Calcium chloride market
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., Russia, South Korea 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.
This review is based on Transparency Market Research’s report, titled “Calcium Chloride Market (Product – Flakes 77%, Flakes 95%, Prills 94%, Pellets 94%, and Liquid Grade; CaCl2 Application: De-icing, Dust Control, Drilling Fluids, Construction, and Industrial Processing)