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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.
Market Analysis and Insights: Global Magnesium Chloride Hexahydrate Flakes Market
Due to the COVID-19 pandemic, the global Magnesium Chloride Hexahydrate Flakes market size is estimated to be worth US$ 238.8 million in 2022 and is forecast to a readjusted size of US$ 267.4 million by 2028 with a CAGR of 1.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Food Grade accounting for % of the Magnesium Chloride Hexahydrate Flakes global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Metallurgical Industry segment is altered to an % CAGR throughout this forecast period.
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.
Global Magnesium Chloride Hexahydrate Flakes Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Magnesium Chloride Hexahydrate Flakes Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Food Grade
Industry Grade
Segment by Application
Metallurgical Industry
Chemical Industry
Building Materials Industry
Antifreeze Industry
Food Industry
Others
By Company
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
Production by Region
North America
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
It has been widely used in metallurgy, chemical industry, building materials, food and transportation industry. This report studies the magnesium chloride hexahydrate flakes market.
Market Analysis and Insights: Global Magnesium Chloride Hexahydrate Flakes Market
Due to the COVID-19 pandemic, the global Magnesium Chloride Hexahydrate Flakes market size is estimated to be worth US$ 238.8 million in 2022 and is forecast to a readjusted size of US$ 267.4 million by 2028 with a CAGR of 1.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Food Grade accounting for % of the Magnesium Chloride Hexahydrate Flakes global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Metallurgical Industry segment is altered to an % CAGR throughout this forecast period.
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.
Global Magnesium Chloride Hexahydrate Flakes Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Magnesium Chloride Hexahydrate Flakes Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Food Grade
Industry Grade
Segment by Application
Metallurgical Industry
Chemical Industry
Building Materials Industry
Antifreeze Industry
Food Industry
Others
By Company
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
Production by Region
North America
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
