Global Magnesium Carbonate Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Magnesium Carbonate Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Magnesium carbonate, MgCO3 (CAS 546-93-0), is an inorganic salt that is a white solid. Several hydrated and basic forms of magnesium carbonate also exist as minerals. The primary use of magnesium carbonate is the production of magnesium oxide by calcining. Magnesite and dolomite minerals are used to produce refractory bricks. MgCO3 is also used in flooring, fireproofing, Pulp & Paper Industry compositions, cosmetics, dusting powder, and toothpaste. Other applications are as filler material, smoke suppressant in plastics, a reinforcing agent in neoprene rubber, a drying agent, a laxative to loosen the bowels, and color retention in foods. In addition, high purity magnesium carbonate is used as antacid and as an additive in table salt to keep it free flowing.

According to our (Global Info Research) latest study, the global Magnesium Carbonate market size was valued at US$ 92.2 million in 2023 and is forecast to a readjusted size of USD 112 million by 2030 with a CAGR of 2.9% during review period.

Global key players of Magnesium Carbonate include Konoshima Chemical, Zehui Chemical, Dr. Paul Lohmann, Liaoning Xinghai Pharmaceutical, Naikai Salt Industries, etc. The top five players hold a share over 40%. Asia-Pacific is the largest market, and has a share about 50%, followed by North America and Europe with share 25% and 17%, separately. In terms of product type, Light Magnesium Carbonate is the largest segment, occupied for a share of 65%. In terms of application, Pharmaceuticals has a share about 24 percent.

This report is a detailed and comprehensive analysis for global Magnesium Carbonate market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Magnesium Carbonate market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Ton), 2019-2030

Global Magnesium Carbonate market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Ton), 2019-2030

Global Magnesium Carbonate market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Ton), 2019-2030

Global Magnesium Carbonate market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/Ton), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Magnesium Carbonate

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Magnesium Carbonate market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Konoshima Chemical, Naikai Salt Industries, Rahul Magnesia, SCORA S.A.S, Dr. Paul Lohmann, Zehui Chemical, Meishen, Xingtai Messi, Liaoning Xinghai Pharmaceutical, Yixing Lark Fine Chemical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Magnesium Carbonate market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Light Magnesium Carbonate
Heavy Magnesium Carbonate

Market segment by Application
Pharmaceuticals
Plastic & Rubber Industry
Personal Care & Cosmetics
Paints & Inks
Pulp & Paper Industry
Food & Beverage
Others

Major players covered
Konoshima Chemical
Naikai Salt Industries
Rahul Magnesia
SCORA S.A.S
Dr. Paul Lohmann
Zehui Chemical
Meishen
Xingtai Messi
Liaoning Xinghai Pharmaceutical
Yixing Lark Fine Chemical
Yingkou Magnesite Chemical
Hebei Gaolin

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Magnesium Carbonate product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Magnesium Carbonate, with price, sales quantity, revenue, and global market share of Magnesium Carbonate from 2019 to 2024.

Chapter 3, the Magnesium Carbonate competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Magnesium Carbonate breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Magnesium Carbonate market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Magnesium Carbonate.

Chapter 14 and 15, to describe Magnesium Carbonate sales channel, distributors, customers, research findings and conclusion.