NEW YORK, Dec. 13, 2023 /PRNewswire/ — The calcium chloride market is expected to grow by USD 406.96 million from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 5.64% during the forecast period, according to Technavio. Recovery of the oil and gas industry is notably driving the calcium chloride market. However, factors such as diminishing limestone reserves and stringent regulations may impede market growth. The market is segmented by application (de-icing and dust control, oil and gas, construction, pharmaceuticals, and others), product type (hydrated solid, anhydrous solid, and liquid), and geography (North America, Europe, APAC, Middle East and Africa, and South America). We provide a detailed analysis of 20 companies operating in the calcium chloride market including ECPlaza Network Inc., Junction Capital Partners, Keg River Chemical Corp., Koruma Klor Alkali San, NAMA Chemicals, Nedmag BV, Occidental Petroleum Corp., Sameer Chemicals, Sitara Chemical Industries Ltd., Solvay SA, Tengfei Chemical Calcium Co. Ltd., TETRA Technologies Inc., Tiger Calcium Services Inc., Ward Chemical Inc., Weifang Haibin Chemical Co. Ltd., Weifang Taize Chemical Industry Co. Ltd, Zirax, Auro Chemical Industries Pvt. Ltd., Hawkins Inc., and Sulaksh Chemicals.
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Calcium Chloride Market 2023-2027: Company Analysis
ECPlaza Network Inc. – The company offers calcium chloride which is in lumps and powder form and it has diverse roles in various industries.
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Calcium Chloride Market 2023-2027: Segmentation
Application
- The de-icing and dust control segment is estimated to witness significant growth during the forecast period. In cold regions, it mainly acts as a de-icing agent and has more efficiency than sodium chloride, magnesium chloride, or Urea. The natural hygroscopic properties of the product help it retain moisture and reduce dust on road surfaces when used as a control agent for dust.
- Other segments include Product Type (Hydrated solid, Anhydrous solid, and Liquid)
Geography
- North America is estimated to contribute 49% to the growth of the global market during the forecast period. The growth is due to the increasing demand for calcium chloride in end-user industries, such as oil and gas. US, Canada, and Mexico are the key contributors to the market in the region.
- Other regions include Europe, APAC, Middle East and Africa, and South America
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Calcium Chloride Market 2023-2027: Key Highlights
- Historic Market Size 2017-2021
- CAGR of the market during 2023-2027
- Detailed information on factors that will assist calcium chloride market growth during the next five years
- Estimation of calcium chloride market size and its contribution to the parent market
- Forecasts on upcoming trends and changes in consumer behavior
- The growth of the calcium chloride market
- Analysis of the competitive landscape and detailed information on companies
- Comprehensive details of factors that will impede the growth of calcium chloride market companies
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Calcium Chloride Market Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.64% |
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Market growth 2023-2027 |
USD 406.96 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
5.02 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Performing market contribution |
North America at 49% |
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Key countries |
US, China, India, Germany, and France |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ECPlaza Network Inc., Junction Capital Partners, Keg River Chemical Corp., Koruma Klor Alkali San, NAMA Chemicals, Nedmag BV, Occidental Petroleum Corp., Sameer Chemicals, Sitara Chemical Industries Ltd., Solvay SA, Tengfei Chemical Calcium Co. Ltd., TETRA Technologies Inc., Tiger Calcium Services Inc., Ward Chemical Inc., Weifang Haibin Chemical Co. Ltd., Weifang Taize Chemical Industry Co. Ltd, Zirax, Auro Chemical Industries Pvt. Ltd., Hawkins Inc., and Sulaksh Chemiclas |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Product Type
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
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Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
