Page 180 - CW E-Magazine (9-4-2024)

Salt Expo & ICASMC 2024

GROWTH PROSPECTS

‘Pharmaceutical sodium chloride market growing

steadily’

The prospects of value addition in Dialysis is the most important
the salt industry were covered by application for pharma grade sodium
Dr. Franz Goetzfried, owner of Germany- chloride, accounting for 75% of its
based Salt Research + Consulting, in demand. It is used in liquid and dry
his technical presentation with focus on concentrates for dialysis application.
pharmaceutical grade sodium chloride. Growing population and aging world
are driving the growth of this market,
Sea salts and rock salts cannot be according to Dr. Goetzfried.
used directly as pharmaceutical salt due
to their insufficient purity and/or in- Dr. Franz Goetzfried Almost all kinds for raw salts are up-
creased germs. The required purity can The Asia-Pacific is recognised as the gradable to pharma salts with only minor
only be achieved by crystallisation as a fastest growing market. deviations made to vacuum salt plants.
vacuum salt. “These salts can be produced with other
Pharma salt production accounts types of salts or in mono plants, which
Pharma grade sodium chloride has for less than 1% of global salt produc- are mostly found in China, which leads
uses in medical and non-medical appli- tion. “There are only 25 producers in the world with eight producers having
cations. Dr. Goetzfried said the cur- the world of pharma sodium chloride, a total production capacity of over
rent global consumption is 750-ktpa, compared to the several hundreds of 450-ktpa,” informed Dr. Goetzfried. He
which is expected to grow at a CAGR salt producers. This is a steadily grow- added that Tata Chemicals has started
of 5% and reach 1-mtpa by 2030. ing market,” he said. a 70,000-tpa plant in the UK recently.
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180 Chemical Weekly April 9, 2024

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