[293 Pages Report] The magnesium chloride market value is expected to surpass US$ 379.3 Million in 2021. The magnesium chloride industry is driven by the growing demand from deicing and chemicals sectors. The market is likely to register growth at 4.3% CAGR during the assessment period between 2021 and 2031.
| Attribute | Details |
|---|---|
| Magnesium Chloride Market Outlook Base Year Value (2020A) | US$ 366.2 Million |
| Magnesium Chloride Market Outlook Estimated Year Value (2021E) | US$ 379.3 Million |
| Magnesium Chloride Market Outlook Projected Year Value (2031F) | US$ 580.3 Million |
| Value CAGR (2021 to 2031) | 4.3% |
| Collective Value Share: Top 3 Countries (2020A) | 50.9% |
FMI also forecasts the global magnesium chloride market to register year-on-year growth of 3.6% in 2021. Industries are aiming to increase the production capacities to cater the growing demand for magnesium chloride. Considering this, FMI has projected the market valuation to reach US$ 580.3Mn by 2031.
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| Market Statistics | Details |
|---|---|
| H1,2021 (A) | 3.5% |
| H1,2022 Projected (P) | 3.8% |
| H1,2022 Outlook (O) | 3.7% |
| BPS Change : H1,2022 (O) - H1,2022 (P) | (-) 10 ↓ |
| BPS Change : H1,2022 (O) - H1,2021 (A) | (+) 20 ↑ |
Future Markets Insights presents a comprehensive comparison and review of market dynamics for magnesium chloride market based on the actual market trends of historic years and forecast market trends. Principally the market is subjected to be driven by the growing demand from the deicing and the chemicals sectors, especially from pharmaceutical industry for drug manufacturing.
According to FMI analysis, the BPS values found in the market for magnesium chloride in H1 2021 and H1 2022 differ by an increase of 20 units. However, in Projected - H1, 2022, the market is anticipated to decline by 10 BPS units compared to Outlook - H1, 2022.
Key factors for certain decrease in growth prospects are attributed to the outbreak of the pandemic in first half of 2022 in China which accounts for a significant share in the overall magnesium chloride consumption. However, rapid development in the industrial and pharmaceutical sector is boosting worldwide sales.
Magnesium chloride is widely sought after by North American and European nations for usage as a deicing agent due to its hygroscopic characteristics. Additionally, unfavourable cold storms and weather patterns brought on by climate change, increased the demand for magnesium chloride as a deicing agent.
Apart from this, due to its usage in chemical processes and potential as a medication, the demand for magnesium chloride has surged in the pharmaceutical and medical industries. Eventually, leading firms are concentrating on expanding their production facilities to meet the market demand for magnesium chloride.
Demand for magnesium chloride grew at 1.4% CAGR between 2016 and 2020. Sales prospects were further dampened due to the outbreak of COVID-19 pandemic in 2020, which reduced magnesium chloride demand from several industries.
Over the forthcoming years, the market is expected to bounce back to its normal pace due to the increasing demand from the deicing, chemicals & construction sector.
Increasing use of magnesium chloride in deicing segment is projected to propel sales at 4.5% CAGR over the forecast period, from 2021 to 2031. Significant growth in the deicing, dust suppressants, pharmaceuticals & chemical & derivatives production in East Asia, especially in China will continue boosting consumption of magnesium chloride.
Principal Consultant
Magnesium chloride is widely accepted as a deicing agent due to its chemical properties. Countries with the colder weather conditions extensively use the ice melters as the heavy snowfall results in the accumulation of ice around homes, buildings and on the highways & runways which causes severe accidents.
Due to its hygroscopic nature it quickly absorbs the moisture from the nature and melts the ice. North American and European countries where the weather conditions are much colder, majorly contribute in the increasing demand of magnesium chloride as a deicing agent.
Magnesium chloride usually applied before the storm so that it works efficiently and melts the ice quickly. Besides this its plays vital role in certain chemical reaction as a catalyst. It supports the main catalyst to increase the activity of the main catalyst. Apart from this it is also utilized as a raw materials for the production of chemicals, alloys and textile processing.
“Magnesium Chloride Demand as Deicing Agent Soaring in the U.S.”
In 2021, the U.S. magnesium chloride market grew at 3.4% CAGR, reaching a valuation of US$ 75.8 Mn in 2021. Increased consumption of magnesium chloride as a deicing agent in this country is expected to boost the market growth in the forecast period.
As the U.S. witnesses extreme weather conditions, it helps in boosting the demand for magnesium chloride, which is an excellent ice melter with easy to use. It melts the ice and leaves no residue. Due to its hygroscopic nature it is used in variety of industries including deicing, construction & building materials.
Apart from demand in the deicing segment, sales of magnesium chloride also are expected to rise in the pharmaceutical industry, particularly in the manufacturing of medical drugs. It also is often prescribed by doctors in tablet form for curing magnesium deficiency.
It is used for the treatment of the skin related disorders and other medical problems such as osteoporosis. The U.S. has huge pharma market which supports the growth of the magnesium chloride market.
“Pharmaceutical Applications of Magnesium Chloride to Remain High in India”
Consumption of magnesium chloride in the production of pharmaceutical drugs and chemicals is expected to witness significant growth in coming years in India. Rising awareness about health & wellbeing among people is anticipated to boost the growth of the pharma industry. This also will help the magnesium chloride market in India register CAGR of 5.6% by 2031.
India is an emerging economy and focuses on industrial development on a huge scale. After COVID-19 pandemic, the market has suffered in many terms while pharma industry has witnessed significant growth due to the increased awareness of health among people.
Pharmaceutical industry utilizes this compound as an important API for various drugs. India is expected to witness the rise in construction industry owing to the growing population and rapid urbanization.
“China Magnesium Chloride Market to Remain Dominant in East Asia”
China is estimated to remain a dominant player in the magnesium chloride market, accounting for about 80% of the overall magnesium chloride consumption in East Asia in 2021. Rapid development in the industrial and pharmaceutical sectors is boosting sales of magnesium chloride in the country. Availability of the raw materials & production facilities is the main factor behind the growth of the market in China.
Because of its chemical properties, demand for magnesium chloride in the pharmaceuticals and chemicals segments is expected to rise over the forecast period. Besides this, China is regarded as a major manufacturing base. The market's expansion is also projected to be aided by the expanding construction industry.
The consumption of magnesium chloride in China is predicted to rise as the pharmaceutical sector expands as a result of rising health awareness. Driven by these aforementioned factors, sales of magnesium chloride in China are anticipated to grow at a 6.1% CAGR over the assessment period.
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“Solid Magnesium Chloride Sales to Rise at Positive Pace”
Demand for solid magnesium chloride is expected to grow at 4.3% CAGR in terms of value by year 2031and is expected to keep witnessing healthy growth opportunities in the near future.
Ease of transportation and mobility of solid magnesium chloride is contributing as an additional growth factor in revenue growth of solid MgCl2 segment as compared to liquid segment. Also the emerging applications of solid form of magnesium chloride is expected to grow the market.
Owing to this factor solid segment is expected to witness healthy opportunities during the upcoming assessment period 2021-2031.
“Diverse Applications of Industrial Grade Magnesium Chloride Seal its Dominance”
In terms of grade, industrial grade magnesium chloride is expected to dominate the market. As per FMI, the industrial grade magnesium chloride segment is projected to register year-on-year growth of 4.6% in 2021.
On industrial scale, magnesium chloride finds a variety of applications which includes dust suppressants, manufacturing of magnesium metals and its derivatives, and various others. Owing to such a diverse applications of magnesium chloride in industries, demand for industrial grade magnesium chloride is rising substantially and is expected to carry this growth trend over the upcoming assessment period of 2021-2031.
“Magnesium Chloride Demand for Deicing to Continue Rising”
Revenues in the deicing segment are estimated to grow by 4.1% year over year rate in 2021. Meanwhile, demand for magnesium chloride in the production of chemicals and derivatives is expected to increase at 2.8% CAGR between 2020 and 2021. Magnesium chloride finds a variety of application. However, MgCl2 is predominantly consumed as a deicing agent across certain geographies.
Moreover, demand for deicing agents is rising hurriedly owing to consistent rise in environment threats in northern hemisphere. Due to regular snowfall in the regions, roads often get snow logged, which results in numerous accidents as well as unwanted causalities.
To avoid this, regional governments are indulged in regular treatment of snow on roads and other places with deicing agents. Which is anticipated to benefit the consumption of magnesium chloride as deicing agent over the forecast period.
Key players are focusing on the expansion of the production capacities owing to the rising demand for the magnesium chloride from the end use industries. Further, key market participants are enhancing their global presence through mergers, acquisitions, strategic collaborations, hybrid distribution channels and partnerships.
For instance:
| Attribute | Details |
|---|---|
| Forecast Period | 2021 to 2031 |
| Historical Data Available for | 2016 to 2020 |
| Market Analysis | USD Million for Value and Kilo Tons for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia & Pacific and Middle East & Africa |
| Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, BENELUX, Russia, China, Japan, South Korea, India, ASEAN, ANZ, GCC Countries, Turkey and South Africa. |
| Key Segments Covered | Product Form, Grade, Application and Region |
| Key Companies Profiled | Compass Minerals International, Inc. E.; K+S Aktiengesellschaft; Israel Chemical Ltd.; Shandong Haihua Group Co, Ltd.; Huitai Investment Group Co., Ltd; Intrepid Potash, Inc.; Tianjin Changlu Haijing Group Co., Ltd; DEUSA international GmbH; Nedmag B.V; Nikomag OJSC |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The Magnesium Chloride market is anticipated to reach a valuation of US$ 379.3 Mn in 2021
The Magnesium Chloride market is anticipated to witness a growth rate of 4.1% over the forecast period of 2021 and 2031 in terms of volume.
The Magnesium Chloride market witnessed growth of 1.4% CAGR between 2016 and 2020.
Increasing utilization of Magnesium Chloride in deicing, chemicals & construction industry is expected to boost sales of Magnesium Chloride.
Israel Chemicals Ltd., K+S Aktiengesellschaft, Compass Minerals International, Inc., Shandong Haihua Group Co, Ltd., Huitai Investment Group Co., Ltd, Intrepid Potash, Inc. and others are the key players in the Magnesium Chloride market.
Increasing focus on strategic expansion and capacity expansion undertaken by leading players will shape the market in the coming years. Also mergers & acquisitions of small players to increase the global reach and cater the untapped market is another key strategy.
Key players in the global Magnesium Chloride market are expected to hold around 65-70% of global market share.
Demand for Magnesium Chloride in North America is expected to grow at a 3.5% CAGR through 2031.
Europe Magnesium Chloride market is estimated to expand at a 3.2% CAGR during the forecast period.
Key exporters in the Magnesium Chloride market are U.S., Canada, Germany, China and others.
Top countries driving the Magnesium Chloride demand are the U.S., Germany, France Canada, and India.
South Korea and Japan are expected to collectively account for over 7% of the total in 2021.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product innovation & Diversification
4.3. Marketing and Brand management
4.4. Supply Chain Management
5. Global Magnesium Chloride Market Demand Analysis 2016-2020 and Forecast, 2021-2031
5.1. Historical Market Volume (Tons) Analysis, 2016-2020
5.2. Current and Future Market Volume (Tons) Projections, 2021-2031
5.3. Y-o-Y Growth Trend Analysis
6. Global Magnesium Chloride Market - Pricing Analysis
6.1. Regional Pricing Analysis By Product Form
6.2. Pricing Analysis by Regions
7. Global Magnesium Chloride Market Demand (in Value or Size in US$ Mn) Analysis 2016-2020 and Forecast, 2021-2031
7.1. Historical Market Value (US$ Mn) Analysis, 2016-2020
7.2. Current and Future Market Value (US$ Mn) Projections, 2021-2031
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.2. Forecast Factors - Relevance & Impact
