Global Calcium Chloride Dihydrate Market Size By Application, By End Use, By Physical Form, By Geographic Scope And Forecast

Report ID: 380824|No. of Pages: 178

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Global Calcium Chloride Dihydrate Market Size By Application, By End Use, By Physical Form, By Geographic Scope And Forecast

Report ID: 380824|Published Date: Feb 2024|No. of Pages: 178|Base Year for Estimate: 2023|Format:   Report available in PDF formatReport available in Excel Format

Calcium Chloride Dihydrate Market Size and Forecast

Calcium Chloride Dihydrate Market size was valued at USD 0.8 Billion 2023 and is projected to reach USD 1.5 Billion by 2030, growing at a CAGR of 4.3% during the forecasted period 2024 to 2030.

Calcium Chloride Dihydrate Market is estimated to grow at a CAGR of 4.3% & reach US$ 1.5 Bn by the end of 2030

Global Calcium Chloride Dihydrate Market Drivers

The growth and development of the Calcium Chloride Dihydrate Market is attributed to certain main market drivers. These factors have a big impact on how Calcium Chloride Dihydrate are demanded and adopted in different sectors. Several of the major market forces are as follows:

  • Applications for Dust Control and Deicing: One of the main uses of calcium chloride dihydrate is as a deicing agent for pavements and roads in cold climates. The chemical effectively prevents the production of ice by lowering the freezing point of water.
  • Applications in the Oil and Gas Sector: Drilling mud characteristics, completion fluids, and well drilling are just a few of the uses of calcium chloride dihydrate in this sector. Demand may be driven by an increase in oil and gas exploration activity.
  • Food Processing and Preservation: The food sector uses calcium chloride dihydrate as a calcium supplement and as a firming agent for fruits and vegetables. Market expansion may be aided by the expansion of the food processing sector and rising consumer knowledge of the advantages of calcium in food items.
  • Chemical Manufacturing: The synthesis of other chemicals and other chemical processes both need calcium chloride dihydrate as a raw material. The market may be driven by the need for chemicals in manufacturing applications.
  • Hydrating and Dehydrating Agent: The substance is utilized in a number of chemical reactions as a hydrating agent as well as a dehydrating agent in the synthesis of alcohols and esters. Demand may rise as chemical production operations expand.
  • Applications for Water Treatment: Calcium chloride dihydrate is used as a desiccant and in wastewater treatment procedures for water treatment. Demand may be driven by growing worries about the quality of the water and the necessity for effective water treatment technologies.
  • Concrete Acceleration in Construction: The compound is employed as a concrete accelerator in the building sector. Increased building activity might lead to a growth in the market, especially in areas with severe weather.
  • Humidity Control and Desiccant: Calcium chloride dihydrate is employed in a number of applications, such as packaging and storage, where it is used as a desiccant. Solutions for humidity management may become more in demand from sectors like electronics and medicines.
  • Applications in Mining and Metallurgy: Dihydrate calcium chloride is used in mining and metallurgy for various purposes like dust suppression and ore extraction. The dynamics of markets may be impacted by the expansion of mining and metallurgical operations.
  • Rise in Industrial Manufacturing: Increased demand for different chemicals, such as calcium chloride dihydrate, as a component of manufacturing processes, may result from the general rise in industrial manufacturing activity across sectors.

Global Calcium Chloride Dihydrate Market Restraints

The Global Calcium Chloride Dihydrate Market has a lot of room to grow, but there are several industry limitations that could make it harder for it to do so. It’s imperative that industry stakeholders comprehend these difficulties. Among the significant market limitations are:

  • Availability of Substitutes: Alternative deicing agents and substances with comparable qualities may pose a threat to calcium chloride dihydrate. The demand for calcium chloride dihydrate may be impacted by the accessibility and uptake of alternatives.
  • Environmental Concerns: The use of deicing chemicals raises environmental concerns that could result in legal limits or a movement in consumer preferences toward more ecologically friendly options. The need for calcium chloride dihydrate in deicing applications may be impacted by this.
  • Variations in the Cost of Raw Materials: The price of raw materials like limestone and hydrochloric acid, which are required to produce calcium chloride dihydrate, might vary. This may have an effect on manufacturers’ total cost structures.
  • Strict Regulatory Standards: Manufacturers of calcium chloride dihydrate may face difficulties in complying with strict laws pertaining to product safety, quality, and environmental effect. Regulatory standards compliance could necessitate more industrial process investments.
  • Weather-Dependent Demand: Weather-related factors frequently influence the demand for calcium chloride dihydrate in deicing applications. Deicing agent demand may decline as a result of mild winters or less snowfall, which could have an effect on the market.
  • Health and Safety Issues: When handling and using calcium chloride dihydrate, similar to many other chemicals, there may be health and safety issues. Market dynamics may be impacted by strict safety requirements and worries about possible health dangers.
  • Impact on structures: Using calcium chloride dihydrate for deicing may corrode roads and bridges, among other structures. Alternative deicing methods may be investigated due to worries about the long-term effects on infrastructure.
  • Commerce obstacles and Tariffs: The international commerce of calcium chloride dihydrate may be impacted by trade obstacles, tariffs, or geopolitical considerations. Trade policy changes could have an impact on the product’s price and availability.
  • Economic Downturns: Building and infrastructure development projects may stall during these times, which could have an impact on the demand for calcium chloride dihydrate in applications like concrete acceleration.
  • Restricted Market Expansion: Growth prospects may be impeded by factors like a mature market, saturation in specific areas, or a sluggish rate of acceptance for new applications.

