Report Id: CMSCM117
Sodium Chloride Market By Grade Analysis (Rock Salt, Solar Salt and Vacuum Salt); By Applications (Animal Feed Additive, Chemical Intermediate, Deicing, Flavoring Agent & Food Preservative, Water Treatment) - Global Industry Analysis and Forecast 2022 - 2027
The Global Sodium Chloride Market is expected to be around US$ 21 Billion by 2027; Growing at a CAGR of more than 3.5% in the given forecast period.
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Major Players
- Akzo Nobel N.V
- Tata Chemicals Ltd
- K+S AKTIENGESELLSCHAFT
- Dampier Salts
- Compass Minerals International Inc
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
3
REPORT DESCRIPTION
Sodium chloride is generally famous as salt. Sodium chloride occurs in crystal forms which are used in large amount across different consumer applications and industrial use. Sodium chloride is obtained from sea water by evaporation method. It is ionic element having sodium and chloride ions in same ration that is in 1:1 ratio. Sodium chloride is used in many applications such as in chemical intermediates, water treatment, deicing, animal feed additive, flavoring and food preservatives. It is also used in manufacture of chlor alkali products includes caustic soda, chlorine and soda ash. These products are then used in the manufacturing of different end user products such as detergents, soaps, dyes, glass and PVC. Sodium chloride is also used as flavoring agent and food preservative agent as it presents properties like taste enhancer, distinct flavor, color and pleasant aroma.
How Big is the Global Sodium Chloride Market?
The Global Sodium Chloride Market is expected to be around US$ 21 Billion by 2027; Growing at a CAGR of more than 3.5% in the given forecast period.
The major driving factors of Global Sodium Chloride Market are as follows:
• Increasing demand for packed food
• Rising chlor alkali market in APAC
The restraining factors of global sodium chloride market are as follows:
• Low Profit Margin
• Fluctuations in snowfall impact require for sodium chloride in deicing application
The global sodium chloride market is segmented on the lines of its grand, application analysis and regional. Based on grand analysis the market covers solar salt, rock salt and others such as vacuum salt and more. Under application segmentation it covers animal feed additive, chemical intermediate, water treatment, deicing, flavoring agent and food preservative and others such as pharmaceuticals and more. The global sodium chloride market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for global sodium chloride and related technologies.
2) Identifications of new market opportunities and targeted promotional plans for global sodium chloride.
3) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of Global & Regional markets for Global Sodium Chloride with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Companies such as Cargill Incorporated, Akzo Nobel N.V., K+S AKTIENGESELLSCHAFT, Tata Chemicals Ltd., Dampier Salts, Compass Minerals International, Inc., Wacker Chemie AG, Südwestdeutsche Salzwerke AG, China National Salt Industry Corporation, INEOS Salts, Swiss Salt Works AG, and Cheetham Salt . Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
Top Companies Report is intended to provide the buyers with a snapshot of the industry’s most influential players.
The Global sodium chloride Market has been segmented as below:
By Grade Analysis:
• Rock Salt
• Solar Salt
• Others (Vacuum Salt, etc.)
By Application Analysis:
• Animal Feed Additive
• Chemical Intermediate
• Water Treatment
• Deicing
• Flavoring Agent & Food Preservative
• Others (Pharmaceuticals, etc.)
By Regional Analysis:
North America
Europe
Asia-Pacific
Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all global sodium chloride market.
2) Facilitate decision making on the basis of strong historic and forecast of global sodium chloride data.
3) Identify growth segments and opportunities in the industry.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunity for Pharmaceutical Grade Sodium Chloride
4.2 Pharmaceutical Grade Soidum Chlorde Market: Life Cycle Analysis
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Application
5.2.2 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increase in Chronic and Kidney Diseases
5.3.1.2 Strong Demand for Pharmaceutical Grade Sodium Chloride in North America and Europe
5.3.2 Restraints
5.3.2.1 Stringent Government Regulations and Certifications
5.3.2.2 Low Profitabilty
5.3.3 Opportunities
5.3.3.1 Pure and Certified Pharmaceutical Salt
5.3.3.2 Increased Spending Power in Emerging Markets
5.3.3.3 Increased Demand From Emerging Markets
5.3.4 Challenges
5.3.4.1 Developing New Technologies and Innovations
5.3.4.2 Certifications
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Raw Material Suppliers
6.2.2 Pharmaceutical Grade Sodium Chloride Suppliers/Distributors/Marketers
6.2.3 End-User Industries
6.3 Porter’s Five Forces Analysis
6.3.1 Bargaining Power of Buyers
6.3.2 Bargaining Power of Suppliers
6.3.3 Threat From New Entrants
6.3.4 Threat From Substitutes
6.3.5 Degree of Competition
7 Pharmaceutical Grade Sodium Chloride Market, By Application
7.1 Introduction
7.2 Dialysis
7.3 Oral Rehydration Salts
7.4 Injections/Intravenous (IV) Solutions
7.5 Mechanical Cleansing Solutions
7.6 Pharmaceutical Formulations
7.7 Others
8 Pharmaceutical Grade Sodium Chloride Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Rest of North America
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 Russia
8.3.4 Italy
8.3.5 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 Rest of Asia-Pacific
8.5 RoW
8.5.1 South America
8.5.2 The Middle East
8.5.3 Africa
9 Competitive Landscape
9.1 Overview
9.2 Most Active Participants: Akzonobel N.V (Netherlands), K+ S AG (Germany), Dominion Salt Ltd. (New Zealand), Tata Chemicals Ltd. (India), and Cheetham Salt Ltd. (Australia)
9.3 Competitive Situation and Trends
9.3.1 Expansions
9.3.2 Agreements
9.3.3 Acquisitions
9.3.4 Joint Ventures
10 Company Profiles
10.1 Akzonobel N.V.
10.2 K+S AG
10.3 Dominion Salt Ltd.
10.4 Cargill Incorporated
10.5 Tata Chemicals Limited
10.6 Salinen Austria AG
10.7 Sudsalz Gmbh
10.8 Cheetham Salt Ltd.
10.9 Swiss Saltworks AG
10.10 US Salt LLC
10.11 Hebei Huachen Pharmaceutical Co., Ltd
The Global sodium chloride Market has been segmented as below:
By Grade Analysis:
• Rock Salt
• Solar Salt
• Others (Vacuum Salt, etc.)
By Application Analysis:
• Animal Feed Additive
• Chemical Intermediate
• Water Treatment
• Deicing
• Flavoring Agent & Food Preservative
• Others (Pharmaceuticals, etc.)
By Regional Analysis:
North America
Europe
Asia-Pacific
Rest of the World
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of Sodium Chloride Market?
The market is expected to grow at a CAGR of 3.5% during the study period (2022-2027)
How big is the Sodium Chloride Market value?
The Global Sodium Chloride Market is expected to be around US$ 21 Billion by 2027
What is the segment’s covered for the Sodium Chloride Market?
The segment included in the Sodium Chloride Market is Grade, Application and Region.
Who are the major key vendors in the Sodium Chloride Market?
Some key players operating in the Sodium Chloride Market include Akzo Nobel N.V., K+S AKTIENGESELLSCHAFT, Tata Chemicals Ltd., Dampier Salts, Compass Minerals International, Inc
What are the different forms of the report available?
We can offer several formats of the market research reports including,
• PDF
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• Spreadsheet/ Workbook
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