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IMARC Group’s latest research report, titled “India Calcium Chloride Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The India calcium chloride market is expected to exhibit a CAGR of 3.80% during 2022-2027. Calcium chloride (CaCl2) is the ion-exchange compound of calcium and chlorine. It can be obtained by the Solvay process, brine method, or by-product of magnesium hydroxide. Calcium chloride materializes in the form of beads, and its color ranges from white to off-white. This compound is hygroscopic, which means that it absorbs water from the air. This prolongs the duration of relative humidity and delays corrosion. As a result of these properties, calcium chloride finds widespread applications in medicine, transportation, food preservation, painting, construction, drilling fluids, industrial processing, de-icing, dust control, road stabilization, etc.
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Important Attribute and highlights of the Report:
The escalating utilization of this compound as an accelerator in the cement hydration process for quicker firmness and higher concrete strength is primarily driving the India calcium chloride market. Besides this, the elevating adoption of calcium chloride as a dust-controlling agent for roads and highways to create a layer over dust particles and stabilize the road base is further augmenting the market growth. Apart from this, owing to the growing population and increasing food demand, farmers are utilizing this compound to reduce decay, maintain firmness, prevent crop diseases, etc., which is also catalyzing the market across the country. Moreover, the inflating product requirement as a prescription medicine to treat hypocalcemia, hypermagnesemia, arrhythmias, calcium channel blocker, beta-block overdose, etc., is expected to bolster the India calcium chloride market in the coming years.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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