The global calcium chloride market is expected to foresee significant growth. North America to hold a significant share!

Calcium Chloride is an inorganic compound. It is a white crystalline solid at room temperature, and it is highly soluble in water. In addition, Calcium chloride is used in many industries such as plastic, de-icing, wastewater treatment plants, construction, and blast furnaces. Furthermore, in the food sector, calcium chloride is used for cheese production, meat tenderization, beer brewing, and canned fruits. The rising global population with increasing per capita income of people is driving the growth of the food industry which is increasing the calcium chloride market demand globally. For instance, in 2021, the food service and food retailing industries supplied about US$2.12 trillion worth of food which is driving the market growth of calcium chloride. The global calcium chloride market is expected to witness a CAGR of around 5% during the forecast period (2022-2028).

However, Covid – 19 has devasted the global economy due to which many sectors experienced a downfall as the demand for calcium chloride got reduced within the industries because of their shutdowns. Since the production, and supply in the oil and gas industry, construction, food, and other industries were declining due to lack of operations which directly or indirectly affected the market of calcium chloride. However, the industries have been in process for a certain period, and the usage of calcium chloride is increasing as a major source for food, de-icing, and others for many different sectors. In addition, the production of food, and ice will require the use of calcium chloride, by which the growth of the calcium chloride market will be seen during the forecasted period.

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Based on grade, the market is fragmented into food and industrial. During the forecast period, the industrial grade segment is likely to dominate the global calcium chloride market. As it is used in many industrial aspects such as oil & gas, mining, and others. In addition, applications of industrial grade calcium chloride can be described as a solidifying agent in paint production, coagulant in the manufacture of rubber, chloridizing agent and additive in metallurgy, additive in the paper industry including deinking of recycled paper, dye production, and printing, coagulant for sodium alginate in the chemical industry, and as a refrigeration aid.

Based on product type, the market is fragmented into liquid, hydrated solid, and anhydrous solid. During the forecast period, the liquid segment is likely to dominate the global calcium chloride market. Liquid calcium chloride is generally used in many industries and includes concrete acceleration, tire weighting, brine refrigeration systems, wastewater treatment, and as a calcium source for chemical processing. In addition, liquid calcium chloride is non-reactive, has precise composition, and is highly effective in comparison with their product types.

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Based on raw material, the market is fragmented into natural brine, Solvay process, limestone and hclw, and others. During the forecast period, the natural brine segment is likely to dominate the global calcium chloride market. As calcium chloride is refined from naturally occurring brines such as salt lakes and salt deposits. So, the natural brine method is preferred by manufacturers because of its cost-effectiveness. It also causes less impact on the environment. In addition, natural brine is used as a clear brine fluid during drilling and oilfield completion operations in the oil & gas industry. Furthermore, the factors justify its use in the market which will drive its growth during the forecasted period.

Based on application, the market is fragmented into de-icing, dust control and road stabilization, drilling fluids, construction, industrial processing, and others. In 2020, the de-icing segment is seen dominating the growth of the calcium chloride market. Calcium chloride is a better de-icer as compared to other compounds such as sodium chloride, sand, and abrasives. In addition, they are cost-effective which drives the market growth of de-icing calcium chloride. perpendicular to the gas flow.

For a better understanding of the market adoption of the scrubber system, the market is analyzed based on its worldwide presence in the regions such as North America; Europe; Asia-Pacific; and the Rest of World. North America is likely going to dominate the calcium chloride market during the forecasted period. The demand is being driven by the growing drilling operations accompanied by the increasing need for de-icing activities due to uncertain climatic changes in the region. In addition, North America has extreme weather conditions throughout the winter season which provides an incentive to use of calcium chloride in snow removal since it is an excellent deicer. For instance, North American highway authorities pour about 15 million tons of calcium chloride salt on highways to provide sufficient grip and traction for vehicle tires against ice on the road every year.

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Some of the major players operating in the market include Tangshan Sanyou Chemical Industries Co. Ltd., Zirax Limited, Ward Chemical Ltd., Tiger Calcium Services Inc, Occidental Chemical Corporation, TETRA Technologies Inc., Solvay S.A., Sitara Chemical Industries Ltd, Weifang Haibin Chemical Co. Ltd, Nedmag B.V. Several M&As along with partnerships have been undertaken by these players to develop the calcium chloride market.

Global Calcium Chloride Market Segmentation

Market Insight, by Grade

• Food
• Industrial

Market Insight, by Product Type

• Liquid
• Hydrated Solid
• Anhydrous Solid

Market Insight, by Raw Material

• Natural Brine
• Solvay Process (by-Product)• Limestone and HCL• Others

Market Insight, by Application

• De-Icing
• Dust Control and Road Stabilization• Drilling Fluids• Construction• Industrial Processing• Others

Market Insight, by Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Rest of World

Top Company Profiles

• Tangshan Sanyou Chemical Industries Co. Ltd.
  • Zirax Limited
  • Ward Chemical Ltd.
  • Tiger Calcium Services Inc
  • Occidental Chemical Corporation
  • TETRA Technologies Inc.
  • Solvay S.A.
  • Sitara Chemical Industries Ltd
  • Weifang Haibin Chemical Co. Ltd
  • Nedmag B.V.