Key Findings
Rising demand from the FMCG sector and oil and gas industry is expected to increase the CAGR of Europe calcium chloride market by 3.96% between the estimated years of 2019-2027. Calcium Chloride also finds a key utility in the packaged food industry in this region.
Market Insights
Pharmaceutical and packaged food industry in the region has witnessed a rise in the adoption of calcium chloride for several purposes. Although the United Kingdom market captured the highest share in 2018, it is the German market that is expected to exhibit the highest CAGR over the projected period. According to the German government, many cities were badly impacted by snowfall, resulting in economic loss of around $1310 million in 2015. As a result, the government has made a considerable investment in the market, as calcium chloride is an excellent de-icing material.
Competitive Insights
Companies like Tangshan Sanyou Chemical Industries Co., Ltd., Peters Chemical Company, The Dow Chemical Company (Occidental Chemical Corporation), Quingdao Huadong Calcium Producing Co. Ltd., Auro Chemical, Weifang Haibin Chemical Co. Ltd., Tiger Calcium, Tetra Chemicals, Hill Brother Chemical Company, Zirax Limited, Aditya Birla Chemicals Ltd., Solvay SA, BJ Services Company, Weifang Taize Chemical Industry Co. Ltd., and Nedmag are dealing in this market.