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According to the latest research, the global Bulk Salt market size was valued at USD 4559.51 million in 2022 and is expected to expand at a CAGR of 0.9% during the forecast period, reaching USD 4809.95 million by 2028.
In this report, there are three types of bulk salt, rock salt, solar salt and evaporated salt, which are widely used in chemical, deicing, general Industrial, agriculture and water treatment fields.
The increasing demand in downstream deicing field
Although regular snow removal reduces the potential slippery condition, sometimes ice will accumulate and cause danger. Deicing salt is applied to the frozen surface, which can reduce the melting point of water to 20 degrees Fahrenheit to-30 degrees Fahrenheit, depending on the formula. This prevents the formation of ice. According to Minnesota Pollution Control Agency, sodium chloride is the most commonly used product for deicing roads, sidewalks, parking lots and driveways. Other deicing chemicals include magnesium chloride, calcium chloride, calcium magnesium acetate and urea. Bulk salt is an economical deicing product, which is used to remove ice and snow from sidewalks, driveways, roads and parking lots. Bulk salt is widely used by consumers, commercial deicing companies and government agencies. The increasing demand in downstream deicing field will promote the development of Bulk Salt industry.
Market Challenges & Risks
Bulk Salt industry has many barriers. New salt-making projects often need to invest in large-scale salt-making production equipment at the initial stage of construction, which constitutes a high capital barrier for potential investors. Among them, beach-drying technology is mostly used in salt making from seawater, which takes up a lot of land resources in the production process. If enterprises can't have enough related resources, it will affect their own output, thus reducing their profitability. Rock salt production enterprises need to own rock salt mines with abundant salt reserves to ensure the supply of raw materials.
At the same time, coal, electricity and raw materials, the energy needed for salt making, account for a relatively large proportion in the cost structure of salt products, so their price fluctuations have a greater impact on the cost of salt making.
The waste water, waste gas and waste residue produced in the production and sales of bulk salt may cause certain pollution to the environment. Some companies have established a complete set of environmental protection-related systems, which have been effectively implemented, and introduced a series of advanced environmental protection equipment. After technical treatment, the emissions meet the national and local environmental emission standards. However, with the continuous strengthening of environmental protection efforts of governments in various countries, stricter environmental protection standards and higher environmental protection requirements may be introduced in the future, thus increasing the investment of companies in environmental protection.
Region Overview:
In global comparison, a significant portion of the revenue was generated in Americas (38.16% in 2022).
Company Overview:
Compass Minerals is one of the major players operating in the Bulk Salt market, holding a share of 11.87% in 2023.
Compass Minerals
Compass Minerals International, Inc is a public company that, through its subsidiaries, is a leading producer of minerals, including salt, magnesium chloride, sulfate of potash and other plant nutrition products. Based in Overland Park, Kansas, (a suburb of Kansas City), the company provides bulk treated and untreated highway deicing salt to customers in North America and the United Kingdom and plant nutrition products to growers worldwide.
K+S AG
K+S AG is a German chemical company headquartered in Kassel. The company is Europe’s largest supplier of potash for use in fertilizer and, after the acquisition of Morton Salt, the world's largest salt producer. The firm also produces and distributes other mineral fertilizers, such as those from magnesium and sulphur.
Segmentation Overview:
By type, Rock Salt segment accounted for the largest share of market in 2022.
Rock Salt
Rock salt is mined from underground salt mines.
Solar Salt
Solar salt is made by evaporation of naturally occurring salt water from a sea, lake, etc.
Evaporated Salt
Unlike rock or solar salt, evaporated salt contributes fewer impurities.
Application Overview:
The market's largest segment by application is the segment Chemical, with a market share of 48.75% in 2022.
This report elaborates on the market size, market characteristics, and market growth of the Bulk Salt industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Bulk Salt. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Bulk Salt Market Report Include:
Market Size Estimates: Bulk Salt market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Bulk Salt market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Bulk Salt market
Segment Market Analysis: Bulk Salt market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Bulk Salt market situations and prospects in major and top regions and countries
Bulk Salt Market
Bulk Salt Industry Chain: Bulk Salt market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Bulk Salt Industry News, Policies by regions
Bulk Salt Industry Porters Five Forces Analysis
Key players in the global Bulk Salt market are covered in Chapter 2:
Nobian
Südwestdeutsche Salzwerke AG
Salins Group
American Rock Salt
Cargill
Compass Minerals
Rio Tinto Group
Kissner Group Holdings
Ankur Chemfood
K+S AG
In Chapter 6 and Chapter 9, on the basis of types, the Bulk Salt market from 2018 to 2028 is primarily split into:
Rock Salt
Solar Salt
Evaporated Salt
In Chapter 7 and Chapter 10, on the basis of applications, the Bulk Salt market from 2018 to 2028 covers:
Chemical
De-Icing
General Industrial
Agricultural
Water Treatment
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Bulk Salt market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Bulk Salt industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Bulk Salt market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Bulk Salt industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Bulk Salt market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Bulk Salt market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Bulk Salt market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
In this report, there are three types of bulk salt, rock salt, solar salt and evaporated salt, which are widely used in chemical, deicing, general Industrial, agriculture and water treatment fields.
