Calcium Chloride Market Research provides an In Depth Analysis , Dynamic Demand & Top 5 Company Forecast Report by 2028

Posted on Sep 20 2021 2:21 PM

"Top companies profiled in Sameer Chemicals , Sitara Chemical Industries Ltd , Nedmag Industries , Ward Chemical , Tiger Calcium Services and more players profiled in calcium chloride market research report.."

The global calcium chloride market size is expected to gain momentum owing to the increasing demand in de-icing activities and dust control during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Calcium Chloride Market, 2021-2028.” The market is driven by widespread use of the product in wastewater treatment due to its low-cost calcium ion source and pH regulations for wastewater effluent treatment. A significant increase is witnessedin the application of the chemical in agriculture and waste treatment industries as the demand for wastewater effluent treatment grows.


COVID-19 Impact-

The COVID-19 pandemic has had a significant influence on the market. The demand is expected to be affected by the rise in oil and gas prices, as well as industrial operations such as building and food processing, as a result of the pandemic. The epidemic has caused many industries in this sector to adapt. Furthermore, regional and global transportation have been delayed as a result of the lockdown applied in several nations, which has had a substantial influence on the supply chain of multiple sectors.


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By grade, the market is segmented into food grade, pharmaceutical grade, agricultural grade, and industrial grade. On the basis of application, the market is segregated into de-icing & dust control, drilling fluids, agriculture, healthcare, construction, food & beverages, and other applications. Finally, by geography, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa


What does the Report Offer?

The report examines to gain a thorough understanding of the worldwide market dynamics such as drivers, constraints, market challenges, opportunities, influencing factors, and trends are studied in depth. The research involves segmental analysis, in which key type, application, and geographic segments are examined in depth. The market research report also includes information on important industry events that have occurred throughout the years in the market.


Drivers & Restraints-

Increasing Demand in Food Industry to Stimulate Growth

The increasing demand in the food processing industry is expected to boost the global calcium chloride market growth during the forecast period. The increasing use of chloride as a food preservative in the food processing industry is predicted to propel the growth of the market. Besides, it is commonly used in the food industry for making cheese, brewing beer, tenderising meat, and firming canned vegetables and fruits. The growing worldwide population, combined with rising consumer income levels, further propels the food businesses forward, boosting sales during the forecast period.


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North America to Remain Dominant; Demand for Drilling Fluids to Propel Growth

North America is expected to hold the largest global calcium chloride market share during the forecast period. The product is utilized as a de-icing agent, and is in high demand in the region due to the harsh cold weather conditions. Moreover, the rising use in the manufacturing of drilling fluids in countries such as the United States is likely to lead to regional growth.

Asia Pacific is anticipated to hold a significant position in the market. This is owing to the rising demand from several end-use industries. Furthermore, higher government spending on infrastructure construction is expected to drive market growth over the next few years.


Competitive Landscape-

Manufacturers to Focus on R&D Investments to Offer Advanced Products

The manufacturing companies have a significant impact on the value chain due to their higher level of forward integration. All of these manufacturing enterprises produce both raw materials and finished products, which are used in a variety of applications. The industry's capital-intensive nature and the extensive distribution network of existing firms minimise the threat of new competitors.


Industry Development-

  • March 2020: Junction Capital Partners announced the acquisition of Wilkinson Chemical, LLC, which distributes calcium chloride solutions. The company plans to start shipping American Society for Testing and Materials (ASTM)-specified liquid calcium chloride.


List of Key Players Profiled in the Global Market for Calcium Chloride:

  • Sameer Chemicals
  • Sitara Chemical Industries Ltd
  • Nedmag Industries
  • Ward Chemical
  • Tiger Calcium Services


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