Calcium Chloride (CaCl2) Market Size, Share, Trends, Value 2030

Calcium Chloride (CaCl2) Market

Calcium Chloride (CaCl2) Market By Application (Food & Beverages, Construction, Healthcare, Agriculture, Drilling Fluid, Dust Control, And De-icing), By Grade (Industrial Grade, Agriculture Grade, Pharmaceutical Grade, And Food Grade), By Raw Material (Limestone & HCL, Solvay Process, Natural Brine, And Others), By Product Type (Anhydrous Solid, Hydrated Solid, And Liquid), And By Region: - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts, 2023-2030.

Category: Chemical & Materials Report Format : PDF Pages: 214 Report Code: ZMR-7410 Published Date: Aug-2023 Status : Published
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 1300 million USD 1840 million 4.40% 2022

Calcium Chloride (CaCl2) Market

Calcium Chloride (CaCl2) Industry Perspective:

The global calcium chloride (CaCl2) market size in terms of market volume was valued at USD 1300 million in 2022 and is predicted to surpass USD 1840 million by the end of 2023. The global calcium chloride (CaCl2) market is expected to grow by a CAGR of 4.40%.

Global Calcium Chloride (CaCl2) Market SizeRequest Free Sample

The research report includes industry trends, growth factors, pricing analysis, and restraints of the industry. Furthermore, it also explores the geographical and competitive landscape of the calcium chloride industry.

Calcium Chloride (CaCl2) Market: Overview

Calcium chloride is a salt made with calcium cations and chlorine anions. However, the process of manufacturing calcium chlorides is environment-friendly. It is off-white and white in color. Also, it is highly soluble in nature with hygroscopic properties. It is a less corrosive salt that does not damage the environment. Calcium chloride is largely utilized in transportation, food & beverage, pharmaceuticals, and the oil & gas industry.

Key Insights

  • As per the analysis shared by our research analyst, the global calcium chloride (CaCl2) market size is estimated to grow annually at a CAGR of around 4.40% over the forecast period (2023-2030).
  • In terms of revenue, the global calcium chloride (CaCl2) market size was valued at around USD 1300 million in 2022 and is projected to reach USD 1840 million by 2030.
  • Growing infrastructure development activities are likely to drive the growth of the global calcium chloride (CaCl2) market.
  • Based on the application, the construction segment accounts for the largest share of the global market.
  • Based on the grade, the industrial segment is expected to dominate the global market.
  • Based on the raw material, Limestone & HCL is the fastest growing segment in the global market.
  • Based on the product type, the anhydrous segment is anticipated to grow significantly in the global market.
  • Based on region, North America is expected to dominate the global market during the forecast period.           

global calcium chloride (CaCl2) market sizeRequest Free Sample

Calcium Chloride (CaCl2) Market: Growth Drivers

Growing infrastructure development activities are expected to propel the growth of the global market.

Calcium chloride is the main ingredient used in the construction sector because of its unique properties. It is widely used as a concrete accelerator because it helps in speeding up the drying process of concrete. It becomes of high importance during the winter season as it helps in absorbing moisture and heating up the concrete to settle it fast. However, the ongoing infrastructure development all across the globe is one of the major factors in the growth of the global calcium chloride (CaCl2) market. The demand is high from all the economies, including the developed, underdeveloped, and developing countries. Moreover, the real estate sector is at its peak, which in turn is further expected to widen the scope of the industry. Global industrialization is also posing a huge demand for calcium chloride because of its numerous applications. Additionally, the companies are boosting investments to accentuate their research and development process. Many companies are coming up with advanced calcium chloride formulations to offer innovative usages and expand their potential. For instance, Solvay and GKN Aerospace entered into a mutual agreement in 2017. The agreement is to develop joint thermoplastic composites to experiment with new manufacturing processes and materials.

Calcium Chloride (CaCl2) Market: Restraints

Fluctuating raw material prices are expected to hamper the growth of the global market.

