Seattle, WA -- (SBWIRE) -- 11/14/2019 -- Calcium chloride (CaCl2), is an inorganic salt of calcium and chlorine that works as an ionic halide. Anhydrous CaCl2 is used in the chemicals, pharmaceuticals, textiles, and dyestuff industries for various applications such as electrolyte replacement and as an anti-allergic agent, in production of calcium silicate and calcium stearate, as a dehydrating and drying agent for organic gases and liquids and in desiccators, as sizing agent and in the refrigeration plants for the preparation of brine solution, and in concrete acceleration and dust control.
Anhydrous CaCl2 also finds application in the food and beverages industry. For instance, Nedmag B.V. produces anhydrous food grade CaCl2 (94-97%), as a food additive under the brand name nedMag Ca. The food additive contains small white prills of anhydrous CaCl2. It can be used as a source for calcium and added to many food products such as cheese and beer bottling. Adding CaCl2 helps to control the stiffness of water and in canned food to increase the firmness. Such a wide range of applications of anhydrous CaCl2 are expected to boost growth of the market.
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There are several challenges in storage of anhydrous CaCl2 as the compound can absorb moisture in air, which may convert the compound into liquid brine. This in turn is expected to hinder growth of the market.
Calcium Chloride Powder Anhydrous Market: Regional Analysis
On the basis of region, the global calcium chloride powder anhydrous market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The market in Asia Pacific is expected to witness the fastest growth over the forecast period, owing to significant growth in the chemicals industry. For instance, according to the data provided by the Federation of Indian Chambers of Commerce & Industry (FICCI) in 2014, the chemical and petrochemical industry in India was evaluated at US$ 118 billion in 2014 and is expected to record a tremendous growth with a CAGR of 8% during the next five years.
Calcium Chloride Powder Anhydrous Market: Competitive Landscape
Key players in the market are focused on launching new products to expand their product portfolio. For instance, in May 2018, Zirax LLC. announced to start shipments of its high purity synthetic food grade CaCl2 under the brand name Fudix, in Croatia, Europe. Fudix is CaCl2 anhydrous 95-98%. It is an odorless inorganic salt in white pellet or powder. Fludix is commonly used in cheese production for the process of milk protein coagulation. Major players are also focused on adopting M&A strategies to expand their product portfolio. For instance, in February 2014, TETRA Technologies Inc. acquired WIT Water Transfer LLC to expand its business segment. WIT Water Transfer LLC. Offers water management services with operational centers in Tilden and Carrizo Springs and Texas.
Key players operating in the global calcium chloride powder anhydrous market include, Nedmag B.V., Shandong Haihua Group Co. Ltd., TETRA Technologies inc., Occidental Petroleum Corporation, Zirax LLC., HaloPolymer Trading Inc., Juhua Group Corporation, American Elements Corp,. Tangshan Sanyou Zhida Calcium Industry Co. Ltd., and Shouguang Jinlei Chemical Co. Ltd.
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Calcium Chloride Powder Anhydrous Market Taxonomy
Based on the product type, calcium chloride powder anhydrous market is segmented into:
- Reagent Grade
- Industrial Grade
- Food Grade
Based on the application, calcium chloride powder anhydrous market is segmented into:
- Desiccant
- Food Preservatives
- Antifogging Agent
- Building Antifreeze
- Others (Road Dust Collection Agent)
Based on the end-use industry, calcium chloride powder anhydrous market is segmented into:
- Chemical
- Pharmaceuticals
-Textiles
- Dye stuff industries
- Construction
- Others
Based on region, calcium chloride powder anhydrous market is segmented into:
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
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