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Europe Calcium Chloride Market to Grow at 1.90% During 2022-2027, Impelled by Rising Infrastructural Development Projects

Published on Oct 31, 2022

According to the latest report by IMARC Group, titled "Europe Calcium Chloride Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the Europe calcium chloride market is expected to grow at a CAGR of 1.90% during 2022-2027. Calcium chloride (CaCl2) refers to an inorganic calcium salt that is characterized by a white to off-white color, which easily mixes or sinks in water. It is an ionic compound of calcium and chlorine that becomes solid at room temperature and behaves as a typical ionic halide. It is generally derived from limestone or produced via the Solvay process. Besides this, it is also commercially available in the form of granules, flakes and liquid that is extensively used as brine for refrigeration plants, producing cement and ice and dust control substance for road building. Due to its cost-efficiency and easy availability across Europe, there has been a considerable increase in the utilization of calcium chloride in numerous industrial verticals.    

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Europe Calcium Chloride Market Trends:

The market in Europe is primarily driven by the growing need for de-icing due to heavy snowfalls. Along with this, the increasing infrastructural development projects and the rising restructuring and remodeling activities are providing a boost to the demand for calcium chloride across the region. Due to its deliquescent nature of absorbing moisture, it is widely utilized in the construction of roadways, thereby catalyzing the market. Moreover, the widespread adoption of calcium chloride as a preservative ingredient in the production of processed foods is creating a positive market outlook. Additionally, the growing product utilization as a pH balancer in swimming pools is impacting the market growth favorably. Apart from this, the increasing product demand from the oil and gas industry for building and maintaining oil and gas wells and stabilizing shale formation are acting as other major growth-inducing factors. Other factors, including rapid urbanization and industrialization, continuous advancements in product manufacturing and extensive research and development (R&D) activities conducted by key players, are also positively influencing the market across Europe.     

Market Summary:

  • On the basis of the application, the market has been segmented into de-icing, dust control and road stabilization, drilling fluids, construction, industrial processing and others.
  • Based on the product type, the market has been segregated into liquid, hydrated solid and anhydrous solid.
  • On the basis of the raw material, the market has been categorized into natural brine, Solvay process (by-product), limestone and HCL and others.
  • Based on the grade, the market has been bifurcated into food and industrial grade.
  • On the basis of the country, the market has been divided into Germany, France, the United Kingdom, Italy, Spain and others.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
     

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