Global Calcium Chloride Market : Complete Analytical Report for 2021 with leading key players
Calcium chloride is an inorganic compound, and it is created from killing calcium hydroxide and hydrochloric corrosive. It is a white glasslike strong that is dissolvable in water, and it is utilized in numerous enterprises. It is utilized in plastic, de-icing, wastewater treatment plants, development, and impact heaters. Calcium chloride is extremely compelling in lessening ice arrangement on street surfaces, and it is generally utilized as dicer. Likewise, it can utilize the existence of food items, and it has a popularity in food handling activities because of that. Additionally, by adding calcium chloride into concrete, the hydration pace of new cement is expanded, and it decreases the water content quickly. The calcium chloride market will see huge development before very long.
Calcium chloride is a salt that goes about as an ionic halide, and it stays in a strong state at a typical room temperature. It has a wide scope of uses in paint, horticulture, elastic food conservation, medication, and transportation. In the food areas, calcium chloride is utilized for cheddar creation, meat tenderization, lager fermenting, and canned organic products. The rising worldwide populace with expanding per capita pay of individuals is filling the development of the food business; thus, it is expanding the calcium chloride market interest. Calcium chloride has the deliquescent property that retains dampness from the air and makes a slim covering of fluid on every first molecule that adds thickness in the street.
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ChemIntel360’s global Calcium Chloride Market study is a 170+ slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, segment, applications, and end-use industry perspective. The industry is expected to grow at a CAGR of 3.7% mainly due to growing demand for the chemical in de-icing and dust control application. It offers better de-icing characteristics for public driveways and pavement when compared to competitive de-icers such as rock salt and magnesium chloride.
Scope
This study contains global and regional market size data - value and volume. The numbers are broken down by application (De-icing and Dust Control, Oil and Gas, Healthcare, Construction, Agriculture, Food and Beverages, Animal Sterilization, and Others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Calcium Chloride market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$1.2 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
Regional analysis
The major regions in the market are North America, Europe, Asia Pacific, and the rest of the world.
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Competitive Landscape
Chemical Corporation (US), Solvay (Belgium), Tangshan Sanyou Group Co., Ltd (China), TETRA Technologies, Inc (US), Ward Chemical Ltd (Canada), Weifang Haibin Chemical Co., Ltd (China), Zirax Limited (UK), Nedmag B.V. (The Netherlands), Auro Chemical Industries Pvt. Ltd (India), and Sulaksh Chemicals (India)
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