Demand for Deicing in Nations Facing Severe Winters Fuels Prospects for Calcium Chloride Market

De-icing is one of the primary uses of calcium chloride in the chemical industry. In addition, the demand for calcium chloride has surged steadily in the cement industry, where it is used as a concrete accelerator. The pace at which construction activities are rising worldwide, especially in the developing regions, is expected to augment the demand for calcium chloride in the coming years.

However, the oversupply of calcium chloride on account of its cheap and affordable mean of production could create challenges for the global calcium chloride market. Furthermore, its corrosive nature could restrict the market’s growth in the coming years to an extent. Against this backdrop, the global calcium chloride market will continue exhibiting a positive CAGR of 4.2% between 2016 and 2024. At this pace, the market is expected to reach US$1.52 bn by the end of 2024. According to Transparency Market Research (TMR), the market stood at US$1.04 bn in 2015.

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Which region will exhibit the most demand for calcium chloride?

Regionally, North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa constitute the key segments within the global calcium chloride market. Among these regions, North America held dominance with a share of nearly 45% in terms of volume in the overall market in 2015. In colder countries, calcium chloride is extensively used for de-icing activities during severe snowfall. Besides this, the rising mining activities worldwide is likely to fuel the demand for calcium chloride in the coming years.

What factors are supporting the market’s growth?

The rising demand for calcium chloride to be used in deicing will remain the chief driver of the global calcium chloride market. Considering the purpose it serves, Japan, Canada, and the US, besides other countries experiencing severe snowfalls during the months of winter, will naturally offer the most lucrative prospects for the market. Besides deicing, the rising use of calcium chloride for dust control applications will augur well for the overall market.

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Calcium chloride can retain moisture for long durations hence it used in unpaved road surfaces as a cost-effective dust suppressant. This is yet another application that will continue gaining traction for the market. In the coming years, the awareness regarding dust control solutions is expected to rise, which will in turn fuel the demand for calcium chloride. In addition, the booming construction industry in emerging nations will result in the higher demand for cement, subsequently creating an environment conducive to the growth of the global calcium chloride market.

Which companies are likely to be at fore of the global calcium chloride market?

The global calcium chloride market exhibits a highly consolidated vendor landscape, with three companies commanding dominance. According to TMR, OxyChem, TETRA Chemicals, and B .J Services held over 69% of the global market in 2015. Despite the prevailing consolidation, these companies are focused on gaining competitive advantage by expanding their regional footprint and widening sales and distribution channels across emerging nations. The diversifying uses of calcium chloride have provided these companies with an opportunity to update their policies and gain edge over competition.

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @ http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry Had

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @ http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi

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