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Calcium Chloride Market | The Advanced Properties Of Calcium Chloride Than Conventional Materials to Boost the Market Growth | Technavio


The global calcium chloride market size is poised to grow by USD 373.61 million during 2020-2024, progressing at a CAGR of 6% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

The advanced properties of Calcium Chloride are expected to drive the growth of this market. A couple of important properties of calcium chloride over other materials are its de-icing and ice melting properties. In comparison to magnesium chloride, rock salt, and urea, calcium chloride offers the optimum blend of de-icing properties for sidewalk, driveways, streets, and parking lots for winter maintenance. Additionally, calcium chloride can melt ice three times faster than other materials while melting ice at low temperatures. These are the few advantages that calcium chloride over other materials is expected to be the main factor that drives the growth of the calcium chloride market during the forecast period.

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Demand from F&B processing industry will be a Key Market Trend

Calcium chloride is heavily used in the F&B industry, as it helps in increasing the firmness of fruits and vegetables and maintaining the shape of fruits and vegetables in processing and cooking. Not only this there are other uses of calcium chloride in this industry which makes this compound a popular choice in the food and beverage industry.

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Calcium Chloride Market 2020-2024: Key Highlights

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Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Application

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

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