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The GCC calcium chloride market is expected to exhibit a CAGR of 4.90% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Calcium Chloride (CaCl2) refers to an inorganic compound that is characterized by high solubility. It acts as a typical ionic halide, which is obtained by neutralizing hydrochloric acid with calcium hydroxide. Calcium chloride is hygroscopic in nature, due to which it is extensively used as a desiccant in water treatment plans to maintain a continuous state of dryness. Apart from this, it is widely adopted as a de-icing agent, preservative in processed foods, and the production of paints, plastics, and medicines.
The GCC calcium chloride market is majorly being driven by the escalating product demand across the oil and gas industry, wherein it is used to establish and maintain wells, drill fluids, provide consistency, increase density, and stabilize shale formations. Additionally, increasing inclination toward a luxurious lifestyle and the incorporation of swimming pools in urban homes has accelerated the use of calcium chloride as a potential of hydrogen (pH) buffer, which aids in regulating the calcium hardness of the pool water. Apart from this, the product acts as an effective accelerator in the concrete industry, which is acting as another growth-inducing factor. Moreover, calcium chloride possesses the functional property to suppress the dust on roads, keep the road damp even in extremely hot and dry conditions, and bind aggregate particles together, which is positively influencing the market growth across the region.
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC calcium chloride market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on application, product type, raw material and grade.
Breakup by Application:
Breakup by Product Type:
Breakup by Raw Material:
Breakup by Grade:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Application, Product Type, Raw Material, Grade, Country|
|Region Covered||Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
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|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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