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Calcium Chloride Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 142
  • SKU: IRTNTR45372
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The calcium chloride market share is expected to increase to USD 354.99 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.19%.

This calcium chloride market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers calcium chloride market segmentation by application (de-icing and dust control, oil and gas, construction, pharmaceuticals, and others) and geography (North America, Europe, APAC, Middle East and Africa, and South America). The calcium chloride market report also offers information on several market vendors, including Alibaba Group Holding Ltd., Auro Chemical Industries Pvt. Ltd., ECPlaza Network Inc., Hawkins Inc., Junction Capital Partners, Keg River Chemical Corp., Koruma Klor Alkali San, NAMA Chemicals, Nedmag BV, Occidental Petroleum Corp., Sameer Chemicals, Sitara Chemical Industries Ltd., Solvay SA, Sulaksh Chemiclas, Tengfei Chemical Calcium Co. Ltd., TETRA Technologies Inc., Tiger Calcium Services Inc., Ward Chemical Inc., Weifang Haibin Chemical Co. Ltd., and Zirax Ltd. among others.

What will the Calcium Chloride Market Size be During the Forecast Period?

Calcium Chloride Market Size

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Calcium Chloride Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The recovery of the oil and gas industry is notably driving the calcium chloride market growth, although factors such as rising health concerns due to extensive use of calcium chloride may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the calcium chloride industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Calcium Chloride Market Driver

One of the key factors driving the global calcium chloride market growth is the recovery of the oil and gas industry. In the oil and gas industry, calcium chloride is used as completion fluids, drilling muds, and cementing operations. The recent record prices of oil and gas have had a positive effect on fossil fuel exploration activities, leading to increased demand for drilling fluid components, including calcium chloride. China is the largest producer and consumer of petrochemical products. The increasing use of calcium chloride in various end-use industries such as food and beverages, de-icing, and water treatment is likely to fuel the growth of the petrochemicals market in the region as industrialization is at a fast pace coupled with the booming construction sector. Thus, the stabilizing oil and gas industry is likely to boost the growth of the market in the forecast years.

Key Calcium Chloride Market Trend

Shale gas boom in North America is one of the key calcium chloride market trends that is expected to impact the industry positively in the forecast period. In the oil and gas industry, calcium chloride is used in completion fluids, drilling muds, and in cementing operations. The advancements, such as a combination of horizontal drilling and hydraulic fracturing, coupled with high oil and gas prices, have enabled a significant increase in the exploration and production of oil and gas in the US. The US benefits due to the easy access to domestic energy resources, which has reduced the country's dependence on imported oil and gas. Thus, the shale gas boom in North America is an essential trend in the global calcium chloride market, which will be ultimately boosting the application of calcium chloride in the oil and gas industry during the forecast period.

Key Calcium Chloride Market Challenge

One of the key challenges to the global calcium chloride market growth is the rising health concerns due to the extensive use of calcium chloride. The extensive use of calcium chloride can have a harmful effect on human health. Over or excessive exposure to calcium chloride can have severe effects on the skin, eyes, and respiratory organs. Moreover, the direct contact of calcium chloride with the skin causes burns, especially after it comes in contact with a large quantity of water. Furthermore, the inhalation of dust particles of calcium chloride causes respiratory tract irritation. Ingestion of calcium chloride causes irritation in the throat, mouth, and gastrointestinal tract. Excess intake can lead to bouts of vomiting and diarrhea. Therefore, utmost care and protection should be maintained while using calcium chloride. Safety precautions are to be taken to safeguard so that it does not come in contact with the skin. It should also be taken care of that calcium chloride dust is not inhaled.

This calcium chloride market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global calcium chloride market as a part of the global chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the calcium chloride market during the forecast period.

Who are the Major Calcium Chloride Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Alibaba Group Holding Ltd.
  • Auro Chemical Industries Pvt. Ltd.
  • ECPlaza Network Inc.
  • Hawkins Inc.
  • Junction Capital Partners
  • Keg River Chemical Corp.
  • Koruma Klor Alkali San
  • NAMA Chemicals
  • Nedmag BV
  • Occidental Petroleum Corp.
  • Sameer Chemicals
  • Sitara Chemical Industries Ltd.
  • Solvay SA
  • Sulaksh Chemiclas
  • Tengfei Chemical Calcium Co. Ltd.
  • TETRA Technologies Inc.
  • Tiger Calcium Services Inc.
  • Ward Chemical Inc.
  • Weifang Haibin Chemical Co. Ltd.
  • Zirax Ltd.

