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Industrial Salts Market

Industrial Salts Market By Application (Chemical Processing, Road De-icing, Water Softening, Agriculture and Other Applications) – Growth, Share, Opportunities & Competitive Analysis, 2016 – 2022
Report Book

Published Date: July 2016
Category: Chemicals
Report ID: 57998
Report Format: PDF
No of Pages: 120

Rating: Credence Reports

Market Insights

Salt has been one of the earth’s most essential and abundant minerals since the dawn of time. Salt, also known as sodium chloride, is used on a large scale for a wide range of applications in the market. It is an important part of human life, and it is also used by a large number of end-user industries in the market. Industrial salts are majorly used for applications that include chemical processing, agriculture, road de-icing, water softening, and other uses such as food processing and animal feed, among others. The global industrial salt market report is segmented by applications into chemical processing, road de-icing, water softening, agriculture, and others. Among these, chemical processing accounted for a major share of the global industrial salt market in 2015 and is expected to rise shortly.

The caustic soda and chlorine manufacturing sectors are the industries driving the growth of the global industrial salts market worldwide. Salt is widely used as a de-icing salt in developing economies, as they fall under the snowfall regions of the world. The highway and automobile corrosion problems have been well documented, and hence, high demand is reported for industrial salts from developing economies such as North America and Europe, among others.

Asia Pacific accounted for the largest share of the global industrial salt market in 2015 and 38% of the global market. Countries such as China and India accounted for the major consumers of industrial salts due to the increasing number of chemical industries. The rising demand for industrial salts in chloralkali chemical production is the major factor driving market growth in the region. North America followed Asia Pacific in terms of demand and accounted as the second largest region for the growth of industrial salts. Europe and other regions, such as Latin America and the Middle East, are expected to boost the market growth shortly.

The industrial salts market is expected to reach over US$ 13.0 billion by 2022, growing at a CAGR of more than 1.4% during the forecast period of 2016–2022.

Purpose of the Report

The purpose of this strategic research study titled “Global Industrial Salts Market: Growth, Share, Opportunities, and Competitive Analysis, 2016–2022” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them to make informed strategic decisions regarding the opportunities in the global industrial salts market.

Target Audience

  • Industry Investors
  • Industrial Salts Providers and Vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers and Buyers
  • Product Suppliers and Buyers
  • Research Institutes

Overall, the research study provides a holistic view of the global industrial salts market in terms of growth, offering market size and estimates for the period from 2016 to 2022, keeping in mind the factors mentioned above.

Based on its application, the industrial salt market is categorized into the following segments:

  • Chemical Processing
  • Road De-icing
  • Water Softening
  • Agriculture
  • Others (animal feed, etc.)

Chemical processing accounted for a major share of the global industrial salt market in 2015. The chemical industry was the major consumer of industrial salts and accounted for more than 43% of total salt sales. The caustic soda and chlorine manufacturing sectors were the major consumers in the chemical industry. Road de-icing accounted for the second-largest share of the global industrial salt market in 2016 and is expected to increase shortly.

The use of salt as a de-icing agent has been common since the 1960s in areas where ice or snow is a seasonal roadway safety hazard. Highway bridge and automobile corrosion and ecosystem changes caused by the de-icing salts are well documented, and salt is widely used in regions of seasonal ice and snowfall. Regions such as North America and Europe widely use de-icing salts to provide safe environmental conditions during the winter season in the regions.

Hence, salt has high demand as a de-icing agent. Industrial salts have applications in a wide range of end-user industries. Other applications of industrial salts, such as water softening, agriculture, and animal feed and food processing, experienced steady growth but are projected to increase during the forecast period from 2016 to 2022.

Based on geography, the global industrial salt market is segmented into the following categories:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Asia Pacific accounted for the largest share of the global industrial salt market in 2015. It accounted for more than 38% of the global industrial salt market and is expected to increase shortly. China and India are the two major consumers of industrial salt in the region.

Increasing production of chloralkali chemicals in the region is the major factor driving the growth of global industrial salt in Asia and the Pacific. Moreover, the growing chemical industry in the region is also one of the factors contributing to the growth of the global industrial salt market in the region.

