Press release
Global Calcium Chloride Market Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2022
Market Research Future has a half cooked research report on Global Calcium Chloride Market. Global market for calcium chloride is growing rapidly and expected to continue its growth by the end of 2022Market Highlights
Calcium chloride is an ionic compound of calcium and chlorine. It is salt that is solid at room temperature and behaves typical ionic halide. It has several applications such as deicing & dust control, oil & Gas, construction and others.
Global Calcium Chloride Market is growing at the CAGR of 4.1% from 2016 and it is expected to continue this growth till 2022 reaching 1.49 billion. The growing demand for calcium chloride is anticipated to remain steady as it is the key chemical utilized for deicing. Its liquid form is used in deicing and dust control which accounted for 40% in the global market share of calcium chloride in 2015. The contribution of oil & gas segment in the growth of the calcium chloride market is anticipated to increase significantly due to the rising demand for the same. As it is used in completion fluids and drilling fluids. Therefore, in countries like U.S., Japan, and Canada calcium chloride is extensively used for managing the after effects of heavy snowfall.
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Key Players:
• Solvay,
• Tiger Calcium Services Inc.,
• BJ Services Company,
• Occidental Chemical Corporation (OxyChem),
• Qingdao Huadong
• Calcium Producing Co. Ltd.,
• Tangshan Sanyou Group,
• TETRA Chemicals (Tetra Technologies, Inc.),
• Ward Chemical,
• Weifang Haibin Chemical Co. Ltd.,
• Weifang Taize Chemical Industry Co. Ltd.,
Segmentation:
Global Calcium Chloride Market is majorly segmented on the basis of application which includes De-Icing & dust control, oil & gas, construction and others
Calcium Chloride Market:
Known to retain moisture for exceptionally longer durations, calcium chloride is used on unpaved road as a cost effective dust suppressant. The growing awareness about simple solutions for dust control is expected to increase the demand for calcium chloride in the coming years. The booming construction industry subsequently rising demand for cement is also expected to propel the growth of the global calcium chloride market. This compound is used as a concentrate accelerator to speed up the cement setting rate. It also helps in reducing the alkali content in cement, which is known to prevent cracking.
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Regional Analysis
Asia Pacific and U.S. region is expected to maintain its dominance in the global market owing to increasing domestic demand for Calcium Chloride by the chemical industry in these countries. Emerging market of China, Japan and India is expected to boost the calcium chloride market in Asia Pacific which has the largest market share with respect to the growth of the global calcium chloride market followed by Europe, Middle East and rest of the world.
Taste the market data and market information presented through more than 50 market data tables and figures spread over 135 Numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Calcium Chloride Market – Forecast to 2022”
Brief TOC of Calcium Chloride Market
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
Continued…..
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