openPR Logo
Press release

Demand for Deicing in Nations Facing Severe Winters Fuels Prospects for Global Calcium Chloride Market 2024

08-01-2017 07:38 AM CET | Industry, Real Estate & Construction

Press release from: Transparency Market Research

Calcium Chloride Market

Calcium Chloride Market

De-icing is one of the primary uses of calcium chloride in the chemical industry. In addition, the demand for calcium chloride has surged steadily in the cement industry, where it is used as a concrete accelerator. The pace at which construction activities are rising worldwide, especially in the developing regions, is expected to augment the demand for calcium chloride in the coming years.

However, the oversupply of calcium chloride on account of its cheap and affordable mean of production could create challenges for the global calcium chloride market. Furthermore, its corrosive nature could restrict the market’s growth in the coming years to an extent. Against this backdrop, the global calcium chloride market will continue exhibiting a positive CAGR of 4.2% between 2016 and 2024. At this pace, the market is expected to reach US$1.52 bn by the end of 2024. According to Transparency Market Research (TMR), the market stood at US$1.04 bn in 2015.

Browse Market Research Report @ http://www.transparencymarketresearch.com/calcium-chloride-market.html

Which region will exhibit the most demand for calcium chloride?

Regionally, North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa constitute the key segments within the global calcium chloride market. Among these regions, North America held dominance with a share of nearly 45% in terms of volume in the overall market in 2015. In colder countries, calcium chloride is extensively used for de-icing activities during severe snowfall. Besides this, the rising mining activities worldwide is likely to fuel the demand for calcium chloride in the coming years.

What factors are supporting the market’s growth?

The rising demand for calcium chloride to be used in deicing will remain the chief driver of the global calcium chloride market. Considering the purpose it serves, Japan, Canada, and the US, besides other countries experiencing severe snowfalls during the months of winter, will naturally offer the most lucrative prospects for the market. Besides deicing, the rising use of calcium chloride for dust control applications will augur well for the overall market.

Calcium chloride can retain moisture for long durations hence it used in unpaved road surfaces as a cost-effective dust suppressant. This is yet another application that will continue gaining traction for the market. In the coming years, the awareness regarding dust control solutions is expected to rise, which will in turn fuel the demand for calcium chloride. In addition, the booming construction industry in emerging nations will result in the higher demand for cement, subsequently creating an environment conducive to the growth of the global calcium chloride market.

Make an Enquiry @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3239

Which companies are likely to be at fore of the global calcium chloride market?

The global calcium chloride market exhibits a highly consolidated vendor landscape, with three companies commanding dominance. According to TMR, OxyChem, TETRA Chemicals, and B .J Services held over 69% of the global market in 2015. Despite the prevailing consolidation, these companies are focused on gaining competitive advantage by expanding their regional footprint and widening sales and distribution channels across emerging nations. The diversifying uses of calcium chloride have provided these companies with an opportunity to update their policies and gain edge over competition.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us:-

Transparency Market Research

90 State Street, Suite 700, Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/

Visit Blog: http://marketresearchreports2017.blogspot.in

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Demand for Deicing in Nations Facing Severe Winters Fuels Prospects for Global Calcium Chloride Market 2024 here

News-ID: 649260 • Views: 321

More Releases from Transparency Market Research

Global Waste to Energy Market is Presumed to be Valued at US$ 32 Bn by 2026
Overview TMR’s report on the Waste-to-energy Technologies Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Waste-to-energy Technologies Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Waste-to-energy Technologies Market over the forecast period.
FPSO Market is Likely to Reach a Value of US$ 66 Bn by 2026
Overview TMR’s report on the FPSO Vessels and Equipments Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the FPSO Vessels and Equipments Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the FPSO Vessels and
Recycled Plastic & Plastic Waste to Oil Market Demand and Growth Analysis with F …
Overview TMR’s report on the Recycled Plastics & Plastic Waste to Oil Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Recycled Plastics & Plastic Waste to Oil Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely
Chlorinated Paraffins Market – Size will Observe Lucrative Surge by the End202 …
Overview TMR’s report on the Chlorinated Paraffin Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Chlorinated Paraffin Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Chlorinated Paraffin Market over the forecast period.

All 5 Releases


More Releases for TMR

TMR Research
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
TMR
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
TMR - 3D Printing Materials Market by 2020
The global 3D printing materials market will exhibit a CAGR of 18.0% between 2014 and 2020. The market was valued at US$450 mn in 2013 and is expected to reach US$1.4 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “3D Printing Materials - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” is available for sale
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the