Sodium chloride, which chemical formula NaCl, is an ionic compound denoting a 1:1 ratio of sodium and chloride ions and is also commonly referred to as salt, table salt or common salt. According to BlueQuark Research & Consulting, the global market for sodium chloride is expected to grow significantly during the forecasted period. Factors such as the expanding need for deicing of snow in cold countries and low-cost raw material for manufacturing high-end Chlor-alkali products are expected to fuel the demand for the product during the forecasted period. Further, the processed and packed food and beverage industry is expected to drive the sodium chloride market in the forecasted period. Furthermore, the high demand for the manufacturing of polyvinyl chloride products, as well as detergents, soaps, and dyes, is expected to drive the sodium chloride market in the forecasted period. However, expanding health-conscious people, as well as dieticians and doctors' advice to people to have a balanced salt intake, difficulties in storing sodium chloride, and low-profit margin are the potential restraints hampering the overall market.

Sodium Chloride is used in large quantities across various industrial and consumer applications such as chemicals, textiles, plastics, personal care, and food & beverages. Sodium chloride is extensively available and inexpensive and is a prime source for producing sodium hydroxide and chlorine gas. It is used by numerous industries such as textiles, plastics, chemicals, and agrochemicals to manufacture paints & coatings, PVC, polymers, and animal feed products.

The major factors responsible for the sodium chloride market's growth are the rising demand for Chlor-alkali products in the chemical industry and their easy availability. The demand for sodium chloride in the chemical industry is reported for over half of the market. Sodium chloride is used in manufacturing various chemical products, including organic, inorganic, and Chlor-alkali products, like chlorine, soda ash, and caustic soda. These products are further utilized for producing a wide range of products, such as polyvinyl chloride (PVC), detergents, glass, dyes, and soaps. Manufacturers in the global sodium chloride market have recently gained an advantage from some of the remarkable advances made in the manufacture of sodium hydroxide. The unveiling of new chemistries of metallic elements has fueled research in this direction. NaCl is one of the important chemicals used in the chemical industry, primarily for manufacturing caustic soda, ammonium chloride, sodium chloride, and sodium bicarbonate. In addition, a huge quantity of sodium chloride is appointed as feedstock in many industrial processes and for water softening purposes. Moreover, caustic soda also finds a request in the Kraft process, a process for converting wood into wood pulp, which is still the dominating method in paper production. The global production of all vehicles increases the demand for polyurethane used in automobile parts, such as foam seating, suspension bushings, seals, and gaskets. The need for PVC products and polyurethane-based construction industry materials, such as rigid foam insulation panels. Therefore, based on the abovementioned factors, the chemical products segment is expected to dominate the market in the forecasted period.

The Asia Pacific region is awaited to be the largest market for global sodium chloride due to surged refining activities and production from chemical industries. Furthermore, China and India hold a significant share of the global sodium chloride market. The refining activities in these countries will drive the Sodium Chloride market. Deicing is anticipated to drive the market due to its high use in removing snow, ice, or frost from a surface. Adding to this, huge rock salt-producing countries such as Germany, Canada, and the United States tend to have more deicing needs. According to USGS, road salt application in the United States has tripled in a few years, which is expected to drive the market. The growing applications of sodium chloride in diverse industries represent the primary factor boosting market growth. In the food industry, NaCl is mainly used for seasoning, curing meats, coloring, and preserving fish. It helps to enhance the flavor, maintain foods, prevent spoilage and keep ready-to-eat meats and cheeses safe to eat. Salt is also used in fermenting foods like sauerkraut, pickles and kefir. Besides this, it is used in catheter flush injections or intravenous infusions and for cleaning objects such as contact lenses. NaCl appears as a white crystalline solid and acts as an emetic and a flame retardant. It is also significant in maintaining the electrolyte balance of fluids in a person's body. Moreover, the body needs NaCl to absorb and transport nutrients, maintain blood pressure levels and the right fluid balance, transmit nerve signals, and contract and relax muscles. The rapidly increasing demand for sodium chloride as a raw material for personal care products and an intermediate for the producing of chemicals is one of the major factors driving the market's growth. Salt is also used in fermenting foods like sauerkraut, pickles, and kefir. Although, it is utilized in catheter flush injections or intravenous infusions and for cleaning objects such as contact lenses. In addition, a huge quantity of sodium chloride is employed as feedstock in many industrial processes and for water softening purposes. These factors are awaited to provide a positive thrust to the market growth soon. 

The global sodium chloride market is partially segmented. Major players in the market were Cargill Incorporated, Cheetham Salt, K+S Aktiengesellschaft, Tata Chemicals Limited, and Compass Minerals, among others.

In July 2019, China CAMC Engineering and Ghana's LaLoi Industrial Holdings penned a saline-alkali project deal worth USD 295 million. CAMC Engineering will build a salt plant with an annual output of 250,000 tons and a Chlor-alkali one with 21,000 tons annually under the 32-month contract. Further, in February 2020, Researchers at the University of Alberta developed a virus-killing salt coating designed to improve the surgical masks' effectiveness in preventing the spread of pathogens like influenza or the new coronavirus.

Global Sodium Chloride Market report provides deep insight into the current and future sodium chloride market state across various regions. The study comprehensively analyzes the sodium chloride market by segmenting based on Grade (Rock Salt, Solar Salt, Other Grades), Application (Pharmaceutical, Agriculture, Chemical Production, Water Conditioning, Deicing, Flavoring Agents & Food Preservatives, Textile Industry, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth, in detail. The study covers & includes emerging market size, trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of prominent companies, including their market shares and projects.