Industrial Salt Market - Global Outlook & Forecast 2023-2028

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THE GLOBAL INDUSTRIAL SALT MARKET IS EXPECTED TO REACH USD 17.43 BILLION BY 2028 FROM USD 13.67 BILLION IN 2022, GROWING AT A CAGR OF 4.13% DURING THE FORECAST PERIOD.

The Industrial Salt Market Size, Share, & Trends Analysis Report By

  • Process: Extractor and Steamer
  • Product Types: Solar Salt, Rock Salt, Salt in Brine, and Vacuum Salt
  • End-user: Chemical Industry, De-icing, Water Treatment, Oil & Gas Industry, and Others
  • Geography: North America, Europe, APAC, Latin America, and Middle East & Africa

Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2023–2028.

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GLOBAL INDUSTRIAL SALT MARKET REPORT SCOPE

REPORT ATTRIBUTEDETAILS
Market Size (2028)USD 17.43 Billion
Market Size (2022)USD 13.67 Billion
CAGR (2022-2028)4.13%
MARKET SIZE – VOLUME (2028)389.51 Million Tons
BASE YEAR2022
Forecast Year2023-2028
Market SegmentsProcess, Product Type, End-user, and Geography
Geographic AnalysisNorth America, Europe, APAC, Latin America, and Middle East & Africa
KEY PLAYERSCargill, Compass Mineral America, Dominion Salt, Rio Tinto, Tata Chemicals, K+S Aktiengesellschaft, China National Salt Industry Group Co. Ltd, and INEOS
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INDUSTRY INSIGHTS

The global industrial salt market size was valued at USD 13.67 billion in 2022 and is expected to reach USD 17.43 billion by 2028, growing at a CAGR of 4.13% during the forecast period. The main use of salt is in the chemical sector, primarily producing chloralkali and synthetic soda ash. Solar evaporation, rock salt mining, and solution mining are the primary methods of salt production. Further, salt being a low-cost commodity, the fluctuating demand for de-icing salt, and growth in logistics and transportation costs determine the cost of salt products and the revenue of the producers.

The global industrial salts market shipments are expected to reach 389.51 million tons by 2028. Industrial salt is used for non-food purposes such as chemical manufacturing, water treatment, and de-icing. It has over 14,000 applications, including dye setting, glass production, and tire manufacturing. Salt production is one of the most ancient and widely distributed industries in over 100 countries. Nearly 60% of global salt production is intended for industrial applications. The industrial salt market is becoming more competitive, with Asia expected to show the strongest regional growth. The international trade of industrial salt has witnessed enormous growth, with traditional European salt producers competing with new suppliers from as far away as Australia, Mexico, and Chile. The salt market provides industry players with enormous growth opportunities.

MARKET TRENDS & OPPORTUNITIES

Increased Use of Salt in Chemical and Pharmaceutical Industries
Salt is an essential component of the chemical and pharmaceutical industry, where it is used for chemical synthesis and manufacturing of several commodities such as rubber, glass, paper, and textiles. Chloride, commonly used for cleaning, produces various chemicals, drugs, and plastics, with over 85% of medicines, including lifesaving drugs, produced using chlorine. Caustic soda and soda ash, produced using salt, are critical components in various industrial operations, including pulp and paper, chemical processing, and detergent. The pharmaceutical industry, which is growing rapidly, is a major end-user of industrial salt, with over 50% of all drugs administered by salt. The increasing demand for pharmaceutical products, particularly in developing countries, is driving the growth of the industrial salts market.

Rising Demand for Water Treatment
Water quality is a crucial factor in various industrial sectors, such as textile and tanning, as hard water can result in adverse effects such as bleaching, uneven dyeing, and decreased lifespan of fabrics. Soft water, on the other hand, decreases the cleaning cost, increases the equipment's lifespan, and improves efficiency. In both residential and industrial settings, water softeners are widely used to mitigate the negative impacts of hard water. The global water softener market is expected to cross USD 5.7 billion in 2027, with salt-based water softeners accounting for most of the market share. The demand for portable water consumption, coupled with the rise in water-borne diseases and strict regulations related to water treatment in various sectors, is expected to drive market growth. Asia Pacific dominates the water treatment market, followed by Europe. China, Japan, South Korea, and India are the key markets in the former, and the U.K., France, Italy, and Germany in the latter.

INDUSTRY RESTRAINTS

Winter Weather Variability Affecting Salt Sales for De-icing
Industrial salt is widely used for de-icing, which accounts for approximately 20% of global consumption. Studies conducted in Wisconsin indicate that using salt for snow melting can significantly reduce road accidents by 88% and accident costs by 85%. Key markets for salt de-icing include the U.S., Canada, and Northern Europe, where a considerable amount of salt is used for de-icing roadways, sidewalks, and walkways. In the U.S., around 19 million tons of salt is used for de-icing annually, while in Canada, the number is around 5 million tons. However, the industrial salt market is significantly impacted by any fluctuations in the winter climate as it directly impacts the demand and price of salt for de-icing.

SEGMENTATION INSIGHTS

INSIGHTS BY PROCESS
The global industrial salt market by process type is divided into extractor and steamer. Industrial salt can be obtained from different sources, including steam and extraction methods. The steaming process involves the evaporation of seawater or brine under controlled conditions. There are two types of steaming methods: solar and vacuum evaporation. Solar evaporation involves using large, shallow ponds or lakes where seawater or brine evaporates naturally under the sun. This process takes some months to complete, and the resultant salt is called solar salt. The streamer process is a promising technology for the salt industry that offers more sustainable and higher-quality salt production methods. The availability of saline seawater for the production of saltwater or brine has primarily driven market consumption.

On the other hand, vacuum evaporation involves boiling seawater or brine in large vessels under vacuum conditions, reducing water's boiling point, and allowing for faster salt production. The resultant salt is called vacuum salt, which is purer than solar salt. Further, the extraction method involves mining underground salt deposits, commonly known as rock salt and solution mining. The mining process involves drilling and blasting the rock salt deposits, which are then transported to the surface for processing. The rock salt is crushed, washed, and screened to remove impurities, then either packaged as a product or further processed to produce different types of salt, such as iodized or table salt.

