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The calcium chloride (CaCl2) market size is forecast to increase by USD 424.2 million at a CAGR of 5.6% between 2023 and 2028. The market is experiencing significant growth due to the recovery of the oil and gas industry and the shale gas boom in North America. The demand for calcium chloride in the oil and gas sector is increasing due to its use as a drilling fluid and as a de-icing agent in harsh winter conditions. Furthermore, the diminishing limestone reserves and stringent regulations are driving the market towards the adoption of calcium chloride as an alternative source for water conditioning and de-icing applications. The market is expected to witness steady growth in the coming years, with a focus on increasing production capacity and improving product quality to cater to the growing demand.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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