Lucintel’s latest market report analyzed that calcium hydride provides attractive opportunities in the hydrogen generation, reducing agent for metal oxides, and drying agent applications. The calcium hydride market is expected to reach $1,012.8 million by 2028 with a CAGR of 4.7%. In this market, above 99% is the largest segment by purity, whereas hydrogen generation is largest by application.
Based on purity, the calcium hydride market is segmented into ≤ 99% and above 99%. The above 99% segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the widespread use of 99.5% pure calcium hydride as a portable hydrogen generating agent.
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The Calcium Hydride Market is marked by the presence of several big and small players. Some of the prominent players offering calcium hydride include Albemarle, Materion, SHINYA CHEM, Anhui Wotu Chemical, and Noah Technologies.
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