Different things affect the calcium chloride market and together they decide how fast it will grow and how much people will want it. In order to make smart choices and stay ahead of the competition, people in this business need to have a full understanding of these market factors. CaCO3 is widely used for deicing roads in the winter, which is a major factor driving the market. In order to keep roads and streets from freezing, calcium chloride is preferred because it lowers the freezing point of water.
Calcite chloride is in high demand because it is a key part of keeping roads safe and usable during the winter in places where it gets really cold.
Large amounts of calcium chloride are bought and used in the oil and gas industry, mostly for drilling and finishing fluids. Chemicals called calcium chloride are used in oil and gas research and production to keep wellbore stability, stop clay from growing, and raise fluid density. There are changes in the demand for calcium chloride that are caused by changes in oil prices and the health of the oil and gas industry as a whole. These changes affect production levels and research efforts.
In mines and building places, calcium chloride is used to keep dust from blowing around. And because it is hygroscopic, it can take in water from the air. This stops dust from floating around and makes work places safer. Calcium chloride is needed to keep dust down because mines and building are growing because of projects to improve infrastructure.
Calcium chloride is used as an acidifier and food ingredient in the food and drink business, especially when making certain fruits and veggies. Although food is being processed and stored, it helps keep the structure and quality of the food.
Calcium chloride is an important ingredient in food preparation that is in high demand. Its demand is affected by consumer tastes, dietary trends, and rules in the food and beverage industry.
It is very useful in many fields, like packing, medicines, and industry, because calcium chloride is a great sanitizer. By controlling humidity, preventing harm from wetness, and making goods last longer, it is used. The demand for calcium chloride as a dehumidifier is driven by industries that work with materials that don't like being wet, like electronics and medicines.
When water is treated, calcium chloride is used to control how hard the water is and get rid of unnecessary particles. In business and factory settings, it also removes extra wetness from the air as a dehumidifier.
Calcium chloride is used in water cleaning because more people are becoming aware of the quality of water and need effective dehumidification options.
Environmental worries pose problems for the calcium chloride market, especially in places where it is used a lot for deicing, which could have an effect on the environment. Soil and water environments can be affected by runoff from deicing products, which is why regulators are looking closely at them.
To make sure that calcium chloride is used responsibly, market players must deal with these problems by choosing environmentally friendly methods, looking into different formulas, and following environmental laws.
Report Attribute/Metric | Details |
---|---|
Market Size Value In 2022 | USD 1.8 Billion |
Market Size Value In 2023 | USD 1.9 Billion |
Growth Rate | 5.60% (2023-2032) |
Calcium Chloride Market Size was valued at USD 1.9 Billion in 2023. The Calcium Chloride industry is projected to grow from USD 2.01 Billion in 2024 to USD 2.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.60% during the forecast period (2024 - 2032). Growing requirements for dust management and de-icing work, as well as an expansion of calcium chloride's applications in the construction industry, are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Over the past few years, calcium chloride has seen significant expansion on the market, largely as a result of rising demand for it in dust control and de-icing operations. The expanding needs from the gas and oil industries are driving up calcium chloride demand ly, and this trend is expected to continue during the projection period. During the forecast period, an expanding calcium chloride application range in the construction sector is also anticipated to support market expansion. The market is anticipated to develop over the next six years as a result of rising calcium chloride usage as a food preservative in the food processing industry. On the other hand, adverse effects from excessive calcium chloride use, such as kidney stones, bone and joint pain, unconsciousness, and irregular heartbeat, are anticipated to restrain the expansion of the worldwide calcium chloride market. In the following six years, the market is projected to see a number of new opportunities due to the expanding potential applications for calcium chloride in the waste treatment and agriculture sectors. Calcium chloride is used in many different industries, including construction, gas and oil, construction, and others including medicine, food, chemical synthesis, animal sterilisation, etc.
One of the key factors positively affecting the market at the moment is the rising demand for calcium chloride in the concrete sector to improve the strength of concrete by enhancing its hydration process. The market is expanding due to the increasing use of calcium chloride in the food and beverage (F&B) industry for cheese production, beer brewing, meat tenderization, and as a firming agent in canned vegetables and fruits. In addition, the increasing use of calcium chloride in numerous construction projects in the residential, commercial, and industrial sectors is promising for the market. Additionally, the market is expanding as a result of the increasing demand for calcium chloride in drilling fluids for oil and gas wells. In addition, the growing use of calcium chloride as a dust-controlling agent in the mining sector is providing profitable expansion chances to industry investors. Additionally, there is a growth in demand for calcium chloride because it has a longer shelf life and is simple to handle and store anywhere in the world. In accordance with this, the market is expanding due to the growing use of calcium chloride for treating wastewater and removing contaminants from water. The market is expanding as a result of the increasing use of calcium chloride in drilling products such drilling muds, packer fluids, and completion fluids to stop gas formation. Thus, driving the Calcium Chloride market revenue.
