Magnesium Hydroxide Market, By Application (Environmental (Flue-gas Desulphurization, Wastewater Treatment), Pharmaceuticals, Chemicals & Others, Flame Retardants), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Magnesium is a naturally occurring mineral which is essential for the effective functioning of different body systems. Magnesium hydroxide can be precipitation of magnesium salts with potassium, sodium or ammonium hydroxide. Magnesium hydroxide has a milk like appearance due to which it is also known as milk of magnesia.
Market Dynamics
The global magnesium hydroxide market has witnessed a surge in market growth in terms of revenue in recent past years, owing to the increase of its demand in healthcare pharmaceutical industry. Magnesium hydroxide is also used during desulfurization process in the thermal power plants. The increasing application in various end user industries is projected to foster the market growth in the forthcoming years.
Among regions, Asia-Pacific was estimated to account for a substantial market share in terms of revenue, in 2021, and is also expected to witness the fastest growth in next few years. The rise in growth of pharmaceutical industry has augmented to the increase in demand of magnesium hydroxide in the emerging economies which in turn is expected to boost the growth of the global magnesium hydroxide market in future.
Key features of the study:
This report provides in-depth analysis of global magnesium hydroxide market size (US$ Million and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global magnesium hydroxide market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes Nedmag Industries Mining & Manufacturing B.V., Nabaltec AG., Huber Engineering Materials, Kyowa Chemical Industry Co. Ltd., Konoshima Chemicals Co. Ltd., Tateho Chemical Industries Co., Ltd, Baymag Inc., Sakai Chemical Industries Co. Ltd., Lehmann & Voss & CO. KG., Martin Marietta Materials Inc., Xinyang Mineral Group, Premier Periclase Ltd., Israel Chemicals Ltd., and Premier Magnesia LLC
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global magnesium hydroxide market report caters to various stakeholders in this industry including investors, suppliers, global magnesium hydroxide manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global magnesium hydroxide market
Detailed Segmentation:
Global Magnesium Hydroxide market, By Application:
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Global Magnesium Hydroxide Market, By Region:
North America
U.S.
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Canada
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Latin America
Brazil
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Mexico
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Rest of Latin America
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Europe
EU 5
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Benelux
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Nordic
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Russia
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Ukraine
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Rest of Europe
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Asia Pacific
China
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
India
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Japan
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
South Korea
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Rest of Asia Pacific
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Middle East & Africa
GCC
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
South Africa
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
North Africa
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Rest of Middle East & Africa
By Application
Environmental
Flue-gas Desulphurization
Wastewater Treatment
Pharmaceuticals
Chemicals & Others
Flame Retardants
Company Profiles
Nedmag Industries Mining & Manufacturing B.V.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Nabaltec AG.
Huber Engineering Materials
Kyowa Chemical Industry Co. Ltd.
Konoshima Chemicals Co. Ltd.
Tateho Chemical Industries Co., Ltd
Baymag Inc.
Sakai Chemical Industries Co. Ltd.
Lehmann & Voss & CO. KG.
Martin Marietta Materials Inc.
Xinyang Mineral Group
Premier Periclase Ltd.
Israel Chemicals Ltd.
Premier Magnesia LLC
“*” marked represents similar segmentation in other categories in the respective section.
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