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Sodium Chloride Market Size, Growth, Trends and Forecast to 2026
8 months ago
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Sodium Chloride Market Size, Growth, Trends and Forecast to 2026

According to IMARC Group’s latest report, titled “Sodium Chloride Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on the sodium chloride market share. 

The global sodium chloride market reached a value of US$ 28.6 Million in 2020. Looking forward, IMARC Group expects the market to continuously grow during 2021-2026. Sodium chloride, which is also known as salt, common salt, table salt or halite, is a compound formed by the ionic bonding of sodium and chloride, and has the chemical formula NaCl. It is generally found in large quantities either in sea water or in the underground deposits of rock salt. This salt is also responsible for the extracellular fluid of many multicellular organisms and the salinity of seawater. It performs various functions such as absorbing and transporting nutrients, maintaining blood pressure and the right balance of fluid, transmitting nerve signals and contracting and relaxing muscles. As a result, sodium chloride represents an integral part of human food.

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Sodium Chloride Market Trends:

The market is currently being driven by a number of growth inducing factors. The major chemical products made using sodium chloride are chlorine and caustic soda, which in turn are used in the manufacturing of a number of chemical products, both organic and inorganic. As a result, the chemical industry represents one of the largest end-use sectors. On the other hand, in the food industry, it is used as a condiment and natural preservative. It is also used as a seasoning and for enhancing the natural colours of food. Apart from this, sodium chloride is used in various other sectors such as animal feed, water and waste treatment, textiles and pharmaceuticals. Moreover, with the increased climatic imbalances leading to heavier snowfalls, it is extensively used as an agent for de-icing and anti-icing, in regions such as Europe and North America.

Sodium Chloride Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the sodium chloride market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • K+S Group

  • China National Salt

  • Compass Minerals

  • Cargill

  • Dampier Salt

The report has segmented the global sodium chloride market on the basis of source, end use and region.

Market Breakup by Source

  • Sea water

  • Rock Salt

  •  Others

Market Breakup by End-Use

  • Chemical Industry

  •  Food Grade Salt

  • Road De-icing

  • Others

Breakup by Region:

  • North America

  • Asia Pacific

  • Europe

  • Latin America

  • Middle East and Africa

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Key highlights of the report:                                                         

  • Market Performance (2015-2020)

  • Market Outlook (2021-2026)

  • Market Drivers and Success Factors

  • Market Trends

  • The Impact of COVID-19 on the Global Market

  • Value Chain Analysis

  • Structure of the Global Market

  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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