Global Calcium Chloride Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

“Global Calcium Chloride Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global calcium chloride market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global calcium chloride market report has been segmented on the basis of application and region.

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Introduction:

Calcium chloride also known as calcium (II) chloride is an ionic compound of calcium and chlorine. The chemical formula of calcium chloride is CaCl₂. Calcium chloride is a colorless crystalline solid at room temperature and highly soluble in water. Calcium chloride is stored in tightly-sealed containers as it has a tendency to absorb moisture from air and dissolve in it due to its hygroscopic nature. It is used for various applications such as brine for refrigeration plants, de-icing and dust control on roads, and in cement.

Market Dynamics:

Rising demand for calcium chloride owing to increasing demand in de-icing and dust control activities, is a major factor expected to drive growth of the global calcium chloride market over the forecast period. In addition, increasing demand for the product in various applications such as pharmaceutical, oil & gas and construction industries is another factor anticipated to fuel growth of the target market in the next coming years. Moreover, increasing preference of calcium chloride as a food preservative in the food processing industry and for treating wastewater effluents, is among some factors estimated to drive growth of the potential market over the forecast period.

However, stringent government regulations about the use of calcium chloride and quality and safety of food products are among the factors which may hamper demand for calcium chloride and restrain growth of the global calcium chloride market over the forecast period.

Increasing adoption of calcium chloride in waste treatment & agriculture is a factor expected to create a lucrative opportunity for growth of the global calcium chloride market over the forecast period.

Analysis by Segment:

On the basis of application, the dust control & de-icing segment is estimated to account for significant share in terms of value and volume in the target market during the forecast period, owing to its functional property of suppressing the dust on roads preventing it to mix with air in the surroundings to cause air pollution.

Analysis by Region:

The North America calcium chloride market is accounted for highest share in terms of revenue in the target market and is expected to maintain its dominance during the forecast period. Increasing de-icing activity owing to extreme cold weather and rising demand of shale gas are major factors driving growth of the North America calcium chloride market. The Europe market accounts for significant share in the global calcium chloride market in terms of value and is expected to witness considerable growth in the next coming years followed by North America. The Asia Pacific calcium chloride market is projected to witness highest growth rate in the target market over the forecast period. Increasing budgetary allocation by government on development of infrastructure in countries such as China and India, which in turn increase demand for calcium chloride, is expected to fuel growth of the target market over the forecast period in the region.

Market Segmentation and Key Players Operating in The Global Calcium Chloride Market:

Segmentation on the Basis of Application:

• Dust Control & De-icing
• Gas & Oil
• Construction
• Food
• Others (Medicine, Chemical Synthesis, and Animal Sterilization)

Segmentation on the Basis of Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa