Calcium Chloride Market to Reach around US$ 2.4 Bn by 2026
In terms of revenue, the global calcium chloride market is projected to expand at a CAGR of 4.4% from 2018 to 2026, according to a new research report titled ‘ Calcium Chloride Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026 ’ by Transparency Market Research (TMR). According to the report, in terms of volume, the global calcium chloride market is expected to reach 5,675.1 kilo tons by 2026. The global calcium chloride market is driven by the rise in drilling fluids and dust control applications. The calcium chloride market in Asia Pacific is estimated to expand at a CAGR of 4.0% during the forecast period, owing to the presence of a large number of manufacturers of calcium chloride in the region. Based on product type, the flakes 77% segment held significant share of the global calcium chloride market in 2017. However, the prills 94% segment expanded significantly in 2017. This trend is projected to continue throughout the forecast p...