INSIGHTS BY PRODUCT TYPE
Salt is an essential natural resource that has various applications across diverse industries. The global industrial salt market by product types segments such as solar salt, rock mining salt, salt in brine, and vacuum salt. Salt is a significant raw material used in multiple manufacturing industries. Common sectors include chemical industries, oil, and gas, de-icing, paper, pulp, etc. Trusted producers and suppliers distribute millions of tons of salt to consumers worldwide. To manage the large volume efficiently of industrial salt, various strict protocols and standards need to be taken into consideration to ensure the quality and purity level and efficiency level of the product

INSIGHTS BY END-USER
The global industrial salt market has various end-users across various sectors. Some key end-users of industrial salt include the chemical industry, where salt is used as a raw material for producing diverse chemicals such as soda ash, chlorine, and caustic soda. The chemical industry is the largest global industrial salt market end-users, accounting for approximately 51% share in 2022. The oil and gas industry uses salt in drilling operations as a component of drilling fluids.

The industrial salt market has a significant role in preserving, seasoning, and curing food products in the food processing industry. The water treatment industry utilizes salt for water softening and purification, while the pharmaceutical industry uses it to manufacture medicines and medical products. Additionally, salt is a widely used de-icing agent for clearing roadways, sidewalks, and walkways during the winter season. Millions of tons of salt are distributed worldwide by trusted producers and suppliers. Strict protocols and standards are in place to manage this large volume efficiently to ensure the product's quality, purity, and efficiency level. Overall, the industrial salt market is driven by diverse end-users across various sectors, and its significance as a natural resource cannot be overstated.

GEOGRAPHICAL ANALYSIS

APAC dominated the global industrial salts market, accounting for over 45% of the global consumption by volume. The Asia-Pacific region is the fastest-growing market, driven by growing industrialization, population growth, and increasing demand for processed food and chemicals. India, China, and Japan are the key markets in this region, with China being the largest producer and consumer of industrial salt globally. The growth in urbanization in East Asian countries is driving the construction market in the region. PVC and glass are the key materials of construction. Again, industrial salt is used as a primary raw material for producing PVC and glass, thus, boosting the growth of the industrial salt market in the region.

In North America, owing to the colder weather, especially in Northern U.S., and Canada, a huge amount of de-icing salt is consumed yearly. In the U.S., approximately 19 million tons of salt is used yearly for de-icing the roads, sideways, and walkways. Further, Europe's largest salt-producing countries include Germany, the U.K., France, Poland, and Russia. Salt is usually present in the European market in two forms, rock salt and salt in brine. The widespread usage of rock salt in de-icing and the chemical industry primarily drives the industrial salt market in the region.

In Latin America, Brazil is the leading consumer of industrial salt, driven by the demand for chemicals and the growing mining industry. The Middle East and Africa are also important industrial salt markets, with the United Arab Emirates, Saudi Arabia, and South Africa being the critical consumers. These regions have a growing chemical and oil and gas sector, which drives the demand for industrial salt.

COMPETITIVE LANDSCAPE

The global industrial salt market is favorably competitive, with several global and regional players operating. Cargill, Compass Minerals, Akzo Nobel, K+S AG, Tata Chemicals, INEOS Salt, and China National Salt Industry Corporation are some of the key players in the global industrial salt market, with significant industry shares. These players use various strategies to maintain their competitive edge, including product innovation and development, mergers and acquisitions, and expanding production capacity. For example, some companies focus on producing low-sodium salt for the food industry. Others are investing in expanding their de-icing business in Europe or strengthening their position in the Latin American market by building a new salt plant in Chile. The industrial salt market is expected to witness intense competition in the coming years due to increasing demand and evolving customer preferences.

Frequently Asked Questions

How big is the industrial salts market?

The global industrial salts market size was valued at USD 13.67 billion in 2022 and is expected to reach USD 17.43 billion by 2028.

What is the growth rate of the global industrial salts market?

The global industrial salts market is expected to grow at a CAGR of 4.13% from 2022 to 2028.

What are the significant trends in the industrial salts market?

Rapid industrialization, the rising use of solar salt, and the expansion of salt mines and production are significant trends in the industrial salts market.

Which region dominates the global industrial salts market share?

APAC held the most substantial global industrial salts market share.

Who are the key players in the global industrial salts market?

Cargill, Compass Mineral America, Dominion Salt, Rio Tinto, Tata Chemicals, K+S Aktiengesellschaft, China National Salt Industry Group Co. Ltd, and INEOS are the key players in the global industrial salts market.

The global industrial salt market size is expected to grow at a CAGR of approximately 4.13% from 2022 to 2028.

The following factors are likely to contribute to the growth of the global industrial salt market during the forecast period:

  • Technological Advancement in Salt Production
  • Increased Use of Salt in Chemical and Pharmaceutical Industries
  • Rising Demand for Water Treatment

Base Year: 2022

Forecast Year: 2023-2028

The report considers the present scenario of the global industrial salt market and its market dynamics for 2023−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.

