- In the industrial sector, calcium chloride serves as a crucial component in the production of chemicals, pharmaceuticals, and food additives, owing to its properties as a drying agent and desiccant. Furthermore, advancements in drilling technologies in the oil and gas industry have bolstered demand for calcium chloride-based drilling fluids, further propelling market growth
- North America dominated the calcium chloride market with the largest revenue share of 34.62% in 2024, primarily driven by widespread usage in de-icing, oil & gas operations, and dust control applications
- Asia-Pacific region is projected to register the fastest CAGR of 13.8% from 2025 to 2032, driven by growing construction activities, increased demand in food processing, and rapid industrial expansion
- The Liquid Grade segment dominated the market with the largest revenue share of 31.2% in 2024, owing to its high solubility, ease of application, and widespread use in dust control, de-icing, and oilfield brine solutions
