Global Calcium Hydride Market, By Purity (99%, Above 99%), Application (Hydrogen Generation, Reducing Agent for Metal Oxides, Drying Agent, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Calcium Hydride Market
The calcium hydride market is estimated to grow at a compound annual growth rate of 5.00% for the forecast period of 2021 to 2028. Data Bridge Market Research report on calcium hydride market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Calcium hydride is an alkaline earth hydride. Calcium hydride reacts strongly with water liberating the hydrogen gas. It is chiefly used as a source of hydrogen and also used as a drying agent for liquids and gases. Also, calcium hydride is employed as a reducing agent for metal oxides.
The rapid increase in demand for hydrogen gas in experimental purposes is likely to influence the growth of the calcium hydride market. In line with this, the wider application in hydrogen generation, reducing agents for metal oxides, drying agents, and others are also acting as a key determinant which will favor the growth of the calcium hydride market over the forecast period of 2021 to 2028. Furthermore, the increase in demand for hydrogen gas in industrial applications such as production of ammonia and methanol and calcium hydride is used in widening battery applications, hydrogen storage research, and the creation of fuel cell technology are also expected to positively impact the growth of the calcium hydride market. The major factor which is expected to forward the growth of the market is the high adoption of hydrogen in an array of end-use industries.
However, the presence of various alternatives of calcium hydride, such as sodium hydride and lithium aluminum hydride and various regulations upon this material are expected to act as key restraint towards calcium hydride market growth rate in the forecast period of 2021 to 2028. Whereas, the calcium hydride is insoluble in all solvents and it does not react actively as compared to lithium aluminum hydride which is expected to challenge the growth of the calcium hydride market in the above mentioned forecast period.
Furthermore, the rapid growth in the chemical processing industry and metal industry along with the high adoption of hydrogen in multiple end-use industries are expected to offer a variety of growth opportunities for the calcium hydride market in the above mentioned forecast period.
This calcium hydride market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the calcium hydride market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Calcium Hydride Market Scope and Market Size
The calcium hydride market is segmented on the basis of purity and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on purity, the calcium hydride market is segmented into 99% and above 99%.
- The application segment for calcium hydride market is segmented into hydrogen generation, reducing agent for metal oxides, drying agent and others.
Global Calcium Hydride Market Country Level Analysis
The calcium hydride market is analyzed and market size, volume information is provided by country, purity and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the calcium hydride market because of the rapid growth in the chemical industry as well as the high consumption of calcium hydride in the production of hydrogen. Also the rise in consumption of calcium hydride as reducing and drying agent in the chemical industry in, India and China make Asia-Pacific a productive region for calcium hydride.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Calcium Hydride Market Share Analysis
The calcium hydride market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to calcium hydride market.
The major players covered in the calcium hydride market report are Albemarle Corporation, Materion Corporation, SHINYA CHEM, Anhui Wotu Chemical Co., Ltd., Noah Technologies Corporation, Spectrum Chemical Manufacturing Corp., Strem Chemicals, Inc., Nacalai Tesque, Inc., Ottokemi, Vizag Chemical International, Merck KGaA, Alfa Aesar, ALPHA CHEMIKA, POWDER PACK PHY, Triveni chemicals, American Elements, and Graima Calcium Products Pvt. Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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