Calcium Chloride Market Size, Share, and Trends 2024 to 2033

Calcium Chloride Market (By Grade: Food Grade, Pharmaceutical Grade, Agriculture Grade, Industrial Grade; By Application: De-icing & Dust Control, Drilling fluids, Agriculture, Healthcare, Construction, Food & Beverages) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033

  • Last Updated : July 2024
  • Report Code : 4618
  • Category : Chemical and Material

Calcium Chloride Market Size and Growth

The global calcium chloride market size was USD 2.01 billion in 2023, accounted for USD 2.12 billion in 2024 and is expected to reach around USD 3.48 billion by 2033, expanding at a CAGR of 5.63% from 2024 to 2033. The calcium chloride market is expanding thanks to improvements in manufacturing procedures and the creation of more economical and efficient calcium chloride products.

Calcium Chloride Market Size 2024 to 2033

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Calcium Chloride Market Key Takeaway

  • The North America calcium chloride market size reached USD 860 million in 2023 and is expected to attain around USD 1,510 million by 2033, poised to grow at a CAGR of 5.79% between 2024 and 2033.
  • North America held the largest share of the calcium chloride market with the largest revenue share of 43% in 2023.
  • Asia Pacific is expected to host the fastest-growing market during the forecast period.
  • By grade, the industrial grade segment held the largest share of the market in 2023.
  • By grade, the pharmaceutical grade segment is expected to grow at the fastest rate in the market during the forecast period.
  • By application, the de-icing & dust control segment dominated the market in 2023.
  • By application, the food & beverage segment is expected to grow rapidly in the market over the studied years.

U.S. Calcium Chloride Market Size and Growth 2024 to 2033

The U.S. calcium chloride market size was exhibited at USD 610 million in 2023 and is projected to be worth around USD 1,070 million by 2033, poised to grow at a CAGR of 5.78% from 2024 to 2033.

U.S. Calcium Chloride Market Size 2024 to 2033

North America held the largest share of the calcium chloride market in 2023. On unpaved roads, calcium chloride is frequently used to reduce dust and de-ice roadways. It is favored in areas with severe winters, such as Canada and the northern United States, due to its efficiency at low temperatures. Calcium chloride is utilized in the oil and gas sector as a completion fluid and in drilling fluids to increase well productivity. The need for calcium chloride has increased due to a rise in shale gas production and exploration in North America. In the building sector, calcium chloride is used as a concrete accelerator. The demand for calcium chloride is being driven by the growth in construction activities, especially in the residential and commercial sectors.

Calcium Chloride Market Share, By Region, 2023 (%)

Asia Pacific is expected to host the fastest-growing calcium chloride market during the forecast period. The Asia Pacific calcium chloride market is impacted by a number of variables, including end-use industry demand, local economic conditions, and technical developments. In many industrial applications, including dust management, de-icing, and desiccant use, calcium chloride is frequently utilized. The need is being driven by the expanding industrial sector in Asia Pacific, especially in nations like China, India, and Japan. It is used on agricultural land as a fertilizer and to improve the quality of the soil, with agriculture receiving more and more attention. With ongoing projects involving urbanization and infrastructure development, the construction industry in the region is expanding. Concrete is utilized in the construction business more frequently because it is accelerated with calcium chloride.

Market Overview

The global industry that produces, distributes, and sells calcium chloride, a chemical substance having the formula CaClâ‚‚, is referred to as the calcium chloride market. Calcium chloride is mostly used to de-ice roads and manage dust on unpaved ones. Because of its hygroscopic properties, it is useful for absorbing moisture and melting ice. Concrete acceleration uses calcium chloride to shorten the time it takes for concrete to set, particularly in cold weather. It aids in maintaining the stability of the well and increasing the density of the drilling fluid during drilling operations in the oil and gas sector.

Calcium chloride finds extensive application in the food sector as a firming agent and preservative, as well as a drying and de-icing agent. Additionally, it is used in the pharmaceutical, concrete accelerating, and oil and gas industries for drilling fluids. De-icing roads and highways is one of the most common uses for calcium chloride, particularly in areas with cold winters. Due to its hygroscopic nature and capacity to absorb moisture, it is used in the production of plastics, textiles, and water treatment procedures. Urbanization, the expansion of infrastructure, the rise in processed food consumption, and strict environmental laws that encourage the use of calcium chloride over other chemicals all have an impact on the calcium chloride market growth.

