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Global Magnesium Chloride Market 2016 - Compass Minerals, Tianjin Changlu Haijing, ICL, Nedmag

02-07-2017 07:16 AM CET | Advertising, Media Consulting, Marketing Research

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Magnesium Chloride

Magnesium Chloride

Magnesium chloride Market is the name for the chemical compounds with the formulas MgCl2 and its various hydrates MgCl2(H2O)x. These salts are typical ionic halides, being highly soluble in water. The hydrated magnesium chloride can be extracted from brine or sea water. Anhydrous magnesium chloride is the principal precursor to magnesium metal, which is produced on a large scale. Hydrated magnesium chloride is the form most readily available.

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Magnesium chloride is often found in non-beauty uses, such as food production (specifically tofu and baby milk) and anti-icing products. However, it is also taken as a supplement to regulate magnesium levels in the body, important for muscle and nerve maintenance.

Magnesium chloride production, which measures output worldwide, was expected to reach xx thousand tons in 2016 with an increase of xx% from its year-earlier level. The global magnesium chloride market size is estimated to grow from USD xx million in 2011 to USD xx million by 2016, at an estimated CAGR of xx% between 2011 and 2016. With regards to this, key players of magnesium chloride industry are expected to find potential opportunities in this market.

The global magnesium chloride market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies.

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The major players in the global Magnesium Chloride market are,
Compass Minerals
Tianjin Changlu Haijing
ICL
Nedmag
Tianjin Changlu Hangu
Huitai Group
Shandong Haihua
K+S KALI GmbH
Qinghai Tieyuan
Shouguang Xuexiang

The global magnesium chloride industry is relatively concentrated, with the market share of top 10 magnesium chloride producers at xx%.

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