Title: Calcium Chloride Market Analysis to 2024 and Forecasts
1Calcium Chloride Market Research Report during
2017-2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2Regional Analysis of Calcium Chloride Market
- North America calcium chloride market is the
fastest growing region owing to high product
demand for the product as a dust controlling and
de-icing agent in the region. -
- Asia Pacific is expected to experience
significant growth owing to rising calcium
chloride market demand from several end use
applications. In addition, growing spending on
infrastructural developments by governments will
benefit the global calcium chloride market. - Middle East Africa calcium chloride market is
projected to grow rapidly due to emergence of
several industries in the region.
3Application Analysis of Calcium Chloride Market
- Calcium chloride is an ionic compound of chlorine
and calcium. It is a salt, hard at room
temperature and pose typical ionic halide
features. It is used in various applications
including ice and dust control on roads, in
cement and as brine for refrigeration plants. It
can be manufactured directly from limestone and
by solvay process for large amount production. - The product is used as a salt to refill calcium
levels in the body in form of antidote for
magnesium poisoning and as an acid-producing
diuretic. As a pH buffer, it is also used in
swimming pool water to adjust the level of
calcium hardness in the water. It is widely used
in concrete mixes to benefit in speeding up the
early setting in construction. However, possible
side-effects of calcium chloride and stringent
government regulations may hinder market growth.
4Application Analysis of Calcium Chloride Market
- Calcium chloride is available in several types
including, flakes, prills, pellets and liquid
grade. It is a specialty chemical used in a
variety of applications including oil gas,
food, construction and pharmaceuticals. The
functional property of the product to reduce the
freezing point of water brands it a significant
compound in colder regions. Substantial number of
road accidents occurring due to ice and snow are
prevented using calcium chloride as a deicing
agent on roads.
5Competitive Market Share of Calcium Chloride
Market
- Calcium Chloride Market is highly concentrated
due to the presence of top key companies taking
more than half of the global market share. These
major players are now concentrating on backward
integration to overcome instability in prices and
availability of raw materials and gain
competitive advantage over other important
players of the industry. -
- Some of the key players include Tetra Chemicals,
Qingdao Huadong Calcium Producing, BJ Services
Company, Tangshan Sanyou, Zirax, Solvay and
OxyChem.
6Competitive Market Share of Calcium Chloride
Market
- Other prominent players are Keg River Chemical,
Occidental Petroleum, Auro Chemical, MFC
Industrial, Weifang Taize Chemical Industry, Ward
Chemicals, Sulaksh Chemicals, Weifang Haibin
Chemical, B. J. Services, Weifang Haibin
Chemical, PVS Chemicals, Aditya Birla Chemicals,
Nedmag, The Dow Chemical, Gujarat Alkalies and
Aarti Industries. - In 2012, MFC Industrial Ltd. Acquired major
interests in the U.S. based ACC Resources and the
Mexican raw material and chemicals company,
Possehl Mexico. This acquisition of these firms
helped MFC Industrial Ltd to expand its global
supply chain network, by entering Latin and North
American markets. In addition, product lines of
these companies aided to integrate well with MFC
existing commodity business.
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