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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Calcium Chloride Market Outlook
The global calcium chloride market attained a value of USD 2.32 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 7.4% to reach USD 4.42 billion by 2032.
Based on industrial application, the de-icing and dust control industries together hold a significant share in the market, followed by the construction industry. Calcium chloride is suitable to be used as a drying agent and is highly soluble in water. Due to its versatile properties, it can also be used as a preservative ingredient in many processed foods. The global rise in population and disposable incomes has been increasing the demand for food processing and the requirement for infrastructure, which is aiding the calcium chloride market. Calcium chloride can be used as a pH balancer in swimming pools. Adding calcium chloride in the swimming pool reduces the erosion of concrete.
The demand for the product is highly driven by North America and Europe due to its rising demand in the regions for its de-icing properties. The market is experiencing growth in the Asia Pacific region, owing to the growing infrastructure and construction industry.
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Properties and Applications
Calcium chloride has an ionic bond between calcium and chlorine. It has properties to reduce the freezing point, suppress dust particles on-road, and decrease air pollution.
The major product types in the industry are:
- Liquid
- Hydrated Solid
- Anhydrous Solid
The industry is divided based on raw material into:
- Natural Brine
- Solvay Process (by-Product)
- Limestone and HCl
- Others
The market is segregated based on grade into:
- Food Grade
- Industrial Grade
The market can be broadly categorised on the basis of industrial application into:
- De-Icing
- Dust Control and Road Stabilisation
- Drilling Fluids
- Construction
- Industrial Processing
- Others
The EMR report looks into the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Market Analysis
The demand for calcium chloride is highly driven by dust control and de-icing industries. The market is anticipated to further grow with the rising product demand in the oil and gas industry. The market is also expected to be aided by the construction industry. The industry has a high potential to grow in the agricultural and water treatment sector as well.
The de-icing application, which drives the calcium chloride market, is not considered safe for the environment due to the excessive chloride levels in the environment. This might restrict the growth of the market in the future.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global calcium chloride market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Occidental Chemical Corporation
- TETRA Technologies, Inc.
- Solvay
- Tiger Calcium
- Ward Chemical Ltd.
- Hawkins Inc.
- Zirax Limited
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Raw Material |
|
| Breakup by Grade |
|
| Breakup by Industrial Application |
|
| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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Calcium Chloride Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global calcium chloride market attained a value of nearly USD 2.32 billion.
The market is projected to grow at a CAGR of 7.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 4.42 billion by 2032.
The major market drivers include the growing demand for calcium chloride in dust control and de-icing applications, the flourishing food processing sector, and the high solubility of calcium chloride in water.
The key trends guiding the market include the growing infrastructure development and construction activities, the rising demand for calcium chloride in oil and gas applications, and the surging use of calcium chloride in water treatment applications.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Liquid, hydrated solid, and anhydrous solid are the major calcium chloride product types in the market.
The significant raw materials of calcium chloride considered in the market report include natural brine, solvay process (by-product), limestone and HCl, among others.
Food grade and industrial grade are the significant grades of calcium chloride.
De-icing, dust control and road stabilisation, drilling fluids, construction, and industrial processing, among others, are the major industrial applications of calcium chloride.
The major players in the market are Occidental Chemical Corporation, TETRA Technologies, Inc., Solvay, Tiger Calcium, Ward Chemical Ltd., Hawkins Inc., and Zirax Limited, among others.
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