Global Calcium Chloride Dihydrate Market Segmentation Analysis

The Global Calcium Chloride Dihydrate Market is segmented on the basis of application, End Use, Physical Form, And Geography.

Calcium Chloride Dihydrate Market Segmentation Analysis

By Application

  • Deicing: This segmentation focuses on the application of calcium chloride dihydrate for deicing roads, pavements, and other surfaces.
  • Oil and Gas Industry: explains the various uses of completion fluids, drilling mud characteristics control, and well drilling in this sector.
  • Food Processing: Emphasizes uses as a preservative, calcium supplement, and firming agent in the food business.
  • Chemical Production: The usage of calcium chloride dihydrate as a raw material in several chemical processes is discussed in the section on chemical manufacturing.
  • Construction: explains uses, namely in concrete acceleration, in the construction business.
  • Water Treatment: This section focuses on applications in water treatment procedures, including desiccant usage and wastewater treatment.

By End Use

  • Pharmaceuticals: Explains uses in the production of pharmaceuticals.
  • Mining and Metallurgy: Emphasizes the use of certain techniques in these fields, like dust suppression and mineral extraction.
  • Chemical Industry: Covers applications across a range of chemical production techniques.
  • Food and Beverage: Concentrates on uses pertaining to food preservation and processing.

By Physical Form

  • Pellets: Highlights the usage of Calcium Chloride Dihydrate in pellet form, which is frequently employed in deicing tasks.
  • Flakes: Explains how to use calcium chloride dihydrate in flakes for various purposes.
  • Powder: Covers applications involving the use of powdered calcium chloride dihydrate.

By Geography

  • North America:Segmenting the North American market according to trends, adoption, and demand.
  • Europe:Market segmentation with a focus on Europe that takes industry dynamics and regional preferences into account.
  • Asia-Pacific:Market segmentation according to the Asia-Pacific area, a major center for manufacturing.
  • Latin America:Market segmentation based on trends and demand in Latin American nations.
  • Middle East and Africa:Taking into consideration regional industrial activities and segmenting the market according to the Middle East and Africa area

Key Players

The major players in the Calcium Chloride Dihydrate Market are:

  • Solvay (Belgium)
  • Occidental Petroleum Corporation (OxyChem) (U.S.)
  • Tangshan Sanyou Chemical Industries Co., Ltd. (China)
  • Qingdao Huadong Calcium Producing Co., Ltd. (China)
  • Ward Chemical, Inc. (U.S.)
  • Tiger Calcium Services Inc. (U.S.)
  • NAMA Chemicals (India)
  • Weifang Haibin Chemical Co., Ltd. (China)
  • Zirax Ltd. (U.K.)

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2020-2030

BASE YEAR

2023

FORECAST PERIOD

2024-2030

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Solvay (Belgium), Occidental Petroleum Corporation (OxyChem) (U.S.), Tangshan Sanyou Chemical Industries Co., Ltd. (China), Qingdao Huadong Calcium Producing Co., Ltd. (China), Ward Chemical, Inc. (U.S.), Tiger Calcium Services Inc. (U.S.), NAMA Chemicals (India), Weifang Haibin Chemical Co., Ltd. (China), Zirax Ltd. (U.K.), Nedmag (Netherlands)

SEGMENTS COVERED

Application, End Use, Physical Form, And Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

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Research Methodology of Verified Market Research:

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Reasons to Purchase this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

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Frequently Asked Questions

Calcium Chloride Dihydrate Market was valued at USD 0.8 Billion 2023 and is projected to reach USD 1.5 Billion by 2030, growing at a CAGR of 4.3% during the forecasted period 2024 to 2030.

The Calcium Chloride Dihydrate Market is propelled by its versatile applications in de-icing, dust control, food preservation, and pharmaceuticals, alongside its cost-effectiveness and environmental friendliness.

The major players in the global Calcium Chloride Dihydrate Market are Solvay (Belgium), Occidental Petroleum Corporation (OxyChem) (U.S.), Tangshan Sanyou Chemical Industries Co., Ltd. (China), Qingdao Huadong Calcium Producing Co., Ltd. (China), Ward Chemical, Inc. (U.S.), Tiger Calcium Services Inc. (U.S.), NAMA Chemicals (India), Weifang Haibin Chemical Co., Ltd. (China), Zirax Ltd. (U.K.), Nedmag (Netherlands)

The Global Calcium Chloride Dihydrate Market is segmented on the basis of application, End Use, Physical Form, And Geography.

The sample report for the Calcium Chloride Dihydrate Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights

3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis

4. Calcium Chloride Dihydrate Market, By Application
• Deicing
• Oil and Gas Industry
• Food Processing
• Chemical Production
• Construction
• Water Treatment

5. Calcium Chloride Dihydrate Market, By End Use
• Pharmaceuticals
• Mining and Metallurgy
• Chemical Industry
• Food and Beverage

6. Calcium Chloride Dihydrate Market, By Physical Form
• Pellets
• Flakes
• Powder

7. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape
• Key Players
• Market Share Analysis

10. Company Profiles
• Solvay (Belgium)
• Occidental Petroleum Corporation (OxyChem) (U.S.)
• Tangshan Sanyou Chemical Industries Co., Ltd. (China)
• Qingdao Huadong Calcium Producing Co., Ltd. (China)
• Ward Chemical, Inc. (U.S.)
• Tiger Calcium Services Inc. (U.S.)
• NAMA Chemicals (India)
• Weifang Haibin Chemical Co., Ltd. (China)
• Zirax Ltd. (U.K.)
• Nedmag (Netherlands)

11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix
• List of Abbreviations
• Sources and References

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Calcium Chloride Dihydrate Market

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