Press release
Magnesium Chloride market Size Analysis, Industry Outlook, & Region Forecast, 2027 | Top Key Players Israel Chemicals Ltd, K+S Kali AG, Nedmag B.V, Intrepid Potash, Inc.,etc
Magnesium Chloride market
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Market Dynamics:
The materials and chemicals industry is rapidly gaining traction over the forecast period and is expected to expand significantly in the coming years. Technological advancements and rising innovation are key factors boosting global market growth. The global Magnesium Chloride market is projected to register robust revenue CAGR during the forecast period between 2021 and 2028. Increasing awareness about green energy and eco-friendly biodegradable products, environmental impact due to carbon emissions are few key factors supporting market growth. High demand for various chemicals and raw materials in various industrial sectors such as food and technology, pharmaceutical and biotechnology, manufacturing, paint and coating, paper, plastic among others. In addition, increasing research and development activities, growing demand for products like perfumes, soaps and detergents for daily usage along with rising disposable income across the globe are further boosting market growth.
The report offers in depth insight about prominent players in the market, their market position, global and financial standing, license agreement, brand promotions and product portfolio. The global Magnesium Chloride market is highly competitive and consist of various key players at global and regional levels. These players are adopting various strategies like joint ventures, collaborations, partnerships, and new product launches to strengthen their market position.
Leading companies operating in the market and profiled in the report include:
Israel Chemicals Ltd, K+S Kali AG, Nedmag B.V, Intrepid Potash, Inc., DEUSA international GmbH, Nikomag OJSC, Weifang Yuze Chemical Co., Ltd, Huitai Investment Group Co., Ltd, Tianjin Changlu Haijing Group Co., Ltd, and Weifang Dongyuan Lianhai Chemical Co., Ltd.
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Magnesium Chloride Market Segmentation:
Form Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
Solid
Liquid
Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
Hexahydrate Magnesium Chloride
Anhydrous Magnesium Chloride
Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
Building material
Deicing agent
Food & feed
Drugs
Chemical & derivatives
Dust suppressant
Others
End-user Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
Construction
Chemical
Food & beverage
Pharmaceutical
Others
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The Magnesium Chloride market is segmented into five major regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Regional Outlook:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Table Of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technology
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2027
Chapter 3. Indicative Metrics
Chapter 4. Magnesium Chloride Market Segmentation & Impact Analysis
4.1. Magnesium Chloride Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. The expansion of the construction sector
4.2.2.2. The elevating demand of Magnesium Chloride as a de-icing agent
4.2.2.3. Continuous expansion of the pharmaceutical industry
4.2.3. Market restraints analysis
4.2.3.1. Toxicity of Magnesium Chloride
4.2.3.2. Availability of substitutes
4.3. Technological Insights
4.4. Regulatory Framework
Continued….
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