Calcium Chloride Market (Product – Flakes, Prills, Pellets, Liquid Grade; Application - De-icing, Construction, Industrial Processing, Drilling Fluids, Dust Control): Global Industry Analysis, Trends, Market Size and Forecasts up to 2023. Global calcium chloride market is expected to grow at a CAGR of 4.0% over the forecast period from 2017 to 2023.
Pune, India -- (SBWIRE) -- 04/16/2019 -- The latest report has been added to the wide database of Calcium Chloride Market by Infinium Global Research. This report studies the calcium chloride Market by application (de-icing, construction, industrial processing, drilling fluids) market status and outlook of global and major regions, from manufacturers, Industry Analysis, Trends, Market Size, Forecasts up to 2023 and end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. calcium chloride Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the calcium chloride Market. Global calcium chloride market is expected to grow at a CAGR of 4.0% over the forecast period from 2017 to 2023.
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Calcium Chloride Market: Industry Insights
Calcium chloride is an inorganic compound, composed of calcium and chlorine. Calcium chloride is highly soluble in water. Calcium chloride is used in anti-icing, prewetting, and solid blend applications that help in maintaining safe and ice-free driving conditions. Further, calcium chloride is used as an additive in cement, food, and to maintain and construct roads and highways owing to its supposed abilities to help preserve moisture.
Calcium Chloride Market: Drivers and Restraints
Growing applications of calcium chloride in construction and food and beverage industry drive the growth of the calcium chloride market. It is used in cheese and beer production and added to some brands of bottled water and maintain the firmness of foods. In construction, calcium chloride used as a stabilizer enhances soil compaction, and preserve moisture. In automotive and aluminum industry, calcium chloride used in wastewater treatments to eliminate phosphates, fluoride, heavy metals, and oily wastes.
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Calcium Chloride Market: Segmentation
The global calcium chloride market is categorized into product and application type. Based on, product type calcium chloride market is segmented into Flakes 77%, Flakes 94%, Prills 94%, Pellets 94%, and Liquid Grade. Among these type, Flakes 77% holds the largest share of calcium chloride market. On the basis of application, the calcium chloride market is divided into De-icing, construction, industrial Processing, drilling fluids, dust control, and others. Dust control and deicing hold the largest share of calcium chloride market. Among these applications, in De-icing, calcium chloride prevents ice formation. Onshore and offshore oil and gas producers use calcium chloride for all types of drilling and completion applications.
Calcium Chloride Market: Region Insights
North America dominated the calcium chloride market followed by the Asia Pacific and Europe.
Demand for de-icing in the United States is increasing owing to extreme weather condition in the region that in turn fuel the growth of the calcium chloride market. Furthermore, growing applications of calcium chloride in several sectors boost the growth of the calcium chloride market in the Asia Pacific region. Growing expenditure for infrastructural developments boosts the growth of the calcium chloride market in the Asia Pacific region.
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Calcium Chloride Market: Competitive Analysis
The prominent players in the covered in the calcium chloride market are BJ Services Company, Occidental Chemical Corporation (OxyChem), Aarti Industries Limited, 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.
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Calcium Chloride.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2023.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.