Pure Sodium Chloride Industry Analysis: the global market size is projected to reach USD 1.04 billion by 2030

According to the new market research report “Pure Sodium Chloride - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Pure Sodium Chloride market size is projected to reach USD 1.04 billion by 2030, at a CAGR of 6.6% during the forecast period.

• Global Pure Sodium Chloride MarketSize(US$ Million), 2019-2030

Source: QYResearch, "Pure Sodium Chloride - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

 

• Global Pure Sodium Chloride TopPlayers Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)

Source: QYResearch, "Pure Sodium Chloride - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

Market Drivers:

The market drivers for pure sodium chloride are the growing demand from the end-use sectors, such as chemical, food and beverage, healthcare, and agriculture. Sodium chloride is a major source of sodium and chlorine compounds, which are used as feedstocks for further chemical syntheses. Sodium chloride is also used as a preservative, flavor enhancer, and color enhancer in food processing. Sodium chloride is also used in pharmaceuticals to treat or prevent sodium loss, dehydration, and infections. Sodium chloride is also used in agriculture to improve soil fertility and crop yield.

Restraint:

The constraints of pure sodium chloride are the environmental impacts of salt production and disposal, the health risks of excessive salt consumption, and the emergence of alternative chemicals with improved properties. Salt production and disposal can cause salinity, temperature, and biodiversity changes in both marine and freshwater ecosystems. Excessive salt consumption can cause hypertension, cardiovascular diseases, kidney stones, and osteoporosis. Alternative chemicals, such as organic salts, sugar alcohols, and natural preservatives, can be used as substitutes for sodium chloride in some applications.

Opportunity:

The future opportunities for pure sodium chloride are the increasing usage of sodium-based batteries and the increasing production of chlor-alkali products. Sodium-based batteries are a promising technology for energy storage and electric vehicles, as they offer high energy density, low cost, and environmental friendliness. Chlor-alkali products, such as chlorine, soda ash, and caustic soda, are widely used in various industries, such as plastics, detergents, glass, dyes, and soaps. The demand for these products is expected to grow in the coming years, especially in the emerging markets.

 

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