The report gives a clear image of the current Magnesium Chloride Anhydrous Market scenario and the expected future of the industry. The report focuses on market drivers, restraints, growth, trends, and the forecast for the period from 2020 to 2025. Besides, the report also represents the market performance by value chain analysis which will help to provide better product differentiation along with the analysis of each segment regarding opportunity, market attractiveness index and growth rate.
At present, the major manufacturers of magnesium chloride anhydrous are concentrated in Skyline Chemical, Muby Chemicals, Anron Chemicals, Shenzhou Chemical, Huacheng Magnesium, Longfei, Haixu Chemical, SATA and Xinda Metal Material. Skyline Chemical is the world leader, holding 12.84% production market share in 2015.
In application, magnesium chloride anhydrous downstream is wide and recently magnesium chloride anhydrous has acquired increasing significance in various fields of industrial, building materials, food industry and medicine and others. Globally, the magnesium chloride anhydrous market is mainly driven by growing demand for industrial which accounts for nearly 26.66% of total downstream consumption of magnesium chloride anhydrous in global.
According to this study, over the next five years the Magnesium Chloride Anhydrous market will register a -1.0% CAGR in terms of revenue, the global market size will reach US$ 9 million by 2024, from US$ 10 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Magnesium Chloride Anhydrous business, shared in Chapter 3.
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The key manufacturers covered in this report:
- Skyline Chemical
- Muby Chemicals
- Anron Chemicals
- Shenzhou Chemical
- Huacheng Magnesium
- Haixu Chemical
- Xinda Metal Material
Segmentation by product type:
- Granules 98%
- Flakes 98%
- Powder 98%
Segmentation by application:
- Building Materials
- Food Industry
This report also splits the market by region:
- United States
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- To study and analyze the global Magnesium Chloride Anhydrous consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Magnesium Chloride Anhydrous market by identifying its various subsegments.
- Focuses on the key global Magnesium Chloride Anhydrous manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Magnesium Chloride Anhydrous with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Magnesium Chloride Anhydrous submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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