
Report ID: SQMIG30C2126
SkyQuest Technology's Industrial salt market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Industrial Salt Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Industrial Salt Market size was valued at USD 14.61 Billion in 2023 and is poised to grow from USD 15.08 Billion in 2024 to USD 19.39 Billion by 2032, growing at a CAGR of 3.2% during the forecast period (2025-2032).
Industrial salt in the chemical industry is largely used for manufacturing of caustic soda, chlorine, and soda ash. Electrolysis of industrial grade salt by chlor-alkali industry manufactures caustics soda and chlorine. The demand for these products will drive the Industrial salt market growth.
It mainly finds demand in the manufacture of pulp and paper, alumina, soap and detergents, petroleum products and chemical products. More than half of the world’s soda ash production is used in glass manufacturing, but it is also used in a wide range of other products such as powdered detergents, soaps, and rechargeable batteries. It is also used extensively in metallurgical processes, and across the food, cosmetic and pharmaceutical industries. The above-mentioned applications and demand are the major factors that propels growth of the industrial salt industry.
The salt used in de-icing is the lowest grade with higher levels of impurities compared to grades used for other applications. The presence of cold regions all over the world has led to the application of industrial salts as an economic option for de-icing. The above-mentioned applications are expected to provide ample opportunities for growth of the industrial salts industry. Industrial salts are widely used as agents for de-icing of roads, platforms, and walkways. Industrial salts can lower the freezing point, thereby melting the ice. It accounts for the second largest global industrial salt market share overall.
US Industrial Salt Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30C2126
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