Key Company Profiles

  • Cargill
    • Business Overview
    • Product Offerings
    • Key Strengths
    • Key Strategies
    • Key Opportunities
  • Compass Mineral America
  • Dominion Salt
  • Rio Tinto
  • Tata Chemicals
  • K+S Aktiengesellschaft
  • China National Salt Industry Group Co. Ltd
  • INEOS

Other Prominent Vendors

  • Wilson Salt
    • Business Overview
    • Product Offerings
  • ICL Salt
  • Irish Salt Mining
  • Nobian
  • Donald Brown Group
  • Delmon
  • Mitsui & Co.
  • Morton Salt
  • Archean Chemical Industries
  • Zoutman
  • Swiss Salt Works
  • Salins Group
  • Amra Salt Factory
  • CIECH GROUP
  • American Rock Salt

Segmentation by Process

  • Extractor
  • Steamer

Segmentation by Product Type

  • Solar Salt
  • Rock Salt
  • Salt in Brine
  • Vacuum Salt

Segmentation by End-user

  • Chemical Industry
  • De-icing
  • Water Treatment
  • Oil & Gas Industry
  • Others

Segmentation by Geography

  • APAC
    • China
    • India
    • Australia
    • Japan
    • South Korea
  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The U.K.
    • Russia
    • France
    • Poland
  • Middle East & Africa
    • Iran
    • Saudi Arabia
    • UAE
    • Turkey
    • Egypt
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

EXHIBIT 1 SEGMENTATION OF GLOBAL INDUSTRIAL SALT MARKET

EXHIBIT 2 MARKET SIZE CALCULATION APPROACH 2022

EXHIBIT 3 GLOBAL CHEMICALS FORECAST 2020 & 2025 (BILLION)

EXHIBIT 4 GLOBAL DEMAND FOR SPECIALTY CHEMICALS

EXHIBIT 5 GLOBAL CHEMICAL MARKET BY END-USER INDUSTRIES & APPLICATIONS 2020

EXHIBIT 6 SALT PRODUCTION PROCESS

EXHIBIT 7 OVERVIEW OF GLOBAL SALT MARKET ($ MILLION)

EXHIBIT 8 OVERVIEW OF GLOBAL SALT PRODUCTION

EXHIBIT 9 GLOBAL SALT EXPORT & IMPORT 2021 (THOUSAND TONNES)

EXHIBIT 10 MAJOR RISK FACTORS FOR GLOBAL INDUSTRIAL SALT MARKET

EXHIBIT 11 IMPACT OF RAPID PACE OF INDUSTRIALIZATION

EXHIBIT 12 IMPACT OF GROWING USE OF SOLAR SALTS

EXHIBIT 13 SOLAR SALT PRODUCTION USING RENEWABLE ENERGY IN CHEMICAL INDUSTRY

EXHIBIT 14 SOLAR SALT PRODUCTION IN US 2018–2022 (THOUSAND METRIC TONS)

EXHIBIT 15 IMPACT OF EXPANSION OF SALT MINES & OTHER PRODUCTION FACILITIES

EXHIBIT 16 IMPACT OF TECHNOLOGICAL ADVANCES IN SALT PRODUCTION

EXHIBIT 17 IMPACT OF HIGH USE OF SALT IN CHEMICAL & PHARMACEUTICAL INDUSTRIES

EXHIBIT 18 IMPACT OF RISE IN DEMAND FOR WATER TREATMENT SYSTEMS

EXHIBIT 19 IMPACT OF HEALTH & ENVIRONMENTAL ISSUES

EXHIBIT 20 IMPACT OF LIMITED AVAILABILITY &HIGH PRICES OF RAW MATERIALS

EXHIBIT 21 IMPACT OF ENDURING ECONOMIC SLOWDOWN

EXHIBIT 22 GLOBAL ECONOMIC GROWTH 2021–2023 (%)

EXHIBIT 23 GLOBAL ECONOMIC GROWTH SCENARIO IN DEVELOPED & DEVELOPING ECONOMIES (%)

EXHIBIT 24 IMPACT OF WINTER WEATHER VARIABILITY AFFECTING SALES OF DE-ICING SALTS

EXHIBIT 25 PRICE FLUCTUATION OF ROCK SALT IN US ($/TON)

EXHIBIT 26 IMPACT OF STRINGENT GOVERNMENT REGULATIONS

EXHIBIT 27 GLOBAL INDUSTRIAL SALT MARKET 2022–2028 ($ BILLION)

EXHIBIT 28 GLOBAL INDUSTRIAL SALT MARKET 2022–2028 (MILLION UNITS)

EXHIBIT 29 FIVE FORCES ANALYSIS 2022

EXHIBIT 30 INCREMENTAL GROWTH BY PROCESS 2022 & 2028

EXHIBIT 31 OVERVIEW OF PROCESSES IN GLOBAL INDUSTRIAL SALT MARKET

EXHIBIT 32 GLOBAL INDUSTRIAL SALT MARKET BY EXTRACTOR PROCESS 2022–2028 ($ MILLION TONS)

EXHIBIT 33 SOLAR SALT PRODUCTION METHOD

EXHIBIT 34 GLOBAL INDUSTRIAL SALT MARKET BY STEAMER PROCESS 2022–2028 ($ MILLION TONS)

EXHIBIT 35 INCREMENTAL GROWTH BY PRODUCT TYPE 2022 & 2028

EXHIBIT 36 GLOBAL SALT MARKET BY VOLUME 2022 & 2028

EXHIBIT 37 CONVENTIONAL SALT PRODUCTION METHOD

EXHIBIT 38 GLOBAL INDUSTRIAL SOLAR SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 39 GLOBAL INDUSTRIAL ROCK SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 40 GLOBAL INDUSTRIAL SALT IN BRINE MARKET 2022–2028 (MILLION TONS)

EXHIBIT 41 VACUUM EVAPORATION SALT PROCESS

EXHIBIT 42 GLOBAL INDUSTRIAL VACUUM SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 43 INCREMENTAL GROWTH BY END USER 2022 & 2028

EXHIBIT 44 GLOBAL INDUSTRIAL SALT MARKET SHARE BY APPLICATION 2022(%)

EXHIBIT 45 GLOBAL CHEMICAL SALES BY COUNTRY $ BILLION 2020

EXHIBIT 46 EXPECTED GLOBAL CHEMICAL SALES 2030 (%)

EXHIBIT 47 USES OF INDUSTRIAL SALTS IN VARIOUS INDUSTRIES

EXHIBIT 48 GLOBAL INDUSTRIAL SALT MARKET BY CHEMICAL INDUSTRY 2022–2028 (MILLION TONS)

EXHIBIT 49 GLOBAL INDUSTRIAL SALT MARKET BY DE-ICING 2022–2028 (MILLION TONS)

