Press release
North America Calcium Chloride Market 2024: Size, Share, Demand Analysis, Price Trends and Report by 2032
The North America calcium chloride market size reached 2.40 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 2.80 Million Tons by 2032, exhibiting a growth rate (CAGR) of 1.7% during 2024-2032.
North America Calcium Chloride Market Overview:
Calcium chloride is a versatile chemical compound widely used across various industries in North America. Known for its hygroscopic properties, as it can absorb moisture from the air, calcium chloride appears as a white crystalline solid at room temperature. It is highly soluble in water and releases heat when dissolved, a property that is useful in several applications. Calcium chloride is prominently used for de-icing and controlling dust on roads. Its ability to lower the freezing point of water makes it effective in preventing ice formation on roadways and sidewalks, enhancing winter safety.
Additionally, its moisture-absorbing properties help to keep dust particles down on unpaved roads, contributing to improved air quality and visibility.
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North America Calcium Chloride Market Trends:
The extensive use of calcium chloride in various industries, such as oil and gas, construction, and de-icing, is driving the market in North America. In the oil and gas industry, calcium chloride is utilized for its properties as a drilling fluid additive, enhancing the efficiency of drilling operations. The substance helps in stabilizing and thickening the drilling mud, which is crucial for the extraction process.
Moreover, the construction sector also significantly contributes to the demand for calcium chloride. It is used as a concrete accelerator, helping speed up the setting time of concrete, which is especially beneficial in colder climates. With a robust construction industry in North America, driven by both residential and commercial developments, the requirement for calcium chloride in construction applications remains high. Moreover, calcium chloride is widely used in the region for de-icing and dust control purposes.
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/north-america-calcium-chloride-market
North America Calcium Chloride Industry 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 Country:
• United States
• Canada
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 (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
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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