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Global Industrial  salts Market Size,Trends and Growth opportunity, By Source (Brine, Salt mines) By Product (Rock salt, Salt in brine,Solar salt,Vacuum pan salt),By Application(Chemical processing, De-icing, Oil & Gas, Water treatment, Agriculture, Others), By Region and forecast till 2027.


Report ID : IR100923 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 245

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  • Global Industrial  salts Market Size,Trends and Growth opportunity, By Source (Brine, Salt mines) By Product (Rock salt, Salt in brine,Solar salt,Vacuum pan salt),By Application(Chemical processing, De-icing, Oil & Gas, Water treatment, Agriculture, Others), By Region and forecast till 2027.
    Global Industrial salts Market 
    The global Industrial salts market size was valued at USD 15.03 billion in 2021 and is expected to expand USD 20.15 billion at a CAGR  of 6.8 % during  forecast period 2022- 2027.
    Industrial salts  are manufactured  through extraction from rock salt or sea water.it is applicable in chemical processing ,water treatment ,de-icing ,agriculture and oil & gas .they are use for manufacturing of caustic soda,chlorine and soda ash.
    Market Drivers
    The Rising demand for highway deicing, oil & gas industry, water treatment, agriculture, and chemical processing, primarily for the production of chlorine, caustic soda, and soda ash act as key factor for the growth of market.Additionally, the expansion of   chlor-alkali sector in the chemical industry growing technological innovations towards  the production of high purity salt propelling the  growth of Industrial salts market.
    Market Restraints
    The use of industrial salts can cause health problems and toxicity hinder the growth of market . Additionally,government regulations over the more usage of industrial salt in the chemical processes restrict the market growth.
    COVID-19 Impact on global Industrial salts Market
    Outbreak of covid-19 impacted adversely as the lockdown is imposed by government leads  to shutdown of manufacturing unit and disruption in supply chain and decrease  in demand of industrial salts lead negatively  impacted the  market growth.
    Market Segmentation 
    The global Industrial salts market segmented on the basis of Source, Product, Application and Region.On the basis of Source it is segmented into Brine, Salt mines. On the basis of Product it segmented into Rock salt, Salt in brine,Solar salt,Vacuum pan salt. On the basis of Application it segmented into Chemical processing, De-icing, Oil & Gas, Water treatment, Agriculture, Others.On the basis of Region it is segmented into North America,Europe,Asia Pacific, Latin America,MEA. 
    Regional Analysis
    The global Industrial salts market segmented into five regions North America,Europe,Asia Pacific,Latin America,MEA. Asia Pacific dominate the market due to the increasing demand for the product in chemical industries in this region. North America is also witnessed a significant rise in Industrial salts market.

    Key Players
    Various key players are listed in this report such as Compass Minerals Ltd , Cargill Inc ,INEOS Enterprises,China National Salt Industry Corporation ,Tata Chemicals Ltd,K+S Group,Morton Salt,Mitsui & Co Ltd,Rio Tinto PLC,Delmon Salt Factory Co Ltd, Donald Brown Group,European Salt Company.
     Market Taxonomy
    • By  Source
    ? Brine
    ? Salt mines
    • By  Product             
    ? Rock salt
    ? Salt in brine
    ? Solar salt
    ? Vacuum pan salt
    • By Application 
    ? Chemical processing
    • Caustic soda
    • Soda ash
    • Chlorine
    ? De-icing
    ? Oil & Gas
    ? Water treatment
    ? Agriculture
    ? Others
    • By Region
    ? North America
    ? Europe
    ? Asia Pacific
    ? Latin America
    ? Middle East and Africa


    Key Question Addressed by the Report
    • What are the Key Opportunities in Global Industrial salts Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the role of key players in the value chain?

    Global Industrial  salts Market
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Industrial  salts Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Industrial  salts Market, By SourceType
    5.1 Y-o-Y Growth Comparison, By SourceType
    5.2 Global Industrial  salts Market Share Analysis, By SourceType
    5.3 Global Industrial  salts Market Size and Forecast, By SourceType
    5.3.1 Brine
    5.3.2 Salt mines
    6 Global Industrial  salts Market, By Application Type
    6.1 Y-o-Y Growth Comparison, By Application type
    6.3 Global Industrial  salts Market Share Analysis, By Application type
    6.3 Global Industrial  salts MarketSize and Forecast, By Application  type
    6.3.1 Chemical processing,
    6.3.2 De-icing,
    6.3.3 Oil & Gas
    6.3.4 Water treatment
    6.3.5  Agriculture 
    6.3.6 Others
    7 Global Industrial  salts Market, By Product Type
    7.1 Y-o-Y Growth Comparison, By Product Type
    7.2 Global Industrial  salts Market Share Analysis, By Product Type
    7.3 Global Industrial  salts Market Size and Forecast, By Product Type
    7.3.1 Rock salt 
    7.3.2 Salt in brine 
    7.3.3 Solar salt 
    7.3.4  Vacuum pan salt
    8 Global Industrial  salts Market, By Region
    8.1 Global Industrial  salts Market Share Analysis, By Region
    8.2 Global Industrial  salts MarketSize and Forecast, By Region
    9 North America Industrial  salts Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 North America Industrial  salts Market Share Analysis, By Source Type
    9.3 North America Industrial  salts  MarketSize and Forecast, By Application
    9.4 North America Industrial  salts Market Size and Forecast, By Product
    9.5North America Industrial  salts Market Size and Forecast, By Country
    9.5.1 U.S
    9.5.2 Canada
    9.5.3 Mexico
    10EuropeIndustrial  salts Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Europe Industrial  salts Market Share Analysis, By Source Type
    10.3 Europe Industrial  salts Market Size and Forecast, By Application
    10.4 Europe Industrial  salts MarketSize and Forecast, By Product
    10.5 Europe Industrial  salts MarketSize and Forecast, By Country
    10.5.1 Germany
    10.5.2 France
    10.5.3 UK
    10.5.4Rest of Europe
    11Asia Pacific Industrial  salts Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Asia-Pacific Industrial  salts Market Size and Forecast, By Source Type
    11.3 Asia-Pacific Industrial  salts Market Size and Forecast, By Application
    11.4 Asia-Pacific Industrial  salts Market Size and Forecast, By Product
    11.5Asia-Pacific Industrial  salts Market Size and Forecast, By Country
    11.6.1 China 
    11.6.2 Japan
    11.6.3 India
    11.6.4 Rest of Asia Pacific
    12 Latin America Industrial  salts Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Latin America Industrial  salts Market Size and Forecast, By Source Type
    12.3 Latin America Industrial  salts Market Size and Forecast, By Application
    12.4 Latin America Industrial  salts Market Size and Forecast, By Product
    12.5 Latin America Industrial  salts Market Size and Forecast, By Country
    12.6.1 Brazil
    12.6.2.Rest of Latin America
    13Middle East Industrial  salts Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Middle East Industrial  salts Market Share Analysis, By Source Type
    13.3 Middle East Industrial  salts Market Size and Forecast, By Application
    13.4 Middle East Industrial  salts Market Size and Forecast, By Product
    13.5Middle East Industrial  salts Market Size and Forecast, By Country
    13.5.1. Saudi Arabia
    13.5.2. UAE
    13.5.3. Egypt
    13.5.4. Kuwait
    13.5.5. South Africa
    14 Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market share Analysis of Top Vendors
    14.3 Key Development Strategies
    15 Company Profiles
    15.1. Compass Minerals Ltd
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2. Cargill Inc
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3. INEOS Enterprises
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4. China National Salt Industry Corporation 
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5   Key Market Developments
    15.4.6 Key Strategies
    15.5. Tata Chemicals Ltd 
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.6 Key Market Developments
    15.5.6 Key Strategies
    15.6. K+S Group 
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7. Morton Salt
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5Key Market Developments
    15.7.6 Key Strategies
    15.8. Mitsui & Co Ltd
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9. Rio Tinto PLC
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5Key Market Developments
    15.9.6 Key Strategies
    15.10. Delmon  Salt Factory Co Ltd 
    15.10.1 Overview
    15.10.2 Offerings
    15.10.3 Key Financials
    15.10.4 Business Segment & Geographic Overview
    15.10.5Key Market Developments
    15.10.6 Key Strategies
    15.11. Donald Brown Group
    15.11.1 Overview
    15.11.2 Offerings
    15.11.3 Key Financials
    15.11.4 Business Segment & Geographic Overview
    15.11.5 Key Market Developments
    15.11.6 Key Strategies
    15.12. European Salt Company
    15.12.1 Overview
    15.12.2 Offerings
    15.12.3 Key Financials
    15.12.4 Business Segment & Geographic Overview
    15.12.5Key Market Developments
    15.12.6 Key Strategies