8.3. Supply-Demand Analysis
8.4. Value Chain
8.5. Buyer’s Decision Analysis
8.6. Production Process Overview
8.7. Market Dynamics
8.7.1. Drivers
8.7.2. Restraints
8.7.3. Opportunity Analysis
8.7.4. Global Driver-Restraints Impact Analysis by Region
8.8. Impact of COVID – 19 Crisis
8.9. Trade Overview
9. Global Magnesium Chloride Market Analysis 2016-2020 and Forecast 2021-2031, by Product Form
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Form, 2016 - 2020
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Form, 2021 - 2031
9.3.1. Liquid
9.3.2. Solid
9.3.2.1. Flakes
9.3.2.2. Prills/Pellets
9.4. Market Attractiveness Analyses, By Product Form
10. Global Magnesium Chloride Market Analysis 2016-2020 and Forecast 2021-2031, By Grade
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Grade, 2016 - 2020
10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Grade, 2021 - 2031
10.3.1. Industrial
10.3.2. Food & Pharmaceuticals
10.4. Market Attractiveness Analysis By Grade
11. Global Magnesium Chloride Market Analysis 2016-2020 and Forecast 2021-2031, By Application
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2016 - 2020
11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2021 - 2031
11.3.1. Deicing Agent
11.3.2. Dust Suppressant
11.3.3. Chemicals & Derivatives
11.3.4. Building Materials
11.3.5. Pharmaceuticals
11.3.6. Food & Feed
11.3.7. Others
11.4. Market Attractiveness Analysis By Application
12. Global Magnesium Chloride Market Analysis 2016-2020 and Forecast 2021-2031, by Region
12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2016 - 2020
12.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2021 - 2031
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. East Asia
12.3.5. South Asia & Pacific
12.3.6. Middle East & Africa
12.4. Market Attractiveness Analysis By Region
13. North America Magnesium Chloride Market Analysis 2016-2020 and Forecast 2021-2031
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020
13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
13.4.1. By Product Form
13.4.2. By Grade
13.4.3. By Application
13.4.4. By Country
13.4.4.1. U.S.
13.4.4.2. Canada
13.5. Market Attractiveness Analysis
13.5.1. By Product Form
13.5.2. By Grade
13.5.3. By Application
13.5.4. By Country
13.6. Market Trends
13.7. Drivers and Restraints Impact Analysis
14. Latin America Magnesium Chloride Market Analysis 2016-2020 and Forecast 2021-2031
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020
14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
14.4.1. By Product Form
14.4.2. By Grade
14.4.3. By Application
14.4.4. By Country
14.4.4.1. Brazil
14.4.4.2. Mexico
14.4.4.3. Rest of Latin America
14.5. Market Attractiveness Analysis
14.5.1. By Product Form
14.5.2. By Grade
14.5.3. By Application
14.5.4. By Country
14.6. Market Trends
14.7. Drivers and Restraints Impact Analysis
15. Europe Magnesium Chloride Market Analysis 2016-2020 and Forecast 2021-2031
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020
15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
15.4.1. By Product Form
15.4.2. By Grade
15.4.3. By Application
15.4.4. By Country
15.4.4.1. Germany
15.4.4.2. Italy
15.4.4.3. France
15.4.4.4. U.K.
15.4.4.5. Spain
15.4.4.6. BENELUX
15.4.4.7. Russia
15.4.4.8. Rest of Europe
15.5. Market Attractiveness Analysis
15.5.1. By Product Form
15.5.2. By Grade
15.5.3. By Application
15.5.4. By Country
15.6. Market Trends
15.7. Drivers and Restraints Impact Analysis
16. East Asia Magnesium Chloride Market Analysis 2016-2020 and Forecast 2021-2031
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020
16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
16.4.1. By Product Form
16.4.2. By Grade
