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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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