Product Code: ETC4693036 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Armenia Magnesium Chloride Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Although the growth rate starts strong at 15.08% in 2025, it steadily loses momentum, ending at 13.94% by 2029.
By 2027, Armenia's Magnesium Chloride market is forecasted to achieve a high growth rate of 14.80%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Magnesium Chloride Market in Armenia benefits from its use in de-icing, dust control, and as a supplement in agriculture. The versatility of magnesium chloride drives its demand across multiple industries.
Armenia`s magnesium chloride market is driven by de-icing applications, wastewater treatment, and nutritional supplements. Key drivers include road safety initiatives, water purification technologies, and health benefits of magnesium.
The magnesium chloride market in Armenia deals with challenges such as the seasonal nature of salt lake extraction and environmental regulations on brine water disposal. Additionally, there are issues related to the need for efficient processing technologies to extract magnesium chloride and the competitive pricing pressures from global suppliers.
Government policies in Armenia related to the Magnesium Chloride market aim to capitalize on natural mineral resources for industrial and agricultural applications. Policies include mining concessions for magnesium chloride extraction, environmental regulations for brine disposal and water management, and research funding for exploring new uses of magnesium chloride in chemical industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Magnesium Chloride Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Magnesium Chloride Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Magnesium Chloride Market - Industry Life Cycle |
3.4 Armenia Magnesium Chloride Market - Porter's Five Forces |
3.5 Armenia Magnesium Chloride Market Revenues & Volume Share, By ? Form, 2021 & 2031F |
3.6 Armenia Magnesium Chloride Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Armenia Magnesium Chloride Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Magnesium Chloride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Magnesium Chloride Market Trends |
6 Armenia Magnesium Chloride Market Segmentations |
6.1 Armenia Magnesium Chloride Market, By ? Form |
6.1.1 Overview and Analysis |
6.1.2 Armenia Magnesium Chloride Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.3 Armenia Magnesium Chloride Market Revenues & Volume, By Flakes, 2021-2031F |
6.2 Armenia Magnesium Chloride Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Armenia Magnesium Chloride Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 Armenia Magnesium Chloride Market Revenues & Volume, By Food and Pharmaceutical, 2021-2031F |
6.3 Armenia Magnesium Chloride Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Magnesium Chloride Market Revenues & Volume, By Deicing Agent, 2021-2031F |
6.3.3 Armenia Magnesium Chloride Market Revenues & Volume, By Dust Suppressant, 2021-2031F |
6.3.4 Armenia Magnesium Chloride Market Revenues & Volume, By Chemicals & Derivatives, 2021-2031F |
6.3.5 Armenia Magnesium Chloride Market Revenues & Volume, By Building Materials, 2021-2031F |
6.3.6 Armenia Magnesium Chloride Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.7 Armenia Magnesium Chloride Market Revenues & Volume, By Food & Feed, 2021-2031F |
7 Armenia Magnesium Chloride Market Import-Export Trade Statistics |
7.1 Armenia Magnesium Chloride Market Export to Major Countries |
7.2 Armenia Magnesium Chloride Market Imports from Major Countries |
8 Armenia Magnesium Chloride Market Key Performance Indicators |
9 Armenia Magnesium Chloride Market - Opportunity Assessment |
9.1 Armenia Magnesium Chloride Market Opportunity Assessment, By ? Form, 2021 & 2031F |
9.2 Armenia Magnesium Chloride Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Armenia Magnesium Chloride Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Magnesium Chloride Market - Competitive Landscape |
10.1 Armenia Magnesium Chloride Market Revenue Share, By Companies, 2024 |
10.2 Armenia Magnesium Chloride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |