Why did the Magnesium Chloride Price Change in July 2025? The Magnesium Chloride Spot Price in USA increased by 2.3% in Q2 2025, with the Price Index strengthening toward the end of the quarter.

Get the latest insights on price movement and trend analysis of Magnesium Chloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Global magnesium chloride market sale is estimated to be USD 737.9 million in 2025 and expected to reach a valuation of USD 1,225.4 million by 2035. The market is projected to grow at a rapid growth rate of 5.1% over the forecast period between 2025 and 2035. The revenue generated by magnesium chloride in 2024 was USD 706.0 million. The industry is predicted to exhibit a Y-o-Y growth of 4.5% in 2025.

Attributes	Key Insights
Estimated Size, 2025	USD 737.9 million
Projected Size, 2035	USD 1,225.4 million
Value-based CAGR (2025 to 2035)	5.1%

Semi-annual Market Update

Particular	Value CAGR
H1 2024	4.5% (2024 to 2034)
H2 2024	4.6% (2024 to 2034)
H1 2025	4.0% (2025 to 2035)
H2 2025	4.7% (2025 to 2035)

Country-wise Insights

Countries	Value CAGR (2025 to 2035)
USA	6.3%
China	5.9%
Germany	5.4%
India	5.0%
Mexico	4.1%

Category-wise Insights

Segment	Solid (Product Form)
Value Share (2024)	65.1%

Segment	Deicing Agent (Application)
Value Share (2024)	20.2%

The global magnesium chloride market is set to reach a valuation of US$ 1.65 billion in 2024, as revealed in a recently updated Fact.MR industry report. Worldwide sales of magnesium chloride are analyzed to rise at 6.3% CAGR and reach US$ 3.05 billion by the end of 2034. Increasing use of magnesium chloride in construction materials, especially in the manufacturing of building materials and fire-resistant materials is contributing to its rising demand.

Report Attribute	Detail
Magnesium Chloride Market Size (2024E)	US$ 1.65 Billion
Forecasted Market Value (2034F)	US$ 3.05 Billion
Global Market Growth Rate (2024 to 2034)	6.3% CAGR
Market Share of Pharmaceutical Grade Magnesium Chloride (2034F)	59%
East Asia Market Share (2034F)	27.4%
South Korea Market Growth Rate (2024 to 2034)	8% CAGR
Key Companies Profiled	Compass Minerals International, Inc.; Celtic Chemicals Ltd.; K+S Aktiengesellschaft; Antera Agro Chem; Alkim; Skyline Chemical Corporation; Israel Chemical Ltd.; Cargill; Intrepid Potash, Inc.; Nedmag B.V.

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 242.4 Million
Growth Rate (2024 to 2034)	6.2% CAGR
Projected Value (2034F)	US$ 442.5 Million

Attribute	China
Market Value (2024E)	US$ 259 Million
Growth Rate (2024 to 2034)	6.3% CAGR
Projected Value (2034F)	US$ 478.8 Million

Category-wise Insights

Attribute	Anhydrous Magnesium Chloride
Segment Value (2024E)	US$ 907.1 Million
Growth Rate (2024 to 2034)	6.4% CAGR
Projected Value (2034F)	US$ 1.68 Billion

Attribute	Pharmaceutical Grade
Segment Value (2024E)	US$ 1.01 Billion
Growth Rate (2024 to 2034)	5.9% CAGR
Projected Value (2034F)	US$ 1.8 Billion

The global Magnesium Chloride market stood nearby 1700 thousand tonnes in 2022 and is expected to grow at a CAGR of 4.39% during the forecast period until 2035.

Magnesium Chloride Market size was valued at USD 1.45 Billion in 2023 and is projected to reach USD 3.86 Billion by 2030, growing at a CAGR of 5.3% during the forecast period 2024-2030.Global Magnesium Chloride Market DriversThe growth and development of the Magnesium Chloride Market is attributed to certain main market drivers. These factors have a big impact on how Magnesium Chloride is demanded and adopted in different sectors. Several of the major market forces are as follows:De-icing Applications: In cold areas, magnesium chloride is frequently used as a de-icing agent for sidewalks and highways. Magnesium chloride sales are driven by the wintertime surge in demand for de-icing products.Dust Control: Magnesium chloride works well for controlling dust on unpaved roads since it is hygroscopic. This application is especially pertinent in arid or heavily dusty locations.Construction business: In the construction business, magnesium chloride is used as a binder in the making of cement and asphalt, as well as for dust suppression and soil stabilization. The building industry's expansion may increase the need for magnesium chloride.Applications in Agriculture: Magnesium chloride is occasionally utilized in agriculture to supply plants with magnesium. The need for magnesium chloride in this industry may be impacted by modifications to crop patterns, soil health management techniques, or agricultural practices.Health and Nutritional Supplements: Magnesium chloride is a component of several dietary supplements, and magnesium is a mineral that is vital to human health. The demand for magnesium chloride in the food industry might be influenced by the health and wellness sector.Industrial Processes: Magnesium chloride is used in a number of industrial processes, including the synthesis of paper, textiles, and magnesium metal. The need for magnesium chloride may fluctuate in response to shifts in industrial activity.

Anhydrous Magnesium Chloride Market Outlook

The global Anhydrous Magnesium Chloride market size was valued at USD 1.2 billion in 2023 and is projected to reach USD 2.1 billion by 2032, growing at a CAGR of 6.1% during the forecast period. This market growth is driven by an increasing demand for magnesium chloride in various applications such as deicing, dust control, and as a chemical intermediate. The market is also fueled by the rising need for eco-friendly deicing agents and advancements in pharmaceutical industries that utilize magnesium chloride.

One of the principal factors driving the growth of the Anhydrous Magnesium Chloride market is its extensive use in deicing applications. Magnesium chloride is preferred over traditional sodium chloride because it is less corrosive and more effective at lower temperatures. This makes it a popular choice for maintaining roads, highways, and walkways, especially in regions that experience heavy snowfall. The burgeoning need for effective deicing solutions, particularly in North America and Europe, is anticipated to significantly contribute to the market's expansion.

Additionally, the agriculture industry is increasingly turning to magnesium chloride for soil stabilization and dust control. This compound is known for its ability to suppress dust and improve soil quality, which is particularly beneficial in arid regions. The agricultural sector's growth, especially in emerging economies, is poised to boost the demand for magnesium chloride. Furthermore, the evolving environmental regulations promoting sustainable agricultural practices are likely to propel market growth.

The pharmaceutical and food industries also play a crucial role in driving the demand for anhydrous magnesium chloride. In pharmaceuticals, it is used for the production of various medications and health supplements owing to its essential mineral properties. The food industry uses magnesium chloride as a food additive and firming agent, particularly in tofu production. The rising health consciousness among consumers and the increasing demand for fortified food products are expected to accelerate the market growth in these segments.

Anhydrous Magnesium Sulfate, another vital compound, is widely used in various industries due to its unique properties. In agriculture, it serves as a crucial nutrient source, providing essential magnesium and sulfur to plants, which are vital for photosynthesis and enzyme functions. The compound's hygroscopic nature makes it an excellent drying agent in organic synthesis and other industrial applications. Its role in the pharmaceutical industry is also noteworthy, where it is utilized as a drying agent and in the preparation of certain medications. The increasing demand for Anhydrous Magnesium Sulfate in these sectors is expected to complement the growth of the magnesium chloride market, as both compounds often find applications in similar industries.

From a regional standpoint, Asia Pacific is expected to exhibit the highest growth rate during the forecast period. The rapid industrialization and urbanization in countries like China and India are leading to increased utilization of magnesium chloride in various industries. Additionally, the development of infrastructure and the rising demand for efficient deicing and dust control solutions in these emerging economies are also fueling the market's growth in the region.

Product Type Analysis

Industrial Grade Analysis

The industrial grade segment of the Anhydrous Magnesium Chloride market is anticipated to hold a substantial share throughout the forecast period. This grade is primarily used for deicing, dust control, and as a raw material in the production of magnesium metal and other chemicals. The increasing investments in infrastructure and the need for efficient deicing solutions in industrial applications are driving the demand for industrial-grade magnesium chloride. Moreover, its application in dust control for mining and construction activities is further bolstering its market growth.

Another driving factor for the industrial grade segment is its role in the chemical industry. Magnesium chloride is utilized as a chemical intermediate in various synthesis processes, including the production of magnesium hydroxide and other magnesium-based compounds. The growing chemical industry, particularly in developing regions, is expected to enhance

Check out Market Research Intellect's High Purity Magnesium Chloride Market Report, valued at USD 300 million in 2024, with a projected growth to USD 500 million by 2033 at a CAGR of 7.2% (2026-2033).

The anhydrous magnesium chloride market is experiencing robust growth, driven by increasing demand across diverse sectors. The market's expansion is fueled by its crucial role in various applications, including metal processing (particularly magnesium alloys and aluminum production), brine purification, and the production of fire-retardant materials. Technological advancements aimed at improving the efficiency and cost-effectiveness of anhydrous magnesium chloride production are further bolstering market growth. Furthermore, the rising construction industry and the increasing need for effective fire safety measures contribute to sustained demand. While precise figures for market size and CAGR are unavailable, considering the growth trajectory of related industries and the product's versatility, a conservative estimate suggests a market size of approximately $1.5 billion in 2025, with a compound annual growth rate (CAGR) of around 5% projected for the forecast period 2025-2033. This growth is expected to be largely driven by the expansion of industrial sectors and ongoing research and development in material science. However, the market faces certain challenges. Fluctuations in raw material prices and the energy-intensive nature of anhydrous magnesium chloride production represent potential restraints. Stringent environmental regulations surrounding industrial waste management may also impact the industry's growth trajectory. The competitive landscape is moderately concentrated, with key players like Skyline Chemical, Muby Chemicals, Anron Chemicals, Shenzhou Chemical, and others actively engaged in market expansion strategies. These companies are focusing on innovation, strategic partnerships, and geographical diversification to enhance their market positions and counter the effects of these restraints. Future market growth will depend on effective mitigation of these challenges and continued technological advancements in production methods and application development.

Magnesium Chloride Market Outlook

The global magnesium chloride market size is projected to grow significantly from USD 1.2 billion in 2023 to USD 2.0 billion by 2032, at a compounded annual growth rate (CAGR) of 6.4%. The market growth is driven by increasing demand in various applications such as deicing, dust control, agriculture, pharmaceuticals, and the food and beverage industry. The versatile properties of magnesium chloride and its wide range of applications have contributed to its rising popularity and subsequent market expansion.

One of the primary growth factors in the magnesium chloride market is its extensive use in deicing applications. Magnesium chloride is highly effective in low-temperature environments and provides superior performance in ice melting compared to traditional materials like sodium chloride. This makes it an attractive choice for municipalities and highway departments, especially in regions with harsh winters. Furthermore, magnesium chloride is less corrosive to vehicles and infrastructure, offering a more environmentally friendly alternative to other deicing chemicals, thus driving its demand.

Another significant growth factor is the application of magnesium chloride in dust control. In industries such as construction, mining, and unpaved road maintenance, dust suppression is a critical concern. Magnesium chloride helps to bind fine particles and prevent them from becoming airborne, thereby improving air quality and reducing respiratory health risks for workers and nearby communities. Its hygroscopic nature allows it to absorb moisture from the air, maintaining dust control efficacy even in dry conditions, which spurs its adoption in various sectors.

The agricultural sector also presents a robust opportunity for the magnesium chloride market. Magnesium is an essential nutrient for plant growth, and magnesium chloride serves as a vital source of this element. It plays a crucial role in chlorophyll production and enzyme activation, thereby enhancing crop yield and quality. With the increasing global population and the consequent need for higher agricultural productivity, the use of magnesium chloride in fertilizers and soil conditioners is expected to rise, further driving market growth.

Magnesium Chromate is another compound that has garnered attention due to its unique properties and applications. Unlike magnesium chloride, which is widely used for deicing and dust control, magnesium chromate is primarily utilized in the aerospace and automotive industries for its corrosion-inhibiting qualities. It is often used as a pigment in paints and coatings to protect metal surfaces from oxidation and degradation. The compound's ability to provide long-lasting protection makes it a valuable asset in environments where metal durability is crucial. As industries continue to seek advanced materials for enhanced performance and longevity, the demand for magnesium chromate is expected to rise, complementing the growth observed in other magnesium-based compounds.

Regionally, the Asia-Pacific region is anticipated to witness the highest growth rate in the magnesium chloride market. The expanding industrial base, coupled with rapid urbanization and infrastructure development, particularly in countries like China and India, is boosting the demand for magnesium chloride in various applications. Additionally, the growing agricultural activities and the increasing need for effective dust control solutions in the region are contributing to the market expansion. North America and Europe are also significant markets due to the widespread use of magnesium chloride in deicing and dust control applications.

