Key Findings
On account of the increasing construction activity in the region, the calcium chloride market in the Asia-Pacific is predicted to exhibit a 6.47% CAGR over the forecast years of 2019-2027.

Market Insights
The Asia Pacific calcium chloride market is driven by several applications such as drilling & completion fluids, expanding oil & gas sector, maintaining pH buffer of the swimming pool water, food preservation, agriculture, and medicine. The increasing rate of urbanization is also contributing significantly to the market expansion. The China calcium chloride market is expected to lead throughout the forecast period. This is closely followed by the Japanese and Indian market.

Agriculture is a major end-user industry for the Indian calcium chloride market as calcium chloride is a cost-effective source of crop nutrient. However, in recent times, the market is facing major challenges concerning the diminishing limestone reserves and possible adverse health effects of calcium chloride.

Competitive Insights
Industry players like Nedmag, Quingdao Huadong Calcium Producing Co. Ltd., Zirax Limited, The Dow Chemical Company (Occidental Chemical Corporation), Solvay SA, Tiger Calcium, Hill Brother Chemical Company, Aditya Birla Chemicals Ltd., Tangshan Sanyou Chemical Industries Co., Ltd., Weifang Taize Chemical Industry Co. Ltd., Weifang Haibin Chemical Co. Ltd., Auro Chemical, BJ Services Company, Peters Chemical Company, and Tetra Chemicals are competing in the market.