Global Magnesium Chloride Market Report, History and Forecast 2019-2030
The global market for Magnesium Chloride was valued at US$ 245.76 million in the year 2023 and is projected to reach a revised size of US$ 341.41 million by 2030, growing at a CAGR of 5.13% during the forecast period 2024-2030.
North American market for Magnesium Chloride was valued at $ 57.19 million in 2023 and will reach $ 79.33 million by 2030, at a CAGR of 5.17% during the forecast period of 2024 through 2030.
Asia-Pacific market for Magnesium Chloride was valued at $ 127.48 million in 2023 and will reach $ 180.62 million by 2030, at a CAGR of 5.39% during the forecast period of 2024 through 2030.
Europe market for Magnesium Chloride was valued at $ 50.67 million in 2023 and will reach $ 67.87 million by 2030, at a CAGR of 4.62% during the forecast period of 2024 through 2030.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Magnesium Chloride, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnesium Chloride.
The Magnesium Chloride market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Magnesium Chloride market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Magnesium Chloride market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
Market Segmentation
This report covers the Magnesium Chloride segments by manufacturers, by Type, by Application, by region and country, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2019-2023, 2024-2030), considering 2023 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
By Company
Compass Minerals
ICL Dead Sea
Nedmag
Alkim
Cargill
Skyline Chemical
NikoMag
DEUSA International GmbH
Jiang Chang Chemical
Shouguang Haixu Chemical
Weifang Haizhiyuan Chemistry
Hongyuan Chemical
Jinsheng Haiyang
Chenlong
SATA
Shandong Haihua Liwei Chemical
Chaoyang Jinda Titanium
Beier
Segment by Type
Anhydrous Magnesium Chloride
Hexahydrate Magnesium Chloride
Segment by Application
Metallurgy
Chemical Industry
Deicing and Dust Control
Food Industry
Building Materials
Others
By Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Middle East
Africa