Increase in Drilling Activities Expected to Drive Global Calcium Chloride Market: Ken Research

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The calcium chloride is an ionic compound of calcium and chlorine, which is highly soluble in the liquid. It is commercially available as anhydrous and di-hydrate flakes, pellets, and powder, or with a 30% to 45% solution. The calcium chloride is being produced by the process of refining with naturally occurring brine, neutralizing hydrochloric acid with calcium carbonate, or as a by-product from the Solvay process of synthetic sodium carbonate production. The calcium chloride is primarily used as a de-icing agent. The liquid calcium chloride of up to 35% is used with rock salt for snow and ice control. The calcium chloride reduces the frequent and repetitive application of salt up to 40%. The calcium chloride also remains active for a much longer duration, thereby preventing the ice from bonding to the road or the pavement. Also, Calcium chloride has the lowest freezing point of all types of other deicers including sodium chloride, magnesium chloride, potassium chloride, and urea.

According to study, “Global Calcium Chloride Market to reach USD XXX billion by 2026” the key companies operating in the global calcium chloride market are Occidental Chemical Corporation, TangShan SanYou Chemical Industries Co., Ltd., Qingdao Huadong Calcium Producing Co. Ltd., Weifang Taize Chemical Industry Co. Ltd., Solvay S.A., TETRA Technologies Inc., Weifang Haibin Chemical Co. Ltd, Tiger Calcium Services Inc., Sitara Chemical Industries Ltd., Ward Chemical, Inc., Auro Chemical Industries Pvt. Ltd., Sulaksh Chemicals, Zirax Limited, Nedmag Industries, Sameer Chemicals.

Based on the form, the calcium chloride market is segmented as hydrated solid, liquid, and others. Based on grade, the market is segmented as food grade, agriculture grade, industrial grade, and pharmaceutical grade. Based on raw material, the market is segmented as natural brine, limestone, Solvay process (by-product), and Hydrochloric Acid (HCL)), In addition, based on application, the market is segmented as industrial processing, dust control, agriculture, drilling fluids, construction, de-icing, and others (food, pharmaceuticals, etc.).

The calcium chloride market is driven by a rise in demand from oil & gas industries in drilling fluids applications, followed by intense cold weather conditions & heavy snowfall, and a rise in demand for calcium chloride in dust control & de-icing activities. However, excessive consumption of calcium chloride causes serious ill effects for instance kidney stones, muscle spasms, irregular heartbeats, and joint pains may impact the market. Moreover, an increase in the number of potential applications of calcium chloride in industries such as agriculture, construction, water treatment, and animal sterilization is a key opportunity for the market.

Based on geography, the North-American region holds a major share in the global calcium chloride market owing to extreme cold weather conditions that enhance the demand for calcium chloride as a de-icing agent in the region. Whereas, the Asian-Pacific and European regions are projected to exhibit a considerable growth rate due to the rise in demand from end-use industries such as food processing over the forecast period. In near future, it is predicted that the global market will be reached a rapid pace as a result of growth in the adoption of calcium chloride as a food preservative in the food industry during the forecast period.

For More Information on the Research Report, refer to below links: –

Global Calcium Chloride Market Analysis

Related Report: –

Global Calcium Chloride Food Grade Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

Contact Us: –

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

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