Market Trends of Calcium Peroxide Industry
This section covers the major market trends shaping the Calcium Peroxide Market according to our research experts:
Increasing Demand from Food and Beverage Industry
- In metallurgical processes, such as ore leaching, concentrate preparation, or eluent treatment, calcium peroxide is widely used as an oxidant. It is mainly used as an oxidant in the mining industry for the production of precious metals, like gold and silver.
- Addition of calcium peroxide may vary from 0.1 to 5.0 kg/metric ton, more preferably from 0.1 to 2.0 kg/metric ton, yet more preferably from 0.1 to 1.0 kg/metric ton (calculated on the basis of 100% calcium peroxide) depending on the nature of the ore.
- For instance, the amount used depends on whether the ore contains silver or silver and gold, or silver, gold and other precious metals. Upper limits of calcium peroxide addition is determined by pH effects and process economics.
- In the recent times, the cyanidation process is extensively used for gold production, which involves the leaching of gold comprising ores by diluting aqueous cyanide solutions in the presence of lime and oxygen.
- Calcium peroxide is added to increase the total oxygen concentration during the leaching process in the system and to promote deeper leaching by direct oxidation. Moreover, toxic intermediates are not formed during the single-step cyanide oxidation. It is also commonly used to remove cyanides from wastewater in the downstream side.
- Furthermore, Canada and Mexico are anticipated to show a robust growth due to increasing mining activities in these regions, which is expected to further augment the usage of calcium peroxide, through the forecast period
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China to Dominate the Asia-Pacific Market
- The consumption of calcium hydroxide in China is likely to witness healthy growth during the forecast period, owing to the increasing demand from several end-user industries.
- The food and beverages market of China has witnessed major growth in the last two decades, with the advent of modern supermarkets, increasing urbanization, changing food habits, and the constant introduction of new food products.
- Around 13,100 new bakery products have been introduced, which accounted for around 14.44% of the total new food products launched in the country. This increasing availability of new bakery products is likely to boost the growth in the consumption of calcium peroxide in the region.
- China dominated the global mining industry in the last decade, owing to its constantly growing consumption of minerals.
- China is the global leader in gold production since it overtook South Africa in 2007, and produces approximately 13% of the global production.
- Such factors are expected to increase the demand for calcium peroide in the Asia-Pacific region.
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