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Sodium Chloride Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

  • ID: 4605664
  • Report
  • Region: Global
  • 100 pages
  • Infinium Global Research
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FEATURED COMPANIES

  • Akzo Nobel N.V.
  • Cargill Incorporated
  • Dominion Salt
  • Maldon Crystal Salt Co.
  • Tata Chemicals Ltd.
  • The Dow Chemical Company
  • MORE
The report on global sodium chloride market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global sodium chloride market to grow with a CAGR of 4% over the forecast period of 2018-2024. The study on sodium chloride market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.

Sodium chloride (NACL) is the ionic compound that has 1:1 ratio of sodium and chloride ions. It is commonly known as a salt. Sodium chloride is mostly used in the production of the many chemicals. Sodium chloride is the basic compound required in the human body for absorbing and transporting nutrients, maintaining blood pressure, maintaining the right balance of fluid, transmitting nerve signals and contracting & relaxation of muscles. Although, the salt is required for the human body, but the extra consumption can be harmful for health.

The sodium chloride is used in the production of chlor-alkali products including soda ash, caustic soda and chlorine. The rapidly growing demand of chlor-alkali products is the primary factor driving the growth of sodium chloride market worldwide. In addition, sodium chloride is used in the manufacturing of various organic and inorganic chemical products that is likely to boost the market growth of sodium chloride across all over the globe. Sodium chloride helps in deicing of snow on roads, highways, airports, and grounds, which in turn is contributing in the market growth of sodium chloride market over the forecast period. However, increasing health conscious people restricts the intake of salt. Also dieticians, doctor’s advice people to have balance intake of salt, which in turn can affect the growth of sodium chloride market. Also, difficulties encountered during storage of sodium chloride salts and low profit margins are some of the factors that can hamper the market growth. Moreover, rising use of sodium chloride in the food and beverage industries as a flavoring agent and food preservative is projected to create several opportunities in the sodium chloride market in the upcoming years.

Among the Geographies, Asia-Pacific dominates the market of sodium chloride owing to high production and consumption of sodium chloride in this region. The presence of various chemical and food and beverage industries in the Asia-pacific region to create huge demand of sodium chloride. In addition, in the North America and Europe region, sodium chloride is vastly used in deicing of snow from roads, highways, airports, and grounds and that’s result in the market growth of sodium chloride in this region.

The report on sodium chloride market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global sodium chloride market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global sodium chloride market over the period of 2016 to 2024. Further, the Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology

Primary Research

Primary research involves extensive interviews and analysis of the opinions provided by the primary respondents.

The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through:

1. Key Opinion Leaders associated
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Primary research respondents typically include:
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

Secondary sources of the data typically include:
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segments Covered

The global sodium chloride market is segmented on the basis of grade and applications.

Global Sodium Chloride Market by Grade
  • Rock Salt
  • Vacuum Salt
  • Solar Salt
Global Sodium Chloride Market by Applications
  • Chemical Production
  • Food Processing
  • Pharmaceutical
  • Water Conditioning
  • Agriculture
  • Others
Company Profiles
  • Cargill Incorporated
  • Tata Chemicals Ltd.
  • China National Salt Industry Corporation
  • Wacker Chemie AG
  • The Dow Chemical Company
  • Dominion Salt
  • Akzo Nobel N.V.
  • Maldon Crystal Salt Co.
  • Südwestdeutsche Salzwerke AG
  • Compass Minerals International
How this report delivers?

1. Comprehensive analysis of global as well as regional markets of sodium chloride market.

2. Complete coverage of all the segments in sodium chloride market to analyze the trends, developments in the global market and forecast of market size up to 2024.

3. Comprehensive analysis of the companies operating in global sodium chloride market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4. Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Akzo Nobel N.V.
  • Cargill Incorporated
  • Dominion Salt
  • Maldon Crystal Salt Co.
  • Tata Chemicals Ltd.
  • The Dow Chemical Company
  • MORE
1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches

2. Executive Summary

3. Global Sodium Chloride Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. Growth Matrix Analysis
3.5. Competitive Landscape in the Global Sodium Chloride Market

4. Global Sodium Chloride Market by Grade
4.1. Rock Salt
4.2. Vacuum Salt
4.3. Solar Salt

5. Global Sodium Chloride Market by Applications
5.1. Chemical Production
5.2. Deicing
5.3. Flavoring Agent & Food Preservative
5.4. Pharmaceutical
5.5. Water treatment
5.6. Feed additive
5.7. Others

6. Global Sodium Chloride Market by Region 2018-2024
6.1. North America
6.1.1. North America Sodium Chloride Market by Grade
6.1.2. North America Sodium Chloride Market by Applications
6.1.3. North America Sodium Chloride Market by Country
6.2. Europe
6.2.1. Europe Sodium Chloride Market by Grade
6.2.2. Europe Sodium Chloride Market by Applications
6.2.3. Europe Sodium Chloride Market by Country
6.3. Asia-Pacific
6.3.1. Asia-Pacific Sodium Chloride Market by Grade
6.3.2. Asia-Pacific Sodium Chloride Market by Applications
6.3.3. Asia-Pacific Sodium Chloride Market by Country
6.4. RoW
6.4.1. RoW Sodium Chloride Market by Grade
6.4.2. RoW Sodium Chloride Market by Applications
6.4.3. RoW Sodium Chloride Market by Sub-region

7. Company Covered
7.1. Cargill Incorporated
7.2. Tata Chemicals Ltd.
7.3. China National Salt Industry Corporation
7.4. Wacker Chemie Ag
7.5. The Dow Chemical Company
7.6. Dominion Salt
7.7. Akzo Nobel N.v.
7.8. Maldon Crystal Salt Co.
7.9. Südwestdeutsche Salzwerke Ag
7.10. Compass Minerals International
Note: Product cover images may vary from those shown
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  • Cargill Incorporated
  • Tata Chemicals Ltd.
  • China National Salt Industry Corporation
  • Wacker Chemie AG
  • The Dow Chemical Company
  • Dominion Salt
  • Akzo Nobel N.V.
  • Maldon Crystal Salt Co.
  • Südwestdeutsche Salzwerke AG
  • Compass Minerals International
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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