Global Magnesium Chloride Hexahydrate Flakes Market Growth 2023-2029
Magnesium chloride hexahydrate is Small white flakes with formula (MgCl2.6H2O), which has the property of colorless and easy deliquescence.
It has been widely used in metallurgy, chemical industry, building materials, food and transportation industry. This report studies the magnesium chloride hexahydrate flakes market.
LPI (LP Information)' newest research report, the “Magnesium Chloride Hexahydrate Flakes Industry Forecast” looks at past sales and reviews total world Magnesium Chloride Hexahydrate Flakes sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnesium Chloride Hexahydrate Flakes sales for 2023 through 2029. With Magnesium Chloride Hexahydrate Flakes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnesium Chloride Hexahydrate Flakes industry.
This Insight Report provides a comprehensive analysis of the global Magnesium Chloride Hexahydrate Flakes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnesium Chloride Hexahydrate Flakes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnesium Chloride Hexahydrate Flakes market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnesium Chloride Hexahydrate Flakes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnesium Chloride Hexahydrate Flakes.
The global Magnesium Chloride Hexahydrate Flakes market size is projected to grow from US$ 228.9 million in 2022 to US$ 262.4 million in 2029; it is expected to grow at a CAGR of 262.4 from 2023 to 2029.
Global Magnesium Chloride Hexahydrate Flakes key players include Compass Minerals, Xiangjiang, Huitai Group, Changsheng, etc. Global top four manufacturers hold a share about 30%.
Asia Pacific is the largest market, with a share about 70%, followed by North America and Europe, both have a share over 25 percent.
In terms of product, Industry Grade is the largest segment, with a share about 90%. And in terms of application, the largest application is Building Materials Industry, followed by Metallurgical Industry, Chemical Industry, Antifreeze Industry, Food Industry, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnesium Chloride Hexahydrate Flakes market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Food Grade
Industry Grade
Segmentation by application
Metallurgical Industry
Chemical Industry
Building Materials Industry
Antifreeze Industry
Food Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Compass Minerals
Dead Sea Works
Nedmag
Alkim
Tinco
Riddhi Siddhi Magnesia Works
Xiangjiang
Huitai Group
Changsheng
Dongyuan Lianhai
Hongyuan Chemical
Xinhai Decing Products
Chenlong
Songchuan
Ruentai Chemical
Qinghai Iron Source Magnesium
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnesium Chloride Hexahydrate Flakes market?
What factors are driving Magnesium Chloride Hexahydrate Flakes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnesium Chloride Hexahydrate Flakes market opportunities vary by end market size?
How does Magnesium Chloride Hexahydrate Flakes break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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