Product Code: ETC088035 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Ghana Magnesium Chloride Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 0.00% in 2025, the growth rate steadily ascends to 0.00% in 2029.
The Magnesium Chloride market in Ghana is projected to grow at a stable growth rate of 0.00% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.
In Ghana, the magnesium chloride market is witnessing steady growth, driven by the demand for magnesium chloride salts in applications such as de-icing and dust control, industrial processing, and pharmaceutical formulations. Magnesium chloride, a hygroscopic salt, offers properties such as hygroscopicity, solubility, and low freezing point, making it suitable for use as a de-icer on roads, a coagulant in textile manufacturing, and a supplement in dietary supplements. With Ghana infrastructure development projects and chemical industries, the demand for magnesium chloride is expected to continue rising in the country.
The Ghana magnesium chloride market is experiencing growth driven by increasing usage in de-icing and dust control applications, particularly in road maintenance and construction sectors. Magnesium chloride`s effectiveness in melting ice and controlling dust on roads and construction sites is driving market expansion in the country.
The magnesium chloride market faces challenges related to competition from alternative deicing agents and fluctuating raw material prices. Maintaining market competitiveness and profitability amid price volatility and changing customer preferences requires innovative product formulations and value-added services. Additionally, addressing environmental concerns and regulatory compliance requirements for deicing operations and wastewater disposal is essential for market acceptance.
The government of Ghana has implemented policies to support the development of the magnesium chloride market, recognizing its various industrial applications. Efforts focus on promoting sustainable extraction practices, ensuring environmental protection standards, and fostering partnerships between industry stakeholders to maximize the value of magnesium chloride resources while mitigating negative impacts on the environment and local communities.
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 Ghana Magnesium Chloride Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Magnesium Chloride Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Magnesium Chloride Market - Industry Life Cycle |
3.4 Ghana Magnesium Chloride Market - Porter's Five Forces |
3.5 Ghana Magnesium Chloride Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Ghana Magnesium Chloride Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Ghana Magnesium Chloride Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Ghana Magnesium Chloride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Magnesium Chloride Market Trends |
6 Ghana Magnesium Chloride Market, By Types |
6.1 Ghana Magnesium Chloride Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Ghana Magnesium Chloride Market Revenues & Volume, By Form, 2018 - 2031F |
6.1.3 Ghana Magnesium Chloride Market Revenues & Volume, By Liquid, 2018 - 2031F |
6.1.4 Ghana Magnesium Chloride Market Revenues & Volume, By Flakes, 2018 - 2031F |
6.2 Ghana Magnesium Chloride Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Ghana Magnesium Chloride Market Revenues & Volume, By Industrial, 2018 - 2031F |
6.2.3 Ghana Magnesium Chloride Market Revenues & Volume, By Food and Pharmaceutical, 2018 - 2031F |
6.3 Ghana Magnesium Chloride Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Ghana Magnesium Chloride Market Revenues & Volume, By Deicing Agent, 2018 - 2031F |
6.3.3 Ghana Magnesium Chloride Market Revenues & Volume, By Dust Suppressant, 2018 - 2031F |
6.3.4 Ghana Magnesium Chloride Market Revenues & Volume, By Chemicals & Derivatives, 2018 - 2031F |
6.3.5 Ghana Magnesium Chloride Market Revenues & Volume, By Building Materials, 2018 - 2031F |
6.3.6 Ghana Magnesium Chloride Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.3.7 Ghana Magnesium Chloride Market Revenues & Volume, By Food & Feed, 2018 - 2031F |
7 Ghana Magnesium Chloride Market Import-Export Trade Statistics |
7.1 Ghana Magnesium Chloride Market Export to Major Countries |
7.2 Ghana Magnesium Chloride Market Imports from Major Countries |
8 Ghana Magnesium Chloride Market Key Performance Indicators |
9 Ghana Magnesium Chloride Market - Opportunity Assessment |
9.1 Ghana Magnesium Chloride Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Ghana Magnesium Chloride Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Ghana Magnesium Chloride Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ghana Magnesium Chloride Market - Competitive Landscape |
10.1 Ghana Magnesium Chloride Market Revenue Share, By Companies, 2024 |
10.2 Ghana Magnesium Chloride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |