Calcium hydride is a special chemical compound with the formula CaH and is, therefore, an alkaline earth hydride. This grey powder reacts energetically with water liberating hydrogen gas. Calcium hydride is also called hydrolith because CaH2 is a saline hydride, indicating that its structure is salt-like. Calcium hydride is widely utilized as a desiccant for basic solvents such as amines & pyridine. It is also utilized to dry alcohols.
MARKET DYNAMICS
The calcium hydride market has witnessed significant growth owing to factors such as wider application in hydrogen generation, reducing agents for metal oxides, drying agents, and others. Calcium hydride has steadily emerged as one of the most crucial hydride compounds that are increasingly being employed in several applications. The global calcium hydride market is growing owing to the adoption of hydrogen in multiple end-use industries. Calcium hydride is used in widening battery applications, hydrogen storage research, and the creation of fuel cell technology. These factors are anticipated to fuel the growth of the calcium hydride market during the assessment period. Apart from the developing hydrogen, calcium hydride is further used as a desiccant chemical and in the production process of different metals, such as chromium, zirconium, and titanium, using the Hydromet technique. However, various regulations upon this material may restrict the growth of the calcium hydride market. Nevertheless, with the rapid growth in the chemical processing industry and metal industry, there are opportunities for the major market players to invest in this market.
MARKET SCOPE
The "Global Calcium Hydride Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the calcium hydride market with detailed market segmentation by purity, application, and geography. The global calcium hydride market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading calcium hydride market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global calcium hydride market is segmented on the basis of purity, and application. On the basis of purity, the calcium hydride market is segmented into 99 percent and above percent. The calcium hydride market on the basis of the application is classified into hydrogen generation, reducing agent for metal oxides, drying agent, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global calcium hydride market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The calcium hydride market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the calcium hydride market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the calcium hydride market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global calcium hydride market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from calcium hydride market are anticipated to lucrative growth opportunities in the future with the rising demand for calcium hydride in the global market. Below mentioned is the list of few companies engaged in the calcium hydride market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the calcium hydride market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Albemarle Corporation
- Anhui Wotu Chemical Co., Ltd.
- Materion Corporation
- Noah Technologies Corporation
- SHINYA CHEM
- Spectrum Chemical Manufacturing Corp.
- Strem Chemicals, Inc.
- Others
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.