Global Industrial Salts Market Growth 2023-2029

Global Industrial Salts Market Growth 2023-2029

Industrial salt is one of basic raw materials in chemical industry. It is also called “Mother of Chemical Industry”. It can be used in many industries such as chemicals manufacturing, road de-icing, edible salt, food processing and etc.

LPI (LP Information)' newest research report, the “Industrial Salts Industry Forecast” looks at past sales and reviews total world Industrial Salts sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Salts sales for 2023 through 2029. With Industrial Salts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Salts industry.

This Insight Report provides a comprehensive analysis of the global Industrial Salts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Salts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Salts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Salts and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Salts.

The global Industrial Salts market size is projected to grow from US$ 13250 million in 2022 to US$ 17030 million in 2029; it is expected to grow at a CAGR of 17030 from 2023 to 2029.

In APAC, Industrial Salt key players include China National Salt, Archean Group, GHCL, etc.

China is the largest market, with a share about 80%, followed by India, and Japan, both have a share over 15 percent.

In terms of product, Well and rock salt is the largest segment, with a share over 50%. And in terms of application, the largest application is Chlor-Alkali, followed by Soda ash, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Salts market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Brine
Salt Mines

Segmentation by application
Chemical Processing
De-Icing
Oil & Gas
Water Treatment
Agriculture
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Compass Minerals
Cargill
INEOS Enterprises
China National Salt Industry Corporation (CNSIC)
Tata Chemicals Limited
K+S Group
Morton Salt
Mitsui & Co. Ltd.
Rio Tinto PLC.
Delmon Salt Factory
Donald Brown Group
AkzoNobel N.V
Exportadora De Sal SA.
European Salt Company
ZOUTMAN Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Salts market?

What factors are driving Industrial Salts market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Salts market opportunities vary by end market size?

How does Industrial Salts break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.