Magnesium Sulphate Market
Magnesium Sulphate Market Study by Heptahydrate, Anhydrous, and Monohydrate for Agriculture Additives, Food & Feed Additives, Pharmaceutical Additives, and Chemical Intermediaries from 2024 to 2034
Analysis of Magnesium Sulphate Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Magnesium Sulphate Market Outlook (2024 to 2034)
As per the latest published research report by Fact.MR, an expansion of the agriculture sector and the rising use of pharmaceuticals is driving demand for magnesium sulphate. This is set to increase the global magnesium sulphate market size from a value of US$ 861.6 million in 2024 to US$ 1.44 billion by 2034-end, at a CAGR of 5.3%.
Rising demand for processed meat, dairy products, and seafood is attributed to the growing preference for healthy and functional foods. Magnesium sulphate is used as one of the popular stabilizers in dairy products and cheese along with water retention agents in meat processing. It finds applications as a firming agent, flavor enhancer, nutrient supplier, and processing aid in multiple industries, such as agriculture, pharmaceutical, and food.
Magnesium sulphate is helpful in inactivating metallic ions to prevent the degradation of cosmetic and personal care products. In addition, it also assists in reducing alternation in the pH level of a solution when an acid or base is added. An expansion of the personal care industry is estimated to widen the application scope of magnesium sulphate.
- Sales of monohydrate (kieserite) are forecasted to rise at 5.3% CAGR and reach US$ 706.1 million by the end of 2034.
- East Asia is projected to account for 24.6% share of global market revenue by 2034.
- Demand for magnesium sulphate in Japan is anticipated to increase at a CAGR of 5.5% from 2024 to 2034.
Growing concentration on minimizing plastic consumption along with the implementation of stringent government mandates and regulations for restricting plastic waste is estimated to serve as pivotal factors positively influencing magnesium sulphate market trends. In recent years, the nutritional level and soil conditions have been decreasing, which is estimated to increase the demand for agriculture-grade magnesium sulphate.
Governments from various regions are investing in water treatment plants along with pest control systems as a part of their initiative for the comprehensive growth of respective countries. Therefore, an increased adoption in the demand for magnesium sulphate is encountered in these countries.
| Report Attributes | Details |
|---|---|
| Magnesium Sulphate Market Size (2024E) | US$ 861.6 Million |
| Forecasted Market Value (2034F) | US$ 1.44 Billion |
| Global Market Growth Rate (2024 to 2034) | 5.3% CAGR |
| Market Share of Food & Feed Additives (2034F) | 21.7% |
| South Korea Market Growth Rate (2024 to 2034) | 8.1% CAGR |
| North America Market Share (2034F) | 17.5% |
| Key Companies Profiled | Mag Products India Private Limited (MPIPL); Baoding; ZIBO JINXING CHEMICAL CO., LTD.; Jiangsu Kolod Food Ingredients Co., Ltd; WeifangHuakang Magnesium Sulphate Co., Ltd.; UMAI CHEMICAL Co. Ltd.; Rech Chemical Co. Ltd; PQ Corporation; Laizhou Guangcheng Chemical Co., Ltd; K+S Group; Giles Chemical; Mani Agro Chem Pvt. Ltd. |
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What are the Growth Driving Factors for the Magnesium Sulphate Market?
“Growing Animal Feed Demand with Rising Livestock Numbers”
The current food economy is expected to be driven by significant changes in food consumption and dietary preferences, especially cattle products. The increasing population in some of the regions is contributing to the rising consumption of meat as well as dairy and milk products. The increasing demand for products has a noteworthy impact on agricultural output. This growing output of livestock is projected to impact the agricultural industry, which produces feed, such as cereals, oilseeds, etc.
Feed demand has generally been viewed as a significant factor, which is estimated to influence the cereal sector’s developments, especially in developed countries. Magnesium sulphate is anticipated to benefit animals by reducing auto-mutilation, cannibalism, sudden cardiac death, transit mortality, and poor meat quality. An increase in the demand for animal feed and livestock is projected to generate requirements for animal feed magnesium sulphate for maintaining animal health that too without having any negative effects.
“Increasing Requirements for Nutraceuticals across the