Product
Calcium Chloride Price Trend and Forecast
Calcium Chloride Price Trend and Forecast
Regional Price Trend
Get the latest insights on price movement and trend analysis of Calcium Chloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Calcium Chloride Price Trend for the First Half of 2023
Asia
In the Asia-Pacific market, the price trend of calcium chloride rose consistently due till April. In this region, the calcium chloride market was supported by the rising cost of feedstock materials and the high interest of buyers in this sector. The rising demand from the construction industry, regain in momentum of industrial production after the removal of covid policies, and improvements in the economic conditions supported the growth of the calcium chloride price trend. However, in the later phase of the second quarter, demand from the domestic and international sectors fell, and with the high level of inventories and stabilization of energy costs, causing the prices of calcium chloride faced southwards.
Europe
In European nations, the demand for calcium chloride dipped in the first and second quarters of 2023. The construction industry decreased its demand, and the feedstock prices also failed to provide the required support to the calcium chloride market.
In addition to this, the rise in inflation raised the cost of living, which eventually led to a fall in the buying potential of consumers. There was a slight inclination in the trend in the first month of the second quarter, but after, the prices of calcium chloride consistently fell. The surge in the supply chains and low procurement continued to hamper the price trend in this quarter also.
North America
North America suffered from a workforce shortage, gradually declining demand from the construction industry, and a fall in the prices of feedstock materials. These factors negatively impacted the price trend of calcium chloride in the first and second quarters of 2023. In addition to this, the rise in interest rates and ongoing economic stress on industrial production in this region further caused the price trend to fall steeply.
Analyst Insight
According to Procurement Resource, the price trend of Calcium chloride is estimated to follow a falling trajectory as the demand from the construction sector is likely to stay muted.
Procurement Resource provides latest prices of Calcium Chloride. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Calcium chloride is a white crystalline salt of calcium with high solubility in water. This salt finds applications commonly in several industrial and household applications. It acts as a desiccant for moisture absorption in de-icing roads and food processes. Its ability to attract and hold water molecules makes it effective for tasks like controlling humidity and accelerating concrete curing.
Product Details
| Report Features | Details |
| Product Name | Calcium Chloride |
| Chemical formula | CaCl2 |
| Industrial Uses | Desiccant and moisture controller, Hydrate inhibition, Wastewater treatment, Food and beverage industry |
| CAS Number | 10043-52-4 |
| Molecular weight | 110.98 g/mol |
| HS Code | 28272000 |
| Synonyms | Calcium dichloride |
| Supplier Database | NAMA Chemicals, Tetra Technologies, Solvay, Koruma Klor Alkali, Weifang Haibin Chemical, Oxychem |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
Limestone and hydrochloric acid undergo a neutralization reaction to produce a calcium chloride solution when conditions such as pressure and temperature are set standard.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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