Growing requirement for calcium chloride from the applications of dust-control and de-icing is propelling the calcium chloride market ahead. Calcium chloride lowers the sub-zero temperatures of water and curbs dust on roads by merging with atmosphere’s air. This is the reason why it is used as a dust-control and de-icing agent.
Deeming the components described above, the market is expected to experience vital increase in demand from the applications of de-icing. However, probable drawbacks of calcium chloride and policies with regard to its usage may hinder the market from growing further.
The calcium chloride market was estimated at more than USD 815 million in 2013. It is projected to rise from 2014 to 2020, at a CAGR of about 6 percent.