North America Magnesium Chloride Market Size, Share & Industry Trends Analysis Report By Product (Anhydrous, and Hexahydrate), By End-use (Construction, Textile, Wastewater Treatment Chemicals, Healthcare), By Country and Growth Forecast, 2023 - 2030

North America Magnesium Chloride Market Size, Share & Industry Trends Analysis Report By Product (Anhydrous, and Hexahydrate), By End-use (Construction, Textile, Wastewater Treatment Chemicals, Healthcare), By Country and Growth Forecast, 2023 - 2030


The North America Magnesium Chloride Market would witness market growth of 4.0% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 403.6 Kilo Tonnes, showcasing a growth of 3.8% (2019-2022).

Magnesium is important for muscle function and recovery. Athletes and fitness enthusiasts use its supplements to support muscle health, reduce muscle cramps, and enhance performance. It is crucial for bone health and is often included in supplements for osteoporosis prevention. As the aging population grows and bone health awareness increases, the demand for its supplements has risen. It is used in skincare products for its potential benefits in skin health. It is believed to help with skin conditions, such as acne and eczema, contributing to the growing market of this in skincare.

The growing emphasis on environmental sustainability and reducing chemical pollution has prompted industries to seek eco-friendly alternatives. The compound’s lower environmental impact, particularly in de-icing applications, aligns with these concerns and has driven its adoption. As urban populations expand, so does the demand for infrastructure development. This, in turn, fuels the need for fire-resistant building materials, boosting the demand of it in construction. The agricultural sector's ongoing pursuit of improved crop yields and soil health bodes well for the compound. As precision agriculture and sustainable farming practices become more prevalent, the use of the compound as a soil conditioner will likely increase.

According to U.S. Census Bureau estimates, spending on construction was $1,972.6 billion (seasonally adjusted annual rate) in July 2023, which is 0.7 percent (0.5 percent) more than the previously anticipated $1,958.9 billion in June. Construction spending reached $1,101.5 billion in the first seven months of 2023, a 3.7 percent (1.0 percent) increase over the $1,062.1 billion spent during the same period in 2022. Industrial facilities in Canada use this for dust suppression to maintain a clean and safe work environment, reduce particulate emissions, and protect workers' health. All these factors will uplift the regional market expansion in coming years.

The US region dominated the North America Magnesium Chloride Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $132,839.8 Thousand by 2030. The Canada region is experiencing a CAGR of 6.3% during (2023 - 2030). Additionally, The Mexico region would exhibit a CAGR of 5.4% during (2023 - 2030).

Based on Product, the market is segmented into Anhydrous, and Hexahydrate. Based on End-use, the market is segmented into Construction, Textile, Wastewater Treatment Chemicals, Healthcare, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Compass Minerals International, Inc, Shandong Baomo Biochemical Co., Ltd., ICL Group Ltd. (Israel Corp.), Intrepid Potash Inc., Merck KGaA, Cargill, Incorporated, Nedmag B.V., K+S Aktiengesellschaft, Celtic Chemicals Ltd. and Deusa International GmbH.

Scope of the Study

Market Segments covered in the Report:

By Product (Volume, Kilo Tonnes, USD Million, 2019-30)
  • Anhydrous
  • Hexahydrate
By End-user (Volume, Kilo Tonnes, USD Million, 2019-30)
  • Construction
  • Textile
  • Wastewater Treatment Chemicals
  • Healthcare
  • Others
By Country (Volume, Kilo Tonnes, USD Million, 2019-30)
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Compass Minerals International, Inc
  • Shandong Baomo Biochemical Co., Ltd.
  • ICL Group Ltd. (Israel Corp.)
  • Intrepid Potash Inc.
  • Merck KGaA
  • Cargill, Incorporated
  • Nedmag B.V.
  • K+S Aktiengesellschaft
  • Celtic Chemicals Ltd.
  • Deusa International GmbH
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Magnesium Chloride Market, by Product
1.4.2 North America Magnesium Chloride Market, by End-use
1.4.3 North America Magnesium Chloride Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Magnesium Chloride Market, By Product
4.1 North America Anhydrous Market, By Country
4.2 North America Hexahydrate Market, By Country
Chapter 5. North America Magnesium Chloride Market, By End-use
5.1 North America Construction Market, By Country
5.2 North America Textile Market, By Country
5.3 North America Wastewater Treatment Chemicals Market, By Country
5.4 North America Healthcare Market, By Country
5.5 North America Others Market, By Country
Chapter 6. North America Magnesium Chloride Market, By Country
6.1 US Magnesium Chloride Market
6.1.1 US Magnesium Chloride Market, By Product
6.1.2 US Magnesium Chloride Market, By End-use
6.2 Canada Magnesium Chloride Market
6.2.1 Canada Magnesium Chloride Market, By Product
6.2.2 Canada Magnesium Chloride Market, By End-use
6.3 Mexico Magnesium Chloride Market
6.3.1 Mexico Magnesium Chloride Market, By Product
6.3.2 Mexico Magnesium Chloride Market, By End-use
6.4 Rest of North America Magnesium Chloride Market
6.4.1 Rest of North America Magnesium Chloride Market, By Product
6.4.2 Rest of North America Magnesium Chloride Market, By End-use
Chapter 7. Company Profiles
7.1 Compass Minerals International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 SWOT Analysis
7.2 Shandong Baomo Biochemical Co., Ltd.
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 ICL Group Ltd. (Israel Corp.)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Intrepid Potash Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 SWOT Analysis
7.5 Merck KGaA
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 SWOT Analysis
7.6 Cargill, Incorporated
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Nedmag B.V.
7.7.1 Company Overview
7.8 K+S Aktiengesellschaft
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Celtic Chemicals Ltd.
7.9.1 Company Overview
7.10. Deusa International GmbH
7.10.1 Company Overview

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