Calcium Chloride Market Report Puts Limelight on Sales Volume, Price, Revenue, Gross Margin, Historical Growth & Future Perspectives by 2024: Radiant Insights, Inc.
SAN FRANCISCO, Nov. 12, 2019 /PRNewswire/ -- The global Calcium Chloride Market is expected to witness a major overhaul in the upcoming period. This is attributed to growing usage in dust control and de-icing. Calcium chloride has the capacity of lowering water's freezing point. This is another factor bolstering the market. As such, the product turns out to be feasible as one of the deicers with respect to removal of snow and ice on walkways, sideways, and driveways. As governments across the globe ask for pollution control, calcium chloride would escalate in demand; as it could be applied as dust control agent due to suppression of dust on paths or roads by forming a mixture in the air.
Market Segmentation
The calcium chloride market is segmented based on product, application, and geography. By product, the market spans food grade and technical grade. By application, it constitutes animal sterilization, chemical synthesis, food processing & metallurgical industries, medicine, construction, oil & gas, de-icing & dust control. By geography, the market says North America, Europe, Asia Pacific, LATAM, and MEA.
Regional Insights
North America rules the roost; thanks to extreme cold. Europe comes in second. Asia Pacific is expected to grow at the fastest pace due to the ever-increasing expenditure with regards to infrastructural developments by the developing economies like India and China. MEA is expected to be the torchbearer in the near future as the application of dust control would look upon calcium chloride with great effect in oil & gas industry.
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Players
The players contributing to the calcium chloride market include Qingdao Huadong Calcium Producing Co. Ltd.; Zirax Ltd.; Weifang Taize Chemical Industry Co. Ltd.; Tiger Calcium Services Inc.; Tangshan Sanyou Group and Solvay SA; TETRA Chemicals (Tetra Technologies, Inc.); and Keg River Chemical. These players are likely to have a remarkable effect on value chain via forward integration. These companies not only produce raw materials but also the ultimate product.
The analysts forecast the global calcium chloride market to exhibit a CAGR of 4.67% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global calcium chloride for 2019-2024. To calculate the market size, the report considers the calcium chloride sales volume and revenue.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, product, and application.
Access 117 page research report with TOC on "Global Calcium Chloride Market" available with Radiant Insights, Inc. @: https://www.radiantinsights.com/research/calcium-chloride-market
Market Segmentation:
- Geographically, the global calcium chloride market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2024.
- North America (U.S., Canada, Mexico, etc.)
- Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
- Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
- South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)
- On the basis of product, the global calcium chloride market is segmented into:
- Food Grade Calcium Chloride
- Technical Grade Calcium Chloride
- Based on application, the calcium chloride market is segmented into:
- Oil & Gas
- Road Maintenance
- Food Additive
- Agriculture
- Chemical Intermediate
- Water Treatment
- Industrial
- The report also includes a discussion of the key vendors operating in this market. Some of the leading players in the global calcium chloride market are:
- Aarti Industries Limited (AIL)
- Aditya Birla Chemicals (India) Limited
- Great Lakes Chloride, Inc.
- Hill Brothers Chemical Co.
- Koruma Klor Alkali A.
- LUXI Group
- Nedmag B.V.
- Oxy Chemical Corporation
- Premier Chemicals Ltd.
- Quimica del Cinca, S.L.U.
- SEQENS GROUP
- Solvay S.A.
- Tangshan Sanyou Group Co., Ltd.
- Tessenderlo Group NV
- TETRA Technologies, Inc.
- Objective of the study:
- To analyze and forecast the market size of global calcium chloride market.
- To classify and forecast global calcium chloride market based on region, product, and application.
- To identify drivers and challenges for global calcium chloride market.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., in global calcium chloride market.
- To conduct pricing analysis for global calcium chloride market.
- To identify and analyze the profile of leading players operating in global calcium chloride market.
- The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience is:
- Manufacturers of calcium chloride
- Raw material suppliers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to calcium chloride
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