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The global deep hole drilling machines market size was valued at $611.1 million in 2019 and is projected to reach $784.1 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. Deep hole drilling machines are utilized for drilling holes with depth-to-diameter (D:d) more than 10:1 and up to 400:1. It is especially designed for manufacturing of accurate and straight drilled workpieces, which find application in various industries, including automotive parts, medical and surgical tools, aerospace & defense related parts, and others Test.

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Which is base year calculated in the global deep hole drilling machines market report?

The global deep hole drilling machines market size was valued at $611.1 million in 2019 and is projected to reach $784.1 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. Deep hole drilling machines are utilized for drilling holes with depth-to-diameter (D:d) more than 10:1 and up to 400:1. It is especially designed for manufacturing of accurate and straight drilled workpieces, which find application in various industries, including automotive parts, medical and surgical tools, aerospace & defense related parts, and others Test.

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, 2020-2027

ID:VMR11210314

April 2021

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 XX BN (by revenue) in 2019 and is anticipated to reach USD XX BN by 2025 with a CAGR of XX%. By volume, the market was estimated XX KT in 2019 and is expected to reach XX KT by 2026 with a CAGR of XX%.

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

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.

Global Magnesium Chloride Market Share by Region (Representative Graph)

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 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY
       2.1. Highlights of Magnesium Chloride Market
       2.2. Global Magnesium Chloride Market Snapshot

3 . MAGNESIUM CHLORIDE – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Magnesium Chloride Market
       3.3. Market Restraints of Magnesium Chloride Market
       3.4. Opportunities of Magnesium Chloride Market
       3.5. Trends of Magnesium Chloride Market
       3.6. Porter’s Five Force Analysis of Magnesium Chloride Market
       3.7. Magnesium Chloride Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Product
           3.7.2 Market Attractive Analysis by Application
           3.7.3 Market Attractive Analysis by Region

4 . VALUE CHAIN ANALYSIS
       4.1. Magnesium Chloride Value Chain Analysis
       4.2. Magnesium Chloride Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Magnesium Chloride Raw Material Manufactures List
           4.2.3. Price Trend of Magnesium Chloride Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend

5 . GLOBAL MAGNESIUM CHLORIDE MARKET ANALYSIS BY PRODUCT
       5.1 Overview by Product
       5.2 Global Magnesium Chloride Market Analysis by Product
       5.3 Market Analysis of Anhydrous Magnesium chloride by Regions
       5.4 Market Analysis of Hexahydrate Magnesium chloride by Regions

6 . GLOBAL MAGNESIUM CHLORIDE MARKET ANALYSIS BY APPLICATION
       6.1 Overview by Application
       6.2 Global Magnesium Chloride Market Analysis by Application
       6.3 Market Analysis of Metallurgy by Regions
       6.4 Market Analysis of Chemical Industry by Regions
       6.5 Market Analysis of Building Material by Regions
       6.6 Market Analysis of Food by Regions
       6.7 Market Analysis of Road Stabilization & Ice Control by Regions
       6.8 Market Analysis of Others by Regions

7 . GLOBAL MAGNESIUM CHLORIDE MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview
           7.3.2. North America Magnesium Chloride Market Estimate by Market Segment
           7.3.3. North America Magnesium Chloride Market Estimate by Country
           7.3.4. United State
           7.3.5. Rest of North America
       7.4. Europe
           7.4.1. Overview
           7.4.2. Europe Magnesium Chloride Market Estimate by Market Segment
           7.4.3. Europe Magnesium Chloride Market Estimate by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7 Rest of Europe
       7.5. Asia Pacific
           7.5.1. Overview
           7.5.2. Asia Pacific Magnesium Chloride Market Estimate by Market Segment
           7.5.3. Asia Pacific Magnesium Chloride Market Estimate by Country
           7.5.4. China
           7.5.5. Japan
           7.5.6. India
           7.5.7. Rest of Asia Pacific
       7.6. Latin America
           7.6.1. Overview
           7.6.2. Latin America Magnesium Chloride Market Estimate by Market Segment
          7.6.3. Latin America Magnesium Chloride Market Estimate by Country
           7.6.4. Brazil
           7.6.5. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview
           7.7.2. Middle East & Africa Magnesium Chloride Market Estimate by Market Segment
           7.7.3. Middle East & Africa Magnesium Chloride Market Estimate by Country
           7.7.4. Middle East
           7.7.5. Africa

8 . COMPETITIVE LANDSCAPE OF THE MAGNESIUM CHLORIDE COMPANIES
       8.1. Magnesium Chloride Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments

9 . COMPANY PROFILES OF MAGNESIUM CHLORIDE INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. Alkim
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. Caustic JSC
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. Compass Minerals
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. Dead Sea Works
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. DEUSA International Gmbh
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. Huitai Group
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. K + S KALI Gmbh
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. Nedmag
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. Recent Developments
       9.11. Skyline Chemical Corporation
           9.11.1. Company Overview
           9.11.2. Financials
           9.11.3. Products
           9.11.4. Recent Developments
       9.12. Songchuan
           9.12.1. Company Overview
           9.12.2. Financials
           9.12.3. Products
           9.12.4. Recent Developments
       9.13. The pioneer Magnesia Works Pvt Ltd
           9.13.1. Company Overview
           9.13.2. Financials
           9.13.3. Products
           9.13.4. Recent Developments
       9.14. Weifang Bell Chemical Co. ltd
           9.14.1. Company Overview
           9.14.2. Financials
           9.14.3. Products
           9.14.4. Recent Developments
       9.15. Weifang Haibin Chemicals Co. Ltd
           9.15.1. Company Overview
           9.15.2. Financials
           9.15.3. Products
           9.15.4. Recent Developments
       9.16. WeiFang Hongyuan Chemical Co. Ltd
           9.16.1. Company Overview
           9.16.2. Financials
           9.16.3. Products
           9.16.4. Recent Developments

10. IMPACT ANALYSIS OF COVID-19 OUTBREAK
10.1. Impact Analysis of Covid-19 Outbreak on the Market
10.1.1. Direct Impact on Production
10.1.2. Supply Chain and Market Disruption
10.1.3. Financial Impact on Firms and Financial Markets
10.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
10.3. Pre V/S Post COVID-19 Market
10.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Market Size in 2020, by Scenario
10.5. COVID-19: Micro and Macro Factor Analysis on the Market

*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

LIST OF TABLES

LIST OF FIGURES

Research Scope of Magnesium Chloride Report
Market Research Process
Market Research Methodology
Global Magnesium Chloride Market Size, by Region (2019)
Porters Five Forces Analysis
Market Attractiveness Analysis by Product
Market Attractiveness Analysis by Application
Market Attractiveness Analysis by Region
Value Chain Analysis
Global Magnesium Chloride Market Analysis by Product
Global Magnesium Chloride Market Analysis in Anhydrous Magnesium chloride by Region
Global Magnesium Chloride Market Analysis in Hexahydrate Magnesium chloride by Region
Global Magnesium Chloride Market Analysis by Application
Global Magnesium Chloride Market Analysis in Metallurgy by Region
Global Magnesium Chloride Market Analysis in Chemical Industry by Region
Global Magnesium Chloride Market Analysis in Building Material by Region
Global Magnesium Chloride Market Analysis in Food by Region
Global Magnesium Chloride Market Analysis in Road Stabilization & Ice Control by Region
Global Magnesium Chloride Market Analysis in Others by Region
Global Magnesium Chloride Market by Volume And Revenue
North America Magnesium Chloride Market by Volume And Revenue
Europe Magnesium Chloride Market by Volume And Revenue
Asia Pacific Magnesium Chloride Market by Volume And Revenue
Latin America Magnesium Chloride Market by Volume And Revenue
Middle East & Africa Magnesium Chloride Market by Volume And Revenue
Recent Development in Magnesium Chloride Industry
Company Market Share Analysis, 2019

* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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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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ID:VMR11210314

April 2021

Report Formats: