Calcium Chloride Procurement Research – Market Trends and Spend Analysis by SpendEdge

March 14, 2018

LONDON–(BUSINESS WIRE)–#calciumchloride–Global procurement intelligence advisory firm, SpendEdge,
has announced the release of their ‘Calcium
Chloride Market Procurement Research Report.’ The insights and
data in this report provide a strategic analysis of the supply markets,
factors influencing purchasing decisions, procurement best practices,
pricing models, supplier landscape, and an analysis of the supplier
capability matrix for the chemicals
industry. This report breaks down the data and analysis behind
the procurement of calcium chloride and acts as an all-inclusive guide
for making smart purchasing decisions.

“The demand for calcium chloride is expected to grow globally due to
its widespread use in end-use industries such as F&B, construction, and
oil and gas,” says SpendEdge procurement analyst Anil Seth. “Also, by
engaging in JVs the suppliers are trying to expand their reach to other
regions and compete on a global scale to gain better revenues and
profits,” added Anil.

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Procurement analysts at SpendEdge highlight the following top three
market trends that are contributing to the growth of the Global Calcium
Chloride Market:

Development of new salt-based formulations for liquid batteries
Growing use of calcium chloride solution as a liquid desiccant
Growing number of JVs between suppliers

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Development of new salt-based formulations for liquid batteries:

A professor at MIT, US developed a new liquid battery technology that
used calcium chloride. A company later commercialized this technology by
making use of new salt-based formulations of lithium chloride,
magnesium, and calcium chloride. Such formulations enable a higher rate
of ion exchange than the original liquid battery technology, thereby
enabling it to operate at low temperatures. Moreover, this technology
makes use of both magnesium and calcium, which eliminates the need for
an expensive separation process.

Growing use of calcium chloride solution as a liquid desiccant:

Conventional desiccants are being replaced with calcium chloride
solution due to its essential properties including its affinity with
water vapor, chemical and physical stability, and its ability to attract
water vapor. Also, by replacing CFCs, HCFCs, and harmful gases with
low-cost calcium chloride solution the buyers in this market space can
reduce their overall production costs.

Growing number of JVs between suppliers:

Engaging in JVs enables the suppliers to utilize each other’s resources
to cater to regional and global demand. Hence, through JVs the suppliers
are trying to strengthen their reach and portfolio to enhance their
capabilities and compete with prominent suppliers across the globe.
Moreover, it enables them to use each other’s resources and also
improves the buyer’s negotiation margins.

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Contacts

SpendEdge
Anirban Choudhury
Marketing Consultant
US: +1
630 984 7340
[email protected]