The European Industrial Salts market lags closely behind the Asia Pacific region when compared for their market growth. The de-icing application is this region is mainly driving the industrial salt market.
The European Industrial Salts market is going to grow at 1.55 % CAGR during the forecast years of 2019- 2027. To analyze the said market, the United Kingdom, Germany, France, Italy, Spain, Russia and the rest of the European countries are explored.
Market saturation is going to act as a restraint for this market's growth.
The German salt market is conjectured to be the largest salt producing country in the world and is contributing massively to the global market, because of rising demand from the expanding chemical industry.
China National Salt Industry Corporation (CNSIC), Amara Salt, Cargill Inc., CK Life Sciences International Holdings Inc., Compass Minerals, Delmon Salt Factory, Ineos Enterprises, Mitsui & Co. Ltd., Wilson Salt Company, Zoutman Industries, Tata Chemicals Limited and some other companies are found to be the core competitors.
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