Global Industrial Salt Market Process Type (Solar Evaporation, Conventional Mining, and Vacuum Pan Evaporation), Source Type (Natural Brine and Rock Salt), Application (Agriculture, Oil & Gas, De-icing, Water Treatment, Chemical Processing, and Others) and Region –Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Description

Global Industrial Salt Market: Overview

The salt industry includes companies that function by different methods that comprise extraction of salt from underground by pumping and dissolving, extraction of salt from brine pits and mines, purifying and refining salt, crushing and the evaporation of seawater. Furthermore, this sector produces salt for human usage, which is generally known as table salt. Mostly, salt is used as a seasoning element on food products or in food processing. Industry commodities comprise iodized sea salt and fine salt.

Global industrial salt market was values at USA 13.46 billion in 2019 and is likely to reach USD 16.49 billion by 2026 with a CAGR of 2.94%.

Global Industrial Salt Market: Growth Factors

Increasing demand and requirement for industrial salt in the major application sectors including oil & gas industry, highway de-icing, chemical processing, agriculture, water treatment, mainly for the generation of caustic soda, chlorine, and soda ash is projected to compel the development of the market in the coming future. The industry is projected to observe a significant development due to a wide range of direct usages such as for agriculture and de-icing purposes and indirect usage together with chemical processing sector to obtain caustic soda and chlorine. Chlor-alkali division in the chemical sector makes maximum utilization of the product due to inaccessibility of any monetary alternative for the product. The global industrial salt market is anticipated to develop strongly owing to the increasing technological developments pertaining to the generation of high purity salt, for instance, vacuum pan technology. On the other hand, the implementation of the technology is comparatively low due to the existence of low-cost making methods, for instance, solution mining, conventional mining, and solar evaporation.

Global Industrial Salt Market: Segmentation

The global industrial salt market is classified in terms of manufacturing process type, source type, application, and geography. In terms of source type, the global industrial salt market is bifurcated into natural brine and rock salt. Based on the process type, the global industrial salt market is categorized in into, solar evaporation, conventional mining, and vacuum pan evaporation. In terms of application, the global industrial salt market is fragmented into agriculture, oil &gas, de-icing, water treatment, chemical processing, and others.

Global Industrial Salt Market: Regional Analysis

The U.S. and China combined together are likely to account for the highest market share. China is expected to increase its production due to the growing demand and popularity and is anticipated to grow at a significant rate in the coming years. Rapid industrialization in the Asia Pacific and growing demand and requirement for the product in chemical sectors are projected to augment its usage in the coming years. The global industrial salt market in North America is projected to see growth due to widespread usage in de-icing, particularly in extreme climatic conditions. The global market in the U.S. is likely to account for a substantial market share, mostly owing to increasing product demand and requirement in chemical processing and highway de-icing. South & Central America are considered to be rich in natural deposits, along with huge production capacities. Chile and Brazil are expected to be the most dominant region, exporting a huge amount of industrial salts to Europe and North America. Furthermore, the increasing demand and popularity for the product, especially in the agricultural applications, is projected to increase its demand in the region. The global industrial salt market in the Middle East & Africa is anticipated to have the highest development in the coming years.

Global Industrial Salt Market: Competitive Players

Some of the most important market players in the global industrial salt market are Cargill, Inc., K+S AG, China Salt Industry, Compass Minerals International Inc., Tata Chemicals Ltd., Dominion Salt Ltd., Rio Tinto Plc., and Mitsui & Co. Ltd., among others.

Global Industrial Salt Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

Table Of Content

• Chapter 1.Preface
  • 1.1.Report Description
  • 1.2.Report Scope
• Chapter 2.Research Methodulogy
  • 2.1.Research Methodulogy
  • 2.2.Secondary Research
  • 2.3.Primary Research
  • 2.4.Models
    • 2.4.1.Company Share Analysis Model
    • 2.4.2.Revenue Based Modeling
  • 2.5.Research Limitations
• Chapter 3.Executive Summary
  • 3.1.Global Industrial Salt Market, 2016 – 2026 (USD Million)
  • 3.2.Global Industrial Salt Market: Snapshot
• Chapter 4.Industrial Salt Market – Industry Analysis
  • 4.1.Introduction
  • 4.2.Market Drivers
    • 4.2.1.Driving Factor 1 Analysis
    • 4.2.2.Driving Factor 2 Analysis:
  • 4.3.Market Restraints
    • 4.3.1.Restraining Factor Analysis
  • 4.4.Market Opportunities
    • 4.4.1.Market Opportunity & Use-case Anaysis
    • 4.4.2.Use – Cases for Industrial Salt
  • 4.5.Porter’s Five Forces Analysis
  • 4.6.COVID 19 Impact Analysis
    • 4.6.1.1.Impact on Product Development and Technulogy Adoption
    • 4.6.1.2.Gap Analysis

• Chapter 5.Investment Proposition Analysis
  • 5.1.Global Industrial Salt Market Attractiveness, By Process Type
  • 5.2.Global Industrial Salt Market Attractiveness, By Source Type
  • 5.3.Global Industrial Salt Market Attractiveness, By Application
  • 5.4.Global Industrial Salt Market Attractiveness, By Region
• Chapter 6.Competitive Landscape
  • 6.1.Company Market Share Analysis - 2019
    • 6.1.1.Global Industrial Salt Market: Company Market Share, 2019
  • 6.2.Strategic Developments
  • 7.1.Global Industrial Salt Market Overview: by Process Type
    • 7.1.1.Global Industrial Salt Market Revenue Share, by Process Type , 2019 & 2026
  • 7.2.Global Industrial Salt Market Analysis/Overview – By Process Type
    • 7.2.1.Sular Evaporation – Overview/Analysis
    • 7.2.2.Conventional Mining – Overview/Analysis
    • 7.2.3.Vacuum Pan Evaporation – Overview/Analysis
  • 7.3.Sular Evaporation
    • 7.3.1.Global Industrial Salt Market for Sular Evaporation, Revenue (USD Million) 2016 - 2026
  • 7.4.Conventional Mining
    • 7.4.1.Global Industrial Salt Market for Conventional Mining, Revenue (USD Million) 2016 - 2026
  • 7.5.Vacuum Pan Evaporation
    • 7.5.1.Global Industrial Salt Market for Vacuum Pan Evaporation, Revenue (USD Million) 2016 - 2026
  • 8.1.Global Industrial Salt Market Overview: by Source Type
    • 8.1.1.Global Industrial Salt Market Revenue Share, by Source Type , 2019 & 2026
  • 8.2.Global Industrial Salt Market Analysis/Overview – By Source Type
    • 8.2.1.Natural Brine – Overview/Analysis
    • 8.2.2.Rock Salt – Overview/Analysis
  • 8.3.Natural Brine
    • 8.3.1.Global Industrial Salt Market for Natural Brine , Revenue (USD Million) 2016 - 2026
  • 8.4.Rock Salt
    • 8.4.1.Global Industrial Salt Market for Rock Salt, Revenue (USD Million) 2016 - 2026
  • 9.1.Global Industrial Salt Market Overview: by Application
    • 9.1.1.Global Industrial Salt Market Revenue Share, by Application , 2019 & 2026
  • 9.2.Global Industrial Salt Market Analysis/Overview – By Application
    • 9.2.1.Agriculture – Overview/Analysis
    • 9.2.2.Oil & Gas – Overview/Analysis
    • 9.2.3.De-icing – Overview/Analysis
    • 9.2.4.Water Treatment – Overview/Analysis
    • 9.2.5.Chemical Processing – Overview/Analysis
    • 9.2.6.Others – Overview/Analysis
  • 9.3.Agriculture
    • 9.3.1.Global Industrial Salt Market for Agriculture , Revenue (USD Million) 2016 - 2026
  • 9.4.Oil & Gas
    • 9.4.1.Global Industrial Salt Market for Oil & Gas, Revenue (USD Million) 2016 - 2026
  • 9.5.De-icing
    • 9.5.1.Global Industrial Salt Market for De-icing, Revenue (USD Million) 2016 - 2026
  • 9.6.Water Treatment
    • 9.6.1.Global Industrial Salt Market for Water Treatment, Revenue (USD Million) 2016 - 2026
  • 9.7.Chemical Processing
    • 9.7.1.Global Industrial Salt Market for Chemical Processing, Revenue (USD Million) 2016 - 2026
  • 9.8.Others
    • 9.8.1.Global Industrial Salt Market for Others, Revenue (USD Million) 2016 - 2026
• Chapter 10.Industrial Salt Market – Regional Analysis
  • 10.1.Global Industrial Salt Market: Regional Overview
    • 10.1.1.Global Industrial Salt Market Revenue Share, by Region, 2019 & 2026
    • 10.1.2.Global Industrial Salt Market Revenue, by Region, 2016 – 2026 (USD Million)
