DUBLIN--(BUSINESS WIRE)--The "Industrial Salt Market by Source (Rock Salt, Natural Brine), Manufacturing Process (Conventional Mining, Vacuum Evaporation, Solar Evaporation), Application (Chemical Processing, De-Icing, Water Treatment, Oil/Gas) & Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The Industrial Salts Market Was Valued at USD 12.70 Billion in 2016 And is Projected to Reach USD 14.93 Billion By 2022, at a CAGR of 2.8% from 2017 to 2022.
The increased demand for industrial salts in the chemical processing, de-icing, water treatment, oil & gas, and agriculture applications is expected to drive the growth of the industrial salts market across the globe. The demand for industrial salts is driven by the growth of its application sectors. Chemical processing is a major application of industrial salts. Industrial salts are particularly used as raw material for the manufacturing of caustic soda, chlorine, and soda ash. The increasing demand for these chemicals will increase the consumption of industrial salts in the coming years. Concerns over the usage of industrial salts in de-icing and food industry may restrain the growth of the market during the forecast period.
The chemical processing segment of the industrial salts market is expected to be the largest application segment of the market during the forecast period, in terms of value. The growth of this segment can be attributed to the increased production of caustic soda and soda ash. Expansion of the chlor-alkali industry and the increasing number of water treatment plants are expected to drive the growth of the Asia Pacific industrial salts market during the forecast period.
The increased demand for industrial salts from the Asia Pacific region can be attributed to the growth in the chemical processing and water treatment sectors in the region. Expansion of the chlor-alkali industry and the increasing number of water treatment plants are expected to drive the growth of the Asia Pacific industrial salts market during the forecast period.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industrial Salt Market, By Source
7 Industrial Salt Market, By Manufacturing Process
8 Industrial Salt Market, By Application
9 Industrial Salt Market, By Region
10 Competitive Landscape
11 Company Profiles
- Akzonobel N.V.
- Amra Salt Co.
- Atisale S.P.A.
- Cargill, Inc.
- China National Salt Industry Corporation (Cnsic)
- Ck Life Sciences International Holdings Inc.
- Compass Minerals International Inc.
- Dev Salt Pvt. Ltd.
- Dominion Salt Ltd
- Donald Brown Group
- Exportadora De Sal De C.V.
- Ineos Group Holdings S.A.
- Irish Salt Mining & Exploration Co. Ltd. (I.S.M.E. Co. Ltd.)
- Italkali Societa Italiana Sali Alcalini S.P.A
- Mitsui & Co. Ltd.
- Rio Tinto Plc.
- Salins Group
- State Enterprise Arytomsol
- Swiss Saltworks Ag
- Tata Chemicals Ltd.
- Wacker Chemie Ag
- Wilson Salt Company
For more information about this report visit https://www.researchandmarkets.com/research/j2xkql/industrial_salt