Global Calcium Chloride Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Calcium Chloride Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Calcium chloride is an inorganic compound, a salt with the chemical formula CaCl2. It is a white coloured crystalline solid at room temperature, highly soluble in water. Calcium chloride has important application value in many fields such as food manufacturing, building materials, medicine and biology.

Market Overview:

The latest research study on the global Calcium Chloride market finds that the global Calcium Chloride market reached a value of USD 1341.68 million in 2022. It’s expected that the market will achieve USD 1656.93 million by 2028, exhibiting a CAGR of 3.58% during the forecast period.

The chemical industry to which calcium chloride belongs to a cyclical industry, which is easily affected by factors such as international macroeconomic fluctuations, changes in national policies, and changes in supply and demand conditions. The product price fluctuates sharply, thereby affecting the profitability of the product. Companies in the industry need to pay close attention to the international macroeconomic situation, keep abreast of changes in relevant policies, strengthen analysis and judgment of the market situation, make plans, layouts and contingency plans in advance, and adjust business policies and development in a timely manner in the face of sudden changes in the market environment. Strategies to reduce the impact of policy and market environment changes on business performance.

1 Industry Trends

1.1 Extensive downstream applications drive the continuous development of the calcium chloride industry.
1.2 Calcium chloride production methods increased, process improved.

2 Drivers

2.1 Demand for calcium chloride in food and beverage processing industry is growing.
2.2 Emerging economies have great market potential.

3 Challenges

3.1 Adjustment under sustainable development.
3.2 Raw Material Price Fluctuations.

4 Restraints

4.1 Harm of calcium chloride.
4.2 Production safety issues.

Region Overview:

North America was the largest revenue market with a market share of 46.25% in 2017 and 43.87% in 2022, a decrease of 2.38%. In 2022, Asia Pacific market share was 36.23%, ranking second.

Company Overview

Occidental Chemical Corporation
Headquartered in Dallas, Texas, OxyChem is a global leader for the basic chemicals and vinyls products it manufactures and markets. OxyChem is the world's largest producer of calcium chloride.
TETRA Technologies
TETRA Technologies, Inc. is a leading, geographically diversified oil and gas services company, focused on completion fluids and associated products and services, water management, frac flowback, production well testing, and offshore rig cooling. TETRA is an established producer of a variety of calcium chloride grades and a major producer of bromine derivatives.
The industry concentrate rate is relativity high. The market share of the top three companies in 2021 was 34.41%. The top three companies are Occidental Chemical Corporation, TETRA Technologies and Ward Chemical, with the revenue market share of 15.28%, 12.89% and 6.25% in 2021.

Segmentation Overview:

Industrial Grade Calcium Chloride
The purity of industrial grade calcium chloride is relatively low which can be used in petroleum, petrochemical, construction and other industries.
Agriculture Grade Calcium Chloride
Calcium Chloride fertilizer is one of the fertilizers that compensates for the lack of Calcium in the soil and is widely used in agriculture. Calcium is one of the most important nutrients for plant growth. This fertilizer helps to absorb nutrients, increase plant resistance, create stronger cell walls and better transfer of phosphorus in the plant. It can also improve soil properties and regulate the amount of Sodium in the soil.
Food Grade Calcium Chloride
Food-grade calcium chloride has stricter production control requirements and higher product purity. Some national standards have also added indicators such as product color, heavy metal (lead, arsenic) and fluorine content.
Pharmaceutical Grade Calcium Chloride
Calcium chloride is a kind of medicine of replenishing the calcium, also is used to regulate the medicine of human body electrolyte balance, and that its form of medication has is oral, injection, hemodialysis. Pharmaceutical -grade calcium chloride has high purity requirements and needs to meet relevant pharmaceutical standards and regulations.

By type, Industrial Grade Calcium Chloride segment accounted for the largest share of market in 2021.

Application Overview:

De-Icing
Calcium chloride has the superior performance of lowering the freezing point of water. This makes the product suitable as a de-icing agent for removing ice and snow from lanes, sideways and sidewalks.
Dust Control
Calcium chloride can be used as a dust control agent because it reduces dust by mixing with air in the environment to suppress dust on roads or roads. The important application of calcium chloride exploits its hygroscopic nature and the tackiness of its hydrates; calcium chloride is highly hygroscopic and its hydration is an exothermic process. A concentrated solution keeps a liquid layer on the surface of dirt roads, which suppresses the formation of dust. It keeps the finer dust particles on the road, providing a cushioning layer.
Drilling Fluids
CaCl2 is used in drilling Fluids to cool and lubricate the bit and to remove cuttings from the hole. also it helps add density to the mud to overcome formation pressures and keep oil, gas, and water in place. It is used in the oil and gas industry.
Construction
In the construction industry, calcium chloride is used in concrete mixtures to aid in the initial solidification of concrete. It can also be used as an antifreeze to accelerate the hardening of concrete and increase the cold resistance of building mortar.
Industrial Processing
Calcium chloride is used as a multipurpose desiccant, such as for drying nitrogen, oxygen, hydrogen, hydrogen chloride, sulfur dioxide, and the like. Used as a dehydrating agent in the production of alcohols, esters, ethers and acrylic resins. Used as a calcium enhancer, curing agent, chelating agent and desiccant in the food industry.
Others
In addition to conventional applications, calcium chloride is used in swimming pool water to adjust the calcium hardness of water and as a pH buffer. Calcium chloride is also used as a salt in the form of an antidote to supplement calcium levels in the human body to address magnesium poisoning and as a diuretic for acid production.

By application, the Industrial Processing segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Calcium Chloride market covered in Chapter 3:

Tiger Calcium Services
Ward Chemical
Qingdao Huadong Calcium Producing
Solvay
Occidental Chemical Corporation
Sinochem
Weifang Haibin Chemical
Zirax
Wilkinson Minerals
TETRA Technologies

In Chapter 4 and Chapter 14.2, on the basis of types, the Calcium Chloride market from 2018 to 2029 is primarily split into:

Industrial Grade Calcium Chloride
Agriculture Grade Calcium Chloride
Food Grade Calcium Chloride
Pharmaceutical Grade Calcium Chloride

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Calcium Chloride market from 2018 to 2029 covers:

De-Icing
Dust Control
Drilling Fluids
Construction
Industrial Processing
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)