Global Calcium Chloride Market will see multiple growth opportunities during the 2019-2024 period
The recent study titled “Global Calcium Chloride Market – Forecasts from 2019 to 2024”, covers an in-depth analysis of the market on the basis of form, application, and geography. The report also covers the country level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2019-2024. The report has segmented the calcium chloride market by form (flakes, pellets, powder, solution), application (de-icing, dust control, fluid drilling, concrete additive, coal guard for mining, wastewater treatment, others), and geography (North America, South America, Europe, Middle East and Africa, Asia Pacific). Calcium chloride is a member of the salt family of elements and is made up of calcium and chloride. It is widely used in a broad range of applications such as ice control, road stabilization, dust suppression, and in oilfield applications. It reduces the frequent application of salt and is active for a longer duration. These are the factors that are driving the demand for calcium chloride in applications such as de-icing in the countries of North America and Europe. In oil and gas, it increases the density of solids-free brines and inhibits the swelling clays in the water phase of invert emulsion drilling fluids. Thus, the Calcium chloride market is anticipated to grow at a steady rate on account of its increasing demand in industries such as food packaging, mining, and construction.
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Powder holds a significant share in the market
Powder holds a significant share in the market on account of its diverse roles in various industries. It is widely used as an additive in concrete and is used for absorption of moisture in solvents and gases, the binding agent in cement paint, and de-icing of ice from roads and highways.
De-icing and Dust Control hold a major share in the market
De-icing and dust control hold a major share in the market as it is commonly used in anti-icing and de-icing applications owing to its ability to depress the freezing point of water in moderate to extreme winter conditions. It protects concrete and road infrastructure while delivering the highest quality of winter road management.
North America holds a significant share in the market.
The North America calcium chloride market holds a significant share and is expected to grow at a steady rate on account of increase in demand for de-icing owing to heavy snowfall conditions in countries such as U.S.A, Canada, and etc.
Some of the major players discussed in the reports are Occidental Petroleum Corporation, TETRA Technologies, Inc., Solvay, Tiger Calcium, Ward Chemical Ltd., Nedmag B.V., Zirax Limited, and Auro Chemical.
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