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October 13, 2021Global Industrial Salt Market 2021-2028
$5195 – $7195
Industrial salts are manufactured by the use of natural resources such as rock salt deposits or natural brine such as sea water and salty lakes. These are produced by conventional mining, vacuum evaporation or solar evaporation processes. Industrial salts are used in the chemical processing, de-icing, water treatment, oil & gas, agriculture among others owing to their availability in large quantities and cost-effectiveness.
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Report Summary
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- Industrial salts are manufactured by the use of natural resources such as rock salt deposits or natural brine such as sea water and salty lakes. These are produced by conventional mining, vacuum evaporation or solar evaporation processes. Industrial salts are used in the chemical processing, de-icing, water treatment, oil & gas, agriculture among others owing to their availability in large quantities and cost-effectiveness.
- Industrial salt sees significant consumption in the oil & gas industry, especially from the drilling and extraction sector, which has provided stimulus to the market over the historical period. Moreover, expanding soda ash and caustic soda production has spiked the demand for industrial salt. Furthermore, it is used in small amounts in the pharmaceutical industry, cloud seeding, and other niche applications.
- The outbreak of the COVID-19 pandemic had a strong impact on the overall growth of the global industrial salt market in 2020. The significant decline in the end-use industries around the world due to the COVID-19 crisis has led to a notable decline in the demand for industrial salt in 2020– a factor that is likely to hinder market growth. Furthermore, due to restrictions on transportation and trade, a number of challenges related to the supply chain have contributed to the sluggish growth of the market for industrial salt in 2020. However, the market has restarted and picked up pace in regions such as Europe and East Asia, but the demand for industrial salt has not gained significant pace. On the brighter side, the market is set to reach its original pace by the 3rd quarter of 2021, with global demand set to witness an uptake at a CAGR of 3.8% during the forecast period.
Table of Content
1. Executive Summary 1.1. Market Insights 1.2. Market Outlook 1.3. Segmental Insights 2. Market Research Methodology 2.1. Research methodology and design 2.2. Sample selection 2.3. Reliability and validity 3. Market Analysis 3.1. Market size and growth rates 3.2. Market growth drivers, market dynamics and trends 3.3. Industry value chain analysis 3.4. Market scenarios and opportunity forecasts 3.5. Relevant markets 3.6. The new frontiers of growth 3.9. Emerging market needs and challenges 3.8. Industry Analysis – Porter’s 3.8.1. Threat of new entrants 3.8.2. Bargaining power of suppliers 3.8.3. Bargaining power of buyers 3.8.4. Threat of substitutes 3.8.5. Competitive rivalry 3.9. PEST Analysis 3.9.1. Political/legal landscape 3.9.2. Social landscape 3.9.3. Technological landscape 4. COVID 19 Crisis Analysis 4.1. Statistics and probable future impact 4.2. Scenarios and path forward 4.3. Sector specific impact 4.4. Industry transformation 4.5. Action plan for industry players 4.6. Supply chain: actions to consider 4.9. Initiatives prioritization 4.8. Strategic crisis-action plan 4.9. The next normal 4.9.1. Supply chain 4.9.2. Regulations 4.9.3. Organizations 5. Market Breakdown – by Grade 5.1. Introduction 5.2. Grade-I 5.3. Grade-II 5.4. Others 6. Market Breakdown – by Source Type 6.1. Introduction 6.2. Rock Salt 6.3. Natural brine 7. Market Breakdown – by Manufacturing Process Type 6.1. Introduction 6.2. Conventional Mining 6.3. Solar Evaporation 6.4. Vacuum Pan Evaporation 8. Market Breakdown – by Application 8.1. Introduction 8.2. Chemical Processing 8.2.1. Caustic Soda 8.2.2. Soda Ash 8.2.3. Chlorine 8.3. Agriculture 8.4. Oil & Gas 8.5. Water Treatment 8.6. De-Icing 8.7. Others 9.Market Breakdown by Geography 9.1. North America 9.1.1. North America Flexible Pipe Market, 2019-2028 (USD Million) 9.1.2. North America Flexible Pipe Market, by Raw Material 9.1.3. North America Flexible Pipe Market, by Application 9.1.4. North America Flexible Pipe Market, by Country 9.1.4.1. U.S. 9.1.4.2. Canada 9.1.4.3. Mexico 9.2. South America 9.2.1. South America Flexible Pipe Market, 2019-2028 (USD Million) 9.2.2. South America Flexible Pipe Market, by Raw Material 9.2.3. South America Flexible Pipe Market, by Application 9.2.4. South America Flexible Pipe Market, by Country 9.2.4.1. Brazil 9.2.4.2. Argentina 9.2.4.3. Others 9.3. Europe 9.3.1. Europe Flexible Pipe Market, 2019-2028 (USD Million) 9.3.2. Europe Flexible Pipe Market, by Raw Material 9.3.3. Europe Flexible Pipe Market, by Application 9.3.4. Europe Flexible Pipe Market, by Country 9.3.4.1. U.K. 9.3.4.2. Russia 9.3.4.3. Italy 9.3.4.4. Norway 9.3.4.5. Turkey 9.3.4.6. Denmark 9.3.4.9. Others 9.4. Asia-Pacific 9.4.1. APAC Flexible Pipe Market, 2019-2028 (USD Million) 9.4.2. APAC Flexible Pipe Market, by Raw Material 9.4.3. APAC Flexible Pipe Market, by Application 9.4.4. APAC Flexible Pipe Market, by Country 9.4.4.1. China 9.4.4.2. South Korea 9.4.4.3. India 9.4.4.4. Indonesia 9.4.4.5. Malaysia 9.4.4.6. Australia 9.4.4.9. Others 9.5. Middle East & Africa 9.5.1. MEA Flexible Pipe Market, 2019-2028 (USD Million) 9.5.2. MEA Flexible Pipe Market, by Raw Material 9.5.3. MEA Flexible Pipe Market, by Application 9.5.4. MEA Flexible Pipe Market, by Country 9.5.4.1. Saudi Arabia 9.5.4.2. UAE 9.5.4.3. Qatar 9.5.4.4. Nigeria 9.5.4.5. Angola 9.5.4.6. Tanzania 9.5.4.9. Mozambique 9.5.4.8. Others 10. Competitive Landscape 10.1. Competitive situation and trends 10.2. Company market positioning 10.3. Vendor landscape 10.4. Company geographical presence analysis 10.5. Recent market and industry developments 10.5.1. New product developments and announcements 10.5.2. Agreements, partnerships, joint ventures, and collaborations 10.5.3. Mergers and acquisitions and major PE deals 11. Company Profiles . Company overview . Financial performance . Product benchmarking . Strategic initiatives 11.1. Al Kout Industrial Projects Company 11.2. Cargill Inc. 11.3. Compass Minerals Company 11.4. Delmon Salt Factory (Delmon Group) 11.5. Dominion Salt Limited 11.6. Donald Brown Group 11.9. INEOS 11.8. Kissner USA Holdings 11.9. K + S Chemicals Company 11.10. Morton Salt, Inc 11.11. Nouryon 11.12. Rio Tinto 11.13. Salins IAA 11.14. Wacker Chemie AG 11.15. ZOUTMAN 11.16. Others