The increasing demand in downstream deicing field
Although regular snow removal reduces the potential slippery condition, sometimes ice will accumulate and cause danger. Deicing salt is applied to the frozen surface, which can reduce the melting point of water to 20 degrees Fahrenheit to-30 degrees Fahrenheit, depending on the formula. This prevents the formation of ice. According to Minnesota Pollution Control Agency, sodium chloride is the most commonly used product for deicing roads, sidewalks, parking lots and driveways. Other deicing chemicals include magnesium chloride, calcium chloride, calcium magnesium acetate and urea. Bulk salt is an economical deicing product, which is used to remove ice and snow from sidewalks, driveways, roads and parking lots. Bulk salt is widely used by consumers, commercial deicing companies and government agencies. The increasing demand in downstream deicing field will promote the development of Bulk Salt industry.
Market Challenges & Risks
Bulk Salt industry has many barriers. New salt-making projects often need to invest in large-scale salt-making production equipment at the initial stage of construction, which constitutes a high capital barrier for potential investors. Among them, beach-drying technology is mostly used in salt making from seawater, which takes up a lot of land resources in the production process. If enterprises can't have enough related resources, it will affect their own output, thus reducing their profitability. Rock salt production enterprises need to own rock salt mines with abundant salt reserves to ensure the supply of raw materials.
At the same time, coal, electricity and raw materials, the energy needed for salt making, account for a relatively large proportion in the cost structure of salt products, so their price fluctuations have a greater impact on the cost of salt making.
The waste water, waste gas and waste residue produced in the production and sales of bulk salt may cause certain pollution to the environment. Some companies have established a complete set of environmental protection-related systems, which have been effectively implemented, and introduced a series of advanced environmental protection equipment. After technical treatment, the emissions meet the national and local environmental emission standards. However, with the continuous strengthening of environmental protection efforts of governments in various countries, stricter environmental protection standards and higher environmental protection requirements may be introduced in the future, thus increasing the investment of companies in environmental protection.
Region Overview:
In global comparison, a significant portion of the revenue was generated in Americas (38.16% in 2022).
Company Overview:
Compass Minerals is one of the major players operating in the Bulk Salt market, holding a share of 11.87% in 2023.
Compass Minerals
Compass Minerals International, Inc is a public company that, through its subsidiaries, is a leading producer of minerals, including salt, magnesium chloride, sulfate of potash and other plant nutrition products. Based in Overland Park, Kansas, (a suburb of Kansas City), the company provides bulk treated and untreated highway deicing salt to customers in North America and the United Kingdom and plant nutrition products to growers worldwide.
K+S AG
K+S AG is a German chemical company headquartered in Kassel. The company is Europe’s largest supplier of potash for use in fertilizer and, after the acquisition of Morton Salt, the world's largest salt producer. The firm also produces and distributes other mineral fertilizers, such as those from magnesium and sulphur.
Segmentation Overview:
By type, Rock Salt segment accounted for the largest share of market in 2022.
Rock Salt
Rock salt is mined from underground salt mines.
Solar Salt
Solar salt is made by evaporation of naturally occurring salt water from a sea, lake, etc.
Evaporated Salt
Unlike rock or solar salt, evaporated salt contributes fewer impurities.
Application Overview:
The market's largest segment by application is the segment Chemical, with a market share of 48.75% in 2022.
This report elaborates on the market size, market characteristics, and market growth of the Bulk Salt industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Bulk Salt. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Bulk Salt Market Report Include:
Market Size Estimates: Bulk Salt market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Bulk Salt market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Bulk Salt market
Segment Market Analysis: Bulk Salt market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Bulk Salt market situations and prospects in major and top regions and countries
Bulk Salt Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Bulk Salt Industry Chain: Bulk Salt market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Bulk Salt Industry News, Policies by regions
Bulk Salt Industry Porters Five Forces Analysis
Key players in the global Bulk Salt market are covered in Chapter 2:
Nobian
Südwestdeutsche Salzwerke AG
Salins Group
American Rock Salt
Cargill
Compass Minerals
Rio Tinto Group
Kissner Group Holdings
Ankur Chemfood
K+S AG
In Chapter 6 and Chapter 9, on the basis of types, the Bulk Salt market from 2018 to 2028 is primarily split into:
Rock Salt
Solar Salt
Evaporated Salt
In Chapter 7 and Chapter 10, on the basis of applications, the Bulk Salt market from 2018 to 2028 covers:
Chemical
De-Icing
General Industrial
Agricultural
Water Treatment
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Bulk Salt market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Bulk Salt industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Bulk Salt market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Bulk Salt industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Bulk Salt market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Bulk Salt market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Bulk Salt market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