EXHIBIT 50 GLOBAL INDUSTRIAL SALT MARKET BY WATER TREATMENT 2022–2028 (MILLION TONS)

EXHIBIT 51 GLOBAL OIL PRODUCTION 2017–2021 (THOUSAND BARRELS PER DAY)

EXHIBIT 52 NATURAL GAS PRODUCTION 2017-2021 (BILLION CUBIC METERS)

EXHIBIT 53 GLOBAL INDUSTRIAL SALT MARKET BY OIL & GAS 2022–2028 (MILLION TONS)

EXHIBIT 54 GLOBAL INDUSTRIAL SALT MARKET BY OTHER END-USERS 2022–2028 (MILLION TONS)

EXHIBIT 55 INCREMENTAL GROWTH BY GEOGRAPHY 2022 & 2028

EXHIBIT 56 INCREMENTAL GROWTH BY GEOGRAPHY 2022 & 2028

EXHIBIT 57 OVERVIEW OF GLOBAL INDUSTRIAL SALT MARKET BY GEOGRAPHY & REVENUE 2022

EXHIBIT 58 MAJOR SALT PRODUCERS WORLDWIDE (MILLION TONS/YEAR)

EXHIBIT 59 GLOBAL SALT PRODUCTION 2020–2021 (% SHARE)

EXHIBIT 60 APAC INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 61 APAC INDUSTRIAL SALT MARKET 2022–2028 ($ BILLION)

EXHIBIT 62 ANALYSIS OF APAC INDUSTRIAL SALT MARKET

EXHIBIT 63 INCREMENTAL GROWTH IN APAC 2022 & 2028

EXHIBIT 64 CHINA INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 65 INDIA INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 66 AUSTRALIA INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 67 DEMAND & SUPPLY OF SALT IN JAPAN (THOUSAND METRIC TONS)

EXHIBIT 68 JAPAN INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 69 SOUTH KOREA INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 70 NORTH AMERICA INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 71 NORTH AMERICA INDUSTRIAL SALT MARKET 2022–2028 ($ BILLION)

EXHIBIT 72 INDUSTRIAL SALT ANALYSIS IN NORTH AMERICA

EXHIBIT 73 INCREMENTAL GROWTH IN NORTH AMERICA 2022 & 2028

EXHIBIT 74 PRODUCTION OF SALT IN US 2018–2021 (THOUSAND METRIC TONS)

EXHIBIT 75 US INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 76 EXPORT VOLUME OF SALT IN CANADA 2018–2021 (THOUSAND METRIC TONS)

EXHIBIT 77 CANADA INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 78 OVERVIEW OF EUROPE INDUSTRIAL SALT MARKET

EXHIBIT 79 EUROPE INDUSTRIAL SALT MARKET 2022–2028 ($ MILLION TONS)

EXHIBIT 80 EUROPE INDUSTRIAL SALT MARKET 2022–2028 ($ BILLION)

EXHIBIT 81 INCREMENTAL GROWTH IN EUROPE 2022 & 2028

EXHIBIT 82 GERMANY INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 83 UK INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 84 RUSSIA INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 85 FRANCE INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 86 POLAND INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 87 MIDDLE EAST & AFRICA INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 88 MIDDLE EAST & AFRICA INDUSTRIAL SALT MARKET 2022–2028 (BILLION)

EXHIBIT 89 INDUSTRIAL SALT ANALYSIS IN MIDDLE EAST & AFRICA

EXHIBIT 90 INCREMENTAL GROWTH IN MIDDLE EAST & AFRICA 2022 & 2028

EXHIBIT 91 IRAN INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 92 SAUDI ARABIA INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 93 UAE INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 94 TURKEY INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 95 EGYPT INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 96 LATIN AMERICA INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 97 LATIN AMERICA INDUSTRIAL SALT MARKET 2022–2028 (BILLION)

EXHIBIT 98 ANALYSIS OF LATIN AMERICA INDUSTRIAL SALT MARKET

EXHIBIT 99 INCREMENTAL GROWTH IN LATIN AMERICA 2022 & 2028

EXHIBIT 100 BRAZIL INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 101 MEXICO INDUSTRIAL SALT MARKET 2022–2028 (MILLION TONS)

EXHIBIT 102 INDUSTRIAL SALT MARKET IN REST OF LATIN AMERICA 2022–2028 (MILLION TONS)

EXHIBIT 103 KEY DRIVERS TO STRENGTHEN COMPETITIVE POSITION

 

LIST OF TABLES

TABLE 1 KEY CAVEATS

TABLE 2 CURRENCY CONVERSION 2015−2022

TABLE 3 STANDARDS FOR WATER HARDNESS CLASSIFICATION

TABLE 4 GLOBAL INDUSTRIAL SALT MARKET BY SALT TYPE 2022–2028 (MILLION TONS)

TABLE 5 GLOBAL INDUSTRIAL SALT MARKET BY PRODUCT TYPE 2022–2028 ($ MILLION TONS)

TABLE 6 GLOBAL INDUSTRIAL SALT MARKET BY END USER 2022–2028 (MILLION TONS)

TABLE 7 GLOBAL INDUSTRIAL SALT MARKET BY PROCESS 2020–2026 ($ MILLION TONS)

TABLE 8 GLOBAL INDUSTRIAL SALT MARKET BY EXTRACTOR PROCESS 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 9 GLOBAL INDUSTRIAL SALT MARKET BY STEAMER PROCESS 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 10 SOME KEY ASPECTS OF SOLAR SALT PRODUCTION

TABLE 11 GLOBAL INDUSTRIAL SOLAR SALT MARKET 2022–2028 ($ MILLION TONS) (GEOGRAPHY)

TABLE 12 KEY ASPECTS OF ROCK SALT PRODUCTION

TABLE 13 GLOBAL INDUSTRIAL ROCK SALT MARKET 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 14 GLOBAL INDUSTRIAL SALT IN BRINE MARKET 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 15 KEY ASPECTS OF VACUUM SALT PRODUCTION

