Study #: W1003 | Published: 10/2019 | Pages: 88 | Individual User License: US$ 5,400

The global salt market stood at 314 million metric tons in 2018 and is forecast to climb 1.9% annually through 2023 to 346 million metric tons, driven by an increase in demand for salt used in the chemical processing industry, specifically in the production of chlor-alkali chemicals.

Key Findings in the Global Salt Study:

Key Market Trends Through 2023

Due to its size, chemical manufacturing will offer by far the best opportunities for increased salt sales. Construction of new caustic soda facilities and expansions at existing plants will boost output capacity and demand for raw materials used in the production process.

Increases in salt usage by food processors across the globe will remain steady, driven by rising personal incomes worldwide and growing urbanization in smaller countries, which will boost the consumption of packaged and convenience foods.

Sales to livestock feed producers and distributors will continue to grow as rising personal incomes lead to an increase in the consumption of animal proteins in a number of countries around the world.

Key Regional Trends Through 2023

The Asia/Pacific region, led by China and India, will remain the largest market for salt in 2023, when it will account for 45% of worldwide sales.

The Africa/Mideast region will post among the fastest increases, driven by industrial development throughout the region, particularly expansion of chemical and food processing and other manufacturing activities.

Demand for salt in Western Europe and North America – which are both economically developed regions – is expected to accelerate from the pace of the 2013-2018 period, though the drivers of demand will differ:

  • Gains in Western Europe will largely stem from the chemical manufacturing market.
  • Gains in North America will benefit from the region’s large road deicing market, though growth in durable goods output will also boost gains.

Key Production Trends Through 2023

Solar evaporation will remain by far the most common method for extracting salt in 2023, accounting for 40% of worldwide output:

  • This method’s low costs relative to the more energy intensive rock salt mining and brine extraction processes will support gains.
  • A number of industrializing countries located in the Africa/Mideast and Asia/Pacific regions possess climates that are ideally suited for the production of solar salt, further supporting output increases.
  • The vacuum evaporation process will also record gains, supported by healthy growth in China, where higher purity standards are gaining importance in both the chemical manufacturing and food processing industries.

Study Coverage

This Freedonia industry study analyzes the 314 million metric ton global salt industry. It presents historical demand data (2008, 2013, 2018) and forecasts (2023) by product type (solar evaporated salt, rock salt, brine, and vacuum evaporated and other salt), market (chemical processing, road deicing, food processing, and livestock), and region (North America, Central and South America, Western Europe, Eastern Europe, Asia/Pacific, and Africa/Mideast). The study also evaluates market share and competitive analysis on industry competitors including Cargill, China National Salt Industry, Compass Minerals, K+S, and Rio Tinto Group.


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Table of Contents

1. Market Brief

2. Global Market Overview

Demand by Region

Pricing

Types of Salt

Production by Method

Solar Evaporated Salt

Rock Salt

Brine

Vacuum Evaporation & Other Salt Producing Methods

Competitive Technologies & Trends

Sustainable Alternatives to Road Salt

Growing Awareness About Health Concerns Surrounding Salt Consumption

3. Markets

Demand by Market

Chemical Processing

Road Deicing

Food Processing

Livestock

Other Markets (Water Treatment, Pharmaceutical, All Other)

4. Regions

North America: Demand by Market

North America: Demand by Country

United States

Canada

Mexico

Central & South America: Demand by Market

Western Europe: Demand by Market

Western Europe: Demand by Country

Germany

France

United Kingdom

Spain

Italy

Other Western Europe

Eastern Europe: Demand by Market

Asia/Pacific: Demand by Market

Asia/Pacific: Demand by Country

China

India

Japan

South Korea

Indonesia

Taiwan

Other Asia/Pacific

Africa/Mideast: Demand Market

5. Industry Structure

Key Findings & Industry Composition

Market Share

6. Appendix

Scope

Definitions

Abbreviations

Methodology

Related Studies & Reports

Country Lists by Region

Macroeconomic Assumptions

Global Economic Outlook

Global Manufacturing Outlook


List of Tables

2. Global Market Overview

Table 2-1 | Global Salt Demand by Region, 2008 - 2023 (thousand metric tons)

Table 2-2 | Average Global Salt Prices, 2008 - 2023 (dollars per metric ton)

Table 2-3 | Global Salt Production by Method, 2008 - 2023 (thousand metric tons)

3. Markets

Table 3-1 | Global Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 3-2 | Global Chemical Manufacturing: Salt Demand by Region, 2008 - 2023 (thousand metric tons)

Table 3-3 | Global Road Deicing: Salt Demand by Region, 2008 - 2023 (thousand metric tons)

Table 3-4 | Global Food Processing: Salt Demand by Region, 2008 - 2023 (thousand metric tons)

Table 3-5 | Global Livestock: Salt Demand by Region, 2008 - 2023 (thousand metric tons)

Table 3-6 | Other Global Markets: Salt Demand by Market & Region, 2008 - 2023 (thousand metric tons)

4. Regions

Table 4-1 | North America: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-2 | North America: Salt Demand by Country, 2008 - 2023 (thousand metric tons)

Table 4-3 | United States: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-4 | Canada: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-5 | Mexico: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-6 | Central & South America: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-7 | Western Europe: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-8 | Western Europe: Salt Demand by Country, 2008 - 2023 (thousand metric tons)

Table 4-9 | Germany: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-10 | France: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-11 | United Kingdom: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-12 | Spain: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-13 | Italy: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-14 | Other Western Europe: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-15 | Eastern Europe: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-16 | Asia/Pacific: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-17 | Asia/Pacific: Salt Demand by Country, 2008 - 2023 (thousand metric tons)

Table 4-18 | China: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-19 | India: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-20 | Japan: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-21 | South Korea: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-22 | Indonesia: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-23 | Taiwan: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-24 | Other Asia/Pacific: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

Table 4-25 | Africa/Mideast: Salt Demand by Market, 2008 - 2023 (thousand metric tons)

5. Industry Structure

Table 5-1 | Global Salt Sales by Company, 2018 (million dollars & million metric tons)

6. Appendix

Table 6-1 | Relevant HS Codes

Table 6-2 | Relevant NAICS & SIC Codes

Table 6-3 | Relevant NACE Codes

Table 6-4 | Abbreviations & Acronyms Used in This Report

Table 6-5 | Countries in North America

Table 6-6 | Countries in Central & South America

Table 6-7 | Countries in Western Europe

Table 6-8 | Countries in Eastern Europe

Table 6-9 | Countries in the Asia/Pacific Region

Table 6-10 | Countries in the Africa/Mideast Region

Table 6-11 | Global Gross Domestic Product by Region & Country, 2008 - 2023 (billion 2017 dollars)

Table 6-12 | Global Manufacturing Value Added by Region & Country, 2008 - 2023 (billion 2017 dollars)


List of Figures

1. Market Brief

Figure 1-1 | Global Salt Market

2. Global Market Overview

Figure 2-1 | Global Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 2-2 | Global Salt Production Share by Method, 2018 (million metric tons)

3. Markets

Figure 3-1 | Global Salt Demand Share by Market, 2018 (million metric tons)

Figure 3-2 | Global Salt Demand Share by Market & Region, 2018 (million metric tons)

4. Regions

Figure 4-1 | United States: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-2 | Canada: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-3 | Mexico: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-4 | Central & South America: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-5 | Germany: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-6 | France: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-7 | United Kingdom: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-8 | Spain: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-9 | Italy: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-10 | Other Western Europe: Salt Demand, 2005 - 2018 (million dollars)

Figure 4-11 | Eastern Europe: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-12 | China: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-13 | India: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-14 | Japan: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-15 | South Korea: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-16 | Indonesia: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-17 | Taiwan: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-18 | Other Asia/Pacific: Salt Demand, 2005 - 2018 (thousand metric tons)

Figure 4-19 | Africa/Mideast: Salt Demand, 2005 - 2018 (thousand metric tons)

5. Industry Structure

Figure 5-1 | Global Salt Market Share by Company, 2018 (million metric tons)

6. Appendix


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