Global Magnesium Chloride Market Size and YoY Growth (2025-2032)

Industrial demand dynamics and expanding application breadth are shaping a steady upward trajectory across the magnesium chloride value chain. In 2025, the Global Magnesium Chloride Market was valued at USD 1,180.45 million, with a YoY growth rate of 3.53%, reflecting stable consumption across de-icing, construction, and chemical processing segments. In 2026, the market is estimated to reach USD 1,226.11 million, driven by improving infrastructure activity and consistent industrial procurement. Controlled supply conditions and balanced pricing structures contributed to predictable annual expansion, while regulatory acceptance of chloride-based solutions reinforced usage across core applications.
Global Magnesium Chloride Market during the forecast period, deeper penetration into dust control, wastewater treatment, and speciality chemical uses is projected to reach USD 1,487.8 million by 2030, driven by rising operational efficiency requirements and performance standards. Capacity optimisation and process improvements continue to support scalable output across key producing regions. By 2032, the Global Magnesium Chloride Market is projected to reach USD 1,692.3 million, with year-on-year growth accelerating to 7.03%, indicating sustained long-term expansion supported by diversified industrial demand and structurally strong consumption fundamentals.