Global Magnesium Hydroxide Market Growth 2023-2029
Magnesium Hydroxide is an inorganic compound with the formula Mg(OH)2. In the market, there are mainly two forms of magnesium hydroxide, including magnesium hydroxide slurry and magnesium hydroxide power. Suspension of magnesium hydroxide in water is magnesium hydroxide slurry with the content is commonly 40%-60%. While for the magnesium hydroxide power, it owns good absorbability due to the large specific surface area. In the report, all of the data are mainly based on anhydrous (100% Mg(OH)2) magnesium hydroxide.
LPI (LP Information)' newest research report, the “Magnesium Hydroxide Industry Forecast” looks at past sales and reviews total world Magnesium Hydroxide sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnesium Hydroxide sales for 2023 through 2029. With Magnesium Hydroxide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnesium Hydroxide industry.
This Insight Report provides a comprehensive analysis of the global Magnesium Hydroxide landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnesium Hydroxide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnesium Hydroxide market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnesium Hydroxide and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnesium Hydroxide.
The global Magnesium Hydroxide market size is projected to grow from US$ 721 million in 2022 to US$ 978.6 million in 2029; it is expected to grow at a CAGR of 978.6 from 2023 to 2029.
Global Magnesium Hydroxide key players include Ube Materials, Martin Marietta, RHI Magnesita, Yantai FR Flame Technology, Qinghai West Magnesium, etc. Global top five manufacturers hold a share about 48%. China is the largest market, with a share about 33%, followed by Japan and Europe, both have a share over 48 percent. In terms of product, Chemical Synthesis Method is the largest segment, with a share over 71%. And in terms of application, the largest application is Water Treatment, followed by Flame Retardant Industry, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnesium Hydroxide market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Chemical Synthesis Method
Physical Method
Segmentation by application
Water Treatment
Flame Retardant Industry
Pharmaceutical & Food
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ube Materials
Martin Marietta
Kyowa Chemical
RHI Magnesita
ICL
Konoshima Chemical
Russian Mining Chemical
Nedmag
SPI Pharma
Huber
Xinyang Minerals
Qinghai Best
Liaoning Deer
Dandong Yungsing
Weifang Yuandong
Yantai FR Flame Technology
Qinghai West Magnesium
ShanDong LuHua
Weifang Haililong
Lianyungang Nippo Group
Zhejiang Lianda
Naikai Salt
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnesium Hydroxide market?
What factors are driving Magnesium Hydroxide market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnesium Hydroxide market opportunities vary by end market size?
How does Magnesium Hydroxide break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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