Sodium Chloride Market Report by Source (Sea Water, Rock Salt, and Others), End-Use (Chemical Industry, Food Grade Salt, Road De-icing, and Others), and Region 2024-2032

Sodium Chloride Market Report by Source (Sea Water, Rock Salt, and Others), End-Use (Chemical Industry, Food Grade Salt, Road De-icing, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A600
Buy Now

Market Overview:

The global sodium chloride market size reached US$ 29.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 34.2 Billion by 2032, exhibiting a growth rate (CAGR) of 1.7% during 2024-2032. 

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 29.1 Billion
Market Forecast in 2032
US$ 34.2 Billion
Market Growth Rate 2024-2032 1.7%


Sodium chloride, with the chemical formula NaCl, is an ionic compound representing a 1:1 ratio of sodium and chloride ions. Also commonly referred to as salt, table salt or common salt, sodium chloride is readily soluble in water. It appears as a white crystalline solid and acts as an emetic and a flame retardant. It is also essential in maintaining the electrolyte balance of fluids in a person’s body. Moreover, the body requires NaCl to absorb and transport nutrients, maintain blood pressure levels and the right balance of fluid, transmit nerve signals, and contract and relax muscles. In recent years, there has been a significant rise in the usage of NaCl in various sectors such as animal feed, water and waste treatment, textiles and pharmaceuticals. It is also used to de-ice the streets and highways during heavy snowfall in the North American and European regions.

Global Sodium Chloride Market

Sodium Chloride Market Trends:

The increasing applications of sodium chloride in diverse industries represent the primary factor bolstering the market growth. In the food sector, NaCl is mainly used for seasoning, coloring, curing meats and preserving fish. It helps to enhance the flavor, preserve foods, prevent spoilage and keep ready-to-eat meats and cheeses safe to eat. Salt is also used in the fermenting process for foods like sauerkraut, pickles and kefir. Besides this, it is utilized in catheter flush injections or intravenous infusions and for cleaning objects such as contact lenses. NaCl is one of the essential chemicals used in the chemical industry, mainly for manufacturing caustic soda, sodium chlorite, ammonium chloride and sodium bicarbonate. In addition, a large quantity of sodium chloride is employed as feedstock in many industrial processes and for water softening purposes. These factors are expected to provide a positive thrust to the market growth in the near future.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global sodium chloride market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on source and end-use.

Breakup by Source:

  • Sea Water
  • Rock Salt
  • Others
     

Breakup by End-Use:

  • Chemical Industry
  • Food Grade Salt
  • Road De-icing
  • Others
     

Regional insights:

  • Asia
  • Europe
  • North America
  • South and Central America
  • Others
     

Competitive Landscape:

The competitive landscape of the market has been analyzed, with some of the key players being K+S Group, China National Salt Industry Group (CNSIG), Compass Minerals International, Inc, Cargill Corporation and Dampier Salt Limited (DSL).

The essential aspects of the global sodium chloride market evaluated in the report include:

  • Market trends
  • Major regions
  • Impact of COVID-19
  • Key end uses
  • Key manufacturers
  • Price trends
  • Raw material requirements
  • Chemical reactions involved in the manufacturing process
  • Major importers and exporters
  • Value chain analysis
  • Machinery Requirements
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Million Tons, US$ Billion
Segment Coverage Source, End-Use, Region
Region Covered  Asia, Europe, North America, South and Central America, Others
Companies Covered K+S Group, China National Salt Industry Group (CNSIG), Compass Minerals International, Inc, Cargill Corporation and Dampier Salt Limited (DSL)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global sodium chloride market was valued at US$ 29.1 Billion in 2023.

We expect the global sodium chloride market to exhibit a CAGR of 1.7% during 2024-2032.

The rising utilization of sodium chloride in the food and beverage (F&B) sector to enhance the flavor, preserve food, prevent spoilage, keep ready-to-eat meat and cheese safe to eat, etc., is primarily driving the global sodium chloride market.

The sudden outbreak of the COVID-19 pandemic had led to implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for sodium chloride.

Based on the source, the global sodium chloride market has been bifurcated into sea water, rock salt, and others. Among these, rock salt currently holds the majority of the total market share.

Based on the end-use, the global sodium chloride market can be divided into chemical industry, food grade salt, road de-icing, and others. Currently, the chemical industry exhibits a clear dominance in the market.

On a regional level, the market has been classified into Asia, Europe, North America, South and Central America, and others, where Asia currently dominates the global market.

Some of the major players in the global sodium chloride market include K+S Group, China National Salt Industry Group (CNSIG), Compass Minerals International, Inc, Cargill Corporation, and Dampier Salt Limited (DSL).

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Sodium Chloride Market Report by Source (Sea Water, Rock Salt, and Others), End-Use (Chemical Industry, Food Grade Salt, Road De-icing, and Others), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More