The India calcium chloride market is expected to exhibit a growth rate (CAGR) of 3.6% during 2023-2028
Calcium chloride (CaCl2) is the ionic compound of chlorine and calcium. It can be produced using brine method, by-product of magnesium hydroxide, or Solvay process. This inorganic compound transpires in the form of beads and its color ranges from white to off-white. In addition to this, calcium chloride is hygroscopic, which implies that it absorbs water from the air. This, in turn, delays corrosion and prolongs the duration of relative humidity. On account of these properties, calcium chloride finds extensive applications in the medicine, transportation, food preservation, and paint industries.
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India Calcium Chloride Market Trends:
Rapid economic development, rising construction activities, and increasing expenditure on infrastructural developments are primarily driving the India calcium chloride market growth. The product is being used as an accelerator in the cement hydration process, which results in quicker firmness and higher concrete strength. Additionally, calcium chloride is widely adopted as a dust controlling agent for roads and highways as they create a layer over dust particles and stabilize the road base. Due to the rising population and increasing food demand, farmers are employing calcium chloride to maintain firmness, reduce decay, and prevent crop diseases, which is further supporting the market growth. Apart from this, calcium chloride acts as a prescription medicine, which is widely used to treat arrhythmias, hypocalcemia, hypermagnesemia, and calcium channel blocker and beta-block overdose. This is acting as another growth-inducing factor in the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India calcium chloride market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on application, product type, raw material and grade.
Breakup by Application:
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De-Icing
Dust Control and Road Stabilization
Drilling Fluids
Construction
Industrial Processing
Others
Breakup by Product Type:
Liquid
Hydrated Solid
Anhydrous Solid
Breakup by Raw Material:
Natural Brine
Solvay Process (by-Product)
Limestone and HCL
Others
Breakup by Grade:
Food Grade
Industrial Grade
Breakup by Region:
North India
West and Central India
South India
East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2022
Historical Period
2017-2022
Forecast Period
2023-2028
Units
‘000 Tons
Segment Coverage
Application, Product Type, Raw Material, Grade, Region
Region Covered
North India, West and Central India, South India, East India
Customization Scope
10% Free Customization
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Key Questions Answered in This Report
We expect the India calcium chloride market to exhibit a CAGR of 3.6% during 2023-2028.
The widespread adoption of calcium chloride as a concrete accelerator across the construction industry to provide high initial strength by speeding up the hydration process is primarily driving the India calcium chloride market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary halt in numerous production activities for calcium chloride.
Based on the application, the India 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 India calcium chloride market can be categorized into liquid, hydrated solid, and anhydrous solid. Currently, hydrated solid accounts for the majority of the total market share.
Based on the raw material, the India calcium chloride market has been segregated into natural brine, Solvay process (by-product), limestone and HCL, others. Among these, natural brine currently exhibits a clear dominance in the market.
Based on the grade, the India calcium chloride market can be bifurcated into food grade and industrial grade. Currently, industrial grade holds the largest market share.
On a regional level, the market has been classified into North India, West and Central India, South India, and East India.
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