Global Magnesium Sulfate Market Growth 2023-2029

Global Magnesium Sulfate Market Growth 2023-2029

Magnesium sulfate is a white, crystalline powder, or brilliant colourless crystals, usually needle-like. It is freely soluble in water, more rapidly soluble in boiling water, and practically insoluble in alcohol.
LPI (LP Information)' newest research report, the “Magnesium Sulfate Industry Forecast” looks at past sales and reviews total world Magnesium Sulfate sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnesium Sulfate sales for 2023 through 2029. With Magnesium Sulfate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnesium Sulfate industry.
This Insight Report provides a comprehensive analysis of the global Magnesium Sulfate 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 Sulfate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnesium Sulfate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnesium Sulfate 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 Sulfate.
The global Magnesium Sulfate market size is projected to grow from US$ 574 million in 2022 to US$ 795.5 million in 2029; it is expected to grow at a CAGR of 795.5 from 2023 to 2029.
Global core magnesium sulfate manufacturers include K+S, Giles, PQ Corporation etc. The top 2 companies hold a share about 45%.China is the largest market, with a share about 56%, followed by Europe with the share about 24%.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnesium Sulfate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Anhydrous Magnesium Sulfate
Hydrous Magnesium Sulfate
Segmentation by application
Agriculture
Industry
Food and Pharmaceutical Industry
Others
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.
K+S
Giles
PQ Corporation
Aldeon
UMAI CHEMICAL
Mani Agro Chem
Gee Gee Kay
Haifa
Penoles
Sinomagchem
Laiyu Chemical
Laizhou Kangxin
Laizhou Litong
Hongda Xingye
Laizhou Shouxi
Zibo Jinxing
Nafine
Tianjin Changlu Haijing
Yantai Sanding
Weifang Huakang
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnesium Sulfate market?
What factors are driving Magnesium Sulfate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnesium Sulfate market opportunities vary by end market size?
How does Magnesium Sulfate 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.