Form Analysis

Magnesium chloride is available in several forms, including flakes, granules, powder, and liquid. Each form has its unique advantages and preferred applications. Flakes, for instance, are extensively used in deicing and dust control due to their ease of handling and application. The flake form allows for quick dissolution in water, making it highly effective for immediate use in weather-related applications. The granule form, on the other hand, is favored in industrial applications where controlled release and specific particle size are necessary.

The powder form of magnesium chloride is commonly used in pharmaceutical and food

The US Magnesium Chloride market growth is driven by the expanding use of magnesium chloride for road safety issues in the country.

The Magnesium Chloride Market size was valued at USD 506.4 million in 2023 and is projected to reach USD 679.96 million by 2032, exhibiting a CAGR of 4.3 % during the forecast period. The Magnesium Chloride market is witnessing significant growth due to its extensive applications across various industries. This versatile compound, known for its high solubility and hygroscopic nature, is primarily used in de-icing, dust control, and as a key ingredient in magnesium oxychloride cement. Types of magnesium chloride include anhydrous and hexahydrate forms, each utilized for specific purposes. Technologically, its production involves either extraction from seawater or brine solution or as a by-product of potassium chloride production. The market's expansion is driven by increased demand in the construction and chemical sectors, as well as its environmental benefits in road maintenance. Overall, magnesium chloride offers advantages such as cost-effectiveness, efficiency in low temperatures for de-icing, and contributing to sustainable practices.

Explore the factors influencing magnesium chloride pricing, including raw material availability, energy costs, and market demand across industries. Understand how global economic conditions, supply chain disruptions from COVID-19, regional dynamics, and environmental policies impact its price structure and trends.

The global magnesium chloride flake market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 isn't specified, considering a plausible CAGR (let's assume a conservative 5% based on industry trends) and a starting point (let's assume a 2019 market size of $1 billion for illustrative purposes), we can estimate the 2025 market size to be approximately $1.34 billion. This growth is fueled by several key factors. The rising use of magnesium chloride as a de-icing agent in winter road maintenance contributes significantly to market expansion, especially in regions with harsh winters. Furthermore, its applications in various industrial processes, such as water treatment, oil and gas drilling, and the production of magnesium metal and other magnesium compounds, are steadily increasing global demand. The market is segmented based on application, with road de-icing likely being the largest segment, followed by industrial applications. Key players like Nedmag, Compass Minerals, and Dead Sea Works are actively shaping the market landscape through strategic investments and technological advancements. However, the market's growth trajectory is not without challenges. Fluctuations in raw material prices and environmental concerns related to magnesium chloride's usage can pose constraints. Moreover, stringent regulations and the emergence of alternative de-icing solutions could potentially impact market growth in the long term. Despite these restraints, the overall outlook for the magnesium chloride flake market remains positive, with continued expansion anticipated throughout the forecast period (2025-2033). The market's growth is projected to maintain a steady pace, further bolstered by the ongoing infrastructural development and increasing industrialization globally. Future growth will depend on innovation and adaptation within the industry to address environmental concerns and economic fluctuations.

The size of the Magnesium Chloride Market was valued at USD XX Kiloton in 2023 and is projected to reach USD XXX Kiloton by 2032, with an expected CAGR of 12.8% during the forecast period. The Magnesium Chloride market is witnessing significant growth due to its extensive applications across various industries. This versatile compound, known for its high solubility and hygroscopic nature, is primarily used in de-icing, dust control, and as a key ingredient in magnesium oxychloride cement. Types of magnesium chloride include anhydrous and hexahydrate forms, each utilized for specific purposes. Technologically, its production involves either extraction from seawater or brine solution or as a by-product of potassium chloride production. The market's expansion is driven by increased demand in the construction and chemical sectors, as well as its environmental benefits in road maintenance. Overall, magnesium chloride offers advantages such as cost-effectiveness, efficiency in low temperatures for de-icing, and contributing to sustainable practices. Key drivers for this market are: Rising Demand for Electronic Products to Drive Growth . Potential restraints include: Development of Graphene Sheets to Hinder Growth.

Key drivers for this market are: Demand from industries such as construction, agriculture, and pharmaceuticals for magnesium chloride as a raw material or additive in cement production, fertilizer manufacturing, and pharmaceutical formulations.. Potential restraints include: Environmental concerns related to the use of magnesium chloride for de-icing and dust control, including its impact on soil and water quality, vegetation, and aquatic ecosystems, leading to regulatory restrictions and limitations.

. Notable trends are: Increasing emphasis on sustainable sourcing, production, and use of magnesium chloride, including eco-friendly extraction methods, recycling of by-products, and development of biodegradable formulations..

The global market for Magnesium Chloride Anhydrous is projected to decline at a CAGR of -1.1% from 2025 to 2033. The market size in 2025 is estimated at million and is projected to reach million in 2033. The decline in the market is attributed to the increasing use of substitutes such as sodium chloride and calcium chloride. Key drivers for the market include the growing demand from the industrial, building materials, food industry, and medicine sectors. Regional analysis reveals that North America holds the largest market share, followed by Asia-Pacific and Europe. The Asia-Pacific region is expected to witness significant growth in the coming years due to the increasing demand from the rapidly growing economies of China and India. The key players in the market include Skyline Chemical, Muby Chemicals, Anron Chemicals, Shenzhou Chemical, Huacheng Magnesium, Longfei, Haixu Chemical, SATA, and Xinda Metal Material. These companies are focusing on expanding their production capacities and investing in research and development to meet the growing demand for Magnesium Chloride Anhydrous.

The global magnesium chloride flake market is experiencing robust growth, driven by increasing demand across diverse sectors. The market size in 2025 is estimated at $1.5 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. Key drivers include the expanding metallurgical industry, particularly in aluminum production where magnesium chloride serves as a crucial electrolyte. The chemical industry utilizes magnesium chloride extensively in various processes, including water treatment and de-icing agents, further fueling market expansion. Furthermore, the construction sector's burgeoning demand for magnesium oxychloride cement, a key application for magnesium chloride flakes, significantly contributes to the overall growth trajectory. The rising demand from the food industry as a nutritional supplement and in the production of certain food additives is also a significant factor. The packaging of magnesium chloride flakes in 25kg, 50kg and 1000kg bags caters to varied industrial needs and application scale. The market is segmented by application (metallurgy, chemical industry, building materials, food industry, transportation, and others) and by packaging type (25kg/bag, 50kg/bag, 1000kg/bag). While North America and Europe currently hold substantial market shares, the Asia-Pacific region, particularly China and India, is projected to exhibit the most significant growth in the forecast period due to rapid industrialization and infrastructure development. Growth restraints include fluctuations in raw material prices and environmental concerns associated with certain production processes. Leading players like Nedmag, Compass Minerals, and Dead Sea Works (Mag) are strategically expanding their production capacities and exploring new applications to maintain their market positions amidst the increasing competition from regional players. The forecast period (2025-2033) presents lucrative opportunities for businesses operating in this market, particularly those focusing on sustainable production practices and innovative product applications.

The forecast for the global Magnesium Chloride market predicts substantial growth, with market size projected to soar to USD 840.04 Million by 2033, a significant increase from the USD 554.19 Million recorded in 2024. This expansion reflects an impressive compound annual growth rate (CAGR) of 4.73% anticipated between 2025 and 2033.

The Global Magnesium Chloride market size to cross USD 840.04 Mi

The global de-icing magnesium chloride market is projected to exhibit a compound annual growth rate (CAGR) of 2.5% during the forecast period, 2023-2028. The market is anticipated to reach $48.5 million by 2028. This growth is primarily attributed to the increasing demand for de-icing agents owing to the rising frequency and severity of winter storms. Rising concerns regarding the environmental impact of traditional de-icing chemicals, such as sodium chloride, are also driving the demand for magnesium chloride. North America is expected to hold the largest market share during the forecast period, primarily due to the high prevalence of winter weather in the region. The United States is the largest consumer of de-icing magnesium chloride in North America, followed by Canada. Europe is another key market for de-icing magnesium chloride, with Germany being the largest consumer in the region. The Asia-Pacific region is expected to witness significant growth in the market, with China and India being the major contributors. The growing infrastructure development in these countries is driving the demand for de-icing magnesium chloride.