Global Calcium Chloride Market to Grow at a CAGR of 5.75%, With Occidental Chemical, Solvay, Tangshan Sanyou Group, TETRA Technologies & Tiger Calcium Services Dominating - Research and Markets
Research and Markets has announced the addition of the "Global
Calcium Chloride Market 2017-2021" report to their offering.
The global calcium chloride market to grow at a CAGR of 5.75% during the
period 2017-2021.
The report, Global Calcium Chloride Market 2017-2021, has been prepared
based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the
coming years. The report also includes a discussion of the key vendors
operating in this market.
One trend in market is shale gas boom in North America. Recently, the
shale revolution has led to the high production of oil and natural gas
in the US. In oil and gas industry, calcium chloride is used in
completion fluids, drilling muds and in cementing operations.
Technological advancements, such as a combination of horizontal drilling
and hydraulic fracturing, coupled with high oil and gas prices have
enabled manufacturing of plentiful oil and gas in the US. Also, the US
is benefitted by the accessibility of domestic energy resources, which
reduces the country's dependence on imported energy. Resources of shale
oil and natural gas are found in shale formations, which contain a major
accumulation of natural gas and oil.
According to the report, one driver in market is recovery of oil and gas
industry. The rising demand for petrochemical products has boosted the
growth of the petrochemical industry, globally. In the oil and gas
industry, calcium chloride is used as completion fluids, drilling muds,
and in cementing operations. Recent development in the North American
shale gas market has brought stability to pricing as well as demand and
supply fluctuation of oil and gas. According to the recent record prices
for oil and gas, it is having a positive effect on fossil fuel
exploration, leading to increased demand for drilling fluid components
including calcium chloride.
Key vendors:
-
Occidental Chemical Corporation
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Solvay
-
Tangshan Sanyou Group
-
TETRA Technologies
-
Tiger Calcium Services
Other prominent vendors:
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Qingdao Huadong Calcium Producing Co. Ltd.
-
Ward Chemical
-
Weifang Haibin Chemical
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Zirax
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Tengfei Chemical Calcium
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Market trends
PART 10: Vendor landscape
PART 11: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/x6v6cz/global_calcium
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Copyright Business Wire 2017
Source: Business Wire
(May 11, 2017 - 5:40 AM EDT)
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