Calcium chloride (CaCl₂) is a white crystalline salt. Commercially, calcium chloride is available as dehydrated flakes, powder, and pellets. It is solid at room temperature and highly soluble in water due to its hygroscopic nature. It displays typical ionic halide properties. Global calcium chloride market is estimated to grow with a CAGR of 5.49% to reach a revenue of $1645.10 million by the year 2027. The base year considered for the study is 2018 and the forecast period is 2019-2027. The market is primarily driven by the following factors:

• Benefits offered by calcium chloride over conventional materials
• Shale gas boom in North America – a key trend
• The rise in demand for calcium chloride from the F&B industry
• Increasing use of calcium chloride for de-icing application
• The growing need for construction and infrastructure development
• Stabilizing oil and gas industry is likely to boost calcium chloride consumption

The important driver increasing growth in the global calcium chloride market is the increasing use of calcium chloride as a de-icing agent and dust control. Its application as a de-icing agent leads to a reduced number of accidents that occur due to the accumulation of snow and ice on roads. Other properties of calcium chloride such as desiccant, dust control agent, and preservative contribute to the growth of the market. Other than the conventional applications, it is also used in swimming pool water to adjust the calcium hardness of the water and as a pH buffer. In the construction industry, it is used in concrete mixes to aid the initial setting of concrete.

In 2018, de-icing & dust control dominated the market by application with a revenue share of 45.54%. Calcium chloride has significant application in de-icing and dust control. De-icing refers to taking away or removal of existing frost, ice, and snow, from the surface. It comprises of two methods, chemical method (application of ice melting chemicals or salts) and mechanical method (includes scraping or plowing). Calcium chloride is an effective solution for de-icing the driveways, walkways and streets. It is extensively used as a de-icing and anti-icing agent as it can prevent ice formation by reducing the freezing point of water.

Moreover, using calcium chloride solution as an anti-icing agent is a proactive approach towards ice and snow control. In dust control applications, it is used owing to its effective road stabilization and dust abatement properties. Calcium chloride has natural hygroscopic properties, which helps retain the moisture which ultimately reduces road dust and aids in soil stabilization.

Strict government regulations and the effects of de-icing agents on the environment are the major factors hindering the calcium chloride market. According to the US environmental protection agency, the regulatory body has passed various acts related to environmental protection that includes chemical safety information, site security, and regulatory relief act, clean air act, oil pollution, clean water act, etc.

Calcium chloride when comes in contact with the water releases calcium and chloride ions. These ions can contaminate drinking water and are unhealthy for drinking. The ill effects of calcium chloride such as kidney stones, coma, bone, and joint pain, and irregular heartbeat are likely to restrict the growth of the global calcium chloride market.

The global calcium chloride market has been segmented on the basis of applications.

Market by Application:

• Dust control & de-icing
• Construction
• Pharmaceuticals
• Other Application

The report scope is widely categorized on the basis of its applications. Moreover, market revenue estimates and forecasts include the consumption of calcium chloride across geographies. However, the revenues generated from the storage/transportation of calcium chloride and the cost of production of calcium chloride is excluded from the report scope.

Geographically, the global calcium chloride market has been segmented on the basis of four major regions into:

• North America Calcium Chloride Market : the United States & Canada
• Europe Calcium Chloride Market : United Kingdom, France, Germany, Spain, Italy, & Rest of Europe
• Asia Pacific Calcium Chloride Market : China, India, Japan, South Korea, Australia, & Rest of Asia Pacific
• Rest of World – Latin America, Middle East & Africa

North America held the largest share in the global calcium chloride market, and it accounted for over 45% share of the global demand in 2018, owing to widening applications in oil and gas and industrial processing industries. The increasing application of calcium chloride in the region is attributed to the increasing demand of calcium chloride in de-icing and dust control application. The calcium chloride is deployed for drilling of mud and minimizing the level of harmful gas in oil and gas wells. Therefore, the expanding oil & gas drilling activity all through North America is boosting growth in the North America calcium chloride market.

According to the British Petroleum (BP) statistical review of world energy, in 2015, North America has produced approximately 984 billion cubic meter gas, up from XX billion cubic meters of gas produced in 2014. Therefore, the increasing gas production signifies enhanced use of calcium chloride in the drilling operations which is resulting in superior calcium chloride market growth.

Asia Pacific is likely to be the fastest-growing region in the global calcium chloride market growing at a CAGR of XX% during the forecast period. Asia Pacific market is driven by several applications such as drilling fluids & completion fluids, maintaining pH buffer of the swimming pool water, expanding oil & gas sector, food preservation, medicine, and agriculture. Calcium Chloride market growth in the Asia Pacific is majorly driven by expansion of construction across the Asia Pacific According to the global construction report 2030, the construction output volume growth is estimated to expand at nearly XX% to reach about $XX trillion globally by 2030 with three key countries particularly, India, China is leading the growth and accounts for about XX% of the worldwide construction growth. Calcium Chloride improves the strength of concrete while delivering a high rate of the concrete set.

The urbanization rate in China grew from XX% of the total population in 2015 to XX% rate of urbanization recorded in China for 2016. The rising rate of urbanization is expected to continue which can accelerate the Asia Pacific construction industry and hence, inject healthy growth in the Asia Pacific calcium chloride market over the forecast period.

The calcium chloride market is segmented based on applications which are further sub-divided into dust control and de-icing, construction, pharmaceuticals, and others.

The major market players in the global calcium chloride market are:

• Dow Chemicals (Occidental Chemical Corporation)
• Solvay Sa
• Tetra Chemicals
• Tiger Calcium Services
• Tangshan Sanyou Chemicals
• & Other companies

Company Profiles covers the analysis of prominent players. These companies are using organic and inorganic strategies for growth. For instance, In January 2019, Nedmag signed a new traction contract with the Belgian railway company Lineas. In November 2018, Zirax started of shipments of its high purity synthetic food grade Calcium Chloride prills 95% Fudix™ to a new customer in Jordan. In April 2016, Aurochemicals purchased a 25,000-square-foot industrial/office building in the Chester Industrial Park. Space will provide the company with an additional warehouse, manufacturing space, an office, and a lab.

Key findings of the global calcium chloride market

• Rising demand for safe and clean water for households and industrial applications will play a pivotal role in the growth of the global calcium chloride market.
• Dust control and the de-icing segment is a dominating market due to its predominant use in regions where the temperature remains low.
• Product launch is the key strategy adopted by the various market players of the global calcium chloride market.
• Shale gas boom in North America is an essential trend in the global calcium chloride market which is ultimately boosting the application of calcium chloride in the oil and gas industry.