Rise in Demand in Deicing & Industrial Applications to Drive the Freeze Conditioner Agents Market


Posted January 18, 2019 by dmTMR1

Freeze conditioner agents are chemicals that reduce the freezing rate by retaining the moisture on the surface on which they are applied. Recent technological advancements have improved the chemical products & techniques to combat freezing.

 
Transparency Market Research (TMR) provides key insights on the freeze conditioner agents market in its latest report titled “Freeze Conditioner Agents Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026.” According to the report, rising demand in deicing and industrial applications is predicted to drive the freeze conditioner agents market during the forecast period. According to the report, this is prompting companies to increase the production of freeze conditioner agents. Additionally, easy availability of raw materials to manufacture freeze conditioner agents is anticipated to boost its demand in the near future.

The report has segmented the freeze conditioner agents market based on product into magnesium chloride, calcium chloride, sodium chloride, polymer emulsion, and others. Out of these, the sodium chloride segment dominates the market, due to extensive usage of these freeze conditioner agents in end-use industries such as transportation across the globe.

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In terms of regional perspective, the global freeze conditioner agents market is segregated into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Among these, Europe and North America are anticipated to constitute major share of the global market during the forecast period. The freeze conditioner agents market in North America is projected to expand at a significant pace from 2018 to 2026, owing to the rise in demand for these chemicals for road deicing applications. Europe is anticipated to be an attractive market for freeze conditioner agents between 2018 and 2026, owing to the increase in demand for these chemicals in industrial applications in the region.

Major players operating in the global freeze conditioner agents market are included in this report to give a better competitive landscape and these are Compass Minerals International, Inc., Israel Chemicals Ltd, and BASF SE. These players engage in research & development activities, strategic alliances, and mergers & acquisitions to gain market share.

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Tags freeze conditioner agents market , freeze conditioner agents market forecast , freeze conditioner agents market share , freeze conditioner agents market size
Last Updated January 18, 2019