Global Magnesium Chloride Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Magnesium Chloride market size was valued at US$ 260 million in 2024 and is forecast to a readjusted size of USD 374 million by 2031 with a CAGR of 5.0% during review period.
Magnesium chloride (MgCl₂) is an inorganic compound widely used across various industries due to its versatility, cost-effectiveness, and environmental benefits. Composed of magnesium and chlorine, magnesium chloride occurs naturally in minerals such as carnallite and bischofite and is also extracted from seawater and brine. Available in various forms, including flakes, granules, and liquid solutions, it is highly soluble in water and exhibits hygroscopic properties, making it useful for a range of applications.
Magnesium chloride has diverse industrial, agricultural, and consumer applications, including its use as a de-icing agent, dust suppressant, raw material for magnesium metal production, food additive, and ingredient in pharmaceuticals. The market for magnesium chloride is expanding, driven by its wide applicability, increasing environmental awareness, and the global demand for sustainable products.
The emphasis on sustainability is expected to drive innovations in magnesium chloride production, such as the use of renewable energy and recycling processes. These initiatives will enhance the compound’s appeal in environmentally conscious markets.
Advancements in processing technologies are improving the quality and efficiency of magnesium chloride production. Innovations in application methods, such as advanced spraying techniques for dust control, are also enhancing its usability.
The growing demand for lightweight and durable materials in industries like automotive and aerospace will boost the magnesium chloride market, particularly in its role in magnesium metal production.
Magnesium chloride is finding new applications in bio-based industries, such as biodegradable plastics and eco-friendly coatings, driven by the push for greener alternatives.
The expansion of magnesium chloride applications in emerging economies will diversify the market geographically, creating new opportunities for manufacturers and distributors.
The magnesium chloride market is a dynamic and versatile segment with applications spanning de-icing, dust control, agriculture, construction, and more. Its growth is driven by the demand for sustainable and efficient solutions across industries, along with advancements in technology and increasing awareness of environmental concerns.
While challenges such as raw material supply fluctuations and competition from alternatives persist, the market’s potential remains robust. As industries continue to prioritize sustainability and efficiency, magnesium chloride is poised to play a crucial role in meeting global needs for eco-friendly and multifunctional solutions.
The Magnesium Chloride industry has a low concentration. The consumption shares of North America, Europe and Asia-Pacific were 23%, 18% and 55%. In application, magnesium chloride downstream are Metallurgy, Chemical Industry, Deicing and Dust Control, Food Industry, Building Materials and others. The magnesium chloride market is mainly driven by growing demand for Deicing and Dust Control Industry which accounts for nearly 32% of total downstream consumption of magnesium chloride in 2023. The de-icing segment is a significant driver of the magnesium chloride market. During winter months, magnesium chloride is used to melt ice and snow on roads, making them safer for transportation.
Compass Minerals, Nedmag and Chaoyang Jinda Titanium are the top 3 players of Magnesium Chloride, with about 32% market shares.
This report is a detailed and comprehensive analysis for global Magnesium Chloride market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Magnesium Chloride market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Magnesium Chloride market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Magnesium Chloride market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Magnesium Chloride market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Magnesium Chloride
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Magnesium Chloride market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Compass Minerals, ICL Dead Sea, Nedmag, Alkim, Cargill, Skyline Chemical, NikoMag, DEUSA International GmbH, Jiang Chang Chemical, Shouguang Haixu Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Magnesium Chloride market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Anhydrous Magnesium Chloride
Hexahydrate Magnesium Chloride
Market segment by Application
Metallurgy
Chemical Industry
Building Materials
Food
Deicing and Dust Control
Others
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Magnesium Chloride product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Magnesium Chloride, with price, sales quantity, revenue, and global market share of Magnesium Chloride from 2020 to 2025.
Chapter 3, the Magnesium Chloride competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Magnesium Chloride breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Magnesium Chloride market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Magnesium Chloride.
