Global Magnesium Chloride Market Size Study, by Form (Liquid, Flakes), Grade (Industrial, Food & Pharmaceutical), Application (Deicing Agent, Dust Suppressant, Chemicals & Derivatives, Building Materials, Pharmaceuticals, Food & Feed, Others), and Regional Forecasts 2022-2032

January 2025 | 285 pages | ID: G2AECEC14463EN
Bizwit Research & Consulting LLP

Abstracts

The Global Magnesium Chloride Market, valued at approximately USD 508.7 million in 2023, is poised for substantial growth at a CAGR of 4.60% over the forecast period 2024-2032. Magnesium chloride, a versatile compound renowned for its hygroscopic and stabilizing properties, is a critical component across diverse industries, including construction, pharmaceuticals, and chemical manufacturing. It finds extensive applications as a deicing agent, dust suppressant, and raw material for chemical derivatives, making it indispensable for modern infrastructure and environmental management.

The surging adoption of magnesium chloride as a cost-effective and eco-friendly solution in deicing operations drives market expansion, particularly in regions experiencing harsh winters. Additionally, its utility in dust suppression for construction and mining activities enhances operational safety and environmental compliance. The industrial and food-grade variants cater to a broad spectrum of applications, from pharmaceutical formulations to food additives. However, fluctuating raw material costs and regional regulatory challenges may temper market growth.

Regionally, North America and Europe dominate the magnesium chloride market due to stringent environmental regulations and widespread adoption in deicing and industrial processes. The Asia Pacific region, on the other hand, is expected to exhibit the fastest growth rate, fueled by rapid urbanization, expanding infrastructure projects, and the increasing demand for construction materials and chemical derivatives in emerging economies such as China and India.

Major market players included in this report are:

• Compass Minerals International, Inc.
• Nedmag B.V.
• Dead Sea Works Ltd.
• Tata Chemicals Ltd.
• Israel Chemicals Ltd. (ICL)
• K+S Aktiengesellschaft
• Riddhi Siddhi Magnesia Works
• Terna Magnesio SRL
• Weifang Hongyuan Chemical Co., Ltd.
• GHC Gerling Holz & Co.
• Magnesia GmbH
• Shouguang Huaxin Chemical Co., Ltd.
• Xinyang Minerals Group
• Qinghai Salt Lake Industry Co., Ltd.
• Haixing Eno Chemical Co., Ltd.

The detailed segments and sub-segment of the market are explained below:

By Form:

• Liquid
• Flakes

By Grade:

• Industrial
• Food & Pharmaceutical

By Application:

• Deicing Agent
• Dust Suppressant
• Chemicals & Derivatives
• Building Materials
• Pharmaceuticals
• Food & Feed
• Others

By Region:

North America:

• U.S.
• Canada

Europe:

• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific:

• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America:

• Brazil
• Mexico

Middle East & Africa:

• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

________________________________________

Key Takeaways:

• Comprehensive market estimates and forecasts for a 10-year period (2022-2032).
• Regional revenue analysis for each market segment.
• Detailed insights into geographical trends with country-specific analyses.
• Strategic recommendations for stakeholders to optimize market opportunities.
• Competitive landscape featuring profiles of major players in the market.
• Analysis of market dynamics, including drivers, challenges, and growth opportunities.

Contents

CHAPTER 1. GLOBAL MAGNESIUM CHLORIDE MARKET EXECUTIVE SUMMARY

1.1. Global Magnesium Chloride Market Size Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Form
  1.3.2. By Grade
  1.3.3. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation Conclusion

CHAPTER 2. GLOBAL MAGNESIUM CHLORIDE MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory Frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL MAGNESIUM CHLORIDE MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Rising Demand from Oil Gas Industry
  3.1.2. Adoption in Construction and Marine Sectors
  3.1.3. Enhanced Chemical Resistance and Durability
3.2. Market Challenges
  3.2.1. High Application Costs
  3.2.2. Complexities in Formulation
3.3. Market Opportunities
  3.3.1. Expansion into Emerging Markets
  3.3.2. Development of Cost-Effective Solutions
  3.3.3. Technological Innovations in Coating Formulations

