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The global calcium chloride market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.32% during 2023-2028.
Calcium chloride (CaCl2) is a white, crystalline solid characterized by high solubility. It is an organic compound occurring naturally in the form of beads and stored in airtight containers on account of its hygroscopic nature. It is used as a desiccant to maintain a constant level of dryness in water treatment plants. Apart from this, it finds extensive applications in agriculture, paint, rubber, food and beverage (F&B), and transportation industries across the globe.
At present, there is a rise in the utilization of CaCl2 in cheese production, beer brewing, meat tenderization, and canned vegetables and fruits. This, along with the growing application of CaCl2 as a de-icing agent on roads, sidewalks and pavements during winters, represents one of the key factors driving the market. Moreover, there is an increase in the employment of CaCl2 in the construction industry as a concrete accelerator to provide high initial strength by speeding up the hydration process. This, coupled with rising construction activities, especially in developing economies, is propelling the growth of the market. In addition, the escalating demand for CaCl2 in the mining sector as a maintenance material for the construction of haul roads owing to its deliquescent nature of absorbing moisture from the air and adding density to the roadway is positively influencing the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global calcium chloride market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, application, raw material and grade.
Breakup by Application:
De-icing exhibits a clear dominance in the market owing to the ability of CaCl2 to melt ice faster compared to other chemical compounds.
Breakup by Product Type:
Hydrated solid CaCl2 is currently holding the dominant share in the market.
Breakup by Raw Material:
Natural Brine currently account for the highest share in the market as it is cost-effective and causes less impact on the environment.
Breakup by Grade:
Industrial grade calcium chloride is the largest market segment owing to its various applications in diverse industries, such as oil and gas, and mining.
Breakup by Region:
North America holds the largest market share due to the increasing utilization of calcium chloride for de-icing, wastewater treatment, dust control and food processing applications in the region.
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Occidental Petroleum Corp., Tetra Technologies, Inc., B. J. Services, Inc., Solvay S.A. (Solvay Group), Tangshan Sanyou Group Co., Ltd., Qingdao Huadong Calcium Producing Co. Ltd., Tiger Calcium Services Inc., Ward Chemicals Inc., Weifang Haibin Chemical Co., Ltd, Weifang Taize Chemical Industry Co., Ltd, and Zirax Ltd.
The report provides a comprehensive insight into the global calcium chloride industry including its market break-up by region, market breakup by end-uses, SWOT analysis, Porter’s five forces analysis, value chain analysis, import and export trends, key players and market outlook. The report also gives an insight into the manufacturing process of calcium chloride, covering key success and risk factors for manufacturers, manufacturing process flow, the reactions involved, raw materials requirements, etc.
The essential aspects of the global calcium chloride market evaluated in the report include:
|Base Year of the Analysis||2022|
|Units||Million Tons, US$ Billion|
|Segment Coverage||Product Type, Grade, Application, Raw Material, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||Occidental Petroleum Corp., Tetra Technologies, Inc., B. J. Services, Inc., Solvay S.A. (Solvay Group), Tangshan Sanyou Group Co., Ltd., Qingdao Huadong Calcium Producing Co. Ltd., Tiger Calcium Services Inc., Ward Chemicals Inc., Weifang Haibin Chemical Co., Ltd, Weifang Taize Chemical Industry Co., Ltd, and Zirax Ltd.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|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)|
The global calcium chloride market was valued at US$ 1.2 Billion in 2022.
We expect the global calcium chloride market to exhibit a CAGR of 5.32% during 2023-2028.
The widespread adoption of calcium chloride across the food and beverage industry for cheese production, beer brewing, and as a firming agent in canned vegetables and fruits is primarily driving the global calcium chloride market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of various end use industries for calcium chloride.
Based on the application, the global calcium chloride market has been divided into de-icing, dust control and road stabilization, drilling fluids, construction, industrial processing, and others. Among these, de-icing currently exhibits a clear dominance in the market.
Based on the product type, the global calcium chloride market can be segmented into liquid, hydrated solid, and anhydrous solid. Currently, liquid calcium chloride holds the majority of the total market share.
Based on the raw material, the global calcium chloride market has been categorized into natural brine, Solvay process (by-product), limestone and HCL, and others. Among these, natural brine currently accounts for the largest market share.
Based on the grade, the global calcium chloride market can be bifurcated into food grade and industrial grade. Currently, industrial grade calcium chloride holds the majority of the global market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global calcium chloride market include Occidental Petroleum Corp., Tetra Technologies, Inc., B. J. Services, Inc., Solvay S.A. (Solvay Group), Tangshan Sanyou Group Co., Ltd., Qingdao Huadong Calcium Producing Co. Ltd., Tiger Calcium Services Inc., Ward Chemicals Inc., Weifang Haibin Chemical Co., Ltd, Weifang Taize Chemical Industry Co., Ltd, and Zirax Ltd.
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