Global calcium acetate market is projected to grow at a moderate pace through the forecast period (2019-2019). Pegged at 3% CAGR through 2029, growth of calcium acetate market is complemented by continual demand from variegated end-use areas such as pharmaceuticals, food & beverages, and textiles. The bulk demand for calcium acetate will be concentrated in Europe and North America.
Use of calcium acetate as a preservative and food additive has grown considerably in recent years. For instance, demand for calcium acetate in manufacturing dairy products such as milk powder, cream and condensed milk will grow substantially during the forecast period. Moreover, calcium acetate has gained paramount importance in blood dialysis where it is utilized to regulate blood phosphate levels.
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Role of calcium acetate in treating hypophosphatemia has emerged as a crucial pharmaceutical application. Patients suffering from kidney diseases are given oral prescriptions of calcium acetate while they are on dialysis. Calcium acetate significantly reduces the risk of stroke or heart disease by eliminating unsafe build-up of phosphate in the human body.
In addition, use of calcium acetate in manufacturing anti-epileptic drugs will gain significant traction through the forecast period. The pharmaceutical application is projected to drive the calcium acetate market since the use of calcium acetate as food preservative is hindered by shifting consumer focus towards chemical-free, natural products.
The variegated applications of calcium acetate include chemical industry where it is used for manufacturing resins, printing inks, and lubricants among others. In addition, players in building & construction industry use calcium acetate as concrete accelerator. Wastewater treatment and detergent applications employ calcium acetate as well.
Governments in developed regions such as Europe and North America are investing substantial pecuniary resources in R&D activities for diversifying calcium acetate applications. On that premise, Europe will hold the leading Calcium Acetate market share over the forecast period. However, the region is projected to receive headwinds from saturated calcium acetate market.
On the other hand, Asia Pacific will generate noteworthy demand for calcium acetate through 2029. Rising income level, purchasing power parity, and improving lifestyle are to be attributed for this growth. Countries such as Indonesia, Taiwan, Thailand, Japan, and India will be the major contributors of growth. Pharmaceuticals, soaps and detergents are leading end-use industries in these countries.
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Key players in the consolidated calcium acetate market include, Alemark, Merck Millipore, GFS Chemicals, Richman Chemical, Allan Chemical Corp., Avantor Performance Materials, AVA Chemical PVT. LTD., and Hawaii Chemicals & Scientific. Leading players are leveraging economies of scale for sustained competitive advantage.
In view of lucrative capacity expansion opportunities, major producers must invest heavily in emerging markets of India and China. Moreover, low labour costs in these regions are working in favour of calcium acetate manufacturers. Stringent regulatory requirements and overcapacities continue to restrict the market growth in North America. Hence, key players must divert their resources in Asia Pacific and Europe for market leadership.
Collaboration with leaders of end-use industries such as PVC foam manufactures would be beneficial since calcium acetate is used as a blowing material in foam production. Thus strategic alliances with end-use industry leaders is a viable course of action through 2029.
The global calcium acetate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
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The calcium acetate market is likely to secure a CAGR of 3% through 2032.
The calcium acetate market size is estimated to cross USD 68.5 Million by 2032.
The calcium acetate market is likely to record a value of USD 91.58 Million in 2022.
Europe is likely to lead the calcium acetate market.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Key Success Factors 5. Global Market Demand Analysis 2014 to 2018 and Forecast, 2019 to 2029 6. Global Market - Pricing Analysis 7. Global Market Demand (in Value or Size in USD Million) Analysis 2014 to 2018 and Forecast, 2019 to 2029 8. Market Background 9. Global Market Analysis 2014 to 2018 and Forecast 2019 to 2029, by Function 9.1. Texturizer 9.2. Thickener 9.3. Stabilizer 9.4. Firming Agent 9.5. Others 10. Global Market Analysis 2014 to 2018 and Forecast 2019 to 2029, By Application 10.1. Pharmaceuticals 10.2. Agriculture 10.3. Food and Beverages 10.3.1. Bakery 10.3.2. Confectionery 10.3.3. Sauces & Dressings 10.3.4. Snacks 10.3.5. Dairy Products 10.3.6. Meat & Poultry Products 10.3.7. Others 10.4. Pet Food 11. Global Market Analysis 2014 to 2018 and Forecast 2019 to 2029, by Region 11.1. North America 11.2. Latin America 11.3. Europe 11.4. Asia Pacific 11.5. Middle East & Africa 12. North America Market Analysis 2014 to 2018 and Forecast 2019 to 2029 13. Latin America Market Analysis 2014 to 2018 and Forecast 2019 to 2029 14. Europe Market Analysis 2014 to 2018 and Forecast 2019 to 2029 15. Asia Pacific Market Analysis 2014 to 2018 and Forecast 2019 to 2029 16. Middle East and Africa Market Analysis 2014 to 2018 and Forecast 2019 to 2029 17. Key and Emerging Countries for Market Analysis 18. Market Structure Analysis 19. Competition Analysis 19.1. Allan Chemical Corp. 19.2. Nithyasri Chemicals 19.3. Akshay Group of Companies 19.4. AVA Chemical PVT. LTD. 19.5. GFS Chemicals Inc. 19.6. Amsyn Inc 19.7. Macco Organiques Inc 19.8. Hawaii Chemicals & Scientific 19.9. Alemark Inc 19.10. Richman Chemical 19.11. Lab Express International 20. Assumptions and Acronyms Used 21. Research Methodology
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Calcium Acetate Market