16.4.3. By Application
16.4.4. By Country
16.4.4.1. China
16.4.4.2. Japan
16.4.4.3. South Korea
16.5. Market Attractiveness Analysis
16.5.1. By Product Form
16.5.2. By Grade
16.5.3. By Application
16.5.4. By Country
16.6. Market Trends
16.7. Drivers and Restraints Impact Analysis
17. South Asia & Pacific Magnesium Chloride Market Analysis 2016-2020 and Forecast 2021-2031
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020
17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
17.4.1. By Product Form
17.4.2. By Grade
17.4.3. By Application
17.4.4. By Country
17.4.4.1. India
17.4.4.2. ASEAN
17.4.4.3. ANZ
17.4.4.4. Rest of South Asia & Pacific
17.5. Market Attractiveness Analysis
17.5.1. By Product Form
17.5.2. By Grade
17.5.3. By Application
17.5.4. By Country
17.6. Market Trends
17.7. Drivers and Restraints Impact Analysis
18. Middle East and Africa Magnesium Chloride Market Analysis 2016-2020 and Forecast 2021-2031
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020
18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
18.4.1. By Product Form
18.4.2. By Grade
18.4.3. By Application
18.4.4. By Country
18.4.4.1. GCC Countries
18.4.4.2. Turkey
18.4.4.3. South Africa
18.4.4.4. Rest of Middle East and Africa
18.5. Market Attractiveness Analysis
18.5.1. By Product Form
18.5.2. By Grade
18.5.3. By Application
18.5.4. By Country
18.6. Market Trends
18.7. Drivers and Restraints Impact Analysis
19. Key and Emerging Countries Magnesium Chloride Market Analysis
19.1. U.S. Magnesium Chloride Market Analysis
19.1.1. By Grade
19.1.2. By Product Form
19.1.3. By Application
19.2. Canada Magnesium Chloride Market Analysis
19.2.1. By Product Form
19.2.2. By Grade
19.2.3. By Application
19.3. Mexico Magnesium Chloride Market Analysis
19.3.1. By Product Form
19.3.2. By Grade
19.3.3. By Application
19.4. Brazil Magnesium Chloride Market Analysis
19.4.1. By Product Form
19.4.2. By Grade
19.4.3. By Application
19.5. Germany Magnesium Chloride Market Analysis
19.5.1. By Product Form
19.5.2. By Grade
19.5.3. By Application
19.6. Italy Magnesium Chloride Market Analysis
19.6.1. By Product Form
19.6.2. By Grade
19.6.3. By Application
19.7. France Magnesium Chloride Market Analysis
19.7.1. By Product Form
19.7.2. By Grade
19.7.3. By Application
19.8. U.K. Magnesium Chloride Market Analysis
19.8.1. By Product Form
19.8.2. By Grade
19.8.3. By Application
19.9. Spain Magnesium Chloride Market Analysis
19.9.1. By Product Form
19.9.2. By Grade
19.9.3. By Application
19.10. Russia Magnesium Chloride Market Analysis
19.10.1. By Product Form
19.10.2. By Grade
19.10.3. By Application
19.11. BENELUX Magnesium Chloride Market Analysis
19.11.1. By Product Form
19.11.2. By Grade
19.11.3. By Application
19.12. China Magnesium Chloride Market Analysis
19.12.1. By Product Form
19.12.2. By Grade
19.12.3. By Application
19.13. Japan Magnesium Chloride Market Analysis
19.13.1. By Product Form
19.13.2. By Grade
19.13.3. By Application
19.14. S. Korea Magnesium Chloride Market Analysis
19.14.1. By Product Form
19.14.2. By Grade
19.14.3. By Application
19.15. India Magnesium Chloride Market Analysis
19.15.1. By Product Form
19.15.2. By Grade
19.15.3. By Application
19.16. ASEAN Magnesium Chloride Market Analysis
19.16.1. By Product Form
19.16.2. By Grade
19.16.3. By Application
19.17. ANZ Magnesium Chloride Market Analysis
19.17.1. By Product Form
19.17.2. By Grade
19.17.3. By Application
19.18. GCC Countries Magnesium Chloride Market Analysis
19.18.1. By Product Form
19.18.2. By Grade
19.18.3. By Application
19.19. Turkey Magnesium Chloride Market Analysis
19.19.1. By Product Form
19.19.2. By Grade
19.19.3. By Application
19.20. South Africa Magnesium Chloride Market Analysis
