Calcium Chloride Market Projected to Witness a Single-Digit CAGR During 2017-2027

Market Definition and Introduction

Calcium chloride is an inorganic, colorless, crystalline salt, which is highly soluble in water. This inorganic compound finds important application in de-icing operations, and in dust control. The calcium chloride anhydrous salt is hygroscopic in nature, and hence is also used as a desiccating agent.

Calcium chloride displays important properties such as its ability to help depress the freezing point of water, thereby used to prevent the formation of ice, as well its use as a de-icing agent. Calcium chloride has also been found to be relatively reasonably harmless to plants and the soil, thereby finding vast, voluminous usage as a de-icing agent on roads. Calcium chloride has a higher effectiveness vis-à-vis sodium chloride, as a de-icing agent, at lower temperatures. This makes it an attractive substitute for sodium chloride. Calcium chloride solutions have the ability to inhibit freezing at temperatures as low as –52 degrees Celsius. This renders calcium chloride an ideal chemical for anti-freezing applications in extremely cold climatic conditions. Calcium chloride also finds applications in domestic & industrial de-humidification operations due to its hygroscopic nature.

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Considering these important aspects of applications of calcium chloride, the study of the calcium chloride market becomes an important read.

Market Segmentation

On the basis of end use, the calcium chloride market is segmented as follows:

Industrial grade calcium chloride
Agriculture grade calcium chloride
Food grade calcium chloride
Pharmaceutical grade calcium chloride

On the basis of application, the calcium chloride market is segmented as follows:

De-icing
Dust Control
Drilling Fluids
Construction
Industrial Processing
Agriculture
Others (pharmaceuticals, food, etc.)

Key Trends, Drivers

In recent times, there has been a rapidly rising demand for calcium chloride, particularly in de-icing operations, and in dust control procedures. In the upstream petroleum industry, calcium chloride has been finding increasing applications to augment the density of solids-free brines. It is also used in hydraulic fracturing operations. Besides, calcium chloride has also been playing an integral role in the establishment & maintenance of oil & gas wells. Hence, the growth of the exploration & production activity by oilfield services & drilling companies has been contributing significantly to the market growth of calcium chloride across the globe, in recent times. It is also used to provide inhibition of swelling clays in the water phase of invert emulsion drilling fluids. In the wastewater treatment industry, there has been a rising demand for calcium chloride due to its contribution as a low-cost source of calcium ions and pH regulation abilities in wastewater treatment. It finds extensive use in the treatment of oily wastes and the elimination of many inorganic compounds, including fluorides, phosphates, and heavy metals. Multiple industries such as metal & metal processing (aluminum, steel, metal finishing and electroplating), glass and ceramics, chemical fertilizers, electronics, commercial laundries, and municipal wastewater treatment plants have been increasingly using calcium chloride to treat their wastewater effluents. These factors are expected to fuel the growth of the global calcium chloride market, in the next few years.

However, in the food industry, the rising use of calcium chloride has been proving to pose serious health risk to workers handling the chemical in pure form. This is so because, calcium chloride has been found to irritate the respiratory tract, which causes coughing and breathlessness. Besides, ingestion of calcium chloride also poses health problems such as the irritation of the moist linings of the body, cause gastrointestinal upset, vomiting and abdominal pain. Solid calcium chloride may cause mild skin irritation. If calcium chloride has a skin contact when the skin is moist, the irritation caused is very severe and in some cases, even causes burns. These undesirable properties have been proving to be detrimental to the market growth rate of calcium chloride.

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Market Participants

Examples of the market participants in the calcium chloride market are as follows:

Tetra Technologies, Inc.
Occidental Petroleum Corporation
Solvay S.A.
Tokuyama Corporation
Nedmag Industries
Tiger Calcium Services Inc.
AGC Chemicals
Tata Chemicals Ltd.
Ciech Group
TangShan SanYou Chemical Industries Co., Ltd.

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This release was published on openPR.