CHAPTER 4. GLOBAL MAGNESIUM CHLORIDE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation Conclusion

CHAPTER 5. GLOBAL MAGNESIUM CHLORIDE MARKET SIZE FORECASTS BY FORM 2022-2032

5.1. Segment Dashboard
5.2. Global Magnesium Chloride Market: Form Revenue Trend Analysis, 2022 2032 (USD Million/Billion)
  5.2.1. Liquid
  5.2.2. Flakes

CHAPTER 6. GLOBAL MAGNESIUM CHLORIDE MARKET SIZE FORECASTS BY GRADE 2022-2032

6.1. Segment Dashboard
6.2. Global Magnesium Chloride Market: Grade Revenue Trend Analysis, 2022 2032 (USD Million/Billion)
  6.2.1. Industrial
  6.2.2. Food Pharmaceutical

CHAPTER 7. GLOBAL MAGNESIUM CHLORIDE MARKET SIZE FORECASTS BY APPLICATION 2022-2032

7.1. Segment Dashboard
7.2. Global Magnesium Chloride Market: Application Revenue Trend Analysis, 2022 2032 (USD Million/Billion)
  7.2.1. Deicing Agent
  7.2.2. Dust Suppressant
  7.2.3. Chemicals Derivatives
  7.2.4. Building Materials
  7.2.5. Pharmaceuticals
  7.2.6. Food Feed
  7.2.7. Others

