Calcium Chloride Pricing Report

Calcium Chloride Prices December 2023

Concentrating on the US, which faced the most substantial price changes, the price of calcium chloride (74-77% Tech Grade) DEL Texas reduced by 2% compared to the previous quarter. The price at the end of the quarter was 298 USD/MT. In conclusion, the North America calcium chloride market in the fourth quarter of 2023 was characterized by a decline in prices due to superior inventories and restrained demand.

In China, the market sentiment for calcium chloride faintly declined in November. This was supplemented by a modest surge in demand, driven by growth in new orders and export sales. The overall supply chain and market conditions for calcium chloride in the country remained relatively stable, with no significant issues observed. In terms of pricing, the latest quarter-ending price for calcium chloride (74-77% Tech Grade) FOB-Qingdao in China is 141 USD/MT.

In the Netherlands, the price of calcium chloride diminished by 11% compared to the previous quarter. Additionally, there was a 5% reduction in price during the second half of the quarter compared to the first half. Moreover, the quarter ended with 225 USD/MT (74-77% Tech Grade) in the Netherlands.

In the South America, Brazil observed the most substantial changes in calcium chloride prices. The market in Brazil was influenced by factors such as diminished demand from the construction industry and low inventories. Furthermore, the quarter ending price of calcium chloride in Brazil was 222 USD/MT (74-77% Tech Grade).

Calcium Chloride Price Trend, Market Analysis, and News

IMARC’s newly published report, titled Calcium Chloride Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data, offers an in-depth analysis of calcium chloride pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing calcium chloride price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Calcium Chloride Market Analysis

The global calcium chloride market size reached US$ 1.3 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 2 Billion, at a projected CAGR of 4.90% during 2023-2032.

• Furthermore, booming construction industries, especially in developing nations such as China and India due to extensive use of calcium chloride as a concrete accelerator and de-icing agent, have contributed to increased market demand.
• The need for food preservation and water treatment due to an increasing population and urbanization are other factors responsible for boosting the market growth.
• Similarly, growing utilization of calcium chloride in oil and gas drilling activities owing to their efficient control of dust and the stabilization of clay soils has also driven the market growth.
• Increasing product utilization in the manufacturing of chemicals, pharmaceuticals, and textiles also plays a crucial role in the calcium chloride market growth.
• Novel applications, such as the adoption of calcium chloride in healthcare for treatment of hypocalcemia and as a drying agent in industrial processes, have also contributed to market growth.
• The reliance on more environmentally friendly deicing agents has also boosted usage of calcium chloride alternatives, influencing the market positively.
• Additionally, burgeoning investments in development projects such as infrastructure continue to offer high prospects for the market.
• Improved manufacturing processes that enhance the quality of the product and cost-efficiency also drive the market growth.
• Calcium chloride’s high demand in the agriculture sector where it is used to condition soils and suppress dust inflates the market growth.
• In addition, calcium chloride’s increasing use in the food and beverage (F&B) sector, where it serves as a firming agent and flavor enhancer, also enhances the market growth.
• The booming automotive industry in Asia-pacific and North America has increased the demand for calcium chloride as a coolant in vehicle conditioning systems.
• Escalating awareness of the benefits of calcium chloride on snow and ice removal also drives the market growth, especially in areas where winters are too harsh.
• Furthermore, constant investments in research enriching calcium chloride applications and boosting performance drive the market growth.
• The supportive regulatory environment on calcium chloride applications across numerous fields is another factor supporting the market expansion.

Calcium Chloride News

The report covers the latest developments, updates, and trends impacting the global calcium chloride market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in calcium chloride production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that shape the industry landscape.

Latest developments in the calcium chloride industry:

• In 2022, Solvay S.A. announced the development of a novel manufacturing process for calcium chloride utilizing innovative catalytic technologies, aimed at improving production efficiency and reducing energy consumption. This breakthrough innovation underscores Solvay's commitment to driving technological advancements in the chemical industry while prioritizing sustainability and operational excellence.
• In 2022, TETRA announced that Hargrove has completed the Front-End Engineering Design ("FEED") scope of work for the development and construction of a bromine production facility from TETRA's brine leases in Arkansas.

Product Description

Calcium chloride is a versatile chemical compound renowned for its myriad of industrial and commercial applications. With the chemical formula CaCl2, it is a soluble salt that exists in various forms, including flakes, pellets, and liquid solutions. Its hygroscopic nature, high solubility in water, and exothermic properties make it indispensable across diverse industries.

In the construction sector, calcium chloride finds extensive use as a concrete accelerator, accelerating the curing process and enhancing early strength development in concrete formulations. This not only reduces construction timelines but also improves the overall durability and performance of concrete structures, making it an essential additive in construction projects worldwide.

Moreover, calcium chloride serves as a vital component in the oil and gas industry, where it is employed as a drilling fluid additive and completion fluid. Its ability to inhibit clay swelling and control shale hydration enhances drilling efficiency and helps maintain wellbore stability in challenging geological formations, thereby facilitating smooth drilling operations.

Regional Coverage

The report provides a detailed analysis of the calcium chloride market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the price trends.

Global Calcium Chloride Price

The report offers a holistic view of the global calcium chloride pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.

Europe Calcium Chloride Price

In the fourth quarter of 2023, the Europe market for calcium chloride experienced a challenging period. The top three factors that influenced the market and prices were weakened downstream demand, increased borrowing costs from the European Central Bank (ECB), and a decline in the feedstock calcium carbonate prices. These factors led to a bearish market situation, with moderate supply and low to moderate demand from industries such as de-icing, construction, oil and gas, water treatment, plastics, and pharmaceuticals.

This analysis can be extended to include detailed calcium chloride price information for a comprehensive list of countries.

North America Calcium Chloride Price

In the North American region, the pricing of Calcium Chloride in the fourth quarter of 2023 was influenced by several factors, such as there was a notable decrease of 2% in prices compared to the previous quarter. This decline can be attributed to sufficient inventory levels, leading to a decrease in pricing.

Specific data on calcium chloride prices within the United States and Canada can also be provided.

Middle East and Africa Calcium Chloride Price

The calcium chloride market in the Middle East and Africa (MEA) region showcased a bearish sentiment owing to weaker demand fundamentals from downstream businesses. It has led to limited self-consumption and low exports, resulting in downward price trends. Furthermore, the region is experiencing challenging economic conditions and a liquidity crisis, leading to a further decline in market activity and purchasing power.

In addition to region-wise data, information on calcium chloride prices for countries can also be provided.

Asia Pacific Calcium Chloride Price

In the APAC region, the fourth quarter of 2023 for Calcium Chloride witnessed various factors that influenced the market and pricing dynamics, such as there was a moderate supply of Calcium Chloride in the region, accompanied by limited availability due to a decline in production rates within manufacturing units. This led to a slight shortage of product inventory, creating an imbalance between supply and demand. Despite these challenges, the supply chain operations remained smooth without any significant disruptions.

This analysis can be further extended to include detailed calcium chloride prices for a comprehensive list of countries within the region.

Latin America Calcium Chloride Price

The analysis of calcium chloride prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of calcium chloride pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting calcium chloride price volatility, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the calcium chloride industry.