Global Solar Salt Market Research Report 2023(Status and Outlook)
Report Overview
Solar salt is salt formed through the solar evaporation process. Because solar salt is made from brine, insoluble impurities in the salt can be eliminated. Solar salt’s sodium chloride content is usually 99.5% or higher.
In the global market, the core manufacturers of solar salt include Rio Tinto, K+S, Mitsui and Cargill etc, and the top 4 manufacturers account for above 20% of the market share. The market include Asia Pacific, Europe and North America, with a share of 52%, 19% and 18%. Sea water accounted for 81% and underground brine accounted for 19%. The product is mainly used in chemical industry and food industry fields, with a share of 67% and 20%.
The Global Solar Salt Market Size was estimated at USD 7156.60 million in 2022 and is projected to reach USD 7619.82 million by 2029, exhibiting a CAGR of 0.90% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Solar Salt market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Solar Salt Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Solar Salt market in any manner.
Global Solar Salt Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Rio Tinto
K+S
Mitsui
Cargill
Tata
Shandong Haihua
Shandong Chengyuan
Compass Minerals
Shandong Weifang Longwei
Nirma
Huitai Group
Luyan Group
CK Life Sciences
Shandong Dadi Salt Chemical
Dongying Salt Chemical
Shandong Wudi Haifeng
Dalian Salt Chemical
Lubei Chemical
Cimsal
Shandong Binhua Haiyuan Salt Chemical
Shouguang Weidong Chemical
United Salt
Krystalline Salt
Market Segmentation (by Type)
Sea Water
Underground Brine
Market Segmentation (by Application)
Transport
Conveyor Systems and Automation
Mechanical and Plant Engineering
Water Treatment
Food Industry
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Solar Salt Market
Overview of the regional outlook of the Solar Salt Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Solar Salt
- 1.2 Key Market Segments
- 1.2.1 Solar Salt Segment by Type
- 1.2.2 Solar Salt Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Solar Salt Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Solar Salt Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Solar Salt Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Solar Salt Market Competitive Landscape
- 3.1 Global Solar Salt Sales by Manufacturers (2018-2023)
- 3.2 Global Solar Salt Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Solar Salt Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Solar Salt Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Solar Salt Sales Sites, Area Served, Product Type
- 3.6 Solar Salt Market Competitive Situation and Trends
- 3.6.1 Solar Salt Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Solar Salt Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Solar Salt Industry Chain Analysis
- 4.1 Solar Salt Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Solar Salt Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Solar Salt Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Solar Salt Sales Market Share by Type (2018-2023)
- 6.3 Global Solar Salt Market Size Market Share by Type (2018-2023)
- 6.4 Global Solar Salt Price by Type (2018-2023)
- 7 Solar Salt Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Solar Salt Market Sales by Application (2018-2023)
- 7.3 Global Solar Salt Market Size (M USD) by Application (2018-2023)
- 7.4 Global Solar Salt Sales Growth Rate by Application (2018-2023)
- 8 Solar Salt Market Segmentation by Region
- 8.1 Global Solar Salt Sales by Region
- 8.1.1 Global Solar Salt Sales by Region
- 8.1.2 Global Solar Salt Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Solar Salt Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Solar Salt Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Solar Salt Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Solar Salt Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Solar Salt Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Rio Tinto
