According to the latest report by IMARC Group, titled, “Europe Calcium Chloride Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The Europe calcium chloride market is expected to exhibit a CAGR of 1.90% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:

Calcium chloride (CaCl2) is a whitish, odorless, and anhydrous salt, which is the ionic compound of calcium cations and chloride anions. It can be created by the Solvay process, via the brine method, or as a by-product of magnesium hydroxide. Calcium chloride materializes in the form of beads, and its color ranges from white to off-white. It is hygroscopic, meaning that it absorbs water from the air, which lengthens 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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Europe Calcium Chloride Market Trends and Drivers:

The escalating utilization of this compound as an accelerator in the cement hydration process for quicker firmness and higher concrete strength is primarily fueling the Europe calcium chloride market. Besides this, the inflating product need as a dust-controlling agent on roads and highways to create a layer over dust particles and stabilize the road base is further stimulating the market growth. Apart from this, owing to the growing population and the increasing food demand, farmers are using this compound to reduce decay, maintain firmness, prevent crop diseases, etc., which is also propelling the regional market. Moreover, the elevating product requirement as a prescription medicine to treat hypocalcemia, hypermagnesemia, arrhythmias, calcium channel blocker, beta-block overdose, etc., is expected to bolster the Europe calcium chloride market over the forecasted period.

Note: 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.

Europe Calcium Chloride Market 2022-2027 Competitive Analysis and Segmentation:

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The report has segmented the market based on application, product type, raw material and grade.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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