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.
The global magnesium chloride hexahydrate flakes market is led by Asia Pacific, capturing about 72.51% of global magnesium chloride hexahydrate flakes consumption. North America is the second-largest region-wise market with 13.11% global sales share.
China was the largest regional market for magnesium chloride hexahydrate flakes, with revenue exceeding USD 125 million in 2017.
In application, magnesium chloride hexahydrate flakes downstream are Metallurgical Industry, Building Materials Industry, Antifreeze and others. The magnesium chloride hexahydrate flakes market is mainly driven by growing demand for Building Materials Industry which accounts for nearly 27.63% of total downstream consumption of magnesium chloride hexahydrate flakes in global.
According to this study, over the next five years the Magnesium Chloride Hexahydrate Flakes market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 240 million by 2024, from US$ 210 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Magnesium Chloride Hexahydrate Flakes business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnesium Chloride Hexahydrate Flakes market by product type, application, key manufacturers and key regions and countries.
This study considers the Magnesium Chloride Hexahydrate Flakes value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Food Grade
Industry Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Metallurgical Industry
Chemical Industry
Building Materials Industry
Antifreeze Industry
Food Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Compass Minerals
Dead Sea Works
Nedmag
Alkim
Tinco
Riddhi Siddhi Magnesia Works
Xiangjiang
Huitai Group
Changsheng
Dongyuan Lianhai
Hongyuan Chemical
Xinhai Decing Products
Chenlong
Quancheng
Songchuan
Ruentai Chemical
Qinghai Iron Source Magnesium
Shouguang yuwei Chloride
Lianyungang Nippo Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Magnesium Chloride Hexahydrate Flakes consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Magnesium Chloride Hexahydrate Flakes market by identifying its various subsegments.
Focuses on the key global Magnesium Chloride Hexahydrate Flakes manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Magnesium Chloride Hexahydrate Flakes with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Magnesium Chloride Hexahydrate Flakes submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Magnesium Chloride Hexahydrate Flakes . Industry analysis & Market Report on Magnesium Chloride Hexahydrate Flakes is a syndicated market report, published as Global Magnesium Chloride Hexahydrate Flakes Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Magnesium Chloride Hexahydrate Flakes market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.