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Sodium Chloride Market

Sodium Chloride Market Size, Share & Trends Analysis Report

Sodium Chloride Market Size, Share & Trends Analysis Report By Grade Type (Solar Salt, Rock Salt, Vacuum Salt) By Application Type (Chemical Intermediate, Deicing, Flavoring Agent And Food Preservative, Water Treatment, Animal Feed Additive) Based On Region, And Segment Forecasts, 2022 - 2028

Published
Report ID : BMRC 163
Number of pages : 300
Published Date : Nov 2022
Category : Chemical And Materials
Delivery Timeline : 48 hrs
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Sodium Chloride Market is valued at USD 24.44 Billion in 2021 and expected to reach USD 31.9 Billion by 2028 with a CAGR of 3.88% over the forecast period

Sodium Chloride Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028. growing packed food industry and various chemical applications are key drivers for global sodium chloride market

Scope of Sodium Chloride Market-

Sodium Chloride is a compound salt of sodium and chloride ions which is responsible for the salinity of water and extracellular activities in microorganisms. It is mostly used as common salt and food preservatives, it is also used as chemical in various industrial and chemical process. Sodium chloride is mostly obtained in a large quantity from various chemical processes. So, during the study of Global Sodium Chloride market, we have considered Sodium Chloride by grade and application to analyze the market.

Sodium Chloride Market report is segmented on the basis of grade type, application type, and by regional country level. Based upon grade type, global Sodium Chloride Market is classified as Solar Salt, Rock Salt, and Vacuum Salt. Based upon Application type, global Sodium Chloride Market is classified as Chemical Intermediate, Deicing, Flavoring Agent and Food Preservative, Water Treatment, and Animal Feed Additive.

Key Players Of Sodium Chloride Market-

Global Sodium Chloride market report covers prominent players like

  • Cargill Incorporated
  • Tata Chemicals Ltd.
  • INEOS Salts
  • Akzo Nobel N.V.
  • Dampier Salts
  • Compass Minerals International, Inc.
  • Swiss Salt Works AG
  • Wacker Chemie AG
  • China National Salt Industry Corporation
  • Sdwestdeutsche Salzwerke AG
  • Cheetham Salt
  • Others.

Global Sodium Chloride Market Segmentation-

By Grade Type

  • Solar Salt
  • Rock Salt
  • Vacuum Salt

By Application Type

  • Chemical Intermediate
  • Deicing
  • Flavoring Agent and Food Preservative
  • Water Treatment
  • Animal Feed Additive

Market Dynamics-

The commercialization and growth of global Sodium Chloride market over the past 15 years has been highly impactful. Due to the increased use of sodium chloride in packed food industry and various industrial applications expected to increase the demand of sodium chloride over the forecast period. It is used in the manufacturing of caustic soda, soda ash and various other applications which are further used in the manufacturing of detergent, soaps, glass dyes and others. There is a constant increase in the packed food industry with the increase in the demand of food and globalization all over the world. Sodium chloride increases the shelf life of food products and develops the taste as well. It is also used in the animal feed due to the increasing livestock industry. For instance, Livestock contribute 40 % of the global value of agricultural output and support the livelihoods and food security of almost a 1.3 billion people. All the above mentioned factors are expected to support the growth of sodium chloride market.

Regional Analysis For Sodium Chloride market-

North America dominates the market with highest market share closely followed by Europe and expected to grow moderately over the forecast period due to the mature market. The developed regions have become matured over the period of time due to the increased use of sodium chloride in various industries for various applications such as food preservatives, animal feed and others. There has been a significant growth in the sodium chloride market due to the flourishing food industry due to the increasing population. For instance, As per United Census Bureau report the U.S. population estimated to be 325,719,178 in April 2017.

Asia Pacific is expected to grow significantly over the forecast period due to the presence of developing economies such as India, China and others to support the growth of sodium chloride market. There has been a tremendous growth in the use of sodium chloride for various applications in the different industries, it is also used in water treatment, food and beverages, and chemicals. Due to the increase in disposable income and changing food habits of the people over the period of time will further support the growth of sodium chloride market over the forecast period.

On Special Requirement Sodium Chloride Market Report is also available for the below Regions and Countries:

The regions covered in this Sodium Chloride Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of sodium chloride is subdivided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherland
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest Of MEA

Report Analysis

Details

Historical data

2015 - 2020

Forecast Period

2022 - 2028

Market Size in 2021:

USD 24.44 Billion

Base year considered

2021

Forecast Period CAGR %:

3.88% 

Market Size Expected in 2028:

USD 31.9 Billion

Tables, Charts & Figures:

175

Pages

200

Key Players / Companies

Cargill Incorporated, Tata Chemicals Ltd., INEOS Salts, Akzo Nobel N.V., Dampier Salts, Compass Minerals International, Inc., Swiss Salt Works AG, Wacker Chemie AG, China National Salt Industry Corporation, Südwestdeutsche Salzwerke AG, Cheetham Salt, Others

Segments Covered

By Grade Type, By Application Type

Regional Analysis

North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits of Global Sodium Chloride Market Report-

  • Global Sodium Chloride market report covers in-depth historical and forecast analysis.
  • Global Sodium Chloride Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
  • Global Sodium Chloride Market report helps to identify opportunities in the marketplace.
  • Global Sodium Chloride Market report covers extensive analysis of emerging trends and the competitive landscape.
SUMMARY
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