Global Solar Salt Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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.
According to our (Global Info Research) latest study, the global Solar Salt market size was valued at US$ 7808 million in 2023 and is forecast to a readjusted size of USD 7441 million by 2030 with a CAGR of -0.7% during review period.
In the global market, the core manufacturers of solar salt include Rio Tinto, K+S, Mitsui and Cargill etc, and the top 5 manufacturers account for above 20% of the market share. The market include Asia Pacific, Europe and North America, with a share of 50%, 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 68% and 13%.
This report is a detailed and comprehensive analysis for global Solar Salt market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Solar Salt market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2019-2030
Global Solar Salt market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2019-2030
Global Solar Salt market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2019-2030
Global Solar Salt market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Solar Salt
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Solar Salt market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Rio Tinto, K+S, Mitsui, Cargill, Tata, Shandong Haihua, Shandong Chengyuan, Compass Minerals, Shandong Weifang Longwei, Nirma, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Solar Salt market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Sea Water
Underground Brine
Market segment by Application
Food industry
Chemical Industry
Household
Others
Major players covered
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
Kensalt
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Solar Salt product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Solar Salt, with price, sales quantity, revenue, and global market share of Solar Salt from 2019 to 2024.
Chapter 3, the Solar Salt competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Solar Salt breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Solar Salt market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Solar Salt.
Chapter 14 and 15, to describe Solar Salt sales channel, distributors, customers, research findings and conclusion.