavoring Agent
11.4.4. Food Preservative
11.4.5. Water Treatment
11.4.6. Animal Feed Additive
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sodium Chloride Market Size and Volume Forecast by Type
11.7.1. Solar Salt
11.7.2. Rock Salt
11.7.3. Vacuum Salt
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 Sodium Chloride Demand Share, 2019-2029
12. Asia Pacific Sodium Chloride 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 Sodium Chloride 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 Sodium Chloride Market Size and Volume Forecast by Application
12.4.1. Chemical Intermediate
12.4.2. Deicing
12.4.3. Flavoring Agent
12.4.4. Food Preservative
12.4.5. Water Treatment
12.4.6. Animal Feed Additive
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sodium Chloride Market Size and Volume Forecast by Type
12.7.1. Solar Salt
12.7.2. Rock Salt
12.7.3. Vacuum Salt
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 Sodium Chloride Demand Share, 2019-2029
13. Middle East & Africa Sodium Chloride 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 Sodium Chloride 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 Sodium Chloride Market Size and Volume Forecast by Application
13.4.1. Chemical Intermediate
13.4.2. Deicing
13.4.3. Flavoring Agent
13.4.4. Food Preservative
13.4.5. Water Treatment
13.4.6. Animal Feed Additive
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sodium Chloride Market Size and Volume Forecast by Type
13.7.1. Solar Salt
13.7.2. Rock Salt
13.7.3. Vacuum Salt
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 Sodium Chloride Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Sodium Chloride Market: Market Share Analysis
14.2. Sodium Chloride Distributors and Customers
14.3. Sodium Chloride Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AkzoNobel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cargill
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Compass Minerals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. K+S Aktiengesellschaft
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tata
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wacker Chemie
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Südwestdeutsche Salzwerke
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. INEOS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DSL
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Swiss Salt Works
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cheetham Salt
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