Calcium Chloride Market Size, Share & Industry Analysis, By Grade (Food Grade, Pharmaceutical Grade, Agriculture Grade, Industrial Grade), By Application (De-Icing & Dust Control, Drilling Fluids, Agriculture, Healthcare, Construction, Food & Beverages) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104301 | Status : Ongoing

KEY INDUSTRY INSIGHTS

The global calcium chloride market is experiencing significant growth, Calcium Chloride is white colored crystalline solid with high water solubility. It is one of the versatile inorganic compound widely used in many industrial processes. The anhydrous form of the compound is hygroscopic in nature and hence s used as dessicant. It is also used as de-icing agent and remains active for longer time period. Liquid calcium chloride up to 35% is used along with rock salt for ice and snow control. It is also used in drilling fluids in oil & gas industry.

Increasing demand for calcium chloride for de-icing activities and dust-control is expected to drive the market growth. Moreover, high demand for drilling fluids from oil and gas sector is likely to boost the demand for calcium chloride. The increasing number of potential applications shall create positive impact on market.

However, excessive consumption of calcium chloride can cause serious health issues. Kidney stones, muscle spasms, irregular heartbeats, and joint pains. This is expected to hamper the industry growth.

Key Market Driver -

Increasing demand for de-icing application.

Key Market Restraint -

Potential negative health effects.

Key Insights

New Advancements in Production Technologies

Key Trends in the Calcium Chloride Market

New Product Launches, Expansions, Key Players

Ranking of Key Players in the Market

Calcium Chloride Market Segmentation:

Based on grade, the global calcium chloride market is segmented into food grade, pharmaceutical grade, agricultural grade, and industrial grade. Based on application, is segmented into de-icing & dust control, drilling fluids, agriculture, healthcare, construction, food & beverages, and other applications.

From a geographical standpoint, the calcium chloride industry is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

Sameer Chemicals

Sitara Chemical Industries Ltd

Nedmag Industries

Weifang Taize Chemical Industry Co. Ltd

Ward Chemical, Inc.

Tiger Calcium Services Inc.

Solvay S.A

Occidental Chemical Corporation

Regional Analysis:

The calcium chloride market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to account for largest share in market and dominate the market during forecast period attributed to high demand for de-icing and drilling fluids application. Asia Pacific is estimated to experience substantial growth attributed to the large manufacturing base for calcium chloride in countries like China, Japan, and India. Europe is expected to witness significant growth attributed to increasing demand from pharmaceutical and medical sector. Latin America and Middle East & Africa is likely to exhibit moderate growth by the end of forecast period attributed to the high focus of regional governments on non-oil growth.

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Segmentation

ATTRIBUTE	DETAILS
By Grade	Food Grade Pharmaceutical Grade Agriculture Grade Industrial Grade
By Application	De-Icing & Dust Control Drilling Fluids Agriculture Healthcare Construction Food & Beverages
By Geography	North America (U.S., and Canada) Europe (Germany, UK, France, Italy, and Rest of Europe) Asia Pacific (China, India, Japan, and Rest of Asia Pacific) Latin America (Mexico, Brazil, and Rest of Latin America) Middle East & Africa (UAE, South Africa, and Rest of Middle East & Africa)

Calcium Chloride Industry Developments

Solvay is a Belgium based manufacturer of various chemicals including calcium chloride. The company has a wide product portfolio of calcium chloride under the brand name ‘Caso’ which provides high quality of calcium chloride for food, industrial and technical applications.

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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