Calcium chloride is derived from different raw materials like natural brine, limestone, HCL, etc. However, the prices of these materials are highly fluctuating in nature, which affects the overall production cost of calcium chloride. Therefore, the market experiences fluctuations in the total cost, which impacts industrial dynamics and restricts the growth of the global calcium chloride (CaCl2) market.

Calcium Chloride (CaCl2) Market: Opportunities

Environmental regulations are likely to offer lucrative opportunities in the global market.

Calcium chloride is seen as an eco-friendly alternative to harsh chemicals that damage the environment. Therefore, the increasing initiatives by the government to come up with strict regulations to reduce environmental damage are widening the scope of the calcium chloride (CaCl2) industry. For instance, Tetra Technologies, in 2023, agreed with Exxon Mobil to manufacture more than 6,100 lithium-rich acres in Arkansas.

Calcium Chloride (CaCl2) Market: Challenges

Tariff barriers are a big challenge in the global market.

The calcium chloride industry is highly imposed with trade and traffic regulations. Different policies and tariffs in different countries affect the flow of calcium chloride in various economies, and it has emerged as a big challenge in the global market. Also, uncertainties and economic fluctuations impact industrial activity, thereby slowing down industry growth.

Calcium Chloride (CaCl2) Market: Segmentation

The global calcium chloride (CaCl2) market can be segmented into application, grade, raw material, product type, and region.

By application, the market can be segmented into food & beverages, construction, healthcare, agriculture, drilling fluid, dust control, and de-icing. The construction segment accounts for the largest share of the calcium chloride industry. Calcium chloride is widely used as a desiccant and drying agent for concrete as it helps in speeding up the concrete curing process. Also, it reduces the drying time, thereby helping in avoiding delays in the completion of construction projects. Additionally, it is also used in concrete formulation, especially during the winter season, because it helps in fast drying and parallelly offers great strength, therefore making it durable for all types of construction.

By grade, the market can be segmented into industrial grade, agriculture grade, pharmaceutical grade, and food grade. The industrial segment is expected to dominate the global market during the anticipated period. The industrial segment is the major consumer of calcium chloride with a wide number of applications. It is widely used in water treatment applications to soften the water and avoid blockages in pipes because of the scale formation. Additionally, it has a wide number of applications in the oil and gas industry, where it is used as brine in hydraulic fracturing processes.

By raw material, the market can be segmented into limestone & HCL, Solvay process, natural brine, and others. Limestone & HCL is the fastest growing segment in the global calcium chloride market. Limestone and HCL have been largely used to derive calcium chloride in the industry for many years. The process is much in demand because of its cost-effectiveness. However, the process helps in obtaining calcium chloride on a large scale. Such a process of extracting calcium chloride is widely used in de-icing and dust control activities. However, the natural brine segment is also anticipated to grow steadily during the forecast period in the industry.

By product type, the market can be segmented into anhydrous solid, hydrated solid, and liquid. The anhydrous segment is anticipated to grow significantly in the global calcium chloride industry during the forecast period. Anhydrous calcium chloride includes no water molecule; therefore, it is ideal for a large number of applications where there is a high requirement for drying and moisture control. Its ability to generate heat in contact with water makes it ideal for melting snow and ice. Therefore, it is highly used in de-icing and moisture control applications.

Calcium Chloride (CaCl2) Market: Report Scope

Report Attributes Report Details
Report Name Calcium Chloride (CaCl2) Market Report
Market Size in 2022 USD 1300 Million
Market Forecast in 2030 USD 1840 Million
Growth Rate CAGR of 4.40%
Number of Pages 214
Key Companies Covered Zirax Ltd, Weifang Taize Chemical Industry Co. Ltd, Weifang Haibin Chemical Co. Ltd, Ward Chemicals, Tiger Calcium Services, Qingdao Huadong Calcium Producing Co. Ltd., Tangshan Sanyou Group Co. Ltd., Solvay S.A., B. J. Services, Tetra Technologies Inc., and Occidental Petroleum Corp.
Segments Covered By Application, By Grade, By Raw Material, By Product Type, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Calcium Chloride (CaCl2) Market: Regional Analysis

North America holds the largest share of the global market.

North America accounts for the largest share of the global calcium chloride (CaCl2) market during the forecast period due to the increasing demand for drilling fluids and de-icing applications in the region. The region is the biggest market for the industry because of the extremely cold weather conditions in the area. Additionally, the fast-growing oil and gas sector in the region is further widening the scope of the calcium chloride industry in the region. Calcium chloride is expected to play a prominent role in the high growth rate of the regional market in the forthcoming years.

Asia Pacific is also expected to experience significant growth during the forecast period due to the increasing demand for wastewater problems in the region. The region is experiencing huge urbanization, which will widen the scope of the calcium chloride industry in the region. High urbanization is increasing the demand for calcium chloride because of the fast-growing food processing sector in the region, along with the increasing construction activities.

Global Calcium Chloride (CaCl2) Market SizeRequest Free Sample

Europe is anticipated to grow with high CAGR during the predicted period because of the fast-growing oil & gas and mining sector in the region. Moreover, the government's efforts to widen the scope of industrial applications in the region to draw foreign direct investments are further likely to propel the growth of the regional market. For instance, Tangshan Sanyou Group Co., Ltd. in 2023 announced to invest 1.96 billion yuan in Chemical Factories.

Calcium Chloride (CaCl2) Market: Competitive Analysis

The key leaders in the global calcium chloride (CaCl2) market include:

  • Zirax Ltd
  • Weifang Taize Chemical Industry Co. Ltd
  • Weifang Haibin Chemical Co. Ltd
  • Ward Chemicals
  • Tiger Calcium Services
  • Qingdao Huadong Calcium Producing Co. Ltd.
  • Tangshan Sanyou Group Co. Ltd.
  • Solvay S.A.
  • B. J. Services
  • Tetra Technologies Inc.
  • Occidental Petroleum Corp

For instance, Solvay recently developed Caso, a brand name for the portfolio of a whole range of calcium chloride that offers premium quality calcium chloride for technical, industrial, and food applications.

The global calcium chloride (CaCl2) market is segmented as follows:

By Application

  • Food & Beverages
  • Construction
  • Healthcare
  • Agriculture
  • Drilling Fluid
  • Dust Control
  • De-icing

By Grade

  • Industrial Grade
  • Agriculture Grade
  • Pharmaceutical Grade
  • Food Grade

By Raw Material

  • Limestone & HCL
  • Solvay Process
  • Natural Brine
  • Others

By Product Type

  • Anhydrous Solid
  • Hydrated Solid
  • Liquid

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Calcium chloride is a salt made with calcium cations and chlorine anions. However, the process of manufacturing calcium chlorides is environment-friendly. It is off white and white in color. Also, it is highly soluble in nature with hygroscopic properties. It is a less corrosive salt that does not damage the environment.

Calcium chloride is the main ingredient used in the construction sector because of its unique properties. It is widely used as a concrete accelerator because it helps in speeding up the drying process of concrete. It becomes of high importance during the winter season as it helps in absorbing moisture and heating up the concrete to settle it fast. However, the ongoing infrastructure development all across the globe is one of the major factors in the growth of the global market.

The global calcium chloride (CaCl2) market size in terms of market volume was valued at USD 1300 million in 2022 and is predicted to surpass USD 1840 million by the end of 2023.

The global calcium chloride (CaCl2) market is expected to grow by a CAGR of 4.40%.

North America accounts for the largest share of the global calcium chloride market during the forecast period due to the increasing demand for drilling fluids and de-icing applications in the region. The region is the biggest market for the industry because of the extremely cold weather conditions in the area. Additionally, the fast-growing oil and gas sector in the region is further widening the scope of the calcium chloride industry in the region.

The key leaders in the global calcium chloride market include Zirax Ltd, Weifang Taize Chemical Industry Co. Ltd, Weifang Haibin Chemical Co. Ltd, Ward Chemicals, Tiger Calcium Services, Qingdao Huadong Calcium Producing Co. Ltd., Tangshan Sanyou Group Co., Ltd., Solvay S.A., B. J. Services, Tetra Technologies, Inc., and Occidental Petroleum Corp.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed