Product Code: ETC4489525 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India industrial salt market import shipments demonstrated robust growth from 2020 to 2024, with a notable CAGR of 21.1%. The market further accelerated between 2023 and 2024, showing a growth rate of 42.3%. Overall, the market expanded significantly, indicating strong momentum and a positive upward trend.
The India industrial salt market plays a vital role in various industrial sectors. Industrial salt is used extensively in chemical, pharmaceutical, textile, and food industries, among others. Its significance lies in its role as a raw material in the production of a wide range of chemical products, including chlorine, caustic soda, and soda ash. The market has seen steady growth over the years, driven by India expanding industrial base and increasing demand for chemical products. Additionally, it`s a key ingredient in the production of edible salt, further boosting its demand in the food industry.
The India industrial salt market is predominantly driven by the country`s chemical, food processing, and water treatment industries. Industrial salt serves as a raw material and additive in multiple applications, such as chemical synthesis, food preservation, and water softening. The steady growth of these sectors, along with increasing urbanization and water treatment requirements, sustains the demand for industrial salt in India.
The India Industrial Salt market grapples with challenges such as market fluctuations due to the varying demand from industries like chemicals, textiles, and food processing. Market players must adapt to changing industrial needs and maintain consistent product quality. Additionally, the industry faces environmental concerns related to salt mining and its impact on land and water resources.
The India industrial salt market had a relatively stable demand during the pandemic, as salt is used in various industrial processes. However, the market faced challenges related to logistics and supply chain disruptions.
Key players in India industrial salt market comprise Tata Chemicals, Gujarat Heavy Chemicals Ltd. (GHCL), and Nirma Limited. These companies are known for their salt production used across various industries, including chemical, pharmaceutical, and food processing sectors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Industrial Salt Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Salt Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial Salt Market - Industry Life Cycle |
3.4 India Industrial Salt Market - Porter's Five Forces |
3.5 India Industrial Salt Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 India Industrial Salt Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.7 India Industrial Salt Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Industrial Salt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from industries such as chemical, textile, and food processing |
4.2.2 Growth in infrastructure development and construction activities |
4.2.3 Favorable government policies promoting industrial growth and salt production in India |
4.3 Market Restraints |
4.3.1 Environmental concerns related to salt production and disposal |
4.3.2 Competition from substitute products like sea salt or imported industrial salt |
4.3.3 Fluctuations in raw material prices impacting production costs |
5 India Industrial Salt Market Trends |
6 India Industrial Salt Market, By Types |
6.1 India Industrial Salt Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Salt Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 India Industrial Salt Market Revenues & Volume, By Rock Salt, 2021-2031F |
6.1.4 India Industrial Salt Market Revenues & Volume, By Natural Brine, 2021-2031F |
6.2 India Industrial Salt Market, By Manufacturing Process |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Salt Market Revenues & Volume, By Conventional Mining, 2021-2031F |
6.2.3 India Industrial Salt Market Revenues & Volume, By Vacuum Evaporation, 2021-2031F |
6.2.4 India Industrial Salt Market Revenues & Volume, By Solar Evaporation, 2021-2031F |
6.3 India Industrial Salt Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Salt Market Revenues & Volume, By Chemical Processing, 2021-2031F |
6.3.3 India Industrial Salt Market Revenues & Volume, By De-Icing, 2021-2031F |
6.3.4 India Industrial Salt Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.3.5 India Industrial Salt Market Revenues & Volume, By Oil & Gas, 2021-2031F |
7 India Industrial Salt Market Import-Export Trade Statistics |
7.1 India Industrial Salt Market Export to Major Countries |
7.2 India Industrial Salt Market Imports from Major Countries |
8 India Industrial Salt Market Key Performance Indicators |
8.1 Average selling price of industrial salt in India |
8.2 Production capacity utilization rate of industrial salt manufacturers |
8.3 Export volume of industrial salt from India |
8.4 Adoption rate of industrial salt in new applications or industries |
8.5 Percentage of industrial salt produced using sustainable practices |
9 India Industrial Salt Market - Opportunity Assessment |
9.1 India Industrial Salt Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 India Industrial Salt Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.3 India Industrial Salt Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Industrial Salt Market - Competitive Landscape |
10.1 India Industrial Salt Market Revenue Share, By Companies, 2024 |
10.2 India Industrial Salt Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |