About Calcium Chloride Anhydrous
Calcium chloride anhydrous highly soluble in water. Calcium chloride anhydrous commonly used to formulate high density, solids-free drilling fluids for the oil and gas industry. It is used in salt processing to add a salty taste to pickles and other foods without increasing sodium content. Rising Need for Calcium Chloride in Drilling and De-icing Operations. Increasing Demand from Calcium Chloride Products in Heat Pumps.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.45% |
Competition among existing players is due to the Calcium Chloride Anhydrous market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Calcium Chloride Anhydrous market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Calcium Chloride Anhydrous market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Tomita Pharmaceutical Co., Ltd. (Japan), Macco Organiques Inc. (Canada), Anmol Chemicals (India), The Merck Group (Germany), Twin Specialties (United States), Ako Kasei Co.Ltd. (Japan), CFL (Canada), FONDLAND CHEMICALS CO., LTD. (China), SURYA FINE CHEM (India), ChemCeed (United States), Nubergepc (India), TETRA Technologies (United States), Unibrom Corp. (China) and Reagents (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Hunan Mingray Trade Co., Ltd. (China), Weifang Xinchang Chemical Co., Ltd. (China), ACE INDUSTRIES Pvt Ltd (India), CJ Chemicals (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Calcium Chloride Anhydrous market by Type (Reagent Grade, Industrial Grade and Food Grade), Application (Food Preservatives, Building Agent, Road Dust Collection Agent, Heat pumps and Refrigeration and Others) and Region.
On the basis of geography, the market of Calcium Chloride Anhydrous has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Construction will boost the Calcium Chloride Anhydrous market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand from Calcium Chloride Products in Heat Pumps and Growing Trend of Calcium Chloride in use of Dust Control
Market Growth Drivers:
Rising Demand for Calcium Chloride from Several End User Industries, Rising Need for Calcium Chloride in Drilling and De-icing Operations and Increasing Consumption of Convenience Food & Beverage Products
Challenges:
The demand for availability of raw materials and storage and transportation of calcium chloride.
Restraints:
Side Effects Due To Uneven Calcium Chloride Anhydrous Consumption like Redness, Low blood Magnesium
Opportunities:
Potential Growth in Developing Regions and Majorly utilize of Calcium Chloride Anhydrous as a drying agent
Market Leaders and their expansionary development strategies
In Feb 2022, Ono Pharmaceutical Co., Ltd. announced that it has acquired its own shares pursuant to the provision of Article 156 of the Companies Act, applied by replacing terms pursuant to the provision of Paragraph 3, Article 165 of the same Act, and that it has completed the acquisition of its own shares in accordance with the resolution passed on
In Dec 2021, Sino Biological, Inc. has launched a panel of research reagents for the newly identified Omicron variant (B.1.1.529) of the SARS-CoV-2 virus, which quickly raised concerns around the world because of the high number of mutations it carries, especially the 30-plus mutations on the Spike protein.
Key Target Audience
Venture Capitalists and Private Equity Firms, Manufacturer, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.