1 / 4

Global Salt Market Size

Global Salt Market Insights<br>Global Salt Market size was valued at USD 14.16 billion in 2021 and is poised to grow from USD 14.61 billion in 2022 to USD 19.4 billion by 2030, growing at a CAGR of 3.2% in the forecast period (2023-2030).<br>Salt is consumed by every individual in the world in some form regularly. According to the researchers of Tufts University, an average of 3.95 grams of salt is consumed per person per day by every adult on the planet. It is one of the most expensive minerals in the world and a vital component of human diet.<br>

Ritanshu
Download Presentation

Global Salt Market Size

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global Salt Market Size, Share, Growth Analysis, By Type, By Application, By Source (Brine and salt mines) - Industry Forecast 2023-2030 Global Salt Market Insights Global Salt Market size was valued at USD 14.16 billion in 2021 and is poised to grow from USD 14.61 billion in 2022 to USD 19.4 billion by 2030, growing at a CAGR of 3.2% in the forecast period (2023-2030). Salt is consumed by every individual in the world in some form regularly. According to the researchers of Tufts University, an average of 3.95 grams of salt is consumed per person per day by every adult on the planet. It is one of the most expensive minerals in the world and a vital component of human diet. It is an important inorganic chemical having various applications across different industries such as chemical processing, food processing, and water treatment among others. The increasing application of salt in the

  2. chemical production is projected to boost the growth of the salt market, over the forecast period US Salt Market is poised to grow at a sustainable CAGR for the next forecast year. Global Salt Market Segmental Analysis The Global Salt Market is segmented based on type, application, source, and region. Based on Type, Salt Market is categorized into Rock Salt, Vacuum Salt and Sea Salt. Based on Application, Salt Market is categorized into Chemical Processing, De-Icing, Water Treatment, Oil & Gas, Food Processing, and Agriculture. Based on source, the Salt Market is segmented into Brine and salt mines. Based on region, Salt Market is categorized into North America, Europe, Asia Pacific, The Middle East and Africa, and Latin America. Salt Market Analysis by Application On the basis of application, the chemical processing salt segment is currently dominating the global salt market, having the largest market share. In particular, industrial salts are utilized as a raw material in the production of chlorine, soda ash, and caustic soda. The increasing demand for these chemicals is projected to increase the consumption of salts, thereby supporting the growth of the global salt market. Similarly, the increasing number of water treatment projects are predicted to boost the use of industrial salts, and as a result, support the growth of the overall salt market. Currently, there are several water treatment projects underway, which is projected to increase the demand for salts. These projects utilize industrial salts to soften and purify the water Get a complete overview of Salt Market https://www.skyquestt.com/report/salt-market

  3. Salt Market Top Players Company Profiles •Cargill •K+S AG •Tata Chemicals Limited •China National Salt Industry Corporation (CNSIC) •Compass Minerals International, Inc. •Morton Salt, Inc. (a subsidiary of K+S AG) •AkzoNobel N.V. •Dampier Salt Limited (a subsidiary of Rio Tinto Group) •INEOS Salt Europe (a subsidiary of INEOS Group Holdings S.A.) •Lion Salt Works Trust •Wacker Chemie AG •Zoutman Industries NV •Dominion Salt Limited •Salins Group •Südwestdeutsche Salzwerke AG •Swiss Saltworks AG •United Salt Corporation •Eurosalt •Cerebos Limited (a subsidiary of Suntory Beverage & Food Limited) About Us: Sky Quest Technology is leading growth consulting firm providing market intelligence, commercialization, and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone:

  4. USA (+1) 617-230-0741 Email:sales@skyquestt.com Sky Quest

More Related