Global Industrial Salt Market

Industrial Salt Market Size, Share, Growth Analysis, By Source (Natural Brine, Rock Salt), By Production Process (Conventional Mining, Solar Evaporation), By Application (Chemical, Manufacturing), By Region - Industry Forecast 2025-2032


Report ID: SQMIG30C2126 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 92 | Figures: 76

Industrial Salt Market Regional Insights

The global industrial salts market is segmented by region, North America dominates the industrial salts market, both in terms of consumption and production. With a well-established industrial infrastructure and a wide range of applications across various sectors, such as chemical manufacturing, water treatment, and oil and gas, North America remains at the forefront of the market. The region's abundant salt reserves and efficient extraction methods contribute to its leading position. Additionally, the demand for de-icing salts in winter seasons further drives the growth of the industrial salts market in North America.

On the other hand, Asia Pacific emerges as the fastest growing segment in the global industrial salts market. The region's rapid economic development, population growth, and urbanization have created a surge in demand for industrial salts across diverse industries. Countries like China, India, and Japan are witnessing significant industrial expansion, leading to increased consumption of salts in chemical production, construction, and water treatment applications. Moreover, the rising awareness of environmental concerns and the need for sustainable solutions further fuel the demand for industrial salts in the region.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Industrial Salt Market size was valued at USD 14.15 billion in 2022 and is poised to grow from USD 14.61 billion in 2023 to USD 18.79 billion by 2031, growing at a CAGR of 3.2% during the forecast period (2024-2031). 

The global industrial salt market is characterized by a competitive landscape with several key players operating on a global scale. These players compete based on factors such as product quality, pricing, distribution networks, and technological advancements. Here are some prominent companies in the global industrial salt market. 'Akzo Nobel (Netherlands) ', 'Cargill Salt (U.S.) ', 'Compass Minerals International, Inc. (U.S.) ', 'INEOS Enterprises Salt (U.K.) ', 'Solvay (Belgium) ', 'K+S Aktiengesellschaft. (Germany) ', 'China National Salt Industry (China) ', 'Tata Chemicals (India) ', 'Salins Group (France) ', 'CIECH Group (Poland) ', 'Hunan Salt Industry Co., Ltd. (China) ', 'Cheetham Salt Limited (Australia) ', 'Mitsui & Co., Ltd. (Japan) ', 'Dominion Salt (New Zealand) ', 'Shandong Chengyuan Group (China) ', 'Dampier Salt Limited (Australia) ', 'Arya Group (Iran) ', 'Morton Salt (U.S.) ', 'Dead Sea Works Ltd. (Israel)  ', 'Wilson Salt Company (U.S.) '

The rapid industrialization across various sectors, including chemical manufacturing, water treatment, and oil and gas, is a major driver for the industrial salts market. The demand for salts in these industries for applications such as chemical synthesis, water softening, and drilling fluids continues to grow.

In order to manufacture the products like ethylene dichloride industrial salts are used and this is the only available option which is cost effective. It shall provide major opportunities for the growth of the market in the forecast period. 50% of industrial salts are demanded for the chemical processes across the world.

The global industrial salts market is segmented by region, North America dominates the industrial salts market, both in terms of consumption and production. With a well-established industrial infrastructure and a wide range of applications across various sectors, such as chemical manufacturing, water treatment, and oil and gas, North America remains at the forefront of the market. The region's abundant salt reserves and efficient extraction methods contribute to its leading position. Additionally, the demand for de-icing salts in winter seasons further drives the growth of the industrial salts market in North America.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Industrial Salt Market

Report ID: SQMIG30C2126

$5,300
BUY NOW GET FREE SAMPLE