Press release
India Calcium Chloride Market: Industry Overview, Leading Vendors, Size, Opportunities and Forecast 2023-2028
India Calcium Chloride Market
IMARC Group's latest research report, titled "India Calcium Chloride Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the India calcium chloride market is expected to exhibit a growth rate (CAGR) of 3.6% during 2023-2028
Calcium Chloride Uses in India:
Calcium chloride is an ionic compound of chlorine and calcium, which is an organic combination occurring naturally in the form of beads and stored in airtight containers on account of its hygroscopic nature. It is deliquescent and immiscible in water and is used in water treatment plants to remove impurities from drinking water. Additionally, it is used in the oil and gas industry to help extract oil and gas from underground sources. It is also utilized in the production of cement, as a drying agent in desiccant products, and as a supplement for animals and plants to provide them with the necessary calcium and chloride ions for growth and development. It also finds extensive applications in agriculture, paint, rubber, food and beverage (F&B), and transportation industries.
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India Calcium Chloride Market Growth and Development:
The growing utilization of calcium chloride in the food and beverage industry is driving the market in India. Along with this, the increasing demand for de-icing agents is fuelling the market as calcium chloride is a highly effective de-icing agent and is widely used to prevent ice and snow formation on roads, highways, and sidewalks. Additionally, the rising construction activities, especially in developing economies, are propelling the growth of the market. Along with this, the increasing adoption of calcium chloride in the mining industry to control dust and stabilize underground mining operations is acting as another growth-inducing factor. Apart from this, calcium chloride acts as a prescription medicine, which is widely used to treat arrhythmias, hypocalcemia, hypermagnesemia, and calcium channel blocker and beta-block overdose, this is creating a positive market outlook.
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Key Market Segmentation:
Breakup by Application:
• De-Icing
• Dust Control and Road Stabilization
• Drilling Fluids
• Construction
• Industrial Processing
• Others
Breakup by Product Type:
• Liquid
• Hydrated Solid
• Anhydrous Solid
Breakup by Raw Material:
• Natural Brine
• Solvay Process (by-Product)
• Limestone and HCL
• Others
Breakup by Grade:
• Food Grade
• Industrial Grade
Breakup by Region:
• North India
• West and Central India
• South India
• East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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