Sodium Chloride Market Size

Global Sodium Chloride Market Overview

Sodium Chloride Market Size was valued at USD 18.97 Billion in 2023. The Sodium Chloride industry is projected to grow from USD 19.88 Billion in 2024 to USD 25.37 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.09% during the forecast period (2024 - 2032). The increasing demand for de-icing of snow in cold countries and low-cost raw material are key market drivers enhancing market growth.

                 

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Sodium Chloride Market Trends

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  Increasing demand for de-icing of snow in cold countries driving the market growth

  
  

The demand for sodium chloride in the de-icing market is driven by the need to keep roads and sidewalks safe for pedestrians and vehicles during winter months when snow and ice are common. The use of sodium chloride for de-icing is preferred over other de-icing agents because of its availability, affordability, and effectiveness. Cold countries have a high demand for sodium chloride as de-icing agent because of their harsh and long winters. Countries like Canada, Russia, and Norway have a well-established market for sodium chloride for de-icing purposes. In the United States, sodium chloride is the most commonly used de-icing agent on roads and highways during the winter months. Moreover, the demand for sodium chloride in the de-icing market is not limited to countries with colder climates. Many countries that experience occasional snowfall or have mountainous regions prefer to use sodium chloride to avoid accidents and disruptions caused by snow and ice.

The growth in the  population and increasing urbanization is driving the demand for safe and efficient transportation systems, which is expected to further boost the demand for sodium chloride in the de-icing market. Additionally, the increasing awareness of the need for road safety and the adoption of various road safety regulations and initiatives is expected to further drive the demand for sodium chloride as a de-icing agent. Therefore, the increasing demand for de-icing of snow in cold countries and regions is a significant driver of the sodium chloride market, and it is expected to continue to grow in the future. Thus, driving the Sodium Chloride market revenue.

Also, Sodium chloride, also known as salt, is one of the most abundant minerals on earth, and it is available at a relatively low cost. This makes it an attractive raw material for a variety of industries, including the food industry, chemical industry, water treatment industry, and pharmaceutical industry, which all drive the demand for sodium chloride. In the food industry, sodium chloride is used as a seasoning and preservative, and its low cost makes it an attractive option for food manufacturers. The chemical industry uses sodium chloride as a raw material for the production of various chemicals such as caustic soda, soda ash, and chlorine. The low cost of sodium chloride makes it an economical choice for chemical manufacturers.

In the water treatment industry, sodium chloride is used for water softening and wastewater treatment, and its low cost makes it a cost-effective option for water treatment plants. In the pharmaceutical industry, sodium chloride is used to produce saline solution for injection, which is used to treat dehydration and electrolyte imbalances. Its low cost makes it an affordable option for pharmaceutical manufacturers. Therefore, the low cost of sodium chloride is a significant driver of the sodium chloride market, as it makes it an attractive raw material for various industries. The abundant availability and low cost of sodium chloride also make it a reliable option for businesses looking to reduce their costs and increase their profitability. As a result, the demand for sodium chloride is expected to continue to grow in the future, driven by its low cost and availability as a raw material.

A new alkali metal-chloride battery from August 2021 claims to have a six-fold increase in energy density. Scientists from the United States have developed an interesting new battery chemistry using table salt (sodium chloride) and chlorine gas. A prototype that might already be suitable for small devices like hearing aids with further development could also be expanded for use in larger applications.

February 2024

Braun Medical Inc. (B. Braun), a pioneer in the area of smart infusion therapy and pain management, made a statement today about the launch of its new Heparin Sodium 2,000 units in 0.9% Sodium Chloride Injection, 1,000 mL (2 units/mL). This new product is a medication for pain management and smart infusion treatment. Within the company's assortment of Heparin premixed bags, this new product is the sixth product that has been introduced.

The company states that it is better equipped to satisfy the different needs of healthcare institutions and the patients who are treated by such facilities for this high-alert medicine as a result of the addition of this new product to the portfolio of products that we provide.

EXCEL IV Containers are used in the production of the B. Braun Heparin portfolio. This is done with the goal of putting the safety of patients and the environment among the highest priorities. Natural rubber latex, DEHP, or PVC are not used in the building of these containers; these components are not utilized in the production of these containers neither. In addition, the manufacturing facility that B. Braun runs in Irvine, California is the one that is accountable for the manufacture and distribution of the respective product.

Sodium Chloride Market Segment Insights

Sodium Chloride Type Insights

Based on the type, the  Sodium Chloride market segmentation includes rock salt, solar salt, and others. The rock salt Sodium Chloride segment dominated the market. This is driven by its widespread use in various industries, its availability, and lower cost compared to other types of sodium chloride. Rock salt sodium chloride is primarily sourced from underground salt mines and is often used for de-icing purposes, as well as in the chemical and food industries. It is preferred for de-icing because of its large crystal size, which helps it to stick to the road surface and provide traction to vehicles.

Sodium Chloride Manufacturing Process Insights

Based on the manufacturing process, the  Sodium Chloride market segmentation includes artificial evaporation and solar evaporation. The solar evaporation Sodium Chloride segment dominated the market. Solar evaporation is a natural process that involves the use of sunlight and wind to evaporate seawater or brine, leaving behind crystallized sodium chloride. This process is primarily used for the production of salt for human consumption, and it is preferred for its purity and natural sourcing.

Figure 1: Sodium Chloride Market by Process, 2022 & 2032 (USD billion)                            

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Sodium Chloride Grade Insights

Based on the grade, the  Sodium Chloride market segmentation includes food grade, pharmaceutical grade, and technical grade. The food grade Sodium Chloride segment dominated the market. Food grade sodium chloride is used primarily in the food industry as a seasoning and preservative, as well as for baking and meat curing. It is produced to meet the standards set by regulatory bodies such as the Food Chemicals Codex (FCC) and the European Union food additive regulations.

Sodium Chloride Application Insights

Based on the application, the  Sodium Chloride market segmentation includes Chemical Intermediates, De-Icing, Water Conditioning, Flavoring Agents and Food Preservatives, Agriculture, Animal Feed Additive, Drilling Fluids, and Pharmaceutical Ingredient. The Chemical Intermediates segment dominated the market.  This is driven by the increasing demand for de-icing salt in countries with harsh winters. Sodium chloride, when applied to icy surfaces, lowers the freezing point of water, causing ice and snow to melt. It is an effective and cost-efficient de-icing agent, making it the preferred choice for many municipalities and transportation departments. In recent years, the de-icing segment has seen significant growth, driven by the increasing frequency of winter storms and the need for safe and efficient transportation during these weather events. This trend is expected to continue, particularly in regions such as North America, Europe, and Asia, where severe winter weather is common.

Sodium Chloride Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia-Pacific Sodium Chloride market will dominate, this is due to the increasing demand from various end-use industries such as food and beverage, pharmaceuticals, and chemical manufacturing.. Moreover, China’s Sodium Chloride market held the largest market share, and the Indian Sodium Chloride market was the fastest-growing market in the Asia-Pacific region. The country's growing population and rapid industrialization have led to a rise in demand for sodium chloride in several applications, such as food processing, chemical manufacturing, and de-icing. In addition, the availability of low-cost labor and raw materials in China has enabled local manufacturers to produce and sell sodium chloride at competitive prices, making it an attractive market for  players as well.

Further, the major countries studied in the market report are The U.S., Canada, German, the UK, France, Spain, Italy, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: SODIUM CHLORIDE MARKET SHARE BY REGION 2022 (%)   

                         

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe's Sodium Chloride market accounts for the second-largest market share driven by various applications, such as de-icing, food preservation, water treatment, and chemical processing. Further, the German Sodium Chloride market held the largest market share, and the UK Sodium Chloride market was the fastest-growing market in the European region.

