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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.
Market Analysis and Insights: Global Magnesium Hydroxide Market
Due to the COVID-19 pandemic, the global Magnesium Hydroxide market size is estimated to be worth US$ 771.4 million in 2022 and is forecast to a readjusted size of US$ 993.1 million by 2028 with a CAGR of 4.3% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Chemical Synthesis Method accounting for % of the Magnesium Hydroxide global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Water Treatment segment is altered to an % CAGR throughout this forecast period.
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.
Global Magnesium Hydroxide Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Magnesium Hydroxide Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Chemical Synthesis Method
Physical Method
Segment by Application
Water Treatment
Flame Retardant Industry
Pharmaceutical & Food
Other
By Company
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
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Magnesium Hydroxide Market
Due to the COVID-19 pandemic, the global Magnesium Hydroxide market size is estimated to be worth US$ 771.4 million in 2022 and is forecast to a readjusted size of US$ 993.1 million by 2028 with a CAGR of 4.3% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Chemical Synthesis Method accounting for % of the Magnesium Hydroxide global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Water Treatment segment is altered to an % CAGR throughout this forecast period.
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.
Global Magnesium Hydroxide Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Magnesium Hydroxide Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Chemical Synthesis Method
Physical Method
Segment by Application
Water Treatment
Flame Retardant Industry
Pharmaceutical & Food
Other
By Company
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
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
