Global Salt
The global salt market is forecast to climb nearly 2% annually through 2023, driven primarily by an increasing need for salt used in the chemical processing industry, particularly chlor-alkali chemical production. The industry is also expected to benefit from rising demand from food processors. On a regional basis, the Asia/Pacific region – led by China and India – holds the largest share of the salt market, though the Freedonia report projects that the Africa/Mideast region will grow at a faster rate than any other worldwide salt market.
Markets for salt include:
Chemical processing
Road Deicing
Food Processing
Livestock
Water treatment, pharmaceutical, and other markets
Demand is also presented by salt production method, including:
Solar evaporated salt
Rock Salt
Brine
Vacuum evaporated and other types
Demand is broken out by global region and selected countries, among them:
North America (United States, Canada, Mexico)
Central & South America
Western Europe (Germany, France, United Kingdom, Spain, Italy)
Eastern Europe
Asia/Pacific (China, India, Indonesia, Japan, South Korea, Taiwan)
Africa/Mideast
Scope of the Report
This Freedonia industry study analyzes the 314 million metric ton global salt industry. It presents historical demand data (2008, 2013, 2018) and forecasts (2023) by market (chemical processing, road deicing, food processing, and livestock), production type (solar evaporated salt, rock salt, brine, and vacuum evaporated and other salt), and region (North America, Central and South America, Western Europe, Eastern Europe, Asia/Pacific, and Africa/Mideast). The study also evaluates market share and competitive analysis on industry competitors including Cargill, China National Salt Industry, Compass Minerals, K+S, and Rio Tinto Group.
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