Calcium Chloride Powder Anhydrous MarketSize and Trends

Market Introduction and Dynamics

Calcium chloride is an inorganic compound with the chemical formula CaCl₂. It is a salt of calcium and chlorine, which works as an ionic halide. Anhydrous calcium chloride is used in various application. Wide applications of calcium chloride anhydrous powder and the increasing demand from the various end-use industries is the major factor propelling growth of the market. Anhydrous calcium chloride is used in the chemical, pharmaceutical, textile, and dyestuff industries among others. In the chemical industry, it is used in the production of calcium silicate and calcium stearate. Also, it is used as a dehydrating and drying agent for organic gases and liquids and in desiccators. In medicines, anhydrous calcium chloride is used as electrolyte replacement and as an anti-allergic agent. In textile industry it is used as sizing agent and it is also used in the refrigeration plants for the preparation of brine solution. Furthermore, it has also been used in concrete acceleration and dust control. Thus, the wide applicability of the anhydrous calcium chloride is considered as the major driver for the market growth.

Moreover, anhydrous form of calcium chloride is used in food and beverages industry. For instance, Nedmag B.V. produces anhydrous food grade calcium chloride (94-97%), as a food additive. It is a substance composed of small white prills of anhydrous calcium chloride under the brand name nedMag Ca. It is used in many food products as a source for calcium, including cheese and beer bottling in order to regulate the hardness of water and in canned food to increase the firmness.

Market Outlook

Asia Pacific is anticipated to witness the fastest growth in the calcium chloride powder anhydrous market during the forecast period. The steadily rising chemical industry in the region is expected to support the market growth. For instance, according to the data provided by the Federation of Indian Chambers of Commerce & Industry (FICCI) in 2014, the chemical and petrochemical industry in India, was evaluated at US$ 118 Billion in 2014 and is expected to record a tremendous growth with a CAGR of 8% during the next five years. Thus, the rising chemical sector is expected to support the regional market growth.