In the Asia Pacific, calcium chloride prices steadily rose till April, bolstered by elevated feedstock costs, robust construction demand, and industrial recovery post-covid measures. However, Q2’s latter phase witnessed decreased domestic and international demand, along with high inventories and stabilized energy costs, leading to price declines. European demand dipped across both quarters due to decreased construction and feedstock price support. Inflation and reduced consumer buying power exacerbated the decline. North America faced workforce shortages, declining construction demand, and falling feedstock prices in both quarters, further driven by rising interest rates and economic stress, causing significant calcium chloride price decreases.
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Definition
Calcium chloride is a highly soluble white crystalline salt with hygroscopic properties, readily absorbing moisture from the air. It has a wide liquid range, remaining liquid at lower temperatures than water, making it useful for de-icing. It’s non-toxic and extensively used for dust control, drying agents, and concrete acceleration. Its versatile nature extends to applications in the food industry, medicine, and water treatment, showcasing its significance as a multifunctional compound.
Key Details About the Calcium Chloride Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Calcium Chloride in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Calcium Chloride Price chart, including India Calcium Chloride price, USA Calcium Chloride price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Calcium Chloride Price Trend:
Calcium chloride finds extensive industrial application due to its hygroscopic properties and versatility. It is used for dust control on roads, as a desiccant to absorb moisture in gas and liquid streams, and in concrete acceleration. The compound serves as a brine for refrigeration plants, acts as a drying agent in the petrochemical industry, and aids in water treatment for controlling algae and improving hardness. It’s employed as a flux in the production of metals, like aluminum, and as a source of calcium in various processes. These diverse applications highlight calcium chloride’s importance across industries for its moisture-absorbing and functional attributes.
Key Players:
- NAMA Chemicals
- Tetra Technologies
- Solvay
- Koruma Klor Alkali
- Weifang Haibin Chemical
- Oxychem
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