Sodium Chloride is well-known as salt. It is available in crystal forms that will be used in large amount across the map. It will be used in industrial and consumer applications. It occurs from sea water by the process of evaporation. It is used in many applications such as in chemical intermediates, water treatment, animal feed additive, the de-icing, food preservatives, and flavouring. It is also used in the manufacture of chlor alkali products such as soda ash, chlorine, and caustic soda. It is manufactured by different ends user products such as soap, dyes, glass, and PVC. It is also used as flavoring agent and food preservative agent.
The sodium chloride presents properties like taste enhancer, distinct flavor, pleasant aroma, and color.
Prospects of Sodium Chloride Market in the International Market
The Sodium Chloride market is supposed to exceed more than US$ 19 Billion by 2024, growing at a CAGR of more than 3.5% in the given forecast period. It has made new market opportunities and targeted promotional plans. Analysis of global market trends with data from 2013, estimates for 2014 and 2015 and projected of the compound through 2024.
Segmentation in the Sodium Chloride –markets
The sodium chloride market is divided into the lines of its grand, application analysis as well as regional. It will be based on grand analysis the market covers solar salt, rock salt and others such as vacuum salt and much more. Under the application segmentation, it includes the chemical intermediate, animal feed additive, the de-icing, food preservatives, and flavouring. It is also used in pharmaceuticals and more. The global sodium chloride markets on geographic conditions are North America, Asia Pacific, Europe, Middle East, Africa and Latin America. Each market is further segmented on the revenue basis includes such countries like Canada, U.S., U.K., Germany, China, Japan, Brazil, India, and GCC countries
Sodium Chloride report offers a study of Global and Regional Markets
The report is a view of the global market for global sodium chloride and related technologies. The report showed driving and restraining factors. The driving factors include increasing demand for packed food, rising chlor alkali market in APAC where as the restraining factors in this are low- profit margin and fluctuations in snowfall impact must for sodium chloride in deicing application. It will assess the competitor’s refining portfolio and its evolution. It has the power to find growth segments as well.
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Key Players in the Sodium Chloride Market
The key players profiled in the report consists some companies such as Cargill Incorporated, Tata Chemicals Ltd. , Akzo Nobel N.V., K+S AKTIENGESELLSCHAFT, Dampier Salts, Compass Minerals International, Inc., Compass Minerals International, Inc., Wacker Chemie AG, Südwestdeutsche Salzwerke AG, China National Salt Industry corporation, INEOS Salts, Swiss saltworks AG, and Cheetham Salt. In the company profile, there is the summary section, the company, and the financial summary, and planning, the business strategy, the SWOT analysis.
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