Calcium Chloride Market
24.9 % by the end of the forecast period . The soaring uptake of calcium chloride in the production of completion fluids is anticipated to contribute to the rising revenue of the segment .
Extensive Usage of Calcium Chloride for Dust Control Bodes Well for Overall Growth The growing demand for calcium chloride is anticipated to remain steady as it is the key chemical used for de-icing . The frequently used de-icing agent is liquid calcium chloride of about 35 % with rock salt to ice and snow control . Thus , in countries such as the U . S ., Japan , and Canada calcium chloride is extensively used for managing the after-effects of heavy snowfall . Besides , de-icing , dust control is yet another leading application of calcium chloride .
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Known to retain moisture for exceptionally longer durations , calcium chloride is used on unpaved road surfaces as a cost-effective dust suppressant . The growing awareness about simple solutions for dust control is expected to augment the demand for calcium chloride in the coming years . The booming construction industry and the subsequently rising demand for cement are also expected to propel the growth of the global market . Calcium chloride is used as a concentrate accelerator to speed up the curing rate of cement . It also helps in reducing the alkali content in cement , which is known to prevent cracking .
Oversupply of Substandard Material Could Hamper Revenue
As calcium chloride can be produced using multiple methods , it has led to an oversupply of cheap material in the market . Thus , it has reduced profit margins for several sellers to a significant extent . The corrosive nature of calcium chloride is also expected to hamper its sale in the coming years . As calcium chloride is hygroscopic , it retains water from the air that can result in corrosion at lower levels and cause extended periods of relative humidity .
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