TABLE 16 GLOBAL INDUSTRIAL VACUUM SALT MARKET 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 17 GLOBAL INDUSTRIAL SALT MARKET BY CHEMICAL INDUSTRY 2022–2028 (MILLION TONS)

TABLE 18 GLOBAL INDUSTRIAL SALT MARKET BY DE-ICING 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 19 GLOBAL INDUSTRIAL SALT MARKET BY WATER TREATMENT 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 20 USE OF INDUSTRIAL SALTS IN OIL & GAS INDUSTRY

TABLE 21 GLOBAL INDUSTRIAL SALT MARKET BY OIL & GAS 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 22 GLOBAL INDUSTRIAL SALT MARKET BY OTHER END USERS 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 23 APAC INDUSTRIAL SALT MARKET BY PROCESS 2022–2028 (MILLION TONS)

TABLE 24 APAC INDUSTRIAL SALT MARKET BY PRODUCT TYPE 2022–2028 (MILLION TONS)

TABLE 25 APAC INDUSTRIAL SALT MARKET BY END USER 2022–2028 (MILLION TONS)

TABLE 26 NORTH AMERICA INDUSTRIAL SALT MARKET BY PROCESS 2022–2028 (MILLION TONS)

TABLE 27 NORTH AMERICA INDUSTRIAL SALT MARKET BY PRODUCT TYPE 2022–2028 (MILLION TONS)

TABLE 28 NORTH AMERICA INDUSTRIAL SALT MARKET BY END USER 2022–2028 ($ MILLION TONS)

TABLE 29 EUROPE INDUSTRIAL SALT MARKET BY PROCESS 2022–2028 (MILLION TONS)

TABLE 30 EUROPE INDUSTRIAL SALT MARKET BY PRODUCT TYPE 2022–2028 (MILLION TONS)

TABLE 31 EUROPE INDUSTRIAL SALT MARKET BY END USER 2022–2028 (MILLION TONS)

TABLE 32 MIDDLE EAST & AFRICA INDUSTRIAL SALT MARKET BY PROCESS 2022–2028 (MILLION TONS)

TABLE 33 MIDDLE EAST & AFRICA INDUSTRIAL SALT MARKET BY PRODUCT TYPE 2022–2028 (MILLION TONS)

TABLE 34 MIDDLE EAST & AFRICA INDUSTRIAL SALT MARKET BY END USER 2022–2028 (MILLION TONS)

TABLE 35 LATIN AMERICA INDUSTRIAL SALT BY PROCESS 2022–2028 (MILLION TONS)

TABLE 36 LATIN AMERICA INDUSTRIAL SALT BY PRODUCT TYPE 2022–2028 (MILLION TONS)

TABLE 37 LATIN AMERICA INDUSTRIAL SALT BY END USER 2022–2028 (MILLION TONS)

TABLE 38 CARGILL: MAJOR PRODUCT OFFERINGS

TABLE 39 COMPASS MINERAL AMERICA: MAJOR PRODUCT OFFERINGS

TABLE 40 DOMINION SALT: MAJOR PRODUCT OFFERINGS

TABLE 41 RIO TINTO: MAJOR PRODUCT OFFERINGS

TABLE 42 TATA CHEMICALS: MAJOR PRODUCT OFFERINGS

TABLE 43 K+S AKTIENGESELLSCHAFT: MAJOR PRODUCT OFFERINGS

TABLE 44 CHINA NATIONAL SALT INDUSTRY GROUP: MAJOR PRODUCT OFFERINGS

TABLE 45 INEOS GROUP: MAJOR PRODUCT OFFERINGS

TABLE 46 WILSON SALT: MAJOR PRODUCT OFFERINGS

TABLE 47 ICL SALT: MAJOR PRODUCT OFFERINGS

TABLE 48 IRISH SALT MINES: MAJOR PRODUCT OFFERINGS

TABLE 49 NOBIAN: MAJOR PRODUCT OFFERINGS

TABLE 50 DONALD BROWN GROUP: MAJOR PRODUCT OFFERINGS

TABLE 51 DELMON: MAJOR PRODUCT OFFERINGS

TABLE 52 MITSUI & CO.: MAJOR PRODUCT OFFERINGS

TABLE 53 MORTON SALT: MAJOR PRODUCT OFFERINGS

TABLE 54 ARCHEAN CHEMICAL INDUSTRIES: MAJOR PRODUCT OFFERINGS

TABLE 55 ZOUTMAN: MAJOR PRODUCT OFFERINGS

TABLE 56 SWISS SALT WORKS: MAJOR PRODUCT OFFERINGS

TABLE 57 SALINS GROUP: MAJOR PRODUCT OFFERINGS

TABLE 58 AMRA SALT FACTORY: MAJOR PRODUCT OFFERINGS

TABLE 59 CIECH GROUP: MAJOR PRODUCT OFFERINGS

TABLE 60 AMERICAN ROCK SALT: MAJOR PRODUCT OFFERINGS

TABLE 61 GLOBAL INDUSTRIAL SALT MARKET BY GEOGRAPHY 2022–2028 (MILLION TONS)

TABLE 62 GLOBAL INDUSTRIAL SALT MARKET BY GEOGRAPHY 2022–2028 ($ BILLION)

TABLE 63 GLOBAL INDUSTRIAL SALT BY PROCESS 2022–2028 (MILLION TONS)

TABLE 64 GLOBAL INDUSTRIAL SALT MARKET BY EXTRACTOR PROCESS 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 65 GLOBAL INDUSTRIAL SALT MARKET BY STEAMER PROCESS 2022–2028 ($ MILLION TONS) (GEOGRAPHY)

TABLE 66 GLOBAL INDUSTRIAL SALT MARKET BY PRODUCT TYPE 2022–2028 ($ MILLION TONS)

TABLE 67 GLOBAL INDUSTRIAL SALT MARKET BY SOLAR SALT 2022–2028 ($ MILLION TONS) (GEOGRAPHY)

TABLE 68 GLOBAL INDUSTRIAL SALT MARKET BY ROCK SALT 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 69 GLOBAL INDUSTRIAL SALT MARKET BY VACUUM SALT 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 70 GLOBAL INDUSTRIAL SALT MARKET BY SALT IN BRINE 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 71 GLOBAL INDUSTRIAL SALT MARKET BY END USER 2022–2028 (MILLION TONS)

TABLE 72 GLOBAL INDUSTRIAL SALT MARKET BY CHEMICAL INDUSTRY 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 73 GLOBAL INDUSTRIAL SALT MARKET BY DE-ICING 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 74 GLOBAL INDUSTRIAL SALT MARKET BY WATER TREATMENT 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 75 GLOBAL INDUSTRIAL SALT MARKET BY OIL & GAS INDUSTRY 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 76 GLOBAL INDUSTRIAL SALT MARKET BY OTHER END USERS 2022–2028 (MILLION TONS) (GEOGRAPHY)

TABLE 77 APAC INDUSTRIAL SALT MARKET BY PROCESS 2022–2028 (MILLION TONS)

TABLE 78 APAC INDUSTRIAL SALT MARKET BY PRODUCT TYPE 2022–2028 (MILLION TONS)

TABLE 79 APAC INDUSTRIAL SALT MARKET BY END USER 2022–2028 (MILLION TONS)

TABLE 80 NORTH AMERICA INDUSTRIAL SALT MARKET BY PROCESS 2022–2028 (MILLION TONS)

TABLE 81 NORTH AMERICA INDUSTRIAL SALT MARKET BY PRODUCT TYPE 2022–2028 (MILLION TONS)

TABLE 82 NORTH AMERICA INDUSTRIAL SALT MARKET BY END USER 2022–2028 ($ BILLION)

TABLE 83 EUROPE INDUSTRIAL SALT MARKET BY PROCESS 2022–2028 (MILLION TONS)

TABLE 84 EUROPE INDUSTRIAL SALT MARKET BY PRODUCT TYPE 2022–2028 (MILLION TONS)

TABLE 85 EUROPE INDUSTRIAL SALT MARKET BY END USER 2022–2028 (MILLION TONS)

TABLE 86 MIDDLE EAST & AFRICA INDUSTRIAL SALT MARKET BY PROCESS 2022–2028 (MILLION TONS)

TABLE 87 MIDDLE EAST & AFRICA INDUSTRIAL SALT MARKET BY PRODUCT TYPE 2022–2028 (MILLION TONS)

TABLE 88 MIDDLE EAST & AFRICA INDUSTRIAL SALT MARKET BY END USER 2022–2028 (MILLION TONS)

TABLE 89 LATIN AMERICA INDUSTRIAL SALT MARKET BY PROCESS 2022–2028 (MILLION TONS)

TABLE 90 LATIN AMERICA INDUSTRIAL SALT MARKET BY PRODUCT TYPE 2022–2028 (MILLION TONS)

TABLE 91 LATIN AMERICA INDUSTRIAL SALT MARKET BY END USER 2022–2028 (MILLION TONS)

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

 

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATION CAVEATS

4.2 BASE YEAR

4.3 SCOPE OF THE STUDY

4.3.1 MARKET SEGMENTATION BY GEOGRAPHY

4.3.2 MARKET BY PROCESS TYPE

4.3.3 MARKET BY PRODUCT TYPE

4.3.4 MARKET BY END USER

 

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

 

6 MARKET AT A GLANCE

7 PREMIUM INSIGHTS

7.1 REPORT OVERVIEW

7.2 ANALYSIS OF OPPORTUNITIES & CHALLENGES

7.3 SEGMENT ANALYSIS

7.4 REGIONAL ANALYSIS

7.5 COMPETITOR ANALYSIS

 

8 INTRODUCTION

8.1 OVERVIEW

8.1.1 APPLICATION BASED ON ANALYSIS

8.1.2 SALT PRODUCTION PROCESS

8.1.3 GLOBAL SALT PRODUCTION

8.1.4 GOVERNMENT REGULATION AND POLICIES

8.1.5 RISK FACTORS FOR MARKET

8.1.6 COVID-19 IMPACT ANALYSIS

8.1.7 GLOBAL ECONOMIC CONDITION

 

9 MARKET OPPORTUNITIES & TRENDS

9.1 RAPID PACE OF INDUSTRIALIZATION

9.2 GROWING USE OF SOLAR SALTS

9.3 EXPANSION OF SALT MINES & OTHER PRODUCTION FACILITIES

 

10 MARKET GROWTH ENABLERS

10.1 TECHNOLOGICAL ADVANCES IN SALT PRODUCTION

10.2 HIGH USE OF SALT IN CHEMICAL & PHARMACEUTICAL INDUSTRIES

10.3 RISE IN DEMAND FOR WATER TREATMENT SYSTEMS

 

11 MARKET RESTRAINTS

11.1 HEALTH & ENVIRONMENTAL ISSUES

11.2 LIMITED AVAILABILITY & HIGH PRICES OF RAW MATERIALS

11.3 ENDURING ECONOMIC SLOWDOWN

11.4 WINTER WEATHER VARIABILITY AFFECTING SALES OF DE-ICING SALTS

11.5 STRINGENT GOVERNMENT REGULATIONS

 

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW

12.2 MARKET SIZE & FORECAST

12.3 MARKET BY PROCESS

12.4 MARKET BY PRODUCT TYPE

12.5 MARKET BY END USER

12.6 FIVE FORCES ANALYSIS

12.6.1 THREAT OF NEW ENTRANTS

12.6.2 BARGAINING POWER OF SUPPLIERS

12.6.3 BARGAINING POWER OF BUYERS

12.6.4 THREAT OF SUBSTITUTES

12.6.5 COMPETITIVE RIVALRY

 

