Key Players and Their Business Strategies
Major players operating in the global calcium chloride powder anhydrous market include 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.
Mergers and acquisitions, strategic collaborations, new product launch, and business expansions are the key strategies adopted by key players to retain their market share. For instance, in May 2018, Zirax LLC., one of the leading player involved in the manufacturing and supplying of specialty chemicals worldwide announced to start shipments of its high purity synthetic food grade calcium chloride under the brand name Fudix, in Croatia, Europe. Fudix is calcium chloride anhydrous 95-98%. It is an odorless, white pellet or powder, which is an inorganic salt. Fludix is commonly used in cheese production for the process of milk protein coagulation.
Further, in February 2014, TETRA Technologies Inc. had acquired WIT Water Transfer LLC to expand its business segment. WIT Water Transfer LLC. provides water management services with operational centers in Tilden and Carrizo Springs and Texas.
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