Global Magnesium Chloride Market Report By Product (Anhydrous Magnesium Chloride And Hexahydrate Magnesium Chloride), By Application (Metallurgy, Chemical Industry, Building Material, Food, Road Stabilization & Ice Control And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2018-2025
ID:VMR11210314
December 2018
Report Formats:

The growing demand of MgCl2 from food, pharmaceutical, textile, construction, agriculture, and other end-use industries is driving the market growth. Use of MgCl2 in reducing the risk of tumors, arteriosclerosis, prostate diseases, kidney stones and intestinal disorders is pushing its demand in the pharmaceutical industry. Also, rising demand in the production of magnesia cements, foamed concrete, gas concrete and glass magnesium glass and tiles is further boosting its demand across residential and commercial construction. Increasing usage in infant food, nutritional supplements are again contributing significantly in market growth.

The latest report by Value Market Research expects the Global Magnesium Chloride Market to reach USD 4.4 billion by 2025. It was valued USD 3.2 billion in 2018. The report foresees a 4.5% CAGR from 2019 to 2025.
 
MAGNESIUM CHLORIDE ANHYDROUS DOMINATED THE PRODUCT SEGMENT
In 2018, magnesium chloride anhydrous emerged as the leading product segment by accounting the highest market share. Rising demand for metal processing, the automotive, construction sector is driving the segment growth.
 
BUILDING MATERIAL DOMINATED THE APPLICATION SEGMENT
By application, building material led the segment in 2018. The booming construction sector, increasing demand for new residential and commercial infrastructure, ongoing urbanization is driving the segment growth. Robust demand for magnesium-based cement owing to high strength, quick settling time and greater bonding ability is fueling its demand across the construction sector.
 
ASIA PACIFIC DOMINATED THE REGIONAL MARKET
In 2018, Asia Pacific emerged as the leading region and has accounted highest market share. Increase in renovation and refurbishment activities along with the rise in spending over the construction of roads, bridges and other public utility infrastructure is driving the regional market demand. China owing to the highest producer of MgCl2 followed by favorable governmental support to expand the production lines is further boosting the regional market growth.
 
KEY PLAYERS OF THE MARKET
The market is highly competitive owing to presence of various key players such as Alkim, Caustic JSC, Compass Minerals, Dead Sea Works, DEUSA International Gmbh, Huitai Group, K + S KALI Gmbh, Nedmag, Skyline Chemical Corporation, Songchuan, The pioneer Magnesia Works Pvt Ltd, Weifang Bell Chemical Co. ltd, Weifang Haibin Chemicals Co. Ltd and WeiFang Hongyuan Chemical Co. Ltd.

As per this study the Global Magnesium Chloride Market was valued USD 3.2 BN (by revenue) in 2018 and is anticipated to reach USD 4.4 BN by 2025 with a CAGR of 4.5%. By volume, the market was estimated XXX KT in 2018 and is expected to reach XXX KT by 2025 with a CAGR of X.X%.
 
Magnesium chloride (MgCl2) is a white colored naturally occurring inorganic salt that is extracted from rich sources of salt like the Dead Sea and brine. It is majorly used in the production of magnesium metal but has usage in food and beverage, pharmaceutical, textile, paper, road stabilization, building materials and other application.
 
Market Dynamics
 
Rising usage of MgCl2 in textile, road maintenance, building material, cosmetic, paper, food and beverage, and other end-use industries is driving the market growth. Robust demand of magnesium from the manufacturing sector is again pushing the market growth. Additionally, the rise in adoption of magnesium alloys from aerospace and automotive industries is again pushing the demand of Magnesium chloride market. However, the availability of low-cost substitutes is likely to hamper the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of Magnesium chloride.
 
Market Segmentation
 
The broad magnesium chloride market has been sub-grouped into type, application and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Product

  • Anhydrous Magnesium chloride
  • Hexahydrate Magnesium chloride
 
By Application
  • Metallurgy
  • Chemical Industry
  • Building Material
  • Food
  • Road Stabilization & Ice Control
  • Others
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for magnesium chloride in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Magnesium Chloride Market By Revenue (USD MN)
 
Europe Magnesium Chloride Market By Revenue
 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the magnesium chloride market includes Alkim, Caustic JSC, Compass Minerals, Dead Sea Works, DEUSA International Gmbh, Huitai Group, K + S KALI Gmbh, Nedmag, Skyline Chemical Corporation, Songchuan, The pioneer Magnesia Works Pvt Ltd, Weifang Bell Chemical Co. ltd, Weifang Haibin Chemicals Co. Ltd and WeiFang Hongyuan Chemical Co. Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.

1. INTRODUCTION

  • Introduction To Magnesium Chloride
  • Report Description
    • Objectives Of The Study
    • Assumptions
  • Research Scope
  • Research Methodology
    • Data Source
 
2. EXECUTIVE SUMMARY
  • Market Highlight
  • Global Magnesium Chloride Market: Snapshot
 
3. MARKET ANALYSIS
  • Drivers
  • Restraints
  • Opportunities
  • Porter’s Five Forces Analysis
  • Value Chain Analysis
 
4. MAGNESIUM CHLORIDE MARKET ANALYSIS BY PRODUCT
  • Market In Anhydrous Magnesium chloride
  • Market In Hexahydrate Magnesium chloride
 
5. MAGNESIUM CHLORIDE MARKET ANALYSIS BY APPLICATION
  • Market In Metallurgy
  • Market In Market In Chemical Industry
  • Market In Building Material
  • Market In Food
  • Market In Road Stabilization & Ice Control
  • Market In Others
 
6. MAGNESIUM CHLORIDE MARKET ANALYSIS BY GEOGRAPHY
  • North America (NA)
    • North America Market Estimates
    • North America Market Estimates By Country
    • United States (U.S.) Market Estimates By Segments
    • Rest Of North America Market Estimates By Segments
  • Europe (EU)
    • Europe Market Estimates
    • Europe Market Estimates By Country
    • United Kingdom (UK) Market Estimates By Segments
    • Germany Market Estimates By Segments
    • France Market Estimates By Segments
    • Rest Of Europe Market Estimates By Segments
  • Asia Pacific (APAC)
    • Asia Pacific Market Estimates
    • Asia Pacific Market Estimates By Country  
    • China Market Estimates By Segments
    • Japan Market Estimates By Segments
    • India Market Estimates By Segments
    • Rest Of Asia Pacific Market Estimates By Segments  
  • Latin America (LA)   
    • Latin America Market Estimates
    • Latin America Market Estimates By Country
    • Brazil Market Estimates By Segments
    • Rest Of Latin America Market Estimates By Segments
  • Middle East And Africa (MEA)   
    • Middle East And Africa Market Estimates
    • Middle East And Africa Market Estimates By Country
    • Middle East Market Estimates By Segments
    • Africa Market Estimates By Segments
 
7. COMPETITIVE LANDSCAPE OF THE MAGNESIUM CHLORIDE COMPANIES
  • Market Competition
  • Partnerships/Collaborations/Agreements
  • Mergers And Acquisitions
  • New Product Launches
  • Other Developments
 
8. COMPANY PROFILES OF THE MAGNESIUM CHLORIDE INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
  • Alkim
  • Caustic JSC
  • Compass Minerals
  • Dead Sea Works
  • DEUSA International Gmbh
  • Huitai Group
  • K + S KALI Gmbh
  • Nedmag
  • Skyline Chemical Corporation
  • Songchuan
  • The pioneer Magnesia Works Pvt Ltd
  • Weifang Bell Chemical Co. ltd
  • Weifang Haibin Chemicals Co. Ltd
  • WeiFang Hongyuan Chemical Co. Ltd
 
* Tentative TOC
 
LIST OF TABLES
 
Table 1.  Market Highlights Of Magnesium Chloride
Table 2.  Global Magnesium Chloride Market By Product
Table 3.  Global Magnesium Chloride Market By Application
Table 4.  Global Magnesium Chloride Market By Geography
Table 5.  North America Magnesium Chloride Market
Table 6.  Europe Magnesium Chloride Market
Table 7.  Asia Pacific Magnesium Chloride Market
Table 8.  Latin America Magnesium Chloride Market
Table 9.  Middle East And Africa Magnesium Chloride Market 
Table 10. Partnership/Collaboration/Agreements
Table 11. Mergers And Acquisitions
Table 12. New Product Development
Table 13. Other Developments
  
LIST OF FIGURES
 
Fig. 1.     Market Segmentation Of Magnesium Chloride Market 
Fig. 2.     Top-Down Approach   
Fig. 3.     Bottom-Up Approach   
Fig. 4.     Market Highlights Of Magnesium Chloride
Fig. 5.     Porter’s Five Forces Analysis
Fig. 6.     Value Chain Analysis
Fig. 7.     Global Magnesium Chloride Market By Product
Fig. 8.     Global Magnesium Chloride Market By Application
Fig. 9.     Global Magnesium Chloride Market By Geography
Fig. 10.   North America Magnesium Chloride Market
Fig. 11.   Europe Magnesium Chloride Market
Fig. 12.   Asia Pacific Magnesium Chloride Market
Fig. 13.   Latin America Magnesium Chloride Market
Fig. 14.   Middle East And Africa Magnesium Chloride Market
Fig. 15.   Market Share Of Magnesium Chloride Companies
Fig. 16.   Recent Developments In Magnesium Chloride Industry
 
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.  

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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