The global Calcium Chloride market was valued at US$ 1081.3 million in 2020 and it is expected to reach US$ 1416.5 million by the end of 2027, growing at a CAGR of 3.9% during 2021-2027.
Calcium chloride is an inorganic, colorless, crystalline salt, which is highly soluble in water. This inorganic compound finds important application in de-icing operations, and in dust control. The calcium chloride anhydrous salt is hygroscopic in nature, and hence is also used as a desiccating agent.
The global calcium chloride market is developing due to rising usage of calcium chloride in the process of de-icing. Therefore, in nations where the after-effects of heavy snowfall are hard to oversee, calcium chloride is utilized. There are various nations using calcium chloride such as the U.S., Japan, and Canada. Dust control is another application for which the demand for calcium chloride is growing. As calcium chloride holds the moisture for a long time, it is utilized on unpaved streets for removing dust. The affordability factor of calcium chloride is major reason behind its utilization on street surfaces.The development of this market is likely to be limited by the lessened overall revenues because of an oversupply of cheap materials in the market, as calcium chloride can be produced utilizing different techniques. Corrosive nature of calcium chloride is another factor hampering the development of the market.
Global Calcium Chloride Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Calcium Chloride Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Occidental Chemical Corporation, Solvay, Tangshan Sanyou Group, Tetra Technologies, Tiger Calcium Services, Qingdao Huadong Calcium Producing, Ward Chemical, Weifang Haibin Chemical, Zirax, Tengfei Chemical Calcium and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-calcium-chloride-market-outlook
Segment by Type
- Industrial Grade Calcium Chloride
- Agriculture Grade Calcium Chloride
- Food Grade Calcium Chloride
- Pharmaceutical Grade Calcium Chloride
Segment by Application
- De-Icing
- Dust Control
- Drilling Fluids
- Construction
- Industrial Processing
- Agriculture
- Others
Table of Content:
1 Calcium Chloride Market Overview
2 Calcium Chloride Market Competition by Manufacturers
3 Calcium Chloride Retrospective Market Scenario by Region
4 Global Calcium Chloride Historic Market Analysis by Type
5 Global Calcium Chloride Historic Market Analysis by Application
6 Key Companies Profiled
7 Calcium Chloride Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Calcium Chloride Market Dynamics
10 Global Calcium Chloride Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
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Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.