North America Calcium Chloride Market to Reach 2.7 Million Tons by 2028, Bolstered by its Increasing Application as a De-Icing Agent

January 18, 2022 | Chemical & Materials

The latest report by IMARC Group, titled “North America Calcium Chloride Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” finds that the North America calcium chloride market reached a volume of 2.4 Million Tons in 2022. Calcium chloride, with the chemical formula CaCl2, is an ionic compound that is obtained by the ionic bonding of calcium cations and chloride anions. It is a whitish, anhydrous salt that acts as an ionic halide that stays solid at room temperature. Calcium chloride is soluble in water and is utilized in the oil and gas industry for well drilling activities. It is also used as a de-icing agent and in plastic manufacturing, wastewater treatment plants, construction, and blast furnaces. When added to concrete, calcium chloride increases the hydration rate while reducing the water content rapidly. Due to its hygroscopic nature, calcium chloride is usually stored in airtight containers and used as a drying agent in the North American region.

North America Calcium Chloride Market Trends: 

North America is one of the largest markets for calcium chloride in the world. The North America calcium chloride market is primarily driven by its growing demand in de-icing and dust control activities across the region. In addition, with the significant growth of the food sector, there has been escalating the demand for calcium chloride to keep food items fresh and safe. It is also used as a firming agent in canned fruits and vegetables. Besides this, calcium chloride finds application in concrete acceleration, brine refrigeration, dust control, tire weighting, and other chemical processes, which is fueling the market growth. Furthermore, the growing consciousness regarding depletion of conventional gas resources and maturing of existing hydrocarbon resources has resulted in the shift toward unexplored oil and gas reservoirs to keep pace with the growing demand. As a result, the consumption of calcium chloride has increased as an essential raw material used in drilling fluids. Looking forward, the market is expected to reach a volume of 2.7 Million Tons by 2028, exhibiting a CAGR of 1.95% during the forecast period (2023-2028).

Market Summary: 

  • Based on the application, the market has been segmented into de-icing, dust control and road stabilization, drilling fluids, construction, industrial processing, and others.
  • On the basis of the product type, the market has been classified into liquid, hydrated solid, and anhydrous solid.
  • The market has been categorized based on the raw material into natural brine, Solvay process (by-product), limestone and HCL, and others.
  • On the basis of the grade, the market has been segregated into food and industrial grade.
  • Region-wise, the market has been divided into the United States and Canada.
  • The competitive landscape of the market has been examined in the report, with the detailed profiles of key players operative in the industry.

Report Scope:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units Million Tons
Segment Coverage Application, Product Type, Raw Material, Grade, Country
Countries Covered United States, Canada
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)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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North America Calcium Chloride Market to Reach 2.7 Million Tons by 2028, Bolstered by  its Increasing Application as a De-Icing Agent
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