Report
forecast the Global Salt market to grow at a CAGR of 2.55 percent over the
period 2014-2019.
Salt,
one of the most important minerals in the world and an integral part of food,
also finds significant applications in the Chemical and Food-processing
industries. It is a compound of sodium and chlorine, and is produced globally
through various production processes including seawater evaporation, brine
extraction mining, and rock salt mining. Apart from its various industrial and
household uses, salt is also used as a major de-icing agent for the maintenance
of roads in the Western hemisphere, especially in the North American and
European countries, during winters. Its physical properties include solubility
in water, being colorless, being odorless, and having a unique characteristic
taste.
The
Global Salt market can be divided on the basis of end-users into the following
segments: Chemical Processing, Food Processing, Road De-Icing, and Others.
According
to the lead analyst of this report,the rise of Chinese market as the largest
producer and consumer of salt in the world is one of the key trends emerging in
the market. The increase in economic and industrial development in the country,
along with the increased emphasis on the development of the Chemical Processing
industry by the government of China, has resulted in the increased consumption
of salt for household and industrial applications.
According
to the report, the increased production of chlor-alkali chemicals worldwide is
a major driver that is expected to influence the overall market growth. The
significant growth of the construction and paper industries in the APAC,
especially in India and China, is expected to increase the consumption of these
chemicals.
Further,
the report states that stringent government regulations regarding industrial
pollution is a key challenge in the market. With the increased global awareness
about the ill-effects of volatile organic compounds and industrial pollutants
on the environment, the government regulations are expected to pose a threat to
the market.
Global
Salt Market 2015-2019, has been prepared based on an in-depth market analysis
with inputs from industry experts. The report covers the Americas, and the APAC
and EMEA regions; it also covers the Global Salt market landscape and its growth
prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
This
report covers the following companies as the key players in the Global Salt
Market: Cargill Inc.,China National Salt Industry Corp., Compass Minerals
International Inc., INEOS Group AG and K+S AG.
Other
Prominent Vendors in the market are: Agrosal, Akzo Nobel, Atisale, British
Salt, Cheetham Salt, Dampier Salt, Dev Salt, Dow Chemical, Exportadora De Sal, Henrique
Lage Salineira, Hubei Shuanghuan Science and Technology Stock Co., ICL
Fertilizers, Irish Salt Mining & Exploration Company Limited, ITALKALI
Società Italiana Sali Alcalini, Mitsui & Company Limited, Pakistan Mineral
Development Corporation, Salinas, Swiss Saltworks, Solana Tuzla, Solvay, State
Enterprise Association Artyomsol, Südsalz, Südwestdeutsche Salzwerke, Tata
Group, United Salt, Uralkali, VISALCO Salt Company and Wacker Chemie.
Key Regions
- Americas
- APAC
- EMEA
Key Market Driver
- Increased Global Production of Chlor-alkali Chemicals
- For a full, detailed list, view our report.
Key Market Challenge
- Stringent Government Regulations Regarding Air Pollution
- For a full, detailed list, view our report.
Key Market Trend
- Rise of China as Largest Salt Producer and Consumer
- For a full, detailed list, view our report.
Key Questions Answered in
this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 83 pages, “Global
Salt Market 2015 - 2019” report covers the Executive Summary,
List of Abbreviations, Scope of the Report, Market Research Methodology,
Introduction, Market Landscape, Global Salt Market, Market Segmentation by
End-users, Geographical Segmentation, Key Leading Countries, Buying Criteria,
Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of
Drivers and Challenges, Market Trends, Trends and their Impact, Vendor
Landscape, Key Vendor Analysis.
For
further information on this report, please visit- http://mrr.cm/4p6
Find all Specialty Chemicals Reports at: http://www.marketresearchreports.com/specialty-chemicals
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