Global Magnesium Chloride Supply, Demand and Key Producers, 2026-2032
Description
The global Magnesium Chloride market size is expected to reach $ 391 million by 2032, rising at a market growth of 5.0% CAGR during the forecast period (2026-2032).
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 studies the global Magnesium Chloride production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Magnesium Chloride and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Magnesium Chloride that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Magnesium Chloride total production and demand, 2021-2032, (K MT)
Global Magnesium Chloride total production value, 2021-2032, (USD Million)
Global Magnesium Chloride production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)
Global Magnesium Chloride consumption by region & country, CAGR, 2021-2032 & (K MT)
U.S. VS China: Magnesium Chloride domestic production, consumption, key domestic manufacturers and share
Global Magnesium Chloride production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)
Global Magnesium Chloride production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
Global Magnesium Chloride production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
This report profiles key players in the global Magnesium Chloride market based on the following parameters - company overview, production, value, 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.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Magnesium Chloride market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Magnesium Chloride Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Magnesium Chloride Market, Segmentation by Type:
Anhydrous Magnesium Chloride
Hexahydrate Magnesium Chloride
Global Magnesium Chloride Market, Segmentation by Application:
Metallurgy
Chemical Industry
Building Materials
Food
Deicing and Dust Control
Others
Companies Profiled:
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
Key Questions Answered:
1. How big is the global Magnesium Chloride market?
2. What is the demand of the global Magnesium Chloride market?
3. What is the year over year growth of the global Magnesium Chloride market?
4. What is the production and production value of the global Magnesium Chloride market?
5. Who are the key producers in the global Magnesium Chloride market?
6. What are the growth factors driving the market demand?
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 studies the global Magnesium Chloride production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Magnesium Chloride and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Magnesium Chloride that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Magnesium Chloride total production and demand, 2021-2032, (K MT)
Global Magnesium Chloride total production value, 2021-2032, (USD Million)
Global Magnesium Chloride production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)
Global Magnesium Chloride consumption by region & country, CAGR, 2021-2032 & (K MT)
U.S. VS China: Magnesium Chloride domestic production, consumption, key domestic manufacturers and share
Global Magnesium Chloride production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)
Global Magnesium Chloride production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
Global Magnesium Chloride production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
This report profiles key players in the global Magnesium Chloride market based on the following parameters - company overview, production, value, 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.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Magnesium Chloride market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Magnesium Chloride Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Magnesium Chloride Market, Segmentation by Type:
Anhydrous Magnesium Chloride
Hexahydrate Magnesium Chloride
Global Magnesium Chloride Market, Segmentation by Application:
Metallurgy
Chemical Industry
Building Materials
Food
Deicing and Dust Control
Others
Companies Profiled:
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
Key Questions Answered:
1. How big is the global Magnesium Chloride market?
2. What is the demand of the global Magnesium Chloride market?
3. What is the year over year growth of the global Magnesium Chloride market?
4. What is the production and production value of the global Magnesium Chloride market?
5. Who are the key producers in the global Magnesium Chloride market?
6. What are the growth factors driving the market demand?
Table of Contents
144 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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