July 18, 2024

Calcium Chloride Anhydrous Powder Is The Largest Segment Driving The Growth Of Calcium Chloride Powder Anhydrous Market

Market Overview:

Calcium chloride anhydrous powder is a white odorless powder soluble in water and ethanol. It is widely used as a desiccant for drying applications in industrial processes, food processing, construction materials etc. due to its hygroscopic nature.

Market key trends:

One of the key trends driving the growth of calcium chloride anhydrous powder market is its increasing use in dust control and road stabilization applications. Calcium chloride anhydrous powder acts as a hygroscopic road stabilizer. When applied to dirt roads, it absorbs moisture from the air and binds to the soil or gravel particles, packing the top layer and preventing the formation of dust. This has made it a preferred alternative to traditional chemicals used for dust control and road stabilization. The growth in infrastructure projects, especially in developing regions is expected to boost the demand for calcium chloride anhydrous powder over the forecast period.

Market key trends:
One of the key trends driving growth in the calcium chloride anhydrous powder market is its increasing use in de-icing and dust control applications. Calcium chloride is a highly effective de-icer and is widely used on roads, highways and runways during winter for melting snow and preventing ice formation. It lowers the freezing point of water and is more efficient than rock salts. Rising concerns regarding safety of motorists and increased winter maintenance budgets of state and local governments are fueling the demand for calcium chloride for de-icing. The powder form of calcium chloride is also gaining traction in dust control on unpaved roads and surfaces as it binds with the dirt particles and prevents them from becoming airborne.

SWOT Analysis
Strengths: Highly soluble and hygroscopic in nature; Effective de-icer at lower temperatures compared to rock salts; Rapid melting capability.
Weaknesses: Corrosive to metals; High production costs.
Opportunities: Increasing road construction and maintenance activities creating demand; Growing popularity as dust suppressant.
Threats: Availability of substitute products; Stringent environmental regulations.

Key Takeaways

The Global Calcium Chloride Powder Anhydrous Market Demand is expected to witness high growth, exhibiting CAGR of 4.7% over the forecast period, due to increasing construction activities and road maintenance budgets.
Regionally, North America dominated the market in 2023 and is expected to maintain its lead over 2023-2030 timeframe as well supported by harsh winters and stringent road safety norms in Canada and U.S. Asia Pacific is expected to be the fastest growing market exhibiting a CAGR of over 6% due to increasing industrialization and infrastructure development in China and India.

Key players operating in the calcium chloride anhydrous powder market are TETRA Technologies inc., Occidental Petroleum Corporation, Zirax LLC., HaloPolymer Trading Inc., Nedmag B.V., Shandong Haihua Group Co. Ltd., Tangshan Sanyou Zhida Calcium Industry Co. Ltd., Juhua Group Corporation, American Elements Corp,. and Shouguang Jinlei Chemical Co. Ltd.

Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it