13 PROCESS

13.1 MARKET SNAPSHOT & GROWTH ENGINE

13.2 MARKET OVERVIEW

13.3 EXTRACTOR

13.3.1 MARKET OVERVIEW

13.3.2 MARKET SIZE & FORECAST

13.3.3 MARKET BY GEOGRAPHY

13.4 STEAMER

13.4.1 MARKET OVERVIEW

13.4.2 MARKET SIZE & FORECAST

13.4.3 MARKET BY GEOGRAPHY

 

14 PRODUCT TYPE

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

14.3 SOLAR SALT

14.3.1 MARKET SIZE & FORECAST

14.3.2 MARKET BY GEOGRAPHY

14.4 ROCK SALT

14.4.1 MARKET SIZE & FORECAST

14.4.2 MARKET BY GEOGRAPHY

14.5 SALT IN BRINE

14.5.1 MARKET SIZE & FORECAST

14.5.2 MARKET BY GEOGRAPHY

14.6 VACUUM SALT

14.6.1 MARKET SIZE & FORECAST

14.6.2 MARKET BY GEOGRAPHY

 

15 END USER

15.1 MARKET SNAPSHOT & GROWTH ENGINE

15.2 MARKET OVERVIEW

15.3 CHEMICAL INDUSTRY

15.3.1 MARKET OVERVIEW

15.3.2 MARKET SIZE & FORECAST

15.3.3 MARKET BY GEOGRAPHY

15.4 DE-ICING

15.4.1 MARKET OVERVIEW

15.4.2 MARKET SIZE & FORECAST

15.4.3 MARKET BY GEOGRAPHY

15.5 WATER TREATMENT

15.5.1 MARKET OVERVIEW

15.5.2 MARKET SIZE & FORECAST

15.5.3 MARKET BY GEOGRAPHY

15.6 OIL & GAS INDUSTRY

15.6.1 MARKET OVERVIEW

15.6.2 MARKET SIZE & FORECAST

15.6.3 MARKET BY GEOGRAPHY

15.7 OTHERS

15.7.1 MARKET OVERVIEW

15.7.2 MARKET SIZE & FORECAST

15.7.3 MARKET BY GEOGRAPHY

 

16 GEOGRAPHY

16.1 MARKET SNAPSHOT & GROWTH ENGINE (REVENUE)

16.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)

16.3 GEOGRAPHIC OVERVIEW

 

17 APAC

17.1 MARKET SIZE & FORECAST

17.2 PROCESS

17.2.1 MARKET SIZE & FORECAST

17.3 PRODUCT TYPE

17.3.1 MARKET SIZE & FORECAST

17.4 END USER

17.4.1 MARKET SIZE & FORECAST

17.5 KEY COUNTRIES (VOLUME)

17.5.1 CHINA: MARKET SIZE & FORECAST

17.5.2 INDIA: MARKET SIZE & FORECAST

17.5.3 AUSTRALIA: MARKET SIZE & FORECAST

17.5.4 JAPAN: MARKET SIZE & FORECAST

17.5.5 SOUTH KOREA: MARKET SIZE & FORECAST

 

18 NORTH AMERICA

18.1 MARKET SIZE & FORECAST

18.2 PROCESS

18.2.1 MARKET SIZE & FORECAST

18.3 PRODUCT TYPE

18.3.1 MARKET SIZE & FORECAST

18.4 END USER

18.4.1 MARKET SIZE & FORECAST

18.5 KEY COUNTRIES (VOLUME)

18.5.1 US: MARKET SIZE & FORECAST

18.5.2 CANADA: MARKET SIZE & FORECAST

 

19 EUROPE

19.1 MARKET SIZE & FORECAST

19.2 PROCESS

19.2.1 MARKET SIZE & FORECAST

19.3 PRODUCT TYPE

19.3.1 MARKET SIZE & FORECAST

19.4 END USER

19.4.1 MARKET SIZE & FORECAST

19.5 KEY COUNTRIES (VOLUME)

19.5.1 GERMANY: MARKET SIZE & FORECAST

19.5.2 UK: MARKET SIZE & FORECAST

19.5.3 RUSSIA: MARKET SIZE & FORECAST

19.5.4 FRANCE: MARKET SIZE & FORECAST

19.5.5 POLAND: MARKET SIZE & FORECAST

 

20 MIDDLE EAST & AFRICA

20.1 MARKET SIZE & FORECAST

20.2 PROCESS

20.2.1 MARKET SIZE & FORECAST

20.3 PRODUCT TYPE

20.3.1 MARKET SIZE & FORECAST

20.4 END USER

20.4.1 MARKET SIZE & FORECAST

20.5 KEY COUNTRIES (VOLUME)

20.5.1 IRAN: MARKET SIZE & FORECAST

20.5.2 SAUDI ARABIA: MARKET SIZE & FORECAST

20.5.3 UAE: MARKET SIZE & FORECAST

20.5.4 TURKEY: MARKET SIZE & FORECAST

20.5.5 EGYPT: MARKET SIZE & FORECAST

 

21 LATIN AMERICA

21.1 MARKET SIZE & OVERVIEW

21.2 PROCESS

21.2.1 MARKET SIZE & FORECAST

21.3 PRODUCT TYPE

21.3.1 MARKET SIZE & FORECAST

21.4 END USER

21.4.1 MARKET SIZE & FORECAST

21.5 KEY COUNTRIES (VOLUME)

21.5.1 BRAZIL: MARKET SIZE & FORECAST

21.5.2 MEXICO: MARKET SIZE & FORECAST

21.5.3 REST OF LATIN AMERICA: MARKET SIZE & FORECAST

 

22 COMPETITIVE LANDSCAPE

22.1 COMPETITION OVERVIEW

 

