North America Calcium Chloride Market Research Report and Forecast 2022-2027
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description
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Report Description and Highlights
Report Description
North America Calcium Chloride Market Outlook 2027: The latest report by IMARC Group, titled “ North America Calcium Chloride Market: Industry Trends, Share, Size, Growth, Opportunity and Forecas t 2022-2027 ,” finds that the North America calcium chloride market reached a value of US$ 736 Million in 2021. Calcium chloride, with the chemical formula CaCl2, is an ionic compound that is obtained by the ionic bonding of calcium cations and chloride anions. It is a whitish, anhydrous salt that acts as an ionic halide that stays solid at room temperature. Calcium chloride is soluble in water and is utilized in the oil and gas industry for well drilling activities. It is also used as a de-icing agent and in plastic manufacturing, wastewater treatment plants, construction, and blast furnaces. When added to concrete, calcium chloride increases the hydration rate while reducing the water content rapidly. Due to its hygroscopic nature, calcium chloride is usually stored in airtight containers and used as a drying agent in the North American region. Request for a free sample: https://www.imarcgroup.com/north-america-calcium-chloride-market/requestsample
Report Description and Highlights
Report Description
North America Calcium Chloride Market Trends: North America is one of the largest markets for calcium chloride in the world. The North America calcium chloride market is primarily driven by its growing demand in de-icing and dust control activities across the region. In addition, with the significant growth of the food sector, there has been escalating the demand for calcium chloride to keep food items fresh and safe. It is also used as a firming agent in canned fruits and vegetables. Besides this, calcium chloride finds application in concrete acceleration, brine refrigeration, dust control, tire weighting, and other chemical processes, which is fueling the market growth. Furthermore, the growing consciousness regarding depletion of conventional gas resources and maturing of existing hydrocarbon resources has resulted in the shift toward unexplored oil and gas reservoirs to keep pace with the growing demand. As a result, the consumption of calcium chloride has increased as an essential raw material used in drilling fluids.
Report Description and Highlights Report Description Market Summary: Breakup by Product Type: • Liquid • Hydrated Solid • Anhydrous Solid Breakup by Raw Material: • Natural Brine • Solvay Process (by-product) • Limestone and HCL Breakup by Application: • De-Icing • Dust Control and Road Stabilization • Drilling Fluids • Construction • Industrial Processing
Report Description and Highlights Report Description Breakup by Grade: • Food Grade • Industrial Grade Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America
Looking forward, the market is expected to reach a value of US$ 995.36 Million by 2027, exhibiting a CAGR of 5.10% during the forecast period (2022-2027).
Report Description and Highlights Report Description Competitive Landscape With Key players: • United States • Canada View Report TOC, Figures and Tables: https://www.imarcgroup.com/north-america-calcium-chloride-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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