The global industrial sodium chloride market size accounted for USD 15,792 million in 2024 and is expected to exceed around USD 24,060 million by 2034, growing at a CAGR of 4.3% from 2024 to 2034.
The industrial sodium chloride market revolves around the wide applications of sodium chloride for several industrial purposes like research and development, performing laboratory experiments, and conducting research projects. Industries like pharmaceuticals, biotechnology, agriculture, chemical, food processing, etc. have routinely adopted the use of sodium chloride. The industrial sodium chloride is extensively used as a raw material in caustic soda, soda ash, and chlorine and is a key ingredient in producing paper, pulp, rubber, and chlorine gas. With the extensive use of sodium hydroxide and chlorine gas in the production of textiles, agrochemicals, plastics, and other chemicals, the need for sodium chloride increases as a key source of these chemical products.
North America holds the leading position in the industrial sodium chloride market due to its high utilization as a de-icing agent in this region. Europe is expected to lead as the fastest-growing region in this market over the forecast period due to the high demand for pharmaceutical-grade sodium chloride across Europe. Seawater, brine, and rock mines are potential production sources of this component expanding its accessibility. China National Salt Industry Corporation, the Dow Chemical Company, etc. contribute to the leading success of the industrial sodium chloride market. The applications of several new techniques in industrial processes like the sun evaporation production technique for which huge industrial investments are not required increase the global demand for industrial sodium chloride.
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| Stats ID: | 7211 |
| Format: | Databook |
| Published: | December 2024 |
| Price | US$ 1550 |
Immediate Delivery
| Stats ID: | 7211 |
| Format: | Databook |
| Published: | December 2024 |
| Price | US$ 1550 |
Immediate Delivery
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