Industrial Salt Market was valued at USD 15.8 billion in 2020 and is expected to grow at a CAGR of 3% between 2021 and 2027. The demand for growing products in major applications including enterprise highway deicing, oil & gas, industrial water treatment, agriculture and chemical treatment mainly for the production of chlorine, corrosive soda, soda circuit and the expected drive growth in the forecast period. The industry is expected to witness significant growth due to a wide range of direct use such as de-icing and agricultural purposes and indirect use in the chemical treatment industry including derived chlorine and caustic soda. The chlor-alkali sector of the chemical industry is the main consumer of products because of the impossibility of economic substitution for products.
The market is expected to witness steady growth in terms of consumption. The chemical sector is one important end user, it is mainly used in the production of chlor alkali(chlorine and caustic soda)and synthetic soda ash. Chlor alkali production has the largest market share, accounting for about 36% of global consumption in 2018. About 52% of global consumption was witnessed in East Asia, followed by North America(18%)and Western Europe(14%). The growing demand for products such as caustic soda and soda ash is driving the growth of chlor alkalis.
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Top Major Key Players Industries
Cargill, Incorporated
K+S Aktiengesellschaft
Tata Chemicals Ltd.
INEOS
Nouryon
By Application
Chemical Processing
Water Treatment
De-icing
Agriculture
Food Processing
Oil and Gas
Others
By Product
Rock salt
Salt in brine
Solar salt
Vacuum pan salt
By Process
Solar Evaporation
Vacuum Evaporation
Conventional Mining
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Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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