Inclining Trend in Calcium Chloride Market
Calcium chloride, abbreviated as CaCl2, is a salt formed by the ionic connection between calcium and chlorine. This inorganic chemical comes in the form of beads and is white to off-white. Because calcium chloride is hygroscopic, it is stored in sealed containers and used as a drying agent. Agriculture, paint, rubber, pharmaceuticals, food preservation, transportation, and other sectors use it in a variety of ways.
The global calcium chloride market has grown significantly in recent years, owing to the rising demand for dust management and de-icing applications. The worldwide demand for calcium chloride is increasing as a result of increased demands from the gas and oil sectors, and this trend is expected to continue during the forecast period.
Increasing Market Demand as a de-Icing Agent
The most common application of calcium chloride is as a de-icing agent. For snow and ice control, up to 35 percent, liquid calcium chloride is mixed with rock salt. Calcium chloride lowers the amount of salt used regularly by 40%. It also stays active for extended periods, preventing ice from adhering to the road or pavement. Calcium chloride, unlike sodium chloride, magnesium chloride, potassium chloride, and urea, has the lowest freezing point of all the deicers. As a result, it is an excellent de-icing agent for usage in the winter. The increasing demand for calcium chloride in dust management and de-icing operations is projected to push the global market forward. Intense cold weather and significant snowfall in countries such as the United States, Canada, and Japan are expected to promote market development due to increased product usage in de-icing efforts.
Growing Food Sector Forward to Boost Calcium Chloride Market Share
Calcium chloride is frequently used in the food sector as a firming agent in canned vegetables and fruits, as well as for cheese manufacturing, beer brewing, and meat tenderization. The growing worldwide population, combined with rising consumer income levels, is propelling the food sector forward, boosting calcium chloride sales.
Mining Applications Add to the Increased Utilization of Calcium Chloride
Calcium chloride's deliquescent nature absorbs moisture from the air and forms a thin liquid coating on each dust particle, adding density to the highway. As a result, calcium chloride plays an important role as a haul road maintenance material in mining applications.
Increasing Infrastructural Development to Contribute to Market Size
Calcium chloride is used in concrete mixes to aid in the early setting of the concrete during construction. As a result, the worldwide calcium chloride market is developing in tandem with the rising desire for a luxury lifestyle. In the forecast period, the global market for calcium chloride is expected to rise due to increasing infrastructure development and higher government spending on flyovers and highways. The gas and oil industry is expected to expand dramatically, particularly in North America and the Asia Pacific, owing to the increasing demand for calcium chloride in different applications such as completion fluids and drilling fluids.
In the concrete industry, calcium chloride is an excellent accelerator. In cold conditions, the hydration process of concrete slows considerably, necessitating the use of an accelerator to achieve high initial strength. Calcium chloride aids in achieving the required strength of concrete by speeding up the hydration process.
Usage in Drinking Water Segment to Facilitate Increasing Adoption
Calcium chloride is electrolytic, meaning it releases calcium ions in the presence of water. This technique raises the mineral content (calcium ion) in water and offers a regulated source of calcium, affecting the flavor of drinking water directly. Furthermore, the addition of calcium chloride to the pool lowers the erosion of concrete in the pool due to the common ion effect and improves the pool's water hardness.
To keep up with the rising demand, the attention has turned to undiscovered oil and gas reservoirs due to the depletion of traditional gas resources and the maturation of current hydrocarbon resources. This is increasing calcium chloride usage, which is an important raw ingredient in drilling fluids.
CarbonFree, a global carbon capture company with patented technologies that capture CO2 and mineralize emissions to make commercial, carbon-negative chemicals, has signed a memorandum of understanding in May 2021 with TETRA Technologies, Inc., a global leader in the production and chemistry for many commercial applications of calcium chloride. The companies aim to collaborate on SkyCycle's commercialization by using each other's technological knowledge, chemical know-how, production, and supply chain networks.
Disadvantages Associated With Excessive Intake and the Possibility of Harming the Environment to Hamper the Market Growth
Excessive calcium chloride consumption, on the other hand, might result in significant side effects such as kidney stones, irregular heartbeats, muscular spasms, and joint aches, which is likely to be a major stumbling block to market expansion in the future years. Furthermore, due to the deposition of high chloride levels and heavy metal pollution, it is not regarded as a safe ice melt for the environment, and it is likely to restrict the worldwide market growth in the coming years.
North America to Dominate the Market and Europe to Witness Significant Growth
Because of the expansion in the oil and gas and construction sectors, as well as an increase in demand for calcium chloride in de-icing and dust control applications, North America is expected to occupy a significant share of the worldwide market during the projected period. This is driving up demand for calcium chloride in the form of flakes, prills, pellets, and liquid grade calcium chloride for use as de-icing agents, concrete accelerators, and other applications. During the forecast period, Europe is expected to be the fastest-growing area of the global calcium chloride market, followed by North America. This can be attributed to climate changes, which have increased snowfall, particularly during the winter season. Snow and ice are melted largely with calcium chloride. Due to the presence of a significant number of firms working in construction, oil & gas, and dust control applications in the area, Asia Pacific is another region with strong demand for calcium chloride.
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