Magnesium Chloride Global and Regional Perspectives Report 2025-2031: Market Size, Share, and Analysis

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Magnesium Chloride- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global Magnesium Chloride market size was US$ 253 million in 2024 and is forecast to a readjusted size of US$ 366 million by 2031 with a CAGR of 5.1% during the forecast period 2025-2031.

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Magnesium chloride is a chemical compound composed of magnesium and chlorine, represented by the chemical formula MgCl2. It is an ionic compound, meaning it is formed through the electrostatic attraction between positively charged magnesium ions (Mg2+) and negatively charged chloride ions (Cl−). Magnesium chloride is one of the most common and versatile magnesium salts, known for its high solubility in water and its wide range of applications across industries, healthcare, and environmental management.





According to the new market research report "Magnesium Chloride- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031", published by QYResearch, the global Magnesium Chloride market size is projected to reach USD 0.34 billion by 2030, at a CAGR of 5.1% during the forecast period.

According to QYResearch Top Players Research Center, the global key manufacturers of Magnesium Chloride include Compass Minerals, Nedmag, Chaoyang Jinda Titanium, ICL Dead Sea, Shandong Haihua Liwei Chemical, SATA, NikoMag, Chenlong, Hongyuan Chemical, Cargill, etc. In 2023, the global top 10 players had a share approximately 51.0% in terms of revenue.

Market Drivers:

D1: Rapid urbanization in developing countries, especially in Asia-Pacific, has led to increased demand for construction materials, including those derived from magnesium chloride. Infrastructure projects such as roads, bridges, and commercial buildings contribute significantly to market growth.

D2: Increased occurrences of extreme winter weather have boosted demand for de-icing agents, with magnesium chloride being a preferred choice in colder regions. Its effectiveness at lower temperatures makes it suitable for harsh winter climates in North America, Europe, and parts of Asia.

D3: Magnesium metal, derived from magnesium chloride, is used in lightweight automotive and aerospace components to enhance fuel efficiency and reduce emissions.



Restraint:

R1: High risks involved magnesium chloride production is heavily dependent on natural brine sources such as salt lakes, seawater, and underground deposits. Droughts or excessive rainfall can affect salt lake levels and brine concentrations. Overexploitation of key sources like the Dead Sea may pose long-term sustainability challenges. Many significant brine sources are located in politically sensitive regions, such as the Middle East (Dead Sea) and South America (Salar de Atacama). Political instability or trade restrictions in these areas can disrupt supply chains.

R2: Calcium chloride and sodium chloride are often cheaper and more readily available alternatives to magnesium chloride in de-icing and dust control applications. Compounds like potassium chloride and dolomite can serve as substitutes for magnesium chloride in agriculture, especially in regions with cost-sensitive markets.

R3: Magnesium chloride absorbs moisture, making transportation and storage challenging. Special handling and packaging are required, adding to logistics costs.



Trend:

Growing Demand for Eco-Friendly De-icing Solutions: Magnesium chloride is increasingly favored over traditional de-icing agents like sodium chloride due to its lower environmental impact. It is less corrosive to infrastructure and vehicles, making it a preferred choice in regions with stringent environmental regulations.

Expansion in Construction and Infrastructure Development: Magnesium oxychloride cement (MOC), derived from magnesium chloride, is gaining popularity for its lightweight and high-strength properties. The compound is also used in fireproofing materials, making it essential in modern construction practices.

Technological Advancements in Production: Innovations in brine extraction and processing techniques are improving production efficiency and reducing costs, particularly in regions with abundant natural resources like China and the Middle East.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Magnesium Chloride market is segmented as below:
By Company
Compass Minerals
ICL Dead Sea
Nedmag
Alkim
Cargill
Skyline Chemical
NikoMag
DEUSA International GmbH
Jiang Chang Chemical
Shouguang Haixu Chemical
Weifang Haizhiyuan Chemistry
Hongyuan Chemical
Jinsheng Haiyang
Chenlong
Jinzhou Sata Fused Fluxes and New Materials Factory
Shandong Haihua Liwei Chemical
Chaoyang Jinda Titanium
Beier

Segment by Type
Anhydrous Magnesium Chloride
Hexahydrate Magnesium Chloride

Segment by Application
Metallurgy
Chemical Industry
Building Materials
Food
Deicing and Dust Control
Others

Each chapter of the report provides detailed information for readers to further understand the Magnesium Chloride market:
Chapter 1: Introduces the report scope of the Magnesium Chloride report, global total market size (valve, volume and price). This chapter also provides 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. (2020-2031)
Chapter 2: Detailed analysis of Magnesium Chloride manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Magnesium Chloride 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. (2020-2031)
Chapter 4: 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.(2020-2031)
Chapter 5: Sales, revenue of Magnesium Chloride in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Magnesium Chloride in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
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. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Magnesium Chloride competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Magnesium Chloride comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Magnesium Chloride market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

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Global Anhydrous Magnesium Chloride Market Research Report 2025
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Magnesium Chloride Anhydrous- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Magnesium Chloride Anhydrous Market Research Report 2025
Food Grade Magnesium Chloride- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

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