 

This statistical study of the calcium chloride market encompasses successful business strategies deployed by the key vendors. The calcium chloride market is fragmented and the vendors are deploying growth strategies such as new product launches to compete in the market.

Product Insights and News

  • ECPlaza Network Inc. - The company offers calcium chloride products such as flake and pallets.
  • Occidental Petroleum Corp. - The company offers calcium chloride such as Briners Choice, Downflake, Food Grade Pallets, Liquidow Tech Grade, Peladow Premier, and others.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The calcium chloride market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Calcium Chloride Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the calcium chloride market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Calcium Chloride Market?

Calcium Chloride Market Share by Geography

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51% of the market’s growth will originate from North America during the forecast period. The US is the key market for calcium chloride in North America. Market growth in this region will be faster than the growth of the market in other regions.

The recovery of the oil and gas industry will facilitate the calcium chloride market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 caused a temporary closure of construction projects and the oil & gas industry, which led to reduced sales of calcium chloride in North America. In addition, obstruction in the supply of calcium chloride due to closed international trading and disruption in the transportation of non-essential goods resulted in a decline in the sales of calcium chloride. However, the reopening of international trading and rescheduled construction projects are expected to enhance the market’s growth in North America during the forecast period.

What are the Revenue-generating Application Segments in the Calcium Chloride Market?

Calcium Chloride Market Share

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The calcium chloride market share growth by the de-icing and dust control segment will be significant during the forecast period. Calcium chloride used before a snow or ice storm prevents the snow and ice from accumulating on the road, thus making it easy to clear the road. It is used as a de-icing agent as it quickly melts snow and ice. In dust control applications, it is used owing to its effective road stabilization and dust abatement properties. Calcium chloride has natural hygroscopic properties, which help retain the moisture, which ultimately reduces road dust and aids in soil stabilization. Such factors will drive the segment in the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the calcium chloride market size and actionable market insights on post COVID-19 impact on each segment.

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Calcium Carbide market - The market share is expected to increase by USD 4.01 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6.98%. 

Calcium Nitrate market - The market share is expected to increase by USD 2.79 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 5.35%. 

Calcium Chloride Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.19%

Market growth 2022-2026

$ 354.99 million

Market structure

Fragmented

YoY growth (%)

4.62

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 51%

Key consumer countries

US, China, India, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alibaba Group Holding Ltd., Auro Chemical Industries Pvt. Ltd., ECPlaza Network Inc., Hawkins Inc., Junction Capital Partners, Keg River Chemical Corp., Koruma Klor Alkali San, NAMA Chemicals, Nedmag BV, Occidental Petroleum Corp., Sameer Chemicals, Sitara Chemical Industries Ltd., Solvay SA, Sulaksh Chemiclas, Tengfei Chemical Calcium Co. Ltd., TETRA Technologies Inc., Tiger Calcium Services Inc., Ward Chemical Inc., Weifang Haibin Chemical Co. Ltd., and Zirax Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Calcium Chloride Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive calcium chloride market growth during the next five years
  • Precise estimation of the calcium chloride market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the calcium chloride industry across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of calcium chloride market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 De-icing and dust control - Market size and forecast 2021-2026
      • Exhibit 28: Chart on De-icing and dust control - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on De-icing and dust control - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on De-icing and dust control - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on De-icing and dust control - Year-over-year growth 2021-2026 (%)
    • 5.4 Oil and gas - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Oil and gas - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Oil and gas - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Oil and gas - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Oil and gas - Year-over-year growth 2021-2026 (%)
    • 5.5 Construction - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Construction - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Construction - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Construction - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Construction - Year-over-year growth 2021-2026 (%)
    • 5.6 Pharmaceuticals - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Pharmaceuticals - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Pharmaceuticals - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Pharmaceuticals - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Pharmaceuticals - Year-over-year growth 2021-2026 (%)
    • 5.7 Others - Market size and forecast 2021-2026
      • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.8 Market opportunity by Application
      • Exhibit 48: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 52: Chart on Geographic comparison
      • Exhibit 53: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 62: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 70: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 Germany - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.10 China - Market size and forecast 2021-2026
      • Exhibit 82: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.11 France - Market size and forecast 2021-2026
      • Exhibit 86: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.12 India - Market size and forecast 2021-2026
      • Exhibit 90: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 91: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 92: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 93: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 94: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 97: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 98: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 99: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 100: Matrix on vendor position and classification
            • 10.3 ECPlaza Network Inc.
              • Exhibit 101: ECPlaza Network Inc. - Overview
              • Exhibit 102: ECPlaza Network Inc. - Product / Service
              • Exhibit 103: ECPlaza Network Inc. - Key offerings
            • 10.4 Hawkins Inc.
              • Exhibit 104: Hawkins Inc. - Overview
              • Exhibit 105: Hawkins Inc. - Business segments
              • Exhibit 106: Hawkins Inc. - Key news
              • Exhibit 107: Hawkins Inc. - Key offerings
              • Exhibit 108: Hawkins Inc. - Segment focus
            • 10.5 Occidental Petroleum Corp.
              • Exhibit 109: Occidental Petroleum Corp. - Overview
              • Exhibit 110: Occidental Petroleum Corp. - Business segments
              • Exhibit 111: Occidental Petroleum Corp. - Key offerings
              • Exhibit 112: Occidental Petroleum Corp. - Segment focus
            • 10.6 Solvay SA
              • Exhibit 113: Solvay SA - Overview
              • Exhibit 114: Solvay SA - Business segments
              • Exhibit 115: Solvay SA - Key news
              • Exhibit 116: Solvay SA - Key offerings
              • Exhibit 117: Solvay SA - Segment focus
            • 10.7 Tengfei Chemical Calcium Co. Ltd.
              • Exhibit 118: Tengfei Chemical Calcium Co. Ltd. - Overview
              • Exhibit 119: Tengfei Chemical Calcium Co. Ltd. - Product / Service
              • Exhibit 120: Tengfei Chemical Calcium Co. Ltd. - Key offerings
            • 10.8 TETRA Technologies Inc.
              • Exhibit 121: TETRA Technologies Inc. - Overview
              • Exhibit 122: TETRA Technologies Inc. - Business segments
              • Exhibit 123: TETRA Technologies Inc. - Key offerings
              • Exhibit 124: TETRA Technologies Inc. - Segment focus
            • 10.9 Tiger Calcium Services Inc.
              • Exhibit 125: Tiger Calcium Services Inc. - Overview
              • Exhibit 126: Tiger Calcium Services Inc. - Product / Service
              • Exhibit 127: Tiger Calcium Services Inc. - Key offerings
            • 10.10 Ward Chemical Inc.
              • Exhibit 128: Ward Chemical Inc. - Overview
              • Exhibit 129: Ward Chemical Inc. - Product / Service
              • Exhibit 130: Ward Chemical Inc. - Key offerings
            • 10.11 Weifang Haibin Chemical Co. Ltd.
              • Exhibit 131: Weifang Haibin Chemical Co. Ltd. - Overview
              • Exhibit 132: Weifang Haibin Chemical Co. Ltd. - Product / Service
              • Exhibit 133: Weifang Haibin Chemical Co. Ltd. - Key offerings
            • 10.12 Zirax Ltd.
              • Exhibit 134: Zirax Ltd. - Overview
              • Exhibit 135: Zirax Ltd. - Product / Service
              • Exhibit 136: Zirax Ltd. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 137: Inclusions checklist
                • Exhibit 138: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 139: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 140: Research methodology
                • Exhibit 141: Validation techniques employed for market sizing
                • Exhibit 142: Information sources
              • 11.5 List of abbreviations
                • Exhibit 143: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Calcium Chloride Market market growth will increase by $354.99 mn during 2022-2026.
              The calcium chloride market market is expected to grow at a CAGR of 5.19% during 2022-2026.
              Technavio has segmented the calcium chloride market market by application (de-icing and dust control, oil and gas, construction, pharmaceuticals, and others) and geography (North America, Europe, APAC, Middle East and Africa, and South America).
              Alibaba Group Holding Ltd., Auro Chemical Industries Pvt. Ltd., ECPlaza Network Inc., Hawkins Inc., Junction Capital Partners, Keg River Chemical Corp., Koruma Klor Alkali San, NAMA Chemicals, Nedmag BV, Occidental Petroleum Corp., Sameer Chemicals, Sitara Chemical Industries Ltd., Solvay SA, Sulaksh Chemiclas, Tengfei Chemical Calcium Co. Ltd., TETRA Technologies Inc., Tiger Calcium Services Inc., Ward Chemical Inc., Weifang Haibin Chemical Co. Ltd., Zirax Ltd. are a few of the key vendors in the calcium chloride market market.
              North America will register the highest growth rate of 51% among the other regions. Therefore, the calcium chloride market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the calcium chloride market market growth are:
              • Recovery of oil and gas industry
              • Shale gas boom in North America
              The calcium chloride market market vendors should focus on grabbing business opportunities from the de-icing and dust control segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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