Product Code: ETC088004 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Magnesium Chloride Market is poised for steady growth rate improvements from 2025 to 2029. From 3.93% in 2025, the growth rate steadily ascends to 13.72% in 2029.
In the Asia region, the Magnesium Chloride market in Thailand is projected to expand at a growing growth rate of 5.50% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The magnesium chloride market in Thailand is estimated to reach US$ 32.9 million, growing at a CAGR of 4.3% during the forecast period. The major drivers for the growth of this market include increasing demand from various industries such as food and beverages, pharmaceuticals and chemicals, increasing infrastructure development activities in Thailand?s construction sector and rising use of magnesium chloride as deicer on roads during winter season.
The magnesium chloride market in Thailand is influenced by its applications in de-icing, dust control, and various industrial processes. Magnesium chloride`s hygroscopic properties and versatility make it valuable in road maintenance and industrial applications. Environmental concerns, urban development, and industrial requirements contribute to the demand for magnesium chloride.
Challenges in the magnesium chloride market include quality control, market competition, and environmental considerations. Ensuring consistent product quality and purity is essential for various applications of magnesium chloride. Moreover, competing with alternative deicing agents and addressing environmental concerns related to production and usage are key challenges.
Magnesium chloride is used in various industries, including de-icing, agriculture, and food processing. The pandemic`s impact on transportation and disruptions in supply chains could have affected demand for magnesium chloride. As transportation and industries recover, demand for de-icing agents and industrial applications could drive the market.
In the magnesium chloride market, companies like Compass Minerals and Dead Sea Works are significant players. They provide magnesium chloride products used in de-icing, dust control, and various industrial applications.
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 Thailand Magnesium Chloride Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Magnesium Chloride Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Magnesium Chloride Market - Industry Life Cycle |
3.4 Thailand Magnesium Chloride Market - Porter's Five Forces |
3.5 Thailand Magnesium Chloride Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Thailand Magnesium Chloride Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Thailand Magnesium Chloride Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Magnesium Chloride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Magnesium Chloride Market Trends |
6 Thailand Magnesium Chloride Market, By Types |
6.1 Thailand Magnesium Chloride Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Thailand Magnesium Chloride Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 Thailand Magnesium Chloride Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.4 Thailand Magnesium Chloride Market Revenues & Volume, By Flakes, 2021-2031F |
6.2 Thailand Magnesium Chloride Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Thailand Magnesium Chloride Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 Thailand Magnesium Chloride Market Revenues & Volume, By Food and Pharmaceutical, 2021-2031F |
6.3 Thailand Magnesium Chloride Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Magnesium Chloride Market Revenues & Volume, By Deicing Agent, 2021-2031F |
6.3.3 Thailand Magnesium Chloride Market Revenues & Volume, By Dust Suppressant, 2021-2031F |
6.3.4 Thailand Magnesium Chloride Market Revenues & Volume, By Chemicals & Derivatives, 2021-2031F |
6.3.5 Thailand Magnesium Chloride Market Revenues & Volume, By Building Materials, 2021-2031F |
6.3.6 Thailand Magnesium Chloride Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.7 Thailand Magnesium Chloride Market Revenues & Volume, By Food & Feed, 2021-2031F |
7 Thailand Magnesium Chloride Market Import-Export Trade Statistics |
7.1 Thailand Magnesium Chloride Market Export to Major Countries |
7.2 Thailand Magnesium Chloride Market Imports from Major Countries |
8 Thailand Magnesium Chloride Market Key Performance Indicators |
9 Thailand Magnesium Chloride Market - Opportunity Assessment |
9.1 Thailand Magnesium Chloride Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Thailand Magnesium Chloride Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Thailand Magnesium Chloride Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Magnesium Chloride Market - Competitive Landscape |
10.1 Thailand Magnesium Chloride Market Revenue Share, By Companies, 2024 |
10.2 Thailand Magnesium Chloride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |