Increasing Demand for Deicing Agents Set to Drive Calcium Chloride Market.

Calcium chloride is a versatile basic chemical that is used in various applications due to its beneficial characteristics and properties. Calcium chloride occurs naturally as the rare evaporite minerals sinjarite and antarcticite. It is a salt of calcium and chlorine that is soluble in water. Calcium chloride is produced in bulk as a by-product of the Solvay process and the limestone-hydrochloric acid process.

Calcium chloride is used in various industrial and commercial applications in the agriculture, construction, food, refrigeration, oil and gas, and pharmaceutical industries. It is also employed in various medical treatments. Other applications include its usage as a pH buffer in swimming pools to adjust the hardness of water. Calcium chloride is also used as an additive in plastics, drainage aid in wastewater treatment, and thinner in fabric softeners.

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Demand for calcium chloride is largely driven by the rising demand for deicing agents. Sodium chloride, also known as table salt, has been used as a deicer on a large scale for the past several years as it is effective and abundantly available at low cost. Sodium chloride poses numerous health concerns such as being a corrosive agent and a contaminant that affects both concrete and metal. Hence, substitutes such as calcium chloride are used for the removal of snow and ice. Calcium chloride has a high potential to absorb moisture from the surroundings. This enables it to start the melting process sooner by dissolving at a faster rate.

Transparency Market Research, a leading U.S.-based market research firm, has analyzed the calcium chloride market, which is expected to expand at an estimated CAGR of 3.5% in terms of volume during the period from 2015 to 2023. The study also provides detailed analysis of the calcium chloride market with the help of various analysis tools such as value chain analysis and Porter’s Five Forces model.

In terms of volume, de-icing was the largest application segment, accounting for major share of the global calcium chloride market in 2014. The specific property of calcium chloride to reduce the freezing point of water makes it a suitable de-icer. Consumption of calcium chloride for de-icing purposes is estimated to increase significantly in the next few years. De-icing is used to prevent the formation of snow and ice on driveways and sidewalks, thereby preventing accidents in snow-affected areas in North America and Europe. In terms of volume, North America is expected to be the largest and fastest growing market for calcium chloride during the forecast period.

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Key players in the calcium chloride market include Zirax Group, Tetra Technologies, Inc., Occidental Chemical Corporation, Tangshan Sanyou Group, Solvay S.A., Qingdao Haibin International Co Ltd, and Ward Chemical, Inc.

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