Calcium Chloride Market Growth Factors

  • In the winter, a lot of people use calcium chloride to de-ice sidewalks, roads, and other surfaces. Market expansion is mostly driven by the need for efficient de-icing solutions in areas with severe winter weather. Its demand is further influenced by the fact that it is used to manage dust on building sites and unpaved roads.
  • Calcium chloride is added to drilling fluids in the oil and gas industry to boost density, stop fluid loss, and preserve wellbore stability. The need for the calcium chloride market is increased by the growth of oil and gas exploration activities, especially in North America and the Middle East.
  • The building sector uses calcium chloride as an accelerator for concrete. It facilitates quicker concrete setting and curing, particularly in cold weather. The calcium chloride market expansion is bolstered by the expanding construction activities, particularly in developing regions.
  • In the food and beverage sector, calcium chloride is used as a firming agent, especially in the manufacturing of tofu and canned vegetables. Growing consumer desire for convenience and processed foods is a factor in the expansion of the calcium chloride market.
  • Water treatment facilities employ calcium chloride to soften and purge their water of contaminants. The demand for the calcium chloride market is driven by the growing need for safe and clean water for municipal and industrial purposes.
  • The calcium chloride market is additionally influenced by import-export laws, trade dynamics, and environmental restrictions pertaining to the manufacturing and use of calcium chloride. Tight environmental laws could be problematic, but beneficial measures can encourage market growth.

Calcium Chloride Market Scope

Report Coverage Details
Market Size by 2033 USD 3.48 Billion
Market Size in 2023 USD 2.01 Billion
Market Size in 2024 USD 2.12 Billion
Market Growth Rate from 2024 to 2033 CAGR of 5.63%
Largest Market North America
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered Grade, Application, and Regions
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Calcium Chloride Market Dynamics

Driver

Increasing demand for packaged foods

A common food preservative is calcium chloride. It prolongs shelf life and helps keep fruits and vegetables in cans from spoiling by maintaining their firmness. Food acidity is controlled with calcium chloride, which improves flavor stability and preservation. This is especially crucial for pickled foods and drinks. Calcium chloride is utilized in the manufacturing process of several food products to enhance texture. To keep cheese, tofu, and some baked goods consistent and high-quality, they are frequently added. The food industry's need for the calcium chloride market is being driven by consumers' preference for packaged foods that are quick and ready to eat, which is a result of their busy lifestyles.

Restraint

Corrosive nature

Transportation vehicles, pipes, and metal containers can all corrode when exposed to calcium chloride. Because of the need to employ materials resistant to corrosion, producers and distributors will incur higher expenses. Ecosystems may be impacted by calcium chloride discharge, which can contaminate water and soil. This has affected the calcium chloride market growth and operating costs by resulting in higher environmental restrictions and the requirement for mitigating measures.

Calcium chloride is caustic and can be harmful to both humans and animals if they come into touch with it. This raises expenses even further by requiring additional safety precautions in handling and application. Because of its corrosive nature, there is a rising trend toward less corrosive substitutes, including magnesium chloride or other dust control and de-icing solutions that are better for the environment.

Opportunity

Oil and gas industry

The oil and gas industry has significant applications for the calcium chloride market. Drilling fluids are made denser by adding calcium chloride, which aids in regulating the pressure inside the wellbore. It is a component of completion fluids, which are used to remove drilling mud and get the wellbore ready for gas or oil production. Calcium chloride aids in good management and keeps undesirable fluids from entering the well. In order to speed up the setting period and aid in the faster development of compressive strength, calcium chloride is added to the cement slurry during cementing operations. Natural gas is dehydrated using calcium chloride, which eliminates water vapor and stops hydrate formation, which can clog pipelines.

Grade Insights

The industrial grade segment held the largest share of the calcium chloride market in 2023. In colder climates, it is frequently used to deice roads and highways; in dry ones, it is used to manage dust. Because calcium chloride shortens the time it takes for concrete to set, it is essential in building projects where quick curing is needed. It is used as an addition in drilling fluids for oil and gas to regulate viscosity and lessen formation damage. It is utilized in many different chemical processes, including those that produce calcium salts, compounds for water treatment, and medications. Oil and gas exploration operations, infrastructure development, and regulatory regulations pertaining to safety standards and environmental effects all have an impact on the industrial-grade calcium chloride market.

