Industrial
salt is made by the chemical substances using sodium chloride or NaCl, also
called "Mother of Chemical Industry". It is used to develop plastic,
glass and polyester. It is also used in the construction of case-hardened
steel, brass, tires, and pepper, etc. and used in cleaning gas & oil wells.
It is used to improve the density of soil & mud in oil industry which
creates a more efficient & safe drilling rig. It is often spread on roads
prior to severe weather, allowing a surface layer of salt-water to provide further
protection against ice.
According
to study, “World
Industrial Salt Market Research Report 2024(Covering USA, Europe, China, Japan,
SEA and India)” the key companies operating in the world industrial
salt market are Archean Group, GHCL, Ahir Salt, China National Salt Industry
Corporation (CNSIC), Sojitz, Yunnan Salt, Naikai Salt Industries Co. Ltd., 9D
Group, Compass Minerals International Inc., Chengyuan Salt, Cargill, Inc., Rio
Tinto PLC., Lantai Industry, Exportadora De Sal De C.V., Chengkou, Jingshen
Salt & Chemical, Dadi Salt, Longwei, CK Life Sciences International
Holdings Inc., Ineos Group Holdings S.A, Mitsui & Co. Ltd., Tata Chemicals
Ltd., K+S AG, Lubei Chemical, Akzonobel N.V., Infosa, State Enterprise
Arytomsol, Wilson Salt Company, Italkali Societa Italiana Sali Alcalini S.P.A,
Amra Salt Co., Irish Salt Mining & Exploration Co. Ltd. (I.S.M.E. Co.
Ltd.), Donald Brown Group, Wacker Chemie AG, ICL Fertilizers, Dow Chemicals,
Atisale S.P.A., Swiss Saltworks AG, Salins Group, Dev Salt Pvt. Ltd., Dominion Salt
Ltd.
Based
on type, industrial salt market is segmented into rock salt and natural brine.
Rock salt is crystallized salt, also known as halite. Based on source type,
market is segmented into sea salt, lake salt and well & rock salt. Based on
manufacturing process, market is segmented into solar evaporation, conventional
mining and vacuum pan evaporation. Based on production methods, market are
segmented into seawater solar evaporation, mined rock salt and brine extracted
through solution mining. In addition, based on application, market is segmented
into road de-icing, agriculture, water conditioning, food & beverage
industry, oil & gas, water treatment, skins & hides industry, freezing
point depletion, chemical processing and others. Chemical processing includes
soda ash manufacturing and caustic soda manufacturing.
The
industrial salt market is driven by wide range of industrial applications of
industrial salts, followed by cost-effective & abundant availability of
salt reserves, rise in availability of salty lakes & longer coastlines in
the developing countries, large number of skilled population, rise in
technological innovations, ease of availability of the product and growth in
demand from food & beverage industries. However, stringent government
regulations pertaining to exploration activities and high cost logistical
operations & leasing of salt mines may impact the market. Moreover,
increase in production of industrial salt using solar evaporation process is a
key trend for market.
Based
on geography, China and India countries hold major share in industrial salt
market owing to rise in demand for the product in chemical industries and
growth in industrialization in the countries. The USA and Europe are expected
to witness higher growth rate due to increase in product demand in highway
deicing & chemical processing over the forecast period.
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know more, click on the link below:-
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Us:-
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Research
Ankur
Gupta, Head Marketing & Communications
+91-9015378249
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