Magnesium Chloride Market expected to Grow at a CAGR of 4.39% by 2035
According to ChemAnalyst report, “ Global Magnesium Chloride Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, Manufacturing Process, Policy and Regulatory Landscape, 2015-2035”, The Magnesium Chloride market is likely to experience a significant growth and expected to reach 2900 thousand tonnes in 2035, at a CAGR of 4.39%. The increasing demand for Magnesium Chloride by Sorel Cement, Dust Suppressant, and De-icing Agent end-use industries, is expected to boost the growth of the Magnesium Chloride market in the forecast period. Magnesium chloride is a white, odourless powder with a moisture absorbing nature. Seawater or brine can be used to produce magnesium chloride. Its water-absorbing nature contributes to its application in the cement industry, de-icing of roads, and dust suppressant. Furthermore, magnesium chloride is empl...