Global Calcium Chloride Market Outlook 2022

Calcium Chloride Market 

The global Calcium Chloride market size is projected to reach US$ 2606.1million by 2027, from US$ 1081.3 million in 2020, 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.

Industry Insights

A report titled, “Global Calcium Chloride Market Outlook 2022” has been recently published by QY Research. The dedicated analysts and researchers have carried out deep-seated research to put forth the present and future scenario of the Calcium Chloride market. They have provided an in-depth review with accuracy and reliability to give the readers an overall picture.

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Post Covid-19 Outlook

The readers in the section will understand how the Calcium Chloride market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as production, demand, consumption, supply chain. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Segmental Outlook

Key segments including type, and application have been elaborated in this report. The consultants at QY Research have studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and application during the historical period (2016-2021) and forecast period (2022-2027).

By Type

• Industrial Grade Calcium Chloride
• Agriculture Grade Calcium Chloride
• Food Grade Calcium Chloride
• Pharmaceutical Grade Calcium Chloride

By Application

• De-Icing
• Dust Control
• Drilling Fluids
• Construction
• Industrial Processing
• Agriculture
• Others

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and production data of each region and country for the period 2016-2027. This information derived through comprehensive research will help the reader to get familiar with the potential value of the investment in a particular region. North America, Europe, China and Japan are the major regions studied in the research report.

Key Players

• 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
• Frequently Asked Questions

Scope of CaCl2 Market Report