PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1743379
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1743379
Magnesium Chloride Market Introduction and Overview
According to SPER market research, 'Magnesium Chloride Market Size- By Product, By End-User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Magnesium Chloride Market is predicted to reach 828.33 million by 2034 with a CAGR of 4.54%.
Magnesium chloride, abbreviated as MgCl2, is an inorganic mineral salt derived from seawater and brine. It usually manifests as an odourless, colourless, bitter powdery material. It is very soluble in water and tends to absorb moisture from the surroundings. It is commercially obtained by combining magnesium hydroxide and hydrochloric acid.
Restraints: Along with the potential, the magnesium chloride market faces a number of obstacles. One key difficulty is competition from other materials such as sodium chloride and calcium chloride, which can be less expensive in some applications. Furthermore, the awareness and perception of magnesium chloride as a superior option must be increased, particularly in areas where traditional de-icing materials predominate.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Product, By End-User
Regions covered
Compass Minerals International, Inc, K+S Aktiengesellschaft, Israel Chemicals Ltd, Shandong
Companies Covered
Compass Minerals International, Inc, K+S Aktiengesellschaft, Israel Chemicals Ltd, Shandong Haihua Group Co., Ltd, Huitai Investment Group Co., Ltd, Interpid Postah, Inc, Tianjin Changlu Haiging Group Co., Ltd, DEUSA international GmbH, Nedmag B.V, Nikomag OJSC.
Magnesium Chloride Market Segmentation:
By Product: Based on the Product, Global Magnesium Chloride Market is segmented as; Anhydrous Magnesium Chloride, Hexahydrate Magnesium Chloride.
By End-User: Based on the End-User, Global Magnesium Chloride Market is segmented as; Textile, Wastewater Treatment Chemicals, Healthcare, Construction, Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
1.1. Scope of the report
1.2. Market segment analysis
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER's internal database
2.1.4. Premium insight from KOL's
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER's Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6.1. Global Magnesium Chloride Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Magnesium Chloride Market
7.1. Anhydrous Magnesium Chloride
7.2. Hexahydrate Magnesium Chloride
8.1. Textile
8.2. Wastewater Treatment Chemicals
8.3. Healthcare
8.4. Construction
8.5. Others
9.1. Global Magnesium Chloride Market Size and Market Share
10.1. Asia-Pacific
10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Spain
10.2.5. United Kingdom
10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada
10.4.2. Mexico
10.4.3. United States
10.5. Latin America
10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America
11.1. Compass Minerals International, Inc
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. K+S Aktiengesellschaft
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Israel Chemicals Ltd
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Shandong Haihua Group Co, Ltd
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Huitai Investment Group Co., Ltd
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
1.6. Interpid Postah, Inc
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Tianjin Changlu Haiging Group Co., Ltd
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. DEUSA International GmbH
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Nedmag B.V
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Nikomag OJSC
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others