According to the latest report by IMARC Group, titled, “United States Calcium Chloride Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The United States calcium chloride market is expected to exhibit a CAGR of 3.90% during 2022-2027.
Calcium chloride (CaCl2) is a white crystalline solid and highly soluble inorganic compound produced by neutralizing hydrochloric acid with calcium hydroxide. It has hygroscopic properties and is stored in airtight containers as a drying agent. It is commonly available in granules, flakes, and powder variants and used in medicines, transportation systems, food preservatives, and paints across the United States.
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United States Calcium Chloride Market Trends and Drivers:
The increasing adoption of CaCl2 in de-icing and dust control activities for streets, driveways, and sidewalks represents one of the major factors bolstering the market growth in the US. In addition, it is employed in the food and beverage (F&B) industry as a food additive. This, in confluence with the escalating demand for ready-to-eat (RTE) food products on account of the expanding working population and hectic schedules, is contributing to the market growth in the country. Apart from this, there is a considerable rise in the adoption of CaCl2 as prescription medicine in the pharmaceutical industry to treat medical symptoms of hypocalcemia, arrhythmias, hypermagnesemia, calcium channel blocker overdose, and beta-blocker overdose. This, in turn, is driving the market. Furthermore, the increasing need for water treatment facilities and clean drinking water is creating a positive outlook for the market in the country.
United States Calcium Chloride Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players.
The report has segmented the market based on application, product type, raw material and grade.
Breakup by Application:
- De-Icing
- Dust Control and Road Stabilization
- Drilling Fluids
- Construction
- Industrial Processing
- Others
Breakup by Product Type:
- Liquid
- Hydrated Solid
- Anhydrous Solid
Breakup by Raw Material:
- Natural Brine
- Solvay Process (by-Product)
- Limestone and HCL
- Others
Breakup by Grade:
- Food Grade
- Industrial Grade
Breakup by Region:
- Northeast
- Midwest
- South
- West
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