Salt demand on increase
Today’s high demand for salt from the synthetic soda ash production, food processing, de-icing industries is defining for the salt industry growth.
Total world demand for salt is projected to rise up to 290 m tones in the coming 5 years with China as the most promising regional consumer.
China takes up around 30% of the global salt demand putting it ahead of Europe and North America.
As the demand is forecast to increase by more than 3.3% through 2016, the production of salt is expected to fall behind causing market tightness for some time.
The new projects and capacity additions are so far not sufficient to keep up with the awaited consumption volumes.
Detailed analytical review of the salt industry is the highlight of the new market study “Salt Market Review”.
The study features an in-depth market review and thorough forecast of the salt market on the global, regional and country levels.
The information reviewed in the study shows market development in the past and at present and its forecast future.
The study covers insightful market data which show salt production and consumption, trade statistics, prices dynamics during the analysed periods.
Salt market participants are profiled and competitive landscape is discussed.
Market forecasts through 2016 indicate future trends and opportunities, expected market volumes and prices.