The global Magnesium Chloride Hexahydrate Flakes market was valued at 23.34 Million USD in 2021 and will grow with a CAGR of 1.95% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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. In global market, the sales of magnesium chloride hexahydrate flakes decreases from 2918.0 K MT in 2013 to 2839.8 K MT in 2017, 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. 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. In the next few years, magnesium chloride hexahydrate flakes sales will show a trend of steady uptown. In 2024 the consumption of magnesium chloride hexahydrate flakes is estimated to be 3021.9 K MT.

By Market Verdors:

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

By Types:

Food Grade

Industry Grade

By Applications:

Metallurgical Industry

Chemical Industry

Building Materials Industry

Antifreeze Industry

Food Industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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