According to the latest report by IMARC Group, titled, “Japan Calcium Chloride Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The Japan calcium chloride market is expected to exhibit a CAGR of 4.16% during 2022-2027.
Calcium chloride (CaCl2), also known as calcium dichloride, is an odorless, deliquescent, ionic compound, which is solid at room temperature and highly soluble in water. It is obtained by neutralizing hydrochloric acid with calcium hydroxide. It is widely used across Japan to treat calcium deficiency in the body and reduce the risk of calcium disorders due to low calcium levels in the body.
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Japan Calcium Chloride Market Trends and Drivers:
There is an increase in the adoption of CaCl2 as a food additive and flavor enhancer in the food and beverage (F&B) industry. This, in confluence with the escalating demand for ready-to-eat (RTE) food products on account of a considerable working population and hectic schedules, represents one of the major factors strengthening the market growth in Japan. In addition, the growing number of unexplored oil and gas reservoirs is driving the market in the country. Furthermore, there is a rise in the need for CaCl2 to improve the condition and enhance the productivity and safety of mining equipment, which is contributing to the market growth. Moreover, CaCl2 is widely employed in the construction industry as a concrete accelerator to improve the strength of the concrete. This, in confluence with the increasing construction activities in the country, is expected to drive the market.
Japan Calcium Chloride Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players.
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The report has segmented the market based on application, product type, raw material and grade.
Breakup by Application:
- De-Icing
- Dust Control and Road Stabilization
- Drilling Fluids
- Construction
- Industrial Processing
- Others
Breakup by Product Type:
- Liquid
- Hydrated Solid
- Anhydrous Solid
Breakup by Raw Material:
- Natural Brine
- Solvay Process (by-Product)
- Limestone and HCL
- Others
Breakup by Grade:
- Food Grade
- Industrial Grade
Breakup by Region:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
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