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Sodium Chloride Industry Size, Share, Demand & Growth by 2033

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Sodium Chloride Industry Size, Share, Demand & Growth by 2033
The sodium chloride industry is valued at US$ 44.4 Billion in 2023 and is anticipated to
value at US$ 67.4 Billion by 2033. The Sales of sodium chloride are likely to grow at a
CAGR of 4.4% during the forecast period.
There is a growing demand for sodium chloride in the chemical sector to develop products
such as dyes, paper, plastic, rubber, and detergents to advance market growth. Feedstock
chemical is highly used in developing chemical products, which in turn boosts the market. An
increase in the adoption of sodium chloride by manufacturing companies is observed to make
polyester, cleaning tools, and machinery.
Moreover, the growing adoption of sodium chloride by the food and beverage industry
increases the shelf life of food and enhances its quality. The demand for sodium chloride to
preserve foods such as meat and cheese is also likely to increase market opportunities during
the forecast period.
The manufacturers are growing in the pharmaceutical industry to treat dehydration and
excessive sweating and with increasing adoption of sodium chloride. In addition, there is a
growing demand for sodium chloride from the healthcare sector to maintain blood pressure
and relax patients’ muscles.
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End-use Industries Propel the Sodium Chloride Market Growth
An increase in the demand for alkaline products such as chlorine, soda ash and caustic soda is
impelling the sodium chloride market growth. There are a few more factors that are expected
to bolster the market growth during the forecast period, such as the growing population,
emerging industries and disposable income. The rising adoption of sodium chloride in
various end-use industries such as water treatment, animal feed, agrochemicals and oil & gas
is the key factor contributing towards market expansion.
A Glimpse of Top Countries in the Sodium Chloride Market
The US dominates the global market by recording a CAGR of 3.8% with a valuation of US$
4.0 Bn during the forecast period. Growing disposable income and rising end-use industries
such as chemical and food are advancing the US market size. Additionally, the US market
growth is fueled by the increasing adoption of sodium chloride in the chemical sector to
increase the production of chemical products.
China is estimated to capture a CAGR of 6.2% with a valuation of US$ 2.9 Bn during the
forecast period. Increasing consumption of sodium chlorine for cleaning equipment in the
healthcare sector is observed in China. The manufacturers are advancing the food and
beverage industry to maintain the shelf life of food and preserve it for a long time in China.
Key Takeaways:

The sodium chloride market valuation is expected at US$ 67.4 Bn by 2033.

The global market is increasing during the forecast period by witnessing a CAGR rate
of 4.4%.

The market in the United States is anticipated to grow at a CAGR of 3.8% through
2033.

The China market is likely to uplift significantly during the forecast period with a
CAGR of 6.2%.

The Japanese market is expected to grow at a CAGR of 3.3% over the forecast period.
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