Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Industrial Salt Market size was valued at USD 15.91 billion in 2024 and is likely to cross USD 23.96 billion by 2037, expanding at more than 3.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of industrial salt is assessed at USD 16.34 billion.
The growth of the market can be attributed to the robust growth of the application areas of industrial salt such as water treatment, chemicals, food processing and textiles. Rising international trade, increasing production capacities of salt manufacturing units and abundance of rock salt deposits are another factors expected to drive growth to the market over the forecast period. Furthermore, industrial salt is easily available owing to its high consumption and absence of other economic substitutes, which is projected to provide opportunities to market growth in the coming years.