- 9.1.1 Rio Tinto Solar Salt Basic Information
- 9.1.2 Rio Tinto Solar Salt Product Overview
- 9.1.3 Rio Tinto Solar Salt Product Market Performance
- 9.1.4 Rio Tinto Business Overview
- 9.1.5 Rio Tinto Solar Salt SWOT Analysis
- 9.1.6 Rio Tinto Recent Developments
- 9.2 K+S
- 9.2.1 K+S Solar Salt Basic Information
- 9.2.2 K+S Solar Salt Product Overview
- 9.2.3 K+S Solar Salt Product Market Performance
- 9.2.4 K+S Business Overview
- 9.2.5 K+S Solar Salt SWOT Analysis
- 9.2.6 K+S Recent Developments
- 9.3 Mitsui
- 9.3.1 Mitsui Solar Salt Basic Information
- 9.3.2 Mitsui Solar Salt Product Overview
- 9.3.3 Mitsui Solar Salt Product Market Performance
- 9.3.4 Mitsui Business Overview
- 9.3.5 Mitsui Solar Salt SWOT Analysis
- 9.3.6 Mitsui Recent Developments
- 9.4 Cargill
- 9.4.1 Cargill Solar Salt Basic Information
- 9.4.2 Cargill Solar Salt Product Overview
- 9.4.3 Cargill Solar Salt Product Market Performance
- 9.4.4 Cargill Business Overview
- 9.4.5 Cargill Solar Salt SWOT Analysis
- 9.4.6 Cargill Recent Developments
- 9.5 Tata
- 9.5.1 Tata Solar Salt Basic Information
- 9.5.2 Tata Solar Salt Product Overview
- 9.5.3 Tata Solar Salt Product Market Performance
- 9.5.4 Tata Business Overview
- 9.5.5 Tata Solar Salt SWOT Analysis
- 9.5.6 Tata Recent Developments
- 9.6 Shandong Haihua
- 9.6.1 Shandong Haihua Solar Salt Basic Information
- 9.6.2 Shandong Haihua Solar Salt Product Overview
- 9.6.3 Shandong Haihua Solar Salt Product Market Performance
- 9.6.4 Shandong Haihua Business Overview
- 9.6.5 Shandong Haihua Recent Developments
- 9.7 Shandong Chengyuan
- 9.7.1 Shandong Chengyuan Solar Salt Basic Information
- 9.7.2 Shandong Chengyuan Solar Salt Product Overview
- 9.7.3 Shandong Chengyuan Solar Salt Product Market Performance
- 9.7.4 Shandong Chengyuan Business Overview
- 9.7.5 Shandong Chengyuan Recent Developments
- 9.8 Compass Minerals
- 9.8.1 Compass Minerals Solar Salt Basic Information
- 9.8.2 Compass Minerals Solar Salt Product Overview
- 9.8.3 Compass Minerals Solar Salt Product Market Performance
- 9.8.4 Compass Minerals Business Overview
- 9.8.5 Compass Minerals Recent Developments
- 9.9 Shandong Weifang Longwei
- 9.9.1 Shandong Weifang Longwei Solar Salt Basic Information
- 9.9.2 Shandong Weifang Longwei Solar Salt Product Overview
- 9.9.3 Shandong Weifang Longwei Solar Salt Product Market Performance
- 9.9.4 Shandong Weifang Longwei Business Overview
- 9.9.5 Shandong Weifang Longwei Recent Developments
- 9.10 Nirma
- 9.10.1 Nirma Solar Salt Basic Information
- 9.10.2 Nirma Solar Salt Product Overview
- 9.10.3 Nirma Solar Salt Product Market Performance
- 9.10.4 Nirma Business Overview
- 9.10.5 Nirma Recent Developments
- 9.11 Huitai Group
- 9.11.1 Huitai Group Solar Salt Basic Information
- 9.11.2 Huitai Group Solar Salt Product Overview
- 9.11.3 Huitai Group Solar Salt Product Market Performance
- 9.11.4 Huitai Group Business Overview
- 9.11.5 Huitai Group Recent Developments
- 9.12 Luyan Group
- 9.12.1 Luyan Group Solar Salt Basic Information
- 9.12.2 Luyan Group Solar Salt Product Overview
- 9.12.3 Luyan Group Solar Salt Product Market Performance
- 9.12.4 Luyan Group Business Overview
- 9.12.5 Luyan Group Recent Developments
- 9.13 CK Life Sciences
- 9.13.1 CK Life Sciences Solar Salt Basic Information
- 9.13.2 CK Life Sciences Solar Salt Product Overview
- 9.13.3 CK Life Sciences Solar Salt Product Market Performance
- 9.13.4 CK Life Sciences Business Overview
- 9.13.5 CK Life Sciences Recent Developments
- 9.14 Shandong Dadi Salt Chemical
- 9.14.1 Shandong Dadi Salt Chemical Solar Salt Basic Information
- 9.14.2 Shandong Dadi Salt Chemical Solar Salt Product Overview
- 9.14.3 Shandong Dadi Salt Chemical Solar Salt Product Market Performance
- 9.14.4 Shandong Dadi Salt Chemical Business Overview
- 9.14.5 Shandong Dadi Salt Chemical Recent Developments
- 9.15 Dongying Salt Chemical
- 9.15.1 Dongying Salt Chemical Solar Salt Basic Information
- 9.15.2 Dongying Salt Chemical Solar Salt Product Overview
- 9.15.3 Dongying Salt Chemical Solar Salt Product Market Performance
- 9.15.4 Dongying Salt Chemical Business Overview
- 9.15.5 Dongying Salt Chemical Recent Developments
- 9.16 Shandong Wudi Haifeng
- 9.16.1 Shandong Wudi Haifeng Solar Salt Basic Information
- 9.16.2 Shandong Wudi Haifeng Solar Salt Product Overview
- 9.16.3 Shandong Wudi Haifeng Solar Salt Product Market Performance
- 9.16.4 Shandong Wudi Haifeng Business Overview
- 9.16.5 Shandong Wudi Haifeng Recent Developments
- 9.17 Dalian Salt Chemical
- 9.17.1 Dalian Salt Chemical Solar Salt Basic Information
- 9.17.2 Dalian Salt Chemical Solar Salt Product Overview
- 9.17.3 Dalian Salt Chemical Solar Salt Product Market Performance
- 9.17.4 Dalian Salt Chemical Business Overview
- 9.17.5 Dalian Salt Chemical Recent Developments
- 9.18 Lubei Chemical
- 9.18.1 Lubei Chemical Solar Salt Basic Information
- 9.18.2 Lubei Chemical Solar Salt Product Overview
- 9.18.3 Lubei Chemical Solar Salt Product Market Performance
- 9.18.4 Lubei Chemical Business Overview
- 9.18.5 Lubei Chemical Recent Developments
- 9.19 Cimsal
- 9.19.1 Cimsal Solar Salt Basic Information
- 9.19.2 Cimsal Solar Salt Product Overview
- 9.19.3 Cimsal Solar Salt Product Market Performance
- 9.19.4 Cimsal Business Overview
- 9.19.5 Cimsal Recent Developments
- 9.20 Shandong Binhua Haiyuan Salt Chemical
- 9.20.1 Shandong Binhua Haiyuan Salt Chemical Solar Salt Basic Information
- 9.20.2 Shandong Binhua Haiyuan Salt Chemical Solar Salt Product Overview
- 9.20.3 Shandong Binhua Haiyuan Salt Chemical Solar Salt Product Market Performance
- 9.20.4 Shandong Binhua Haiyuan Salt Chemical Business Overview
- 9.20.5 Shandong Binhua Haiyuan Salt Chemical Recent Developments
- 9.21 Shouguang Weidong Chemical
- 9.21.1 Shouguang Weidong Chemical Solar Salt Basic Information
- 9.21.2 Shouguang Weidong Chemical Solar Salt Product Overview
- 9.21.3 Shouguang Weidong Chemical Solar Salt Product Market Performance
- 9.21.4 Shouguang Weidong Chemical Business Overview
- 9.21.5 Shouguang Weidong Chemical Recent Developments
- 9.22 United Salt
- 9.22.1 United Salt Solar Salt Basic Information
- 9.22.2 United Salt Solar Salt Product Overview
- 9.22.3 United Salt Solar Salt Product Market Performance
- 9.22.4 United Salt Business Overview
- 9.22.5 United Salt Recent Developments
- 9.23 Krystalline Salt
- 9.23.1 Krystalline Salt Solar Salt Basic Information
- 9.23.2 Krystalline Salt Solar Salt Product Overview
- 9.23.3 Krystalline Salt Solar Salt Product Market Performance
- 9.23.4 Krystalline Salt Business Overview
- 9.23.5 Krystalline Salt Recent Developments
- 10 Solar Salt Market Forecast by Region
- 10.1 Global Solar Salt Market Size Forecast
- 10.2 Global Solar Salt Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Solar Salt Market Size Forecast by Country
- 10.2.3 Asia Pacific Solar Salt Market Size Forecast by Region
- 10.2.4 South America Solar Salt Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Solar Salt by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Solar Salt Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Solar Salt by Type (2024-2029)
- 11.1.2 Global Solar Salt Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Solar Salt by Type (2024-2029)
- 11.2 Global Solar Salt Market Forecast by Application (2024-2029)
- 11.2.1 Global Solar Salt Sales (K MT) Forecast by Application
- 11.2.2 Global Solar Salt Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook