North America Sodium chloride Market (2023-2029) | Analysis, Revenue, Forecast, Trends, COVID-19 IMPACT, Companies, Size, Growth, Share, Industry, Outlook & Value

North America Sodium Chloride Market Highlights

Report Name	North America Sodium Chloride Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth Rate (CAGR)	6%
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Countries, By Source, By End-Use
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

Topics Covered in North America Sodium Chloride Market Report

North America Sodium Chloride Market thoroughly covers the market by country, source and End Use. The outlook report provides an unbiased and detailed analysis of the ongoing Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

North America Sodium Chloride Market Synopsis

The North American sodium chloride Market is anticipated to grow in the forecast period mainly due to the expanding food processing and chemical industries, where salt is used as a major ingredient and in manufacturing processes.

According to 6Wresearch, the North America Sodium Chloride Market size is expected to reach 10.26 billion at a CAGR of 6% during 2023-2029. The Market is driven by several key factors. The extensive use of sodium chloride in the food industry as a seasoning and preservative remains a major driver and the demand for processed and packaged foods gas fuelled the growth of the market. The chemical industry relies on salt for various manufacturing processes, including the production of chlorine, sodium hydroxide, and other essential chemicals. The de-icing and snow removal industry heavily depends on salt during winter months, especially in colder regions of North America. Salt is used in water treatment to soften and purify water, sustaining demand from the municipal and industrial sectors. There are certain challenges in the North America Sodium Chloride Industry. The fluctuating demand from key industries like chemicals, food, and de-icing due to economic uncertainties and changing consumption patterns is a major concern for the market. The competition from substitute products like potassium chloride and magnesium chloride, which have lower environmental impact is a major challenge for the market.

COVID-19 Impact on the North America Sodium Chloride Market

The COVID-19 pandemic had notable impacts on the Sodium Chloride Market In North America. During the early stages of the pandemic, there was a surge in demand for salt, primarily for food preservation and disinfection purposes, which led to short-term supply shortages and price fluctuations. The de-icing salt segment also faced challenges as travel restrictions and reduced road traffic lowered demand for road salt. Additionally, concerns about the environmental impact of excessive salt use for de-icing purposes gained attention and it called for alternatives which are less environmentally damaging. The overall impact of the pandemic on the sodium chloride market was mixed.

North America Sodium Chloride Market: Key Players

These are the major players who have accelerated the growth trajectory of the North America sodium chloride market in 2023 and have a prominent share of the market.

• Morton Salt, Inc.
• Cargill, Incorporated
• Compass Minerals International, Inc.
• K+S Group
• The North American Salt Company
• Dominion Salt Limited
• United Salt Corporation
• Redmond, Inc. (Real Salt)
• Diamond Crystal Salt Company
• Kissner Group Holdings LP

North America sodium chloride market forecast

Sodium chloride, commonly recognized as salt, is a chemical compound of vital importance for the well-being of both humans and animals, in addition to its wide-ranging applications in industrial and commercial sectors. The sodium chloride market encompasses the worldwide sphere involving the manufacturing, distribution, and sale of salt. Several factors fuel the demand for sodium chloride, including its role as a seasoning and preservative in food and beverage items, as well as its utility in the production of chemicals, textiles, and diverse materials. Sodium chloride finds wide use in the treatment of water, de-icing processes, and various other industrial applications. Forecasts indicate that the sodium chloride market is poised for growth in the upcoming years, primarily attributed to increasing demand from diverse industries and geographic regions.

Market By Countries

Based on countries, the market is segmented into the United States and Canada. The United States is the largest market for sodium chloride and it has remarkably contributed towards North American sodium Chloride Market Growth as it has huge demand for Salt by industries such as chemical industry, food processing, and road de-icing.

Market By Source

According to Dhaval, Research Manager, 6Wresearch, based on source, the market is segmented into Sea Water, Rock Salt and Others. Sea water is the main source of the production of salt due to the presence of the coastal areas.