North America followed Asia Pacific in terms of growth and is expected to increase shortly. Rising demand for industrial salt as a de-icing agent is boosting the growth of industrial salt in the region. Europe is also projected to fuel demand for industrial salts, as it is widely used as a de-icing agent to remove snow and ice from highways and roadways to prevent accidents. Other regions, such as the Middle East, Africa, and Latin America, are projected to boost market demand for industrial salt during the forecast period from 2016 to 2022.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Empirical Phase
1.4.2 Phase II – Analytical Phase
1.4.3 Phase III – Dissemination Phase
1.4.4 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Industrial Salts Market
2.2 Global Industrial Salts Market, By Applications
2.3 Global Industrial Salts Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Industrial Salts Market Volume and Revenue, 2016 – 2022, (Kilo Tons) (US$ Mn)
3.2 Key Market Strategies
3.2.1 Product Pricing Analysis
3.2.2 Regulatory Impact on Market
3.3 Market Drivers
3.4 Market Challenges
3.4 Future Outlook of the Market
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Attractive Investment Proposition
3.7 Competitive Analysis
3.7.1 Market Positioning of Key Vendors

Chapter 4 Global Industrial Salts Market Analysis, By Applications
4.1 Overview
4.1.1 Chemical Processing
4.1.1.1 Global Industrial Salts Market for Chemical Processing, 2016 – 2022, (Kilo Tons)(US$ Mn)
4.1.2 Road De-icing
4.1.2.1 Global Industrial Salts Market for Road De-icing, 2016 – 2022, (Kilo Tons)(US$ Mn)
4.1.3 Water Softening
4.1.3.1 Global Industrial Salts Market for Water Softening, 2016 – 2022, (Kilo Tons)(US$ Mn)
4.1.4 Agriculture
4.1.4.1 Global Industrial Salts Market for Agriculture, 2016 – 2022, (Kilo Tons)(US$ Mn)
4.1.5 Others ( Animal Feed, etc.)
4.1.5.1 Global Industrial Salts Market for Other Applicationss, 2016 – 2022, (Kilo Tons) (US$ Mn)

Chapter 5 SRC View
5.1 Segmentation View (Product/ Applications)
5.1.2 Global Industrial Salts Market, by Applications, 2016 – 2022, (Kilo Tons) (US$ Mn)

Chapter 6 RC View
6.1 North America Industrial Salts Market Analysis
6.1.1 Overview
6.1.2 North America Industrial Salts Market Volume, by Applications, 2016 – 2022, (Kilo Tons)
6.1.3 North America Industrial Salts Market Revenue, by Applications, 2016 – 2022, (US$ Mn)
6.1.1.1 U.S. Industrial Salts Market Volume, By Applications, 2016 – 2022,
(Kilo Tons)
6.1.1.2 U.S. Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.1.1.3 Canada Industrial Salts Market Volume, By Applications 2016 – 2022, (Kilo Tons)
6.1.1.4 Canada Industrial Salts Market Revenue, By Applications 2016 – 2022, (US$ Mn)
6.2 Europe Industrial Salts Market Analysis
6.2.1 Overview
6.2.2 Europe Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.2.3 Europe Industrial Salts Market Revenue, By Applications 2016 – 2022, (US$ Mn)
6.2.2.1 France Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.2.2.2 France Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.2.2.3 Germany Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.2.2.4 Germany Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.2.3.5 UK Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.2.3.6 UK Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.2.3.7 Spain Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.2.3.8 Spain Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.2.3.9 Italy Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.2.4.0 Italy Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.2.4.1 Rest of Europe Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.2.4.2 Rest of Europe Industrial Salts Market Revenue, By Applications 2016 – 2022, (US$ Mn)
6.3 Asia Pacific Industrial Salts Market Analysis
6.3 Overview
6.3.1 Asia Pacific Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.3.2 Asia Pacific Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.3.1.1 China Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.3.1.2 China Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.3.1.3 India Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.3.1.4 India Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.3.1.5 Japan Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.3.1.6 Japan Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.3.1.7 Rest of Asia Pacific Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.3.1.8 Rest of Asia Pacific Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.4 Middle East and Africa (MEA) Industrial Salts Market Analysis
6.4.1 Overview
6.4.2 Middle East and Africa Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.4.3 Middle East and Africa Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.4.1.1 South Africa Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.4.1.2 South Africa Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.4.1.3 Saudi Arabia Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.4.1.4 Saudi Arabia Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.4.1.5 Rest of MEA Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.4.1.6 Rest of MEA Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.5 Latin America Industrial Salts Market Analysis
6.5.1 Overview
6.5.2 Latin America Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.5.3 Latin America Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.5.1.1 Mexico Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.5.1.2 Mexico Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.5.1.3 Brazil Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.5.1.4 Brazil Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)
6.5.1.5 Rest of Latin America Industrial Salts Market Volume, By Applications, 2016 – 2022, (Kilo Tons)
6.5.1.6 Rest of Latin America Industrial Salts Market Revenue, By Applications, 2016 – 2022, (US$ Mn)

Chapter 7 Company Profiles
7.1 Cargill Incorporated
7.2 Akzo Nobel N.V.
7.3 Tata Chemicals Ltd.
7.4 K + S AKTIENGESELLSCHAFT
7.5 Compass Minerals
7.6 ESCO- European Salt Company GmbH & Co., KG
7.7 Wilson Salt Ltd
7.8 Qinghai Salt Industry Co., Ltd
7.9 Jiangsu Jingshen Salt & Chemical Industry Co., Ltd
7.10 Others

List of Figures

FIG. 1 Global Industrial Salts: Market Segmentation 19
FIG. 2 Global Industrial Salts Market: Research Methodology 20
FIG. 3 Global Industrial Salts Market, By Applications, 2014 (US$ Mn) 24
FIG. 4 Global Industrial Salts Market, By Geography, 2014 (US$ Mn) 25
FIG. 5 Global Industrial Salts Market Revenue and Growth, 2013 – 2022, (Kilo Tons) (US$ Mn) 26
FIG. 6 See-Saw Analysis : Global Industrial Salts Market 34
FIG. 7 Attractive Investment Proposition 36
FIG. 8 Adoption/Penetration Rate of Industrial Salts Across Different Applications Verticals, 2014 37
FIG. 9 Market Positioning of Key Industrial Salts Vendors , 2014 38
FIG. 10 Global Industrial Salts Market Revenue, By Applications, 2014 & 2022 (Kilo Tons) (US$ Mn) 45
FIG. 11 Global Industrial Salts Market for Chemical Processing, 2013 – 2022, (Kilo Tons) (US$ Mn) 46
FIG. 12 Global Industrial Salts Market for Road De-icing, 2013 – 2022, (Kilo Tons) (US$ Mn) 47
FIG. 13 Global Industrial Salts Market for Water Softening, 2013 – 2022, (Kilo Tons) (US$ Mn) 48
FIG. 14 Global Industrial Salts Market for Other Applications, 2013 – 2022, (Kilo Tons) (US$ Mn) 51
FIG. 15 North America Industrial Salts Market, 2013 – 2022, (Kilo Tons) (US$ Mn) 54
FIG. 16 Comparative Analysis of North America Industrial Salts Market Revenue, By Country, 2013 – 2022, (US$ Mn) 58
FIG. 17 Europe Industrial Salts Market, 2013 – 2022, (Kilo Tons) (US$ Mn) 59
FIG. 18 Comparative Analysis of Europe Industrial Salts Market Revenue, By Region, 2013 – 2022, (US$ Mn) 63
FIG. 19 Asia Pacific Industrial Salts Market, 2013 – 2022, (Kilo Tons) (US$ Mn) 64
FIG. 20 Asia Pacific Industrial Salts Market Revenue, 2013 – 2022, (US$ Mn) 65
FIG. 21 Comparative Analysis of Asia Pacific Industrial Salts Market Revenue, By Region, 2013 – 2022, (US$ Mn) 69
FIG. 22 RoW Industrial Salts Market, 2013 – 2022, (Kilo Tons) (US$ Mn) 71
FIG. 23 Comparative Analysis of RoW Industrial Salts Market Revenue, By Country, 2013 – 2022, (US$ Mn) 75

List of Tables

TABLE 1 Market Snapshot: Global Industrial Salts Market 22
TABLE 2 Impact Indicators 35
TABLE 3 Impact Analysis of Drivers and Restraints 35
TABLE 6 North America Industrial Salts Market, By Applications, 2013 – 2022 (Kilo Tons) (US$ Mn) 57
TABLE 7 Europe Industrial Salts Market, By Applications, 2013 – 2022 (Kilo Tons) (US$ Mn) 62
TABLE 8 Asia Pacific Industrial Salts Market By Applications, 2013 – 2022 (Kilo Tons) (US$ Mn) 68
TABLE 9 Middle East & Africa Industrial Salts Market, By Applications, 2013 – 2022 (Kilo Tons) (US$ Mn) 74
TABLE 9 Latin America Industrial Salts Market, By Applications, 2013 – 2022 (Kilo Tons) (US$ Mn) 74
TABLE 10 Cargill Incorporated : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 76
TABLE 11 AkzoNobel : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 78
TABLE 12 Tata Chemicals Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 80
TABLE 13 K + S AKTIENGESELLSCHAFT : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 82
TABLE 14 Compass Minerals : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 84
TABLE 15 ESCO- European Salt Company GmbH & Co., KG : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 86
TABLE 16 Wilson Salt Ltd : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 88
TABLE 17 Qinghai Salt Industry Co., Ltd : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 90
TABLE 18 Jiangsu Jingshen Salt & Chemical Industry Co., Ltd : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 92

Frequently Asked Questions

What is the size of Industrial Salts Market?

The market for Industrial Salts is expected to reach USD$ 13.0 billion in 2022.

What is the Industrial Salts Market CAGR?

The Industrial Salts Market is expected to see significant CAGR growth over the coming years, at 1.4%.

What is the Forecast period considered for Industrial Salts Market?

The report is forecasted from 2016 -2022.

What is the base year considered for Industrial Salts Market?

The base year of this report is 2015.

Who are the major players in this market?

Cargill Incorporated,Akzo Nobel N.V., Tata Chemicals Ltd., K + S AKTIENGESELLSCHAFT, Compass Minerals. are some of the major players in the global market.

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