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North America Liquid Calcium Chloride Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

North America Liquid Calcium Chloride Market- (By Type- <30%, 30-35%, 35-38% and Others; By Application- Concrete Accelerator, Animal Feed, Dust Control, De-icing, Oil & Gas, Tire Ballast, Fertilizer and Others; and By Country) - Industry Dynamics, Market Size and Opportunity Forecast, 2027

  • Published On: 25-Apr-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0422209
    Delivery: 2 to 4 Hours

FREQUENTLY ASKED QUESTIONS

Calcium chloride is produced by refining naturally occurring brine, neutralizing hydrochloric acid with calcium carbonate or as by-product from the solvay process of synthetic sodium carbonate production.

The liquid calcium chloride is available in several types including flakes, prills, pellets and liquid grade.

The functional property of the liquid calcium chloride product is to reduce the freezing point of water, which brands it a significant compound in colder regions and it suppress the dust on roads that mixes with the air in the surroundings, thereby decreasing air pollution.

The North America liquid calcium chloride market is studied from 2016-2027. 

The expected growth rate of the North America liquid calcium chloride market is 6.02%, with an estimated value of US$ 935.2 Million by 2027. 

On the basis of application, the North America liquid calcium chloride market is segmented into concrete accelerator, animal feed, dust control, de-icing, oil & gas, tire ballast, fertilizer and others.

Increase in investments by small & medium sized manufacturing companies provides key opportunities in the North America liquid calcium chloride market. 

The U.S. held the major share in terms of revenue, in the North America liquid calcium chloride market in 2021. 

The outbreak of the novel coronavirus has significantly affected the growth of the liquid calcium chloride market which can be attributed to disruption in the supply chain and halt in the production of calcium chloride and its processing due to lockdown and social distancing being practiced all around the world.  

The major factor responsible for the growth of the market includes increasing consumption of calcium chloride in construction industry, increasing use of the calcium chloride in the agriculture sector and surging need for treating wastewater effluents.

Health issues and supply chain disruption in the COVID-19 pandemic is a restraining factor which inhibits the growth of the market during the forecast period.

The 30-35% segment is anticipated to grow at the highest CAGR during the forecast period. 

The key players operating in the market include Occidental Chemical Corporation, Nedmag B.V., Ward Chemical Ltd., Solvay, Tiger Calcium, TETRA Technologies, Inc., Hill Brothers Chemical Co., Zirax Limited, Keg River and Weifang Taize Chemical Industry Co., Ltd. among others.