Industrial Salts Market Report 2026

The industrial salts market size has grown strongly in recent years. It will grow from $15.91 billion in 2025 to $16.81 billion in 2026 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to expansion of chemical manufacturing activities, growth of textile and dyeing industries, rising use of salt in water treatment plants, increased demand from oil and gas drilling, steady consumption in food processing.

The industrial salts market size is expected to see strong growth in the next few years. It will grow to $20.62 billion in 2030 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to increasing investments in sustainable chemical production, rising demand for industrial salt in electric vehicle battery processing, expansion of municipal water treatment infrastructure, growing adoption of vacuum evaporation technologies, increasing focus on supply chain optimization. Major trends in the forecast period include increasing demand for high-purity industrial salt, rising use in chemical processing applications, growing adoption in water treatment processes, expansion of de-icing applications in cold regions, enhanced focus on consistent granule quality.

The growing oil and gas sector is expected to drive the industrial salts market. The oil and gas industry, encompassing exploration, extraction, refining, transportation, and marketing of petroleum products, relies on industrial salts for various operational applications. Salts are used to increase the density of drilling mud and soil, ensuring safer and more efficient drilling operations, and in refining processes to remove water from petroleum products, improving their quality. For instance, in March 2023, according to the U.S. Energy Information Administration, U.S. crude oil output increased to 12.4 million b/d in 2023 from 11.7 million b/d in 2022. Therefore, the expanding oil and gas sector is propelling the growth of the industrial salts market.

Key players within the industrial salts market are strategically engaging in collaborations to secure a competitive advantage. These partnerships primarily focus on investments in industrial salt plants, emphasizing alliances geared towards optimizing production, distribution, and utilization. For instance, in August 2023, Pakistan Mineral Development Corporation, a semi-autonomous entity based in Pakistan, entered into a memorandum of understanding (MoU) with Miracle Saltworks Collective Inc., a US-based company specializing in Himalayan crystal salt. The objective is to establish a high-quality pink rock salt crushing and packaging facility exclusively for salt exports. Under this arrangement, the US company is set to invest $200 million for the creation of this specialized facility. The non-binding MoU outlines plans to establish a cutting-edge pink rock salt crushing and packaging facility, aligning with the export theme of 'Pink Prosperity'.

In May 2023, Cargill's salt business, a leading player in the U.S. salt industry, entered into an agreement with CIECH Group, a European supplier of evaporated salt products. This partnership is designed to expand Cargill's portfolio by broadening its range of specialty and evaporated food-salt solutions for food manufacturers throughout the European market. Through this collaboration with CIECH Group, Cargill aims to address the increasing demand for high-quality food-salt products and bolster its standing in the competitive European food manufacturing landscape.

Major companies operating in the industrial salts market are Cargill Incorporated, Mitsui & Co. Ltd., Nouryon Chemicals Holding B.V, Rio Tinto Group, Compass Minerals International Inc., INEOS Group AG, K+S AG, Wacker Chemie AG, Akzo Nobel N.V., Solvay S.A., Dominion Salt Ltd., ICL Group Ltd., Salt Union Ltd., Swiss Saltworks AG, Atisale SpA, Salins Group, Kopalnia Soli Wieliczka SA, Dampier Salt Ltd., Morton Salt Inc., Qinghai Salt Lake Industry Co. Ltd., Henan Huayang Salt Chemical Co. Ltd., Shandong Haihua Group Co. Ltd., Ciech S.A., Tata Chemicals North America Inc., China National Salt Industry Corporation, Tata Chemicals Limited, Salinas Salt Company, San Francisco Salt Company, SaltWorks Inc.

Asia-Pacific was the largest region in the industrial salts market share in 2025. The regions covered in the industrial salts market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial salts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial salts market consists of sales of sodium chloride, anhydrous magnesium sulphate, epsom salt, potassium chloride and potassium sulphate. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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