- Report ID: BMRC 163 | Number of pages: 200 | Publish Date: Dec 2019
Status: Published | Category: Chemical And Materials | Delivery Timeline:
Sodium Chloride Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025. growing packed food industry and various chemical applications are key drivers for global 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.
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 sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
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, Südwestdeutsche Salzwerke AG, Cheetham Salt and others.
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.
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.
By Grade type analysis:
By Application type Analysis
By Regional & Country Analysis
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Sodium Chloride Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025