The pharmaceutical grade segment is expected to grow at the fastest rate in the calcium chloride market during the forecast period. The calcium chloride market's pharmaceutical grade sector is mostly composed of high-purity calcium chloride products that adhere to strict quality criteria for use in pharmaceutical applications. Because calcium chloride may control pH and preserve electrolyte balance, it is utilized in hemodialysis solutions, intravenous fluids, and medication formulations, among other pharmaceutical operations. Calcium chloride of pharmaceutical grade is in high demand because of its vital function in guaranteeing product safety and quality in medicinal applications.

Application Insights

The de-icing & dust control segment dominated the calcium chloride market in 2023. One important market for calcium chloride applications is de-icing and dust management. Because calcium chloride can easily melt ice and reduce the freezing point of water, it is frequently used as a de-icing agent for roads, highways, and airport runways during the winter. It also serves as a dust suppressant on mining sites and unpaved roads by stabilizing the surface through the absorption of moisture from the air and the ground. The compound's hygroscopic qualities, which enable it to draw moisture and keep working even in cold temperatures, are advantageous to this market area. The segment is seeing expansion due to factors such as urbanization, increased infrastructure development, and stricter environmental regulations that encourage sustainable and effective dust control solutions.

The food & beverage segment is expected to grow rapidly in the calcium chloride market over the studied years. Food goods use calcium chloride as a firming agent. It supports the preservation of fruits' and vegetables' firmness and texture, particularly in processed and canned meals. It is used to reduce the pH during the fermentation process in beer brewing and to modify the hardness and texture of cheeses like tofu. Pickling and brining solutions contain calcium chloride to keep fruits and vegetables crisp. Calcium chloride is a preservative and flavor enhancer in several food products. In certain dietary products, it also acts as a source of calcium, an important vitamin.

Calcium Chloride Market Companies

  • Zirax Ltd.
  • Weifang Taize Chemical Industry Co. Ltd.
  • Weifang Haibin Chemical Co. Ltd.
  • Ward Chemicals
  • Tiger Calcium Services
  • Qingdao Huadong Calcium Producing Co. Ltd.
  • Tangshan Sanyou Group Co. Ltd.
  • Solvay S.A.

Recent Developments

  • In May 2024, Fast&Up, the most popular active nutrition brand in India, announced the release of Fast&Up Reload Ready-to-Drink, its most recent innovation. This innovative device is ideal for anyone who leads an active lifestyle, including athletes and fitness enthusiasts, since it provides a practical and efficient means of sustaining energy and achieving optimal performance.
  • In June 2024, ith CholiGEMTM, an advanced rumen-protected choline supplement intended to address fatty liver and ketosis in lactating dairy cows, Kemin Industries, a global ingredient manufacturer that aspires to sustainably transform the quality of life every day for 80 percent of the world through its products and services, has entered the U.S. dairy market.

Segment Covered in the Report

By Grade

  • Food Grade
  • Pharmaceutical Grade
  • Agriculture Grade
  • Industrial Grade

By Application

  • De-icing & Dust Control
  • Drilling fluids
  • Agriculture
  • Healthcare
  • Construction
  • Food & Beverages

By Geography

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East & Africa

Frequently Asked Questions

The global calcium chloride market size is expected to increase USD 3.48 billion by 2033 from USD 2.01 billion in 2023.

The calcium chloride market is anticipated to grow at a CAGR of over 5.63% between 2024 and 2033.

The major players operating in the calcium chloride market are Zirax Ltd., Weifang Taize Chemical Industry Co. Ltd., Weifang Haibin Chemical Co. Ltd., Ward Chemicals, Tiger Calcium Services, Qingdao Huadong Calcium Producing Co. Ltd., Tangshan Sanyou Group Co. Ltd., Solvay S.A., and Others.

The driving factors of the calcium chloride market are the increasing demand for packaged foods and growing need for safe and clean water.

North America region will lead the global calcium chloride market during the forecast period 2024 to 2033.

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