Calcium Chloride Market Key Players:
The major participants of this market are: BJ Services Company, Occidental Chemical Corporation (OxyChem), Qingdao Huadong Calcium Producing Co. Ltd., Solvay, Tangshan Sanyou Group, TETRA Chemicals (Tetra Technologies, Inc.), Tiger Calcium Services Inc., Ward Chemical, Weifang Haibin Chemical Co. Ltd., Weifang Taize Chemical Industry Co. Ltd., and Zirax Group.
Calcium Chloride Market Introduction:
Calcium Chloride Market is growing at the CAGR of 4.1% from 2016 and it is expected to continue this growth till 2022 reaching 1.49 billion.
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Calcium Chloride Market Segments:
Calcium Chloride Market is majorly segmented on the basis of application which includes De-Icing & dust control, oil & gas, construction and others.
Calcium Chloride is used in concrete blends so that cement construction can set up easily and fast. Thus, the growing demand for luxurious life style and disposable income is also responsible for the growth of the global calcium chloride market. The second largest use of calcium chloride was by the construction sector in 2015. The growth of infrastructural developments along with increase government expenditure on flyovers & roads will further drive growth of the global market of calcium chloride in future.
Calcium Chloride Market Regional Analysis:
Asia Pacific and U.S. region is expected to maintain its dominance in the global market owing to increasing domestic demand for Calcium Chloride by the chemical industry in these countries. Emerging market of China, Japan and India is expected to boost the calcium chloride market in Asia Pacific which has the largest market share with respect to the growth of the global calcium chloride market followed by Europe, Middle East and rest of the world.
Calcium Chloride Market Table of Content to be Continue…….,
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