Calcium chloride is one of the vital platform chemicals in the market. Its properties make it useful in wide applications in end-user industries such as food, construction, and pharmaceutical.
Albany, NY -- (SBWIRE) -- 01/06/2016 -- Calcium chloride, a platform chemical, is used in a wide range of applications such as de-icing & dust control, oil and gas, construction, food, and medicine. The functional property of calcium chloride to decrease the freezing point of water makes it an important compound in colder regions. Its usage as a deicing agent helps reduce the number of accidents occurring due to accumulation of snow and ice on roads. Other properties of calcium chloride such as dust control agent, desiccant, and preservative are also expected to contribute to market growth. High demand for calcium chloride in the oil and gas industry is likely to drive the demand for calcium chloride, especially in Asia and the Middle East.
This study analyzes, estimates, and forecasts the global calcium chloride market in terms of volume (kilo tons) and revenue (US$ Mn) from 2014 to 2023. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
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The report provides a detailed view of the calcium chloride market based on applications. Key applications included in the report are de-icing & dust control, oil and gas, construction, and others (comprising food and medicine). Furthermore, the report segments the market based on key geographies such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. It also provides market volume and revenue for each application under every regional segment, which is further divided into major countries.
Based on applications, the report analyzes the attractiveness of each segment with the help of an attractiveness tool. The study includes value chain analysis, which provides a better understanding of key players in the supply chain (from raw material manufacturers to end-users). Additionally, the study analyzes market competition and industry players using Porter's five forces analysis.
The report includes an overview of the market share of key companies in the global calcium chloride market. Key players profiled in the calcium chloride study include BJ Services Company, Occidental Chemical Corporation (OxyChem), Qingdao Huadong Calcium Producing Co. Ltd., Solvay, Tangshan Sanyou Group, TETRA Chemicals (Tetra Technologies, Inc.), Tiger Calcium Services Inc., Ward Chemical, Weifang Haibin Chemical Co. Ltd., Weifang Taize Chemical Industry Co. Ltd., and Zirax Group.
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Primary research represents the bulk of our research efforts, supplemented by an extensive secondary research. We reviewed key players' product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants' insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases. Other sources include national government documents, statistical databases, and market reports, news articles, and press releases and webcasts specific to the companies operating in the market. Secondary sources referred for the study of the calcium chloride market include InfoMine, U.S. Geological Survey, Internet Archive Educational Portal, The Food and Agriculture Organization of the United States (FAO), and company presentations.
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