Report overview
Magnesium chloride hexahydrate is Small white flakes with formula (MgCl2.6H2O), which has the property of colorless and easy deliquescence.
It has been widely used in metallurgy, chemical industry, building materials, food and transportation industry. This report studies the magnesium chloride hexahydrate flakes market.
This report aims to provide a comprehensive presentation of the global market for Magnesium Chloride Hexahydrate Flakes, 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 Hexahydrate Flakes. This report contains market size and forecasts of Magnesium Chloride Hexahydrate Flakes in global, including the following market information:
Global Magnesium Chloride Hexahydrate Flakes Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Magnesium Chloride Hexahydrate Flakes Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Magnesium Chloride Hexahydrate Flakes companies in 2022 (%)
The global Magnesium Chloride Hexahydrate Flakes market was valued at US$ 240.8 million in 2022 and is projected to reach US$ 273.1 million by 2029, at a CAGR of 1.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Magnesium Chloride Hexahydrate Flakes key players include Compass Minerals, Xiangjiang, Huitai Group, Changsheng, etc. Global top four manufacturers hold a share about 30%.
Asia Pacific is the largest market, with a share about 70%, followed by North America and Europe, both have a share over 25 percent.
In terms of product, Industry Grade is the largest segment, with a share about 90%. And in terms of application, the largest application is Building Materials Industry, followed by Metallurgical Industry, Chemical Industry, Antifreeze Industry, Food Industry, etc.
We surveyed the Magnesium Chloride Hexahydrate Flakes manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Magnesium Chloride Hexahydrate Flakes Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Magnesium Chloride Hexahydrate Flakes Market Segment Percentages, by Type, 2022 (%)
Food Grade
Industry Grade
Global Magnesium Chloride Hexahydrate Flakes Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Magnesium Chloride Hexahydrate Flakes Market Segment Percentages, by Application, 2022 (%)
Metallurgical Industry
Chemical Industry
Building Materials Industry
Antifreeze Industry
Food Industry
Others
Global Magnesium Chloride Hexahydrate Flakes Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Magnesium Chloride Hexahydrate Flakes Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Magnesium Chloride Hexahydrate Flakes revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Magnesium Chloride Hexahydrate Flakes revenues share in global market, 2022 (%)
Key companies Magnesium Chloride Hexahydrate Flakes sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Magnesium Chloride Hexahydrate Flakes sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Compass Minerals
Dead Sea Works
Nedmag
Alkim
Tinco
Riddhi Siddhi Magnesia Works
Xiangjiang
Huitai Group
Changsheng
Dongyuan Lianhai
Hongyuan Chemical
Xinhai Decing Products
Chenlong
Songchuan
Ruentai Chemical
Qinghai Iron Source Magnesium
Outline of Major Chapters:
Chapter 1: Introduces the definition of Magnesium Chloride Hexahydrate Flakes, market overview.
Chapter 2: Global Magnesium Chloride Hexahydrate Flakes market size in revenue and volume.
Chapter 3: Detailed analysis of Magnesium Chloride Hexahydrate Flakes manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Magnesium Chloride Hexahydrate Flakes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Magnesium Chloride Hexahydrate Flakes capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