19.20.1. By Product Form
19.20.2. By Grade
19.20.3. By Application
20. Market Structure Analysis
20.1. Market Analysis by Tier of Companies [Magnesium Chloride]
20.2. Market Concentration
20.3. Market Share Analysis of Top Players
20.4. Production Capacity Estimates of Top Players
20.5. Market Presence Analysis
21. Competition Analysis
21.1. Competition Dashboard
21.2. Primary Survey Analysis
21.3. Competition Deep Dive
21.3.1. Compass Minerals International, Inc. E
21.3.1.1. Overview
21.3.1.2. Product Portfolio
21.3.1.3. Key Financials
21.3.1.4. Sales Footprint
21.3.1.5. Strategy Overview
21.3.2. K+S Aktiengesellschaft
21.3.2.1. Overview
21.3.2.2. Product Portfolio
21.3.2.3. Key Financials
21.3.2.4. Sales Footprint
21.3.2.5. Strategy Overview
21.3.3. Israel Chemical Ltd
21.3.3.1. Overview
21.3.3.2. Product Portfolio
21.3.3.3. Key Financials
21.3.3.4. Sales Footprint
21.3.3.5. Strategy Overview
21.3.4. Intrepid Potash Inc.
21.3.4.1. Overview
21.3.4.2. Product Portfolio
21.3.4.3. Key Financials
21.3.4.4. Sales Footprint
21.3.4.5. Strategy Overview
21.3.5. Nedmag B.V
21.3.5.1. Overview
21.3.5.2. Product Portfolio
21.3.5.3. Key Financials
21.3.5.4. Sales Footprint
21.3.5.5. Strategy Overview
21.3.6. Nikomag OJSC
21.3.6.1. Overview
21.3.6.2. Product Portfolio
21.3.6.3. Key Financials
21.3.6.4. Sales Footprint
21.3.6.5. Strategy Overview
21.3.7. DEUSA International GmbH
21.3.7.1. Overview
21.3.7.2. Product Portfolio
21.3.7.3. Key Financials
21.3.7.4. Sales Footprint
21.3.7.5. Strategy Overview
21.3.8. Huitai Investment Group Co Ltd
21.3.8.1. Overview
21.3.8.2. Product Portfolio
21.3.8.3. Key Financials
21.3.8.4. Sales Footprint
21.3.8.5. Strategy Overview
21.3.9. Weifang Yuze Chemical Co Ltd
21.3.9.1. Overview
21.3.9.2. Product Portfolio
21.3.9.3. Key Financials
21.3.9.4. Sales Footprint
21.3.9.5. Strategy Overview
21.3.10. Weifang Dongyuan Lianhai Chemical Co. Ltd
21.3.10.1. Overview
21.3.10.2. Product Portfolio
21.3.10.3. Key Financials
21.3.10.4. Sales Footprint
21.3.10.5. Strategy Overview
21.3.11. Tianjin Changlu Haijing Group Co. Ltd
21.3.11.1. Overview
21.3.11.2. Product Portfolio
21.3.11.3. Key Financials
21.3.11.4. Sales Footprint
21.3.11.5. Strategy Overview
21.3.12. Shandong Haihua Group Co. Ltd
21.3.12.1. Overview
21.3.12.2. Product Portfolio
21.3.12.3. Key Financials
21.3.12.4. Sales Footprint
21.3.12.5. Strategy Overview
21.3.13. Weifang Hongyuan Chemical Co. Ltd
21.3.13.1. Overview
21.3.13.2. Product Portfolio
21.3.13.3. Key Financials
21.3.13.4. Sales Footprint
21.3.13.5. Strategy Overview
21.3.14. Weifang Tenor Chemical Co. Ltd
21.3.14.1. Overview
21.3.14.2. Product Portfolio
21.3.14.3. Key Financials
21.3.14.4. Sales Footprint
21.3.14.5. Strategy Overview
21.3.15. Shouguang Hengyi Chemical Technology Co. Ltd
21.3.15.1. Overview
21.3.15.2. Product Portfolio
21.3.15.3. Key Financials
21.3.15.4. Sales Footprint
21.3.15.5. Strategy Overview
21.3.16. Shouguang Dingsheng Chemical Co. Ltd
21.3.16.1. Overview
21.3.16.2. Product Portfolio
21.3.16.3. Key Financials
21.3.16.4. Sales Footprint
21.3.16.5. Strategy Overview
21.3.17. Weifang Bell Chemical Co. Ltd
21.3.17.1. Overview
21.3.17.2. Product Portfolio
21.3.17.3. Key Financials
21.3.17.4. Sales Footprint
21.3.17.5. Strategy Overview
21.3.18. Anish Chemicals
21.3.18.1. Overview
21.3.18.2. Product Portfolio
21.3.18.3. Key Financials
21.3.18.4. Sales Footprint
21.3.18.5. Strategy Overview
21.3.19. Bhavani Chemicals
21.3.19.1. Overview
21.3.19.2. Product Portfolio
21.3.19.3. Key Financials
21.3.19.4. Sales Footprint
21.3.19.5. Strategy Overview
22. Assumptions and Acronyms Used
23. Research Methodology
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Magnesium Chloride Market