Market By End-Use

Based on End-use, the chemical industry will lead to an increase in  North America Sodium Chloride Market Share on the account of use of  Sodium chloride in various chemical processes, including the production of chlorine, and sodium. The chemical industry is a major consumer of sodium chloride.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• North America Sodium chloride Market Outlook
• Market Size of North America Sodium chloride Market, 2022
• Forecast of North America Sodium chloride Market, 2029
• Historical Data and Forecast of North America Sodium chloride Revenues & Volume for the Period 2019 - 2029
• North America Sodium chloride Market Trend Evolution
• North America Sodium chloride Market Drivers and Challenges
• North America Sodium chloride Price Trends
• North America Sodium chloride Porter's Five Forces
• North America Sodium chloride Industry Life Cycle
• Historical Data and Forecast of North America Sodium chloride Market Revenues & Volume By Source for the Period 2019 - 2029
• Historical Data and Forecast of North America Sodium chloride Market Revenues & Volume By Sea Water for the Period 2019 - 2029
• Historical Data and Forecast of North America Sodium chloride Market Revenues & Volume By Rock Salt for the Period 2019 - 2029
• Historical Data and Forecast of North America Sodium chloride Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of United States Sodium chloride Market Revenues & Volume By Source for the Period 2019 - 2029
• Historical Data and Forecast of United States Sodium chloride Market Revenues & Volume By Sea Water for the Period 2019 - 2029
• Historical Data and Forecast of the United States Sodium chloride Market Revenues & Volume By Rock Salt for the Period 2019 - 2029
• Historical Data and Forecast of United States Sodium chloride Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Canada Sodium chloride Market Revenues & Volume By Source for the Period 2019 - 2029
• Historical Data and Forecast of Canada Sodium chloride Market Revenues & Volume By Sea Water for the Period 2019 - 2029
• Historical Data and Forecast of Canada Sodium chloride Market Revenues & Volume By Rock Salt for the Period 2019 - 2029
• Historical Data and Forecast of Canada Sodium chloride Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of North America Sodium chloride Market Revenues & Volume By End-use for the Period 2019 - 2029
• Historical Data and Forecast of North America Sodium chloride Market Revenues & Volume By Chemical Industry for the Period 2019 - 2029
• Historical Data and Forecast of North America Sodium chloride Market Revenues & Volume By Food Grade Salt for the Period 2019 - 2029
• Historical Data and Forecast of North America Sodium chloride Market Revenues & Volume By Road De-icing for the Period 2019 - 2029
• Historical Data and Forecast of North America Sodium chloride Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of United States Sodium chloride Market Revenues & Volume By End-use for the Period 2019 - 2029
• Historical Data and Forecast of the United States Sodium chloride Market Revenues & Volume By Chemical Industry for the Period 2019 - 2029
• Historical Data and Forecast of the United States Sodium chloride Market Revenues & Volume By Food Grade Salt for the Period 2019 - 2029
• Historical Data and Forecast of the United States Sodium chloride Market Revenues & Volume By Road De-icing for the Period 2019 - 2029
• Historical Data and Forecast of United States Sodium chloride Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Canada Sodium chloride Market Revenues & Volume By End-use for the Period 2019 - 2029
• Historical Data and Forecast of Canada Sodium chloride Market Revenues & Volume By Chemical Industry for the Period 2019 - 2029
• Historical Data and Forecast of Canada Sodium chloride Market Revenues & Volume By Food Grade Salt for the Period 2019 - 2029
• Historical Data and Forecast of Canada Sodium chloride Market Revenues & Volume By Road De-icing for the Period 2019 - 2029
• Historical Data and Forecast of Canada Sodium chloride Market Revenues & Volume By Others for the Period 2019 - 2029
• North America Sodium chloride Market - Key Performance Indicators
• North America Sodium chloride Market - Import Export Trade Statistics
• North America Sodium chloride Market - Opportunity Assessment By Countries
• North America Sodium chloride Market - Opportunity Assessment By Source
• North America Sodium chloride Market - Opportunity Assessment By End-use
• North America Sodium chloride Market - Top Companies Market Share
• North America Sodium chloride Market - Top Companies Profiles
• North America Sodium chloride Market - Comparison of Players in Technical and Operating Parameters
• North America Sodium chloride Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

Market By Countries

• United States
• Canada

By Source 

• Sea Water
• Rock Salt
• Others

By End-Use

• Chemical Industry
• Food Grade Salt
• Road De-Icing,
• Other

North America Sodium chloride Market: FAQs