Tag: Calcium Chloride Market

Calcium Chloride Market 2016 Share, Trend, Segmentation and Forecast to 2024

The global calcium chloride market is extremely consolidated and the leading players OxyChem, B .J Services, and TETRA Chemicals accounted for 69.1% of the market in 2015, states Transparency Market Research (TMR) in its latest report. These key players have expanded their production facilities by taking continuous efforts in setting up their business in different geographies. The companies have thus increased their sales and widened their distribution channels so as to continue being in their leading positions. The growing manufacturing of products suited for various applications is a key strategy adopted by leading companies.

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According to the TMR report, the global calcium chloride market is expected to be worth US$ 1.52 bn by 2024, expanding at a 4.2% CAGR from 2016 to 2024. On the basis of application, the market is expected to be led by the drilling fluids segment and this segment is estimated to account for 24.9% of the calcium chloride market by 2024. The demand for calcium chloride is increasing for the production of completion fluids and this is projected to be a key factor boosting the drilling fluids segment within the market. On the basis of geography, the market is anticipated to be led by North America, which is estimated to account for of 46% of the market. The growing demand for calcium chloride for developing products that treat water and several other applications are anticipated to be key factors fueling the growth of this market in North America.

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De-icing to Drive Demand in Countries Where Snowfall gets Unmanageable

The global calcium chloride market is growing on account of it being the key chemical used in de-icing. Thus, in countries where the after effects of heavy snowfall are difficult to manage, calcium chloride is used. Some of the countries making use of calcium chloride are Japan, the U.S., and Canada. Dust control is another application for which the demand for calcium chloride is increasing. As calcium chloride retains moisture for exceptionally long period, it is used on unpaved roads for suppressing dust. The cost-effectiveness of calcium chloride is a key reason for their use in on road surfaces. The growing demand for cement on account of the flourishing growth of the construction industry will drive the growth prospects of the global calcium chloride market. Calcium chloride is used as a concentrate accelerator for speeding up the curing rate of cement.

The growth of this market is expected to be restricted by the reduced profit margins on account of an oversupply of cheap materials in the market, as calcium chloride can be produced using multiple methods. Another factor hampering the growth of the market is the corrosive nature of calcium chloride.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Calcium Chloride Market 2016 Share, Trend, Segmentation and Forecast to 2024

The global calcium chloride market is highly consolidated with leading share held by only three players. In 2015, TETRA Chemicals, OxyChem, and B .J Services collectively held a lion’s share of 69.1% in the global market. These companies have consistently focused on the expansion of production facilities, setting up businesses in newer geographies, and widening their sales and distribution channels to remain at leading positions. “Increasing production and manufacturing products that are suited for various applications is expected to the key strategy of these companies to march forward in the coming years,” says the lead author of this research report.

According to the research report, the global calcium chloride market is expected to be worth US$ 1.52 bn by 2024 as compared to US$ 1.04 bn in 2015, expanding at a CAGR 4.2% from 2016 to 2024.

View Report @ http://www.transparencymarketresearch.com/calcium-chloride-market.html

Asia Pacific and North America Show Strong Presence in Global Market

In terms of regions, the global calcium chloride market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific and North America hold a significant share of the global market. By the end of 2024, North America is expected to acquire a share of 46% in the global market. The demand for calcium chloride for product development for water treatment and several the applications is expected to provide an incremental opportunity to the market in North America in the coming years.

Calcium chloride is being applied in industries such as construction, drilling fluids, dust control, de-icing, and industrial processing. Of these, drilling fluids are expected to hold the highest share of 24.9% by the end of the forecast period. The soaring uptake of calcium chloride in the production of completion fluids is anticipated to contribute to the rising revenue of the segment.

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Extensive Usage of Calcium Chloride for Dust Control Bodes Well for Overall Growth

The growing demand for calcium chloride is anticipated to remain steady as it is the key chemical used for de-icing. The frequently used de-icing agent is liquid calcium chloride of about 35% with rock salt to ice and snow control. Thus, in countries such as the U.S., Japan, and Canada calcium chloride is extensively used for managing the after-effects of heavy snowfall. Besides, de-icing, dust control is yet another leading application of calcium chloride.