CHAPTER 8. GLOBAL MAGNESIUM CHLORIDE MARKET SIZE FORECASTS BY REGION 2022-2032

8.1. North America Magnesium Chloride Market
  8.1.1. U.S. Magnesium Chloride Market
    8.1.1.1. Form Breakdown Size Forecasts, 2022-2032
    8.1.1.2. Grade Breakdown Size Forecasts, 2022-2032
    8.1.1.3. Application Breakdown Size Forecasts, 2022-2032
  8.1.2. Canada Magnesium Chloride Market
    8.1.2.1. Form Breakdown Size Forecasts, 2022-2032
    8.1.2.2. Grade Breakdown Size Forecasts, 2022-2032
    8.1.2.3. Application Breakdown Size Forecasts, 2022-2032
8.2. Europe Magnesium Chloride Market
  8.2.1. UK Magnesium Chloride Market
    8.2.1.1. Form Breakdown Size Forecasts, 2022-2032
    8.2.1.2. Grade Breakdown Size Forecasts, 2022-2032
    8.2.1.3. Application Breakdown Size Forecasts, 2022-2032
  8.2.2. Germany Magnesium Chloride Market
    8.2.2.1. Form Breakdown Size Forecasts, 2022-2032
    8.2.2.2. Grade Breakdown Size Forecasts, 2022-2032
    8.2.2.3. Application Breakdown Size Forecasts, 2022-2032
  8.2.3. France Magnesium Chloride Market
    8.2.3.1. Form Breakdown Size Forecasts, 2022-2032
    8.2.3.2. Grade Breakdown Size Forecasts, 2022-2032
    8.2.3.3. Application Breakdown Size Forecasts, 2022-2032
  8.2.4. Spain Magnesium Chloride Market
    8.2.4.1. Form Breakdown Size Forecasts, 2022-2032
    8.2.4.2. Grade Breakdown Size Forecasts, 2022-2032
    8.2.4.3. Application Breakdown Size Forecasts, 2022-2032
  8.2.5. Italy Magnesium Chloride Market
    8.2.5.1. Form Breakdown Size Forecasts, 2022-2032
    8.2.5.2. Grade Breakdown Size Forecasts, 2022-2032
    8.2.5.3. Application Breakdown Size Forecasts, 2022-2032
  8.2.6. Rest of Europe Magnesium Chloride Market
    8.2.6.1. Form Breakdown Size Forecasts, 2022-2032
    8.2.6.2. Grade Breakdown Size Forecasts, 2022-2032
    8.2.6.3. Application Breakdown Size Forecasts, 2022-2032
8.3. Asia-Pacific Magnesium Chloride Market
  8.3.1. China Magnesium Chloride Market
    8.3.1.1. Form Breakdown Size Forecasts, 2022-2032
    8.3.1.2. Grade Breakdown Size Forecasts, 2022-2032
    8.3.1.3. Application Breakdown Size Forecasts, 2022-2032
  8.3.2. India Magnesium Chloride Market
    8.3.2.1. Form Breakdown Size Forecasts, 2022-2032
    8.3.2.2. Grade Breakdown Size Forecasts, 2022-2032
    8.3.2.3. Application Breakdown Size Forecasts, 2022-2032
  8.3.3. Japan Magnesium Chloride Market
    8.3.3.1. Form Breakdown Size Forecasts, 2022-2032
    8.3.3.2. Grade Breakdown Size Forecasts, 2022-2032
    8.3.3.3. Application Breakdown Size Forecasts, 2022-2032
  8.3.4. Australia Magnesium Chloride Market
    8.3.4.1. Form Breakdown Size Forecasts, 2022-2032
    8.3.4.2. Grade Breakdown Size Forecasts, 2022-2032
    8.3.4.3. Application Breakdown Size Forecasts, 2022-2032
  8.3.5. South Korea Magnesium Chloride Market
    8.3.5.1. Form Breakdown Size Forecasts, 2022-2032
    8.3.5.2. Grade Breakdown Size Forecasts, 2022-2032
    8.3.5.3. Application Breakdown Size Forecasts, 2022-2032
  8.3.6. Rest of Asia Pacific Magnesium Chloride Market
    8.3.6.1. Form Breakdown Size Forecasts, 2022-2032
    8.3.6.2. Grade Breakdown Size Forecasts, 2022-2032
    8.3.6.3. Application Breakdown Size Forecasts, 2022-2032
8.4. Latin America Magnesium Chloride Market
  8.4.1. Brazil Magnesium Chloride Market
    8.4.1.1. Form Breakdown Size Forecasts, 2022-2032
    8.4.1.2. Grade Breakdown Size Forecasts, 2022-2032
    8.4.1.3. Application Breakdown Size Forecasts, 2022-2032
  8.4.2. Mexico Magnesium Chloride Market
    8.4.2.1. Form Breakdown Size Forecasts, 2022-2032
    8.4.2.2. Grade Breakdown Size Forecasts, 2022-2032
    8.4.2.3. Application Breakdown Size Forecasts, 2022-2032
  8.4.3. Rest of Latin America Magnesium Chloride Market
    8.4.3.1. Form Breakdown Size Forecasts, 2022-2032
    8.4.3.2. Grade Breakdown Size Forecasts, 2022-2032
    8.4.3.3. Application Breakdown Size Forecasts, 2022-2032
8.5. Middle East Africa Magnesium Chloride Market
  8.5.1. Saudi Arabia Magnesium Chloride Market
    8.5.1.1. Form Breakdown Size Forecasts, 2022-2032
    8.5.1.2. Grade Breakdown Size Forecasts, 2022-2032
    8.5.1.3. Application Breakdown Size Forecasts, 2022-2032
  8.5.2. South Africa Magnesium Chloride Market
    8.5.2.1. Form Breakdown Size Forecasts, 2022-2032
    8.5.2.2. Grade Breakdown Size Forecasts, 2022-2032
    8.5.2.3. Application Breakdown Size Forecasts, 2022-2032
  8.5.3. Rest of Middle East Africa Magnesium Chloride Market
    8.5.3.1. Form Breakdown Size Forecasts, 2022-2032
    8.5.3.2. Grade Breakdown Size Forecasts, 2022-2032
    8.5.3.3. Application Breakdown Size Forecasts, 2022-2032

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Compass Minerals International, Inc.
  9.1.2. Nedmag B.V.
  9.1.3. Dead Sea Works Ltd.
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. Compass Minerals International, Inc.
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Market Strategies
  9.3.2. Nedmag B.V.
  9.3.3. Dead Sea Works Ltd.
  9.3.4. Tata Chemicals Ltd.
  9.3.5. Israel Chemicals Ltd. (ICL)
  9.3.6. K+S Aktiengesellschaft
  9.3.7. Riddhi Siddhi Magnesia Works
  9.3.8. Terna Magnesio SRL
  9.3.9. Weifang Hongyuan Chemical Co., Ltd.
  9.3.10. GHC Gerling Holz Co.

