DUBLIN--(BUSINESS WIRE)--The "Global Sodium Chloride Market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.
The major factors responsible for the global sodium chloride market's growth are the increasing demand for Chlor-alkali products in the chemical industry and its easy availability. The growing demand for packed food also drives the market. However, the low-profit margin is expected to restrain the growth of the market in the forecast period.
Asia-Pacific region is expected to be the largest market for global sodium chloride due to increased refining activities and production from chemical industries. Furthermore, China and India hold up the major share for the global sodium chloride market. Moreover, the refining activities in these countries will further drive the studied market.
Deicing is expected to drive the market due to its high usage in removing snow, ice, or frost from a surface. Adding to this large rock salt-producing countries such as Canada, Germany, and the United States tend to have more deicing needs. According to USGS, the application of road salt in the United States has tripled since a few years, which is expected to drive the market further.
The global sodium chloride market is partially consolidated. Major players in the market were found to be Cargill Incorporated, Tata Chemicals Limited, Cheetham Salt, K+S Aktiengesellschaft, and Compass Minerals, among others.
In July 2019, China CAMC Engineering and Ghana's LaLoi Industrial Holdings penned a saline-alkali project deal worth USD 295 million. CAMC Engineering will build a salt plant with an annual output of 250,000 tons and a Chlor-alkali one with 21,000 tons yearly under the 32-month contract.
Moreover, in February 2020, Researchers at the University of Alberta have developed a virus-killing salt coating designed to improve the surgical masks' effectiveness to prevent the spread of pathogens like influenza or the new coronavirus.
Key Topics Covered:
1. Executive Summary
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Trade Scenario
3.7 Regulatory Policies
3.8 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
5. Market Segmentation & Forecast
5.1 By Grade
5.1.1 Rock Salt
5.1.2 Solar Salt
5.1.3 Other Grades
5.2 By Application
5.2.1 Pharmaceuticals
5.2.2 Agriculture
5.2.3 Chemical Production
5.2.4 Water Conditioning
5.2.5 Deicing
5.2.6 Flavoring Agents & Food Preservatives
5.2.7 Textile Industry
5.2.8 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 United Kingdom
6.2.2 Germany
6.2.3 Italy
6.2.4 France
6.2.5 Spain
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 Cargill, Incorporated
7.2 Tata Chemicals Ltd.
7.3 Cheetham Salt
7.4 Nouryon
7.5 ICL Fertilizers Ltd.
7.6 K+S Aktiengesellschaft
7.7 Rio Tinto Limited
7.8 Wacker Chemie AG
7.9 INEOS Capital Limited
7.10 Dominion Salt
7.11 CK Life Sciences Intl., (Holdings) Inc.
7.12 The Dow Chemical Company
7.13 Compass Minerals
7.14 Dampier Salt Ltd.
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/uy880a
