Sodium Chloride Market by Type (Rock Salt, Solar Salt, Vacuum Salt), Grade (Food Grade, Lab Grade, Pharmaceutical Grade), Application - Global Forecast 2023-2030
The Sodium Chloride Market is projected to reach USD 31.43 billion by 2030 from USD 21.61 billion in 2022, at a CAGR of 4.78% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Sodium Chloride Market.
- Based on Type, market is studied across Rock Salt, Solar Salt, and Vacuum Salt. The Solar Salt commanded largest market share of 44.23% in 2022, followed by Vacuum Salt.
- Based on Grade, market is studied across Food Grade, Lab Grade, Pharmaceutical Grade, and Reagent Grade. The Food Grade commanded largest market share of 31.69% in 2022, followed by Lab Grade.
- Based on Application, market is studied across Chemical Production, Deicing, Feed Additive, Flavoring Agent & Food Preservative, Pharmaceutical, and Water Treatment. The Chemical Production commanded largest market share of 38.14% in 2022, followed by Flavoring Agent & Food Preservative.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.23% in 2022, followed by Asia-Pacific.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Sodium Chloride Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Sodium Chloride Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Sodium Chloride Market, highlighting leading vendors and their innovative profiles. These include AGROSAL GmbH, Akzo Nobel N.V, Anish Chemicals, Cargill, Incorporated, Central Drug House (P) Ltd., ChemQuest International, Inc., CIECH S.A., Compass Minerals International, Inc., Dominion Salt, Ebrator Biochemicals, Inc., Finar Limited, Global Calcium Private Limited, Hibrett Puratex, HubSalt, ICL Group Ltd., Indenta Chemicals (India) Pvt. Ltd., K+S Aktiengesellschaft, Merck KGaA, Mitsui & Co., Ltd., Morton Salt, Inc., Noah Chemicals, Inc., Oakwood Products, Inc., ProChem, Inc., Rio Tinto plc, Rishi Chemical, Salinen Austria Aktiengesellschaft, SSP Pvt Limited, Sukha Chemical Industries, Swiss Saltworks Ltd., Südwestdeutsche Salzwerke AG, Tata Chemicals Limited, Tokyo Chemical Industry Co., Ltd., Univar Solutions Inc., Wacker Chemie AG, and Yogi Chemical Industries.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Sodium Chloride Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Sodium Chloride Market?
- What is the competitive strategic window for identifying opportunities in the Sodium Chloride Market?
- What are the latest technology trends and regulatory frameworks in the Sodium Chloride Market?
- What is the market share of the leading vendors in the Sodium Chloride Market?
- Which modes and strategic moves are suitable for entering the Sodium Chloride Market?
Please Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Sodium Chloride Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Wide use of sodium chloride as a flavor enhancer and preservatives
- 5.1.1.2. Increasing investments and expansion of water treatment facilities worldwide
- 5.1.1.3. Extensive use as raw material in the industrial manufacturing of various products
- 5.1.2. Restraints
- 5.1.2.1. Problems related with production of sodium chloride
- 5.1.3. Opportunities
- 5.1.3.1. Potential utilization of sodium chloride in battery technology for energy storage
- 5.1.3.2. Growing research and consumption of sodium chloride in the pharmaceutical sector
- 5.1.4. Challenges
- 5.1.4.1. Complexities associated with storage and transportation of sodium chloride
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.3.1. Capitalizing on the growing sodium chloride market is creating opportunities for expansion and collaboration across Americas
- 5.3.2. Strengthened manufacturing capabilities and increased investments is fueling growth of sodium chloride across APAC
- 5.3.3. Vast presence of salt deposits and large-scale production of sodium chloride in EMEA
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 5.10.1. Pricing Analysis and Trends
- 6. Sodium Chloride Market, by Type
- 6.1. Introduction
- 6.2. Rock Salt
- 6.3. Solar Salt
- 6.4. Vacuum Salt
- 7. Sodium Chloride Market, by Grade
- 7.1. Introduction
- 7.2. Food Grade
- 7.3. Lab Grade
- 7.4. Pharmaceutical Grade
- 7.5. Reagent Grade
- 8. Sodium Chloride Market, by Application
- 8.1. Introduction
- 8.2. Chemical Production
- 8.3. Deicing
- 8.4. Feed Additive
- 8.5. Flavoring Agent & Food Preservative
- 8.6. Pharmaceutical
- 8.7. Water Treatment
- 9. Americas Sodium Chloride Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Sodium Chloride Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Sodium Chloride Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Agreement, Collaboration, & Partnership
- 12.3.1.1. Altech selects suppliers for its German sodium-chloride solid state battery plant
- 12.3.2. New Product Launch & Enhancement
- 12.3.2.1. Hikma launches Midazolam in 0.9% Sodium Chloride Injection in the US
- 12.3.2.2. MISHTANN FOODS PLANS TO INTRODUCE NEW PRODUCTS IN DOMESTIC MARKET
- 12.3.2.3. Mishtann Foods launches Himalayan Pink SaltMishtann Foods launches Himalayan Pink Salt
- 12.3.2.4. Stalin launches government's own brand of iodised salt
- 12.3.2.5. Tata Salt Launches Edible Salt with Added Zinc
- 12.3.2.6. Tata Salt takes a step forward in its Premiumization Journey with the launch of Tata Salt SuperLite
- 12.3.3. Investment & Funding
- 12.3.3.1. U.S. company to invest USD 200 million in Pak pink salt industry
- 12.3.4. Award, Recognition, & Expansion
- 12.3.4.1. GMG launches the world’s second largest fully automated Himalayan pink salt manufacturing facility in the UAE
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. AGROSAL GmbH
- 13.1.2. Akzo Nobel N.V
- 13.1.3. Anish Chemicals
- 13.1.4. Cargill, Incorporated
- 13.1.5. Central Drug House (P) Ltd.
- 13.1.6. ChemQuest International, Inc.
- 13.1.7. CIECH S.A.
- 13.1.8. Compass Minerals International, Inc.
- 13.1.9. Dominion Salt
- 13.1.10. Ebrator Biochemicals, Inc.
- 13.1.11. Finar Limited
- 13.1.12. Global Calcium Private Limited
- 13.1.13. Hibrett Puratex
- 13.1.14. HubSalt
- 13.1.15. ICL Group Ltd.
- 13.1.16. Indenta Chemicals (India) Pvt. Ltd.
- 13.1.17. K+S Aktiengesellschaft
- 13.1.18. Merck KGaA
- 13.1.19. Mitsui & Co., Ltd.
- 13.1.20. Morton Salt, Inc.
- 13.1.21. Noah Chemicals, Inc.
- 13.1.22. Oakwood Products, Inc.
- 13.1.23. ProChem, Inc.
- 13.1.24. Rio Tinto plc
- 13.1.25. Rishi Chemical
- 13.1.26. Salinen Austria Aktiengesellschaft
- 13.1.27. SSP Pvt Limited
- 13.1.28. Sukha Chemical Industries
- 13.1.29. Swiss Saltworks Ltd.
- 13.1.30. Südwestdeutsche Salzwerke AG
- 13.1.31. Tata Chemicals Limited
- 13.1.32. Tokyo Chemical Industry Co., Ltd.
- 13.1.33. Univar Solutions Inc.
- 13.1.34. Wacker Chemie AG
- 13.1.35. Yogi Chemical Industries
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
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