Calcium chloride is a versatile product providing unique contributions in widely varying applications. Deicing, oil & gas and construction are one of the most promising growth areas in calcium chloride market. Calcium chloride is deliquescent, meaning it’s able to absorb moisture from the air. This property makes it ideal for controlling dust and, as a result, keeping road surfaces stable. Once calcium chloride has absorbed all the moisture it can hold, it dissolves and spreads as it tries to return to a liquid. This is why relatively little calcium chloride is needed to control dust and melt snow and ice. Calcium chloride plays most important role in mining applications as a maintenance material for haul roads by controlling dust. Thus, demand for calcium chloride in Asia Pacific and North Ameica is expected to witness an upsurge, offering strong growth and investment opportunities for manufacturers during the forecast period. Market size and forecast of each application is presented for the period 2019 to 2029 along with respective CAGR % for the forecast period 2021-2029.

The market size and forecast for the period 2019-2029 along with the CAGRs for the period 2021-2029 for the mentioned segments are also presented in this study.

Qualitative information sets such as market dynamics (drivers, challenges and opportunities) and market inclination insights are provided in this market assessment report. Tools such as competition assessment and attractive investment proposition are also included in this study for assessment of market competition. The report concludes with company profiles section that highlights key information about the major market players operating in the global calcium chlorides market.

Keg River Chemical, Occidental Petroleum Corp. (OxyChem), Qingdao Huadong Calcium Producing Co. Ltd., Solvay SA, Tangshan Sanyou Group, TETRA Chemicals (Tetra Technologies, Inc.), Tiger Calcium Services Inc., Ward Chemical, Ward Chemicals, Inc., Weifang Haibin Chemical Co. Ltd., Weifang Taize Chemical Industry Co. Ltd., Zirax Ltd., B. J. Services Company, etc. are few key manufacturers in calcium chlorides market.

Purpose of the Report

The purpose of this strategic research study titled “Calcium Chloride Market - Growth, Opportunities, Share & Competitive Analysis, 2021 – 2029” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the calcium chloride market.

Target Audience

• Industry Investors
• Procurement Managers from End-user Companies
• Calcium Chloride Manufacturers
• Distributors

USP and Key Offerings

The report titled “Calcium Chloride Market - Growth, Opportunities, Share & Competitive Analysis, 2021 – 2029” offers strategic insights into the overall Calcium Chloride market along with the market size, and estimates for the duration 2021 to 2029. The said research study covers in-depth analysis of multiple market segments based on applications and cross-sectional study across different regions.

In order to help strategic decision makers, the report also includes competitive profiling of the leading players in calcium chloride market in terms of their product portfolio, financial health and business strategies. Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the calcium chloride industry
• Market drivers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Historical market size and data (2019 & 2020)

Overall, the research study provides a holistic view of the calcium chloride market, offering market size and estimates for the period from 2019 to 2029, keeping in mind the above mentioned factors.

Based on application, the calcium chloride market is categorized into following segments:

• Deicing
• Dust Control
• Drilling Fluids
• Construction
• Industrial Processing
• Others (Food, Mining, Paper manufacture, etc.)

In 2020, the de-icing and dust control segment dominated the global calcium chloride market and will continue to dominate the market in upcoming years. Various factors such as the effective road stabilization, de-icing capability at low temperatures and dust abatement properties, are the key contributors to the dominance of this segment in the global calcium chloride market. It is widely used in oil & gas industry as an additive to oil well completion fluids, for cementing finished oil wells, drilling mud additive and drying petroleum fractions applications. Calcium chloride also finds its application in dust control and removal (coal dust, mine dust, etc.). Demand for calcium chloride is likely to grow in upcoming years owing to increasing demand from various end use industries.

In base year 2020, North America was observed as the largest market for calcium chloride followed by Asia Pacific and Europe. Due to increasing end use industries, North America region has registered significant growth rate in past few years.

Asia Pacific and North America are the most sought after regional markets in terms of growth opportunities for upcoming years for calcium chloride. Asia Pacific is expected to achieve highest growth rate compared to other regions due to presence of countries such as China, India and Japan which are observing significant growth. The calcium chloride market in APAC is estimated to witness fastest CAGR due to an increase in the demand from construction, oil & gas, petrochemical industries, etc.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Calcium chloride market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Calcium chloride market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Calcium chloride market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Calcium chloride market?
• Which is the largest regional market for Calcium chloride market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Calcium chloride market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Calcium chloride market worldwide?