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes

List Of Tables

LIST OF TABLES

• TABLE 1. Global Magnesium Chloride market, report scope
• TABLE 2. Global Magnesium Chloride market estimates & forecasts by Region 2022-2032 (USD Million/Billion)
• TABLE 3. Global Magnesium Chloride market estimates & forecasts by Form 2022-2032 (USD Million/Billion)
• TABLE 4. Global Magnesium Chloride market estimates & forecasts by Grade 2022-2032 (USD Million/Billion)
• TABLE 5. Global Magnesium Chloride market estimates & forecasts by Application 2022-2032 (USD Million/Billion)
• TABLE 6. Global Magnesium Chloride market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
• TABLE 7. Global Magnesium Chloride market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
• TABLE 8. Global Magnesium Chloride market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
• TABLE 9. Global Magnesium Chloride market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
• TABLE 10. Global Magnesium Chloride market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
• TABLE 11. Global Magnesium Chloride market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
• TABLE 12. Global Magnesium Chloride market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
• TABLE 13. Global Magnesium Chloride market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
• TABLE 14. Global Magnesium Chloride market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
• TABLE 15. U.S. Magnesium Chloride market estimates & forecasts, 2022-2032 (USD Million/Billion)
• TABLE 16. U.S. Magnesium Chloride market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
• TABLE 17. U.S. Magnesium Chloride market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
• TABLE 18. Canada Magnesium Chloride market estimates & forecasts, 2022-2032 (USD Million/Billion)
• TABLE 19. Canada Magnesium Chloride market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
• TABLE 20. Canada Magnesium Chloride market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
• …

List Of Figures

LIST OF FIGURES

• FIG 1. Global Magnesium Chloride market, research methodology
• FIG 2. Global Magnesium Chloride market, market estimation techniques
• FIG 3. Global market size estimates & forecast methods.
• FIG 4. Global Magnesium Chloride market, key trends 2023
• FIG 5. Global Magnesium Chloride market, growth prospects 2022-2032
• FIG 6. Global Magnesium Chloride market, Porter’s 5 Force Model
• FIG 7. Global Magnesium Chloride market, PESTEL analysis
• FIG 8. Global Magnesium Chloride market, value chain analysis
• FIG 9. Global Magnesium Chloride market by segment, 2022 & 2032 (USD Million/Billion)
• FIG 10. Global Magnesium Chloride market by segment, 2022 & 2032 (USD Million/Billion)
• FIG 11. Global Magnesium Chloride market by segment, 2022 & 2032 (USD Million/Billion)
• FIG 12. Global Magnesium Chloride market by segment, 2022 & 2032 (USD Million/Billion)
• FIG 13. Global Magnesium Chloride market by segment, 2022 & 2032 (USD Million/Billion)
• FIG 14. Global Magnesium Chloride market, regional snapshot 2022 & 2032
• FIG 15. North America Magnesium Chloride market 2022 & 2032 (USD Million/Billion)
• FIG 16. Europe Magnesium Chloride market 2022 & 2032 (USD Million/Billion)
• FIG 17. Asia-Pacific Magnesium Chloride market 2022 & 2032 (USD Million/Billion)
• FIG 18. Latin America Magnesium Chloride market 2022 & 2032 (USD Million/Billion)
• FIG 19. Middle East & Africa Magnesium Chloride market 2022 & 2032 (USD Million/Billion)
• FIG 20. Global Magnesium Chloride market, company market share analysis (2023)
• …
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.