23 KEY COMPANY PROFILES

23.1 CARGILL

23.1.1 BUSINESS OVERVIEW

23.1.2 PRODUCT OFFERINGS

23.1.3 KEY STRATEGIES

23.1.4 KEY STRENGTH

23.1.5 KEY OPPORTUNITIES

23.2 COMPASS MINERALS AMERICA

23.2.1 BUSINESS OVERVIEW

23.2.2 PRODUCT OFFERINGS

23.2.3 KEY STRATEGIES

23.2.4 KEY STRENGTH

23.2.5 KEY OPPORTUNITIES

23.3 DOMINION SALT

23.3.1 BUSINESS OVERVIEW

23.3.2 PRODUCT OFFERINGS

23.3.3 KEY STRATEGIES

23.3.4 KEY STRENGTH

23.3.5 KEY OPPORTUNITIES

23.4 RIO TINTO

23.4.1 BUSINESS OVERVIEW

23.4.2 PRODUCT OFFERINGS

23.4.3 KEY STRATEGIES

23.4.4 KEY STRENGTH

23.4.5 KEY OPPORTUNITIES

23.5 TATA CHEMICALS

23.5.1 BUSINESS OVERVIEW

23.5.2 PRODUCT OFFERINGS

23.5.3 KEY STRATEGIES

23.5.4 KEY STRENGTH

23.5.5 KEY OPPORTUNITIES

23.6 K+S AKTIENGESELLSCHAFT

23.6.1 BUSINESS OVERVIEW

23.6.2 PRODUCT OFFERINGS

23.6.3 KEY STRATEGIES

23.6.4 KEY STRENGTH

23.6.5 KEY OPPORTUNITIES

23.7 CHINA NATIONAL SALT INDUSTRY GROUP

23.7.1 BUSINESS OVERVIEW

23.7.2 PRODUCT OFFERINGS

23.7.3 KEY STRATEGIES

23.7.4 KEY STRENGTH

23.7.5 KEY OPPORTUNITIES

23.8 INEOS GROUP

23.8.1 BUSINESS OVERVIEW

23.8.2 PRODUCT OFFERINGS

23.8.3 KEY STRATEGIES

23.8.4 KEY STRENGTH

23.8.5 KEY OPPORTUNITIES

 

24 OTHER PROMINENT VENDORS

24.1 WILSON SALT

24.1.1 BUSINESS OVERVIEW

24.1.2 PRODUCT OFFERINGS

24.2 ICL SALT

24.2.1 BUSINESS OVERVIEW

24.2.2 PRODUCT OFFERINGS

24.3 IRISH SALT MINES

24.3.1 BUSINESS OVERVIEW

24.3.2 PRODUCT OFFERINGS

24.4 NOBIAN

24.4.1 BUSINESS OVERVIEW

24.4.2 PRODUCT OFFERINGS

24.5 DONALD BROWN GROUP

24.5.1 BUSINESS OVERVIEW

24.5.2 PRODUCT OFFERINGS

24.6 DELMON

24.6.1 BUSINESS OVERVIEW

24.6.2 PRODUCT OFFERINGS

24.7 MITSUI & CO.

24.7.1 BUSINESS OVERVIEW

24.7.2 PRODUCT OFFERINGS

24.8 MORTON SALT

24.8.1 BUSINESS OVERVIEW

24.8.2 PRODUCT OFFERINGS

24.9 ARCHEAN CHEMICAL INDUSTRIES

24.9.1 BUSINESS OVERVIEW

24.9.2 PRODUCT OFFERINGS

24.10 ZOUTMAN

24.10.1 BUSINESS OVERVIEW

24.10.2 PRODUCT OFFERINGS

24.11 SWISS SALT WORKS

24.11.1 BUSINESS OVERVIEW

24.11.2 PRODUCT OFFERINGS

24.12 SALINS GROUP

24.12.1 BUSINESS OVERVIEW

24.12.2 PRODUCT OFFERINGS

24.13 AMRA SALT FACTORY

24.13.1 BUSINESS OVERVIEW

24.13.2 PRODUCT OFFERINGS

24.14 CIECH GROUP

24.14.1 BUSINESS OVERVIEW

24.14.2 PRODUCT OFFERINGS

24.15 AMERICAN ROCK SALT

24.15.1 BUSINESS OVERVIEW

24.15.2 PRODUCT OFFERINGS

 

25 REPORT SUMMARY

25.1 KEY TAKEAWAYS

25.2 STRATEGIC RECOMMENDATIONS

26 QUANTITATIVE SUMMARY

26.1 MARKET BY GEOGRAPHY

26.2 MARKET BY PROCESS

26.3 MARKET BY PRODUCT TYPE

26.4 MARKET BY END USER

26.5 APAC

26.5.1 PROCESS

26.5.2 PRODUCT TYPE

26.5.3 END USER

26.6 NORTH AMERICA

26.6.1 PROCESS

26.6.2 PRODUCT TYPE

26.6.3 END USER

26.7 EUROPE

26.7.1 PROCESS

26.7.2 PRODUCT TYPE

26.7.3 END USER

26.8 MIDDLE EAST & AFRICA

26.8.1 PROCESS

26.8.2 PRODUCT TYPE

26.8.3 END USER

26.9 LATIN AMERICA

26.9.1 PROCESS

26.9.2 PRODUCT TYPE

26.9.3 END USER

 

27 APPENDIX

27.1 ABBREVIATIONS

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Frequently Asked Questions

How big is the industrial salts market?

The global industrial salts market size was valued at USD 13.67 billion in 2022 and is expected to reach USD 17.43 billion by 2028.

What is the growth rate of the global industrial salts market?

The global industrial salts market is expected to grow at a CAGR of 4.13% from 2022 to 2028.

What are the significant trends in the industrial salts market?

Rapid industrialization, the rising use of solar salt, and the expansion of salt mines and production are significant trends in the industrial salts market.

Which region dominates the global industrial salts market share?

APAC held the most substantial global industrial salts market share.

Who are the key players in the global industrial salts market?

Cargill, Compass Mineral America, Dominion Salt, Rio Tinto, Tata Chemicals, K+S Aktiengesellschaft, China National Salt Industry Group Co. Ltd, and INEOS are the key players in the global industrial salts market.