Global Industrial Salts - Growth, Trends, and Forecast 2024




Axiom MRC Published a, “Industrial Salts Market Report, By Production Method, End User and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024Rock salt has been used widely over a while now, but since this product has so many widespread applications, the salt industry has become more competitive over time.

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Global Industrial Salts Industry Analysis:
Industrial salts market is expected to reach over USD 15.0 to 16.0 billion by 2024, growing at a CAGR of more than 2.7% during the forecast period 2019 to 2024.
Salt is extensively used as a de-icing salt in the developing regions as they fall under the snowfall regions in the world. The highway and automobile corrosion problems have been well documented and hence, high demand is reported for industrial salts from the developing economies such as North America and Europe among others. Fluctuating raw material prices may significantly hamper the growth of industrial salts market in the coming years.

Salt is extensively used as a de-icing salt in the developing regions as they fall under the snowfall regions in the world. The highway and automobile corrosion problems have been well documented and hence, high demand is reported for industrial salts from the developing economies such as North America and Europe among others. Fluctuating raw material prices may significantly hamper the growth of industrial salts market in the coming years

Global Industrial Salts Segmentation Based On:

By Production Method:
Based on production methods, the global industrial salts market has been segmented into seawater solar evaporation, brine extracted through solution mining, and mined rock salt.

By End User:
Based on end use, the global industrial salts market has been segmented into chemical processing, water conditioning, road de-icing, food & beverages, and agriculture. 

By Geography:
Global industrial salts market is studied across various countries of key regions such as, North America, Europe, Asia Pacific and rest of the world which include Latin America, and Middle East & Africa. 


Leading Partners of Industrial Salts Industry:
Leading manufacturers such as The Chemours, Iluka Resources, Rio Tinto, Trimex Sands, and Tronox having strong hold on the global market. Some of the key manufacturers of industrial salts in the global market include Agrosal, Akzo Nobel, Artyomsol, Atisale, Cheetham Salt, Dampier Salt, Dev Salt, Dow Chemical, Exportadora De Sal, Henrique Lage Salineira, Hubei Shuanghuan Science and Technology, ICL Fertilizers, Irish Salt Mining and Exploration, ITALKALI, Kopalnia Soli Klodawa Spolka Akcyjna, Mitsui, Pakistan Mineral Development, Russolo, Salinas, Swiss Saltworks, Solana Tuzla, Südwestdeutsche Salzwerke, Tata Group, United Salt, Vietnam national Salt and Wacker Chemie, among others.

About Axiom MRC:
Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Media Contact:
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Email: sales@axiommrc.com
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