A Comprehensive Study Exploring the Global Industrial Salt Market| MarketsandMarkets
Verfasser: ashwani_kailiya on Wednesday, 25 January 2023Industrial salts are salts specifically designed and manufactured for use in industrial applications. They are typically highly refined, free-flowing and have low moisture, which makes them ideal for use in industrial processes. Common industrial uses of salts include water softening, de-icing, food preservation, metal finishing, and corrosion control. The growth is mainly driven by increasing demand from the food & beverage industry and water treatment industry. The demand for industrial salts is also driven by its use in various industrial applications such as glass manufacturing, soap and detergent production, and in the manufacturing of other chemicals.
The industrial salts market was valued at USD 12.70 billion in 2016 and is projected to reach USD 14.93 billion by 2022, at a CAGR of 2.8% from 2017 to 2022. The growth of the chlor-alkali industry is driving the growth of the industrial salts market in the chemical processing application. The growing use of industrial salts for de-icing and water treatment applications is expected to further fuel the growth of the market across the globe. Agriculture and oil & gas are the key application sectors of industrial salts.
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