Product Code: ETC101983 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Sodium Chloride market currently, in 2023, has witnessed an HHI of 1884, Which has decreased slightly as compared to the HHI of 3629 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Sodium chloride is also known as common salt and is one of the most widely used inorganic chemicals. It has a wide range of applications including food processing, industrial uses and pharmaceuticals. The market for sodium chloride in India is expected to grow at a CAGR of 4.1% over the forecast period.
The major drivers for the growth are increasing demand for processed foods, rising population and disposable income levels, and growing awareness about health benefits associated with consumption of iodized salt. Moreover, favorable government policies such as subsidies on imports have further increased its affordability among consumers across different socio-economic strata???s thus driving up demand from food processing industry especially restaurants & canteens where it accounts for a significant portion of overall ingredient cost.
The key challenges faced by this industry include high production cost due to rising input costs coupled with low margins resulting from intense competition amongst multiple players operating in fragmented nature. Additionally, lack of proper regulatory framework around pricing & distribution channels has created an environment which gives undue advantage to certain large players leading to uncompetitive practices like predatory pricing which is negatively impacting smaller operators who do not have enough bargaining power or financial muscle to sustain their business operations long term
Major companies operating in IndiaSodium Chloride Market include Tata Chemicals Ltd., Gujarat Alkalies And Chemicals Limited , Prima Salt Pvt Ltd , Sainath Industries Pvt Ltd., Shreeji Salts , Hi - Tech Agrochem Private Limited among others
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 Sodium chloride Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sodium chloride Market Revenues & Volume, 2021 & 2031F |
3.3 India Sodium chloride Market - Industry Life Cycle |
3.4 India Sodium chloride Market - Porter's Five Forces |
3.5 India Sodium chloride Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 India Sodium chloride Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 India Sodium chloride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sodium chloride Market Trends |
6 India Sodium chloride Market, By Types |
6.1 India Sodium chloride Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Sodium chloride Market Revenues & Volume, By Source, 2018 - 2031F |
6.1.3 India Sodium chloride Market Revenues & Volume, By Sea Water, 2018 - 2031F |
6.1.4 India Sodium chloride Market Revenues & Volume, By Rock Salt, 2018 - 2031F |
6.1.5 India Sodium chloride Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 India Sodium chloride Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 India Sodium chloride Market Revenues & Volume, By Chemical Industry, 2018 - 2031F |
6.2.3 India Sodium chloride Market Revenues & Volume, By Food Grade Salt, 2018 - 2031F |
6.2.4 India Sodium chloride Market Revenues & Volume, By Road De-icing, 2018 - 2031F |
6.2.5 India Sodium chloride Market Revenues & Volume, By Others, 2018 - 2031F |
7 India Sodium chloride Market Import-Export Trade Statistics |
7.1 India Sodium chloride Market Export to Major Countries |
7.2 India Sodium chloride Market Imports from Major Countries |
8 India Sodium chloride Market Key Performance Indicators |
9 India Sodium chloride Market - Opportunity Assessment |
9.1 India Sodium chloride Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 India Sodium chloride Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 India Sodium chloride Market - Competitive Landscape |
10.1 India Sodium chloride Market Revenue Share, By Companies, 2024 |
10.2 India Sodium chloride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |