GLOBAL CALCIUM CHLORIDE MARKET ESTIMATED TO SURPASS US$ 2.0 BN BY 2027

Pythonholic23 Mar, 2021Business

? In terms of value, the global calcium chloride market was stood around US$ 1.7 Bn in 2018 and is anticipated to expand at a CAGR of more than 4% from 2019 to 2027 ? Based on product type, flakes 77% segment held In terms of volume and value, the flakes 77% segment held the leading share of the market in 2018 due to its wide range of applications such as de-icing, dust control, and industrial water treatment. Calcium chloride liquid has high density, which makes it suitable for usage in drilling fluid applications. It is used as a clear brine fluid during drilling and oilfield completion operations in the oil & gas industry