According to a new report by Expert Market Research, the global sodium chloride market reached a volume of 314 Million Tons in 2018 and is further expected to reach 335 Million Tons by 2024. In the year 2012, there was a decline in the production of sodium chloride, the market, however, recovered rapidly in the succeeding year on account of numerous forces. As there is no substitute of salt in the food industry, there has been an increase in its demand across the world. In addition, sodium chloride is highly demanded for de-icing of roads and pavements in the regions which are prone to heavy snowfalls. Some of the other factors that are facilitating the market growth include increasing population and a strong demand from its end-use industries.
Key findings from the report:
Click here for summary of the report: https://www.expertmarketresearch.com/reports/sodium-chloride-market
Expert Market Research has analysed the global sodium chloride market according to end-use, major regions and top players:
Market breakup by End-use
Market breakup by Region
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"Global Sodium Chloride Market: By End-Use Industries: Chemicals, Food Grade Salt, Road De-icing; By Region: North America, Europe, Asia Pacific, Latin America, Middle East and Africa; Historical Supply and Demand (2014-2018); Supply and Demand Forecast (2019-2024); Regional Price Trends; Market Drivers, Opportunities and Threats; Competitive Landscape; Trade Analysis; Cost Analysis"
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