Calcium Chloride Market is segmented By Grade (Industrial Grade, Food Grade, Pharmaceutical Grade, Agriculture Grade), By Application (De-icing & Dust....
Market Size in USD
CAGR5.6%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 5.6% |
Market Concentration | High |
Major Players | Occidental Petroleum Corporation, Tetra Technologies, Inc., Solvay S.A., Ward Chemical Ltd., Tangshan Sanyou Group Co., Ltd., Zirax Ltd., Weifang Taize Chemical Industry Co. Ltd., Tiger Calcium Services, Qingdao Huadong Calcium Producing Co. Ltd., Weifang Haibin Chemical Co. Ltd., Nedmag B.V., Gujarat Alkalies and Chemicals Ltd |
The calcium chloride market is estimated to be valued at USD 2.12 Bn in 2024 and is expected to reach USD 3.11 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031. The calcium chloride market is expected to witness steady growth over the forecast period. Increasing applications in de-icing runways and roads during snowy and icy conditions will drive demand.