Global Ice Melter Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Ice Melter Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Ice Melter market finds that the global Ice Melter market reached a value of USD 11578.25 million in 2022. It’s expected that the market will achieve USD 13847.85 million by 2028, exhibiting a CAGR of 3.03% during the forecast period.

Under the public background of the COVID-19 crisis, the industry is being affected by COVID-19. It is currently impossible to accurately predict the degree of control of this epidemic in various countries, and it is impossible to predict whether it will function normally for long-term economic activities.

However, historical data shows that the impact of natural disasters on the macro economy is usually short-term, and the economy often shows a V-shaped trend. Affected by the disaster and market sentiment, the economic growth rate usually drops sharply in a short period of time, but as the disaster is gradually controlled, the market sentiment returns to stability, and the temporarily suppressed consumption and investment needs will be released, resulting in Economic rebound. The outbreak of the epidemic will have a significant impact on enterprises and individuals within a certain period of time, especially on small and medium-sized enterprises and low-income families. It is necessary for the government to take targeted financial and monetary measures to help all walks of life together.

Strength

Ice Melter can quickly and effectively melts ice and snow to make your ground safer. It also prevents ice from forming on surfaces like stone, asphalt, and concrete. Using it in advance will keep ice away throughout the night.

Ice Melter can help people save labor cost, and eliminate the need to remove accumulated snow as well as make removal of heavy snow and ice faster and easier.

Some Ice Melter products melt ice at a quick pace. This is because they are hygroscopic which simply means it that it absorbs moisture. This helps the ice Melter to dissolve into a brine faster which instigates the melting of the ice surrounding it. Unlike other ice Melter, these Ice Melter products leave minimal to no residue which makes clean up easy and virtually non-existent.

Weakness

Some Ice Melter products are very corrosive and can damage metal, plant life, other organic material, and surfaces such as concrete. As a result, an overuse of salt during the winter can have lasting consequences, including damage to cars and other equipment, damage to clothing and shoes, death of plants near surfaces where salt was used, dry or damaged skin (if exposed), and dry or irritated pets’ paws.

Competition among Ice Melter Industry is very intense. Companies must always respond to market changes in order to maintain their competitive advantage.

Another disadvantage of Ice Melter is the relatively high price, which makes it a less attractive and realistic option for people who need a significant amount of Ice Melter.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Segmentation Overview:

As for product types, the Solid Ice Melter segment held the largest market share in 2021.

Application Overview:

The market's largest segment by application is the segment Road, with a market share of 41.92% in 2021.

Key Companies in the global Ice Melter market covered in Chapter 3:

Ossian
Maine Salt
Compass Minerals
Shouguang Xinhai
Nouryon
Green Earth Deicer
Weifang Yuding
Xynyth
K+S
Cargill
BCA Products
Blank Industries
General Atomics
OxyChem
Alaskan

In Chapter 4 and Chapter 14.2, on the basis of types, the Ice Melter market from 2018 to 2029 is primarily split into:

Liquid Ice Melter
Solid Ice Melter

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Ice Melter market from 2018 to 2029 covers:

Road
Airport
Port
Household
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)