Magnesium Chloride Market : By Application & By Geography - Forecast 2020-2027
Market Highlights The Global Magnesium Chloride Market is estimated to be valued at USD 212,823.3 Thousand and register a CAGR of 4.65% during the forecast period. The use of magnesium chloride as an anti-icing agent is the primary driver of the global magnesium chloride market. The benefits associated with the consumption of magnesium chloride such as better heart health, optimized brain, muscle, and nerve function, improved bone health, low blood sugar levels, better digestive process, stronger immune system, and lower risk of developing migraines have increased their demand, which is expected to fuel the global market growth. Segment Analysis The global Magnesium Chloride Market has been segmented on the basis of form, grade, application, and region. The global market, on the basis of form, has been divided into liquid and flakes. The liquid segment is expected to reach a value of USD 126,218.5 thousand by the end of the forecast period. The high...