The Calcium Chloride market segmentation, based on Product Type, includes Flakes 77%, Flakes 94%, Prills 94%, and Pellets 94%. Flakes 77% segment dominated the market in 2022. During the projected time, its market share is expected to increase significantly, making it the main product kind. The primary driver of the market is an increase in demand for calcium chloride flakes, notably for de-icing and dust control applications.
The Calcium Chloride market segmentation, based on Form, includes Liquid, Hydrated Solid, and Others. Liquid segment dominated the Calcium Chloride market in 2022. Rock salt is mixed up to 35% with liquid calcium chloride to control snow and ice. When calcium chloride is present, salt is given less frequently and repeatedly (by 40%).
The Calcium Chloride market segmentation, based on Raw Material, includes Natural Brine, Solvay Process (by-product), Limestone, and Hydrochloric Acid (HCL). Solvay process (by-product) segment dominated the Calcium Chloride market in 2022. High-purity limestone and salt brine solution are combined during the Solvay process to create soda ash and calcium chloride as byproducts. Other techniques include using natural brine, purified brine, and enhanced brine.
The Calcium Chloride market segmentation, based on Grade, includes Food Grade, Industrial Grade, Agriculture Grade, and Pharmaceutical Grade. Industrial grade segment dominated the market in 2022. This is as a result of its wide range of applications in several sectors, including mining and oil and gas.
The Calcium Chloride market segmentation, based on Application, includes Dust Control and De-icing, Gas and Oil, Construction, Food, and Others. Dust control and de-icing segment dominated the market in 2022. Calcium chloride is useful for preventing air pollution by stopping road dust from blending with the ambient air. Actually, there is more need for calcium chloride now because it lowers the freezing point of water.
Figure 1: Calcium Chloride Market, by Application, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Calcium Chloride Market dominated this market in 2022 (45.80%). Increased de-icing needs and drilling activities are driving up the demand for calcium chloride in the region as a result of recent climate changes. In order to produce calcium chloride liquid grades, flakes, pellets, and prills in different concentrations for use as concrete accelerators, de-icing agents, and other uses, there is a growing requirement for calcium chloride. Further, the U.S. Calcium Chloride market held the largest market share, and the Canada Calcium Chloride market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: CALCIUM CHLORIDE MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Calcium Chloride market accounted for the healthy market share in 2022. This is attributed to increasing demand from pharmaceutical and medical sector. Further, the German Calcium Chloride market held the largest market share, and the U.K Calcium Chloride market was the fastest growing market in the European region
The Asia Pacific Calcium Chloride market is expected to register significant growth from 2023 to 2032. This is explained by the substantial calcium chloride manufacturing industries in nations like China, Japan, and India. Moreover, China’s Calcium Chloride market held the largest market share, and the Indian Calcium Chloride market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Calcium Chloride market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Calcium Chloride Industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Calcium Chloride Industry to benefit clients and increase the market sector. In recent years, the Calcium Chloride Industry has offered some of the most significant advantages to medicine. Major players in the Calcium Chloride market, including Occidental Chemical Corporation, Solvay, Ward Chemical Ltd, TETRA Technologies, Inc., Weifang Haibin Chemical Co., Ltd, Nedmag B.V., SAMEER CHEMICALS, Zirax Limited, Sitara Chemical Industries Ltd., Weifang Taize Chemical Industry Co., Ltd., Sulaksh Chemicals, BASF SE, Gujarat Alkalies and Chemical Limited, Aditya Birla Chemicals, Dow, SaiChem Industries, PVS Chemicals, vinipul Inorganics Pvt. Ltd., Aarti Industries, Tiger Calcium, and Auro Chemical, are attempting to increase market demand by investing in research and development operations.
A corporation that manufactures chemicals is called Solvay SA (Solvay). Specialty polymers, necessary chemicals, and chemical materials are among the products it produces and distributes. Customers in the automotive, agrochemical, food, consumer products, building & construction, healthcare, natural resources & environment, electrical & electronics, and other industries are served by it. To improve product quality and performance, the company employs specialised chemicals created from environmentally safe ingredients. It innovates and collaborates with clients on a scale in a wide range of end markets. In Europe, North America, Latin America, and Asia, the business maintains industrial facilities and centres for research and innovation. The headquarters of Solvay are in Brussels, Belgium.
Completion fluids and related goods and services are offered by the oil and gas company TETRA Technologies Inc (TETRA). Filtration systems, displacement modelling, single-stage and multi-stage systems, wellbore clean out tools, completion fluids and additives, calcium chloride, rig cooling, pumping, and fire safety systems are all available. Water management and production testing services are among the services the business provides. Automation and monitoring, sourcing, pipeline systems, storage and pit lining, treatment and recycling, blending and distribution, and laboratory services are just a few of TETRA's water management solutions. In the United States, Mexico, Canada, Africa, Europe, the Middle East, and Australia, it provides services for the oil and gas, industrial, agricultural, road, food, and beverage sectors. In the US, Houston, Texas, serves as the home base for TETRA.
August 2020: The participants' primary goal was to promote R&D. They also embraced strategies for strategic expansion, such as the launch of new products, joint ventures, and partnerships, in order to improve their market positions and grow their clientele.
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