Chapter 14 and 15, to describe Magnesium Chloride sales channel, distributors, customers, research findings and conclusion.
Magnesium chloride (MgCl₂) is an inorganic compound widely used across various industries due to its versatility, cost-effectiveness, and environmental benefits. Composed of magnesium and chlorine, magnesium chloride occurs naturally in minerals such as carnallite and bischofite and is also extracted from seawater and brine. Available in various forms, including flakes, granules, and liquid solutions, it is highly soluble in water and exhibits hygroscopic properties, making it useful for a range of applications.
Magnesium chloride has diverse industrial, agricultural, and consumer applications, including its use as a de-icing agent, dust suppressant, raw material for magnesium metal production, food additive, and ingredient in pharmaceuticals. The market for magnesium chloride is expanding, driven by its wide applicability, increasing environmental awareness, and the global demand for sustainable products.
The emphasis on sustainability is expected to drive innovations in magnesium chloride production, such as the use of renewable energy and recycling processes. These initiatives will enhance the compound’s appeal in environmentally conscious markets.
Advancements in processing technologies are improving the quality and efficiency of magnesium chloride production. Innovations in application methods, such as advanced spraying techniques for dust control, are also enhancing its usability.
The growing demand for lightweight and durable materials in industries like automotive and aerospace will boost the magnesium chloride market, particularly in its role in magnesium metal production.
Magnesium chloride is finding new applications in bio-based industries, such as biodegradable plastics and eco-friendly coatings, driven by the push for greener alternatives.
The expansion of magnesium chloride applications in emerging economies will diversify the market geographically, creating new opportunities for manufacturers and distributors.
The magnesium chloride market is a dynamic and versatile segment with applications spanning de-icing, dust control, agriculture, construction, and more. Its growth is driven by the demand for sustainable and efficient solutions across industries, along with advancements in technology and increasing awareness of environmental concerns.
While challenges such as raw material supply fluctuations and competition from alternatives persist, the market’s potential remains robust. As industries continue to prioritize sustainability and efficiency, magnesium chloride is poised to play a crucial role in meeting global needs for eco-friendly and multifunctional solutions.
The Magnesium Chloride industry has a low concentration. The consumption shares of North America, Europe and Asia-Pacific were 23%, 18% and 55%. In application, magnesium chloride downstream are Metallurgy, Chemical Industry, Deicing and Dust Control, Food Industry, Building Materials and others. The magnesium chloride market is mainly driven by growing demand for Deicing and Dust Control Industry which accounts for nearly 32% of total downstream consumption of magnesium chloride in 2023. The de-icing segment is a significant driver of the magnesium chloride market. During winter months, magnesium chloride is used to melt ice and snow on roads, making them safer for transportation.
Compass Minerals, Nedmag and Chaoyang Jinda Titanium are the top 3 players of Magnesium Chloride, with about 32% market shares.
This report is a detailed and comprehensive analysis for global Magnesium Chloride market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Magnesium Chloride market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Magnesium Chloride market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Magnesium Chloride market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Magnesium Chloride market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Magnesium Chloride
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Magnesium Chloride market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Compass Minerals, ICL Dead Sea, Nedmag, Alkim, Cargill, Skyline Chemical, NikoMag, DEUSA International GmbH, Jiang Chang Chemical, Shouguang Haixu Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Magnesium Chloride market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Anhydrous Magnesium Chloride
Hexahydrate Magnesium Chloride
Market segment by Application
Metallurgy
Chemical Industry
Building Materials
Food
Deicing and Dust Control
Others
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Magnesium Chloride product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Magnesium Chloride, with price, sales quantity, revenue, and global market share of Magnesium Chloride from 2020 to 2025.
Chapter 3, the Magnesium Chloride competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Magnesium Chloride breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Magnesium Chloride market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Magnesium Chloride.
Chapter 14 and 15, to describe Magnesium Chloride sales channel, distributors, customers, research findings and conclusion.
Table of Contents
141 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Magnesium Chloride by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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