  • 10.2.North America
    • 10.2.1.North America Industrial Salt Market Revenue, 2016 - 2026 (USD Million)
    • 10.2.2.North America Industrial Salt Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 10.2.3.North America Industrial Salt Market Revenue, by Process Type , 2016 – 2026
    • 10.2.4.North America Industrial Salt Market Revenue, by Source Type , 2016 – 2026
    • 10.2.5.North America Industrial Salt Market Revenue, by Application , 2016 – 2026
    • 10.2.6. U.S.
    • 10.2.7.Canada
  • 10.3.Europe
    • 10.3.1.Europe Industrial Salt Market Revenue, 2016 - 2026 (USD Million)
    • 10.3.2.Europe Industrial Salt Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 10.3.3.Europe Industrial Salt Market Revenue, by Process Type , 2016 – 2026
    • 10.3.4.Europe Industrial Salt Market Revenue, by Source Type , 2016 – 2026
    • 10.3.5.Europe Industrial Salt Market Revenue, by Application , 2016 – 2026
    • 10.3.6.Germany
    • 10.3.7.France
    • 10.3.8. U.K.
    • 10.3.9.Italy
    • 10.3.10.Spain
    • 10.3.11.Rest of Europe
  • 10.4.Asia Pacific
    • 10.4.1.Asia Pacific Industrial Salt Market Revenue, 2016 - 2026 (USD Million)
    • 10.4.2.Asia Pacific Industrial Salt Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 10.4.3.Asia Pacific Industrial Salt Market Revenue, by Process Type , 2016 – 2026
    • 10.4.4.Asia Pacific Industrial Salt Market Revenue, by Source Type , 2016 – 2026
    • 10.4.5.Asia Pacific Industrial Salt Market Revenue, by Application , 2016 – 2026
    • 10.4.6.China
    • 10.4.7.Japan
    • 10.4.8.India
    • 10.4.9.South Korea
    • 10.4.10.South-East Asia
    • 10.4.11.Rest of Asia Pacific
  • 10.5.Latin America
    • 10.5.1.Latin America Industrial Salt Market Revenue, 2016 - 2026 (USD Million)
    • 10.5.2.Latin America Industrial Salt Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 10.5.3.Latin America Industrial Salt Market Revenue, by Process Type , 2016 – 2026
    • 10.5.4.Latin America Industrial Salt Market Revenue, by Source Type , 2016 – 2026
    • 10.5.5.Latin America Industrial Salt Market Revenue, by Application , 2016 – 2026
    • 10.5.6.Brazil
    • 10.5.7.Mexico
    • 10.5.8.Rest of Latin America
  • 10.6.The Middle-East and Africa
    • 10.6.1.The Middle-East and Africa Industrial Salt Market Revenue, 2016 - 2026 (USD Million)
    • 10.6.2.The Middle-East and Africa Industrial Salt Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 10.6.3.The Middle-East and Africa Industrial Salt Market Revenue, by Process Type , 2016 – 2026
    • 10.6.4.The Middle-East and Africa Industrial Salt Market Revenue, by Source Type , 2016 – 2026
    • 10.6.5.The Middle-East and Africa Industrial Salt Market Revenue, by Application , 2016 – 2026
    • 10.6.6.GCC Countries
    • 10.6.7.South Africa
    • 10.6.8.Rest of Middle-East Africa
• Chapter 11.Company Profiles
  • 11.1.Cargill
    • 11.1.1.Company Overview
    • 11.1.2.Financial Overview
    • 11.1.3.Product Portfulio
    • 11.1.4.Business Strategy
    • 11.1.5.Recent Developments
    • 11.2.Inc.
  • 11.3.K+S AG
  • 11.4.China Salt Industry
  • 11.5.Compass Minerals International Inc.
  • 11.6.Tata Chemicals Ltd.
  • 11.7.Dominion Salt Ltd.
  • 11.8.Rio Tinto Plc.
  • 11.9.Mitsui & Co. Ltd.

Methodology