Global Calcium Chloride Market to Reach US$ 2.0 Billion by 2032, Impelled by Increasing Product Demand in Oil and Gas Industry

March 01, 2023 | Chemical & Materials

According to the latest report by IMARC Group, titled "Calcium Chloride Market Report by Product Type (Liquid, Hydrated Solid, Anhydrous Solid), Application (De-Icing, Dust Control and Road Stabilization, Drilling Fluids, Construction, Industrial Processing, and Others), Raw Material (Natural Brine, Solvay Process (By-Product), Limestone and HCL, and Others), Grade (Food Grade, Industrial Grade), and Region 2024-2032," the global calcium chloride market reached a value of US$ 1.3 Billion in 2023. Calcium chloride is an organic compound with the chemical formula CaCl2. It is a salt made up of calcium and chlorine ions. It is a white, crystalline powder that is highly soluble in water and several organic solvents. It is hygroscopic, usually kept in airtight containers, and commercially available in liquid and anhydrous forms. It is commonly used as a drying, de-icing, and refrigeration agent. It is also used in the food industry as a firming agent for fruits and vegetables and in the production of calcium supplements. Calcium chloride is used on unpaved roads and highways to control dust and prevent soil erosion. It is added to concrete to accelerate the setting time and increase the strength of the concrete. It is widely used in the medical industry as a source of calcium for intravenous fluid replacement and resuscitation in emergency situations.

Global Calcium Chloride Market Trends:

The global market is majorly driven by the rising product demand for dust control and de-icing activities. In line with this, the increasing demand for calcium chloride in the oil and gas industry for drilling fluids applications is significantly contributing to the market growth. Furthermore, the widespread application of calcium chloride in the construction segment is positively influencing the market. Apart from this, the rapid utilization of the product as a food preservative in the food processing industry is catalyzing the market. Moreover, the growing product applications in wastewater treatment and the escalating product usage in beer brewing and meat tenderization are propelling the market. Besides, the heavy investments by governments worldwide in infrastructure development activities are strengthening the market. Some of the other factors driving the market include the rapid product utilization in the manufacturing of various concentrations of calcium chloride pellets, the increasing construction activities worldwide, and the growing product demand in the mining industry. On account of the factors above, the market is anticipated to reach a value of US$ 2.0 Billion by 2032, exhibiting a CAGR of 4.9% during 2024-2032. 

Market Summary:

  • On the basis of the application, the market has been categorized into de-icing, dust control and road stabilization, drilling fluids, construction, industrial processing, and others. Among these, de-icing exhibits a clear dominance in the market.
  • Based on the product type, the market has been classified into liquid, hydrated solid, and anhydrous solid. Hydrated solid CaCl2 is currently holding the largest share in the market.
  • Based on the raw material, the market has been segmented into Natural Brine, Solvay Process (by-Product), Limestone and HCL, and others. At present, natural brine accounts for the highest share in the market.
  • Based on the grade, the market has been categorized into food grade and industrial grade, wherein industrial grade represents the largest market segment.
  • On the basis of the region, the market has been divided into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. Among these, North America holds the leading position in the market.
  • The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market. Some of the key players 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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)


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.

Contact Us:

IMARC Group
30 N A
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Calcium Chloride Market to Reach US$ 2.0 Billion by 2032, Impelled by Increasing Product Demand in Oil and Gas Industry
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARATI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More
DEinternational Egypt

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

Read More