Industrial Salts - Global Strategic Business Report

Global Industrial Salts Market to Reach $19.3 Billion by 2030

The global market for Industrial Salts estimated at US$14.8 Billion in the year 2022, is projected to reach a revised size of US$19.3 Billion by 2030, growing at a CAGR of 3.3% over the analysis period 2022-2030. Rock Salt, one of the segments analyzed in the report, is projected to record 3.6% CAGR and reach US$12.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Natural Brine segment is readjusted to a revised 2.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4 Billion, While China is Forecast to Grow at 4.9% CAGR

The Industrial Salts market in the U.S. is estimated at US$4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.9 Billion by the year 2030 trailing a CAGR of 4.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 2.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.

Select Competitors (Total 42 Featured) -

• Akzo Nobel NV
• Amra Salt Co.
• Atisale SPA
• Cargill, Inc.
• China National Salt Industry Corporation
• CK Life Sciences Int'l. (Holdings), Inc.
• Compass Minerals International, Inc.
• Dev Salt Pvt. Ltd.
• Dominion Salt Ltd.
• Donald Brown Group
• Exportadora de Sal, S.A. de C.V.
• INEOS Group AG
• Infosa
• Irish Salt Mining & Exploration Co Ltd
• Italkali Societa Italiana Sali Alcalini S.P.A
• K+S AKTIENGESELLSCHAFT
• Mitsui & Co., Ltd.
• Naikai Salt Industries Co. Ltd.
• Rio Tinto PLC.
• Salins Group, Inc.
• Swiss Saltworks
• Tata Chemicals Ltd.
• Wacker Chemie AG
• Wilson Salt Company

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year