Known to retain moisture for exceptionally longer durations, calcium chloride is used on unpaved road surfaces as a cost-effective dust suppressant. The growing awareness about simple solutions for dust control is expected to augment the demand for calcium chloride in the coming years. The booming construction industry and the subsequently rising demand for cement are also expected to propel the growth of the global market. Calcium chloride is used as a concentrate accelerator to speed up the curing rate of cement. It also helps in reducing the alkali content in cement, which is known to prevent cracking.

Oversupply of Substandard Material Could Hamper Revenue

As calcium chloride can be produced using multiple methods, it has led to an oversupply of cheap material in the market. Thus, it has reduced profit margins for several sellers to a significant extent. The corrosive nature of calcium chloride is also expected to hamper its sale in the coming years. As calcium chloride is hygroscopic, it retains water from the air that can result in corrosion at lower levels and cause extended periods of relative humidity.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700

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Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Calcium Chloride Market Growth, Trends, Price, Analysis and Forecasts To 2024

Global Calcium Chloride Market: Overview

Calcium chloride, an ionic compound of calcium and chlorine, is highly soluble in liquid. It is commercially available as anhydrous and dihydrate flakes, pellets and powder, or as 30% to 45% solution. In terms of application, drilling fluids and deicing held majority share in the global calcium chloride market. Rising demand from these industries is projected to boost calcium chloride market during the forecast period.

This study analyzes, estimates, and forecasts the global calcium chloride market in terms of volume (kilo tons) and revenue (US$ Mn) from 2015 to 2024. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.

This 140 page report gives readers a comprehensive overview of the Calcium Chloride market Browse through 19 data tables and 57 figures to unlock the hidden opportunities in this market.

http://www.transparencymarketresearch.com/calcium-chloride-market.html

Global Calcium Chloride Market: Segmentation

The report provides a detailed view of the calcium chloride market based on applications. Key applications included in the report are de-icing, dust control, drilling fluids, construction, industrial processing, and others (comprising agrochemicals, tire ballast, etc.). In terms of product types, the market is segmented into: Flakes 77%, Flakes 94%, Prills 94%, Pellets 94%, and Liquid grade. Furthermore, the report segments the market based on key geographies such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. It also provides market volume and revenue for each application and product under every regional segment. The calcium chloride market is further analyzed into major countries of each region. It also analyzes individual country in the GCC.

Based on applications, product and countries, the report analyzes the attractiveness of each segment with the help of an attractiveness tool. The study includes value chain analysis, which provides a better understanding of key players in the supply chain (from raw material manufacturers to end-users). Additionally, the study analyzes market competition and industry players using Porter’s five forces analysis.

Global Calcium Chloride Market: Research Methodology

Primary research represents the bulk of our research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases. Other sources include national government documents, statistical databases, and market reports, news articles, and press releases and webcasts specific to the companies operating in the market. Secondary sources referred for the study of the calcium chloride market include InfoMine, U.S. Geological Survey, Internet Archive Educational Portal, and company presentations.

Key Players Mentioned in this Report are:

The report includes an overview of the market share of key companies in the global calcium chloride market. Key players profiled in the calcium chloride study include OxyChem, Tetra Chemicals, BJ Services Company, Qingdao Huadong Calcium Producing Co. Ltd, Solvay S.A., Tiger Calcium, Ward Chemical, Inc., Weifang Haibin Chemical Co. Ltd., Zirax Limited, Aditya Birla Chemicals, The Dow Chemical Company, Nedmag and Gujarat Alkalies

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The report segments the global calcium chloride market into:

  • Calcium Chloride Market – Product Analysis
    • Flakes 77%
    • Flakes 94%
    • Prills 94%
    • Pellets 94%
    • Liquid Grade

  • Calcium Chloride Market – Application Analysis
    • De-icing
    • Dust Control
    • Drilling Fluids
    • Construction
    • Industrial Processing
    • Others (Including agrochemicals, food, tire ballast, etc.)

  • Calcium Chloride Market – Regional Analysis
    • North America
      • S.
      • Rest of North America
    • Europe
      • K.
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
    • Asia Pacific
      • Japan
      • India
      • China
      • ASEAN
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Argentina
      • Rest of Latin America
    • Middle East and Africa
      • GCC
        • Saudi Arabia
        • UAE
        • Qatar
        • Bahrain
        • Oman
        • Kuwait
      • South Africa
      • Egypt
      • Rest of Middle East and Africa

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About Us

 

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

 

US Office Contact

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com