DUBLIN, Jan. 31, 2019 /PRNewswire/ --
The "Sodium chloride - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
Global Sodium Chloride market accounted for $13.88 billion in 2017 and is expected to reach $22.99 billion by 2026 growing at a CAGR of 5.8% during the forecast period.
The demand for NaCl is on the flow from the chemical industry, where it is broadly used for the manufacturing of chlor-alkali products, such as chlorine, soda ash, and caustic soda and rising demand & utilization of conserved food items are some of the factors propelling the growth of the market. However, stringent regulations imposed by the government are restricting the market.
Based on the grade, vacuum salt segment witnessed steady growth and it has occurred from the salt water of the sea water. It is broadly used in various applications owing to the easy availability and low-cost attributes. The growth of this segment is attributed to the widespread usage of vacuity salt in the drilling applications, water purifying methods, and de-icing industries, among others. Development of these industries could eventually support the market growth in the forthcoming years.
By geography, Asia Pacific dominates the overall NaCl market owing to the rising demand for the chemical, food, and beverage, and water purifying industries. China holds a key share in the market. Furthermore, solar salt within the position is the fastest growing sector due to the increasing demand in the chemical industry in this region.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Sodium Chloride Market, By Manufacturing Process
5.2 Artificial Evaporation
5.3 Solar Evaporation
6 Global Sodium Chloride Market, By Grade
6.2 Solar Salt
6.3 Rock Salt
6.4 Other Grades
6.4.1 Vacuum & Brine Salt
7 Global Sodium Chloride Market, By Application
7.2 Water Conditioning
7.3 Flavoring Agents & Food Preservatives
7.4 Chemical Production
7.6 Oil field & Textile
7.9 Other Applications
7.9.1 Animal Feed Additive
8 Global Sodium Chloride Market, By Geography
8.2 North America
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.5 Other Key Strategies
10 Company Profiling
- Tata Chemicals Limited
- Cargill Incorporated
- Dampier Salt Ltd.
- China National Salt Industry Corporation
- Compass Minerals International, Inc.
- Cheetham Salt Limited
- CK Life Sciences Int'l., (Holdings) Inc.
- Dominion Salt Limited
- ICL Fertilizers Ltd.
- Maldon Crystal Salt Company Ltd.
- Salinen Austria AG
For more information about this report visit https://www.researchandmarkets.com/research/jgs2fj/22_99_bn_sodium?w=5
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets