The South American salt market is poised for robust growth, projected to escalate significantly by 2027 with a CAGR of approximately 10.4%. This expansion is fueled by rising demand in various industries including chemical processing, de-icing, and water treatment. Brazil and Chile are prominent players in this sector, both as major producers and consumers, and they also export large quantities of salt to North America and Europe. The abundant natural salt deposits and advanced extraction technologies contribute to the region's strong market position.

In terms of production, rock salt and natural brine are the primary sources, with rock salt expected to lead due to its accessibility and simpler extraction methods. The sector is also vital for agriculture and food processing, enhancing its industrial scope. Technological advancements, such as the use of multipurpose mining equipment, are making extraction processes more efficient and environmentally sustainable, supporting further growth in production efficiency and market expansion.