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Read MoreAccording to the latest report by IMARC Group, titled "India Calcium Chloride Market Report by Application (De-Icing, Dust Control and Road Stabilization, Drilling Fluids, Construction, Industrial Processing, and Others), Product Type (Liquid, Hydrated Solid, Anhydrous Solid), Raw Material (Natural Brine, Solvay Process (by-Product), Limestone and HCL, and Others), Grade (Food Grade, Industrial Grade), and Region 2024-2032," the India calcium chloride market is projected to grow at a CAGR of 3.24% during 2024-2032. Calcium Chloride (CaCI2) is an ionic crystalline, solid, inorganic compound that is primarily composed of calcium and chlorine. It materializes in bead forms and might range in white to off-white color. Currently, it is formulated by neutralizing hydrochloric acid with calcium hydroxide. It can be further manufactured by the Solvay process, the brine method, or as the by-product of magnesium hydroxide. Calcium Chloride behaves similarly to a normal ionic halide while being solid at room temperature and highly soluble in water and its anhydrous form is hygroscopic. Additionally, calcium chloride can absorb moisture from the air, which can prolong the duration of relative humidity and slow down corrosion; therefore, it is used as a desiccant. Apart from this, it finds extensive applications in medicine, transportation, agriculture, food preservation, industrial processing, de-icing, construction, drilling fluids, dust control, road stabilization, and wastewater treatment plants.
India Calcium Chloride Market Trends:
Ongoing construction activities and rising investments in various infrastructure renovation activities are primarily driving the market growth in India. Calcium chloride is widely employed to hydrate freshly placed concrete and lower the free water content to ensure instant firmness for providing optimal strength to the product. In line with this, the growing adoption of calcium chloride as an anti-dusting agent to create a layer over dust particles and stabilize the unpaved road base and highways is acting as another growth-inducing factor. Moreover, the increasing uptake of calcium chloride in the agricultural sector as a plant nutrient to reduce decay, maintain soil stability, and prevent crop diseases is supporting the market growth. Additionally, the escalating prevalence of chronic diseases has prompted pharmaceutical companies to utilize calcium chloride in medications to treat hypocalcemia, arrhythmias, hypermagnesemia, calcium channel blocker, and beta-block overdose, which, in turn, is favoring the market growth. Furthermore, the growing consumption of ready-to-eat (RTE) foods has intensified the usage of calcium chloride in the food and beverage (F&B) industry to preserve food items, tender meat, brew beer, produce cheese, and act as a firming agent in tinned vegetables and fruits, which is propelling the market growth. Other factors, such as the introduction of innovative product variants with enhanced capabilities and continuous research and development (R&D) activities to improve the molecular shape of calcium chloride to achieve faster melting, are positively impacting the market growth across the country.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | ‘000 Tons |
Segment Coverage | Application, Product Type, Raw Material, Grade, Region |
Region Covered | North India, West and Central India, South India, East India |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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