Calcium Acetate Market: Global Opportunity Analysis and Industry Forecast, 2023-2030 Market

Calcium Acetate Market Analysis

Chemical acetate is a chemical compound, which is a calcium salt of acetic acid. Calcium acetate is also known as brown acetate, lime acetate, or vinegar salt. It is white in color and does not have any smell. It has a crystalline solid structure, which is water soluble and insoluble in solvents such as acetone, ethanol, and benzene. Calcium acetate is majorly used in industrial and pharmaceutical settings. It has low level of toxicity, but if exposed to skin or eyes for a longer period of time, can cause irritation. 

COVID-19 scenario:

Due to the spread of this highly contaminating disease, the government had to enforce lockdown in order to contain the spread of this disease. This has adversely affected the industries.  Chemical industry is expected to register a decline in the demand for chemicals except for those which find application in the healthcare sector and food sector. China being the major producer of calcium acetate faced decline in the manufacturing process. This lead to a demand supply gap from China’s end. 

Market dynamics:

Calcium acetate is essentially used in to treat a medical condition called hyperphosphatemia. It is a medical condition where in a person’s phosphate levels are raised than normal level. Calcium acetate is used to treat this condition as it acts as phosphate binder in the treatment. It is also used as a raw material in the formulation of anti- epileptic drugs. Increasing health issues, rapidly changing life styles of the consumers, is driving the market growth for calcium acetate. Additionally, calcium acetate is extensively used in the manufacturing of soaps, printings inks, resins, lubricants among others. It is also utilized in the building and construction industry, and in the waste water treatment plants. In the food and beverage industry, calcium acetate is used as a preservative to keep the food from going bad and increase its shelf life. Due to modernization, changing lifestyles and busy schedules, consumers prefer ready to eat food or packaged food. These packaged food items contain preservatives which are added to increase the shelf life of the food item. Growing awareness about food safety is further promoting the calcium acetate market. Fast growing demand from the end industries such as the pharmaceutical industry and the food and beverage industry is contributing to the growth of calcium acetate market. Calcium acetate is also used as a stabilizer in the pharmaceutical sector. 

However, due to rising awareness, consumer’s shift from food containing preservatives to fresh and organic food is expected to hinder the market growth. Additionally, presence and easy availability of substitute products which have similar application might restrain the growth of calcium acetate market.

Regional analysis:

Asia- Pacific accounts for the largest producer as well as the largest consumer of calcium acetate. Industrial regions such as India, China, and Japan among others are the major contributors in terms of consumption. Calcium acetate is majorly used in waste water treatments, pharmaceutical and consumer goods industry in the region. The rapidly increasing population and rising disposable incomes have increased the demand for calcium acetate from the end user industries in the region. Developed economies such as Europe and North America have invested in to the research and development to diversify the application base of calcium acetate. These regions are expected to grow at a slow rate owing to already saturated market. In regions like Canada, Indonesia and Singapore, the growth in the baking industry is anticipated to have a positive influence on the calcium acetate market growth. 

Key benefits of the report:

• This study presents the analytical depiction of the global calcium acetate market industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global calcium acetate market share.
• The current market is quantitatively analyzed to highlight the global calcium acetate market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed global calcium acetate market analysis depending on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the calcium acetate research report:

• Which are the leading players active in the calcium acetate market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities of the market?
• What are the projections for the future that would help in taking further strategic steps?

 Calcium Acetate Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights