Calcium Chloride Anhydrous Powder is fastest growing segment fueling the growth of Calcium Chloride Market
The global Calcium Chloride Market is estimated to be valued at US$ 159.25 Bn in 2023 and is expected to exhibit a CAGR of 4.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Calcium chloride is a water-soluble salt and hygroscopic dehydrating agent. It is a chemical compound derived from naturally occurring calcium chloride minerals. It is used as a desiccant, accelerant and sequestrant. Market Key Trends: One of the major trends in the calcium chloride powder anhydrous market is its increasing usage as an additive in concrete. Calcium chloride acts as an accelerator in concrete which helps it gain strength early on. It allows concrete pour to continue even in cold weather and helps reduce the curing time. This is increasing its demand from the construction industry. The growth in infrastructure and real estate development is expected to propel the demand for calcium chloride powder d...