Business Science Technology

Global Magnesium Chloride Hexahydrate Flakes Market will reach 236.17 Million USD by the end of 2022 with a CAGR of 2.03%

In this report, global Magnesium Chloride Hexahydrate Flakes Market will reach 236.17 Million USD by the end of 2022 with a CAGR of 2.03%, the global Magnesium Chloride Hexahydrate Flakes market is valued at 213.61 Million USD in 2017 and will reach 236.17 Million USD by the end of 2022, growing at a CAGR of 2.03% during 2017-2022.

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. Magnesium Chloride Hexahydrate Flakes can be divided into two categories–food grade and industry grade. Industry Grade’s sales market share accounted for the highest proportion, with a figure of 91.24% in 2017, food grade account for 8.76%.

The sales revenue market share of global Magnesium Chloride Hexahydrate Flakes in metallurgical industry, chemical industry, building materials industry, antifreeze industry, food industry and others has been stable year by year, at 26.11%, 13.00%, 29.84%, 15.04%, 8.75% and 7.26% respectively in 2019, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Magnesium Chloride Hexahydrate Flakes in the global market tends to be fixed without great changes. Among them, the Magnesium Chloride Hexahydrate Flakes market has the most promising sales prospects in building materials industry.

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In 2016, the global magnesium chloride hexahydrate flakes market is led by China, capturing about 63.23% of global magnesium chloride hexahydrate flakes consumption. North America is the second-largest region-wise market with 12.93% global consumption share.

Xiangjiang is the largest company in the global Magnesium Chloride Hexahydrate Flakes market, accounting for 10.08/% of the revenue market share in 2017, follows by Compass Minerals and Huitai Group, accounting for 8.36% and 6.13% of the revenue market share in 2017.

Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Magnesium Chloride Hexahydrate Flakes for these regions, from 2012 to 2023 (forecast), covering
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America

Global Magnesium Chloride Hexahydrate Flakes market competition by top manufacturers/players, with Magnesium Chloride Hexahydrate Flakes sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
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
Global Other

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Food Grade
Industry Grade

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Magnesium Chloride Hexahydrate Flakes for each application, including
Metallurgical Industry
Chemical Industry
Building Materials Industry
Antifreeze Industry
Food Industry
Others

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