The North America Sodium Chloride Market is anticipated to develop at the fastest CAGR from 2023 to 2032, owing to the various factors, including the region's large chemical, food and beverage, and water treatment industries. In North America, regions with cold climates such as the northern United States and Canada. Additionally, the food and beverage industry is also a significant consumer of sodium chloride in the region, with the salt being used as a flavoring agent and preservative in various food products.

Sodium Chloride Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the Sodium Chloride market, grow even more. Market participants are also undertaking several strategic activities to increase their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Sodium Chloride industry must offer innovative products to expand and survive in a more competitive and rising market climate.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the  Sodium Chloride industry to benefit clients and increase the market sector. In recent years, the Sodium Chloride industry has offered some of the most significant advantages to the market. Major players in the Sodium Chloride market, Cargill incorporated, Dow, K+S AKTIENGESELLSCHAFT, The Henrique lage salineira do Nordeste, ICL fertilizers, Dominion salt, Tata chemicals limited, Maldon crystal salt corporation, Akzo novel N.V, Compass minerals, Jinleichem, Rio Tinto limited, Morton salt Inc, and others, are attempting to increase.

Cargill, Incorporated is an American multinational corporation that deals in agricultural commodities, food, and nutrition. It is one of the largest privately held companies in the United States. Its salt business is one of the largest in the world, producing a wide range of salt products, including sodium chloride, for various industries such as food, pharmaceuticals, water treatment, and chemical processing. For instance, in March 2021, Cargill has announced plans to invest $475 million in its North American agricultural and food production facilities to meet the growing demand for its products. The investment includes expanding Cargill's North American salt production capacity, including the construction of a new salt plant in Louisiana that will produce high-purity sodium chloride for use in the food and pharmaceutical industries.

K+S Aktiengesellschaft is a German company that produces a wide range of products, including fertilizers, salt, and other chemical products. The company is one of the world's leading producers of salt and is a major player in the  sodium chloride market. For instance, in July 2019, K+S Aktiengesellschaft has announced that it is investing €360 million ($421 million) to expand its production capacity for potassium and magnesium-based fertilizers and for the production of high-quality sodium chloride.

Key Companies in the Sodium Chloride market include

• Cargill incorporated


• Dow


• K+S AKTIENGESELLSCHAFT


• The Henrique lage salineira do Nordeste


• ICL fertilizers


• Dominion salt


• Tata chemicals limited


• Maldon crystal salt corporation


• Akzo novel N.V


• Compass minerals


• Jinleichem


• Rio Tinto limited


• Morton salt Inc

Sodium Chloride Industry Developments

In March 2022, Morton Salt, a leading producer of salt products, announced a new partnership with the Environmental Defense Fund to reduce the environmental impact of its salt mining operations. The partnership will focus on improving water quality and reducing carbon emissions.

In February 2022, AkzoNobel, a leading chemicals company, launched a new line of high-purity sodium chloride products for use in the pharmaceutical and food industries. The new products are designed to meet the growing demand for high-quality sodium chloride and are produced using state-of-the-art technology.

In July 2023: Morton Salt, a major salt producer, announced that it is investing USD 100 million to expand its salt production capacity in the United States. The expansion is expected to be completed in 2024 and will increase Morton Salt's production capacity by 10%.

In August 2023, Cargill, Inc. announced that it would be divesting a part of its salt deicing operations in the USA to channel funds into enhancing sodium chloride production.

Sodium Chloride Market Segmentation

Sodium Chloride Type Outlook

• Rock Salt


• Solar Salt


• Others

Sodium Chloride Manufacturing Process Outlook

• Artificial Evaporation


• Solar Evaporation

Sodium Chloride Grade Outlook

• Food Grade


• Pharmaceutical Grade


• Technical Grade

Sodium Chloride Application Outlook

• Chemical Production


• Deicing


• Water Conditioning


• Agriculture


• Food Processing


• Pharmaceutical


• Others

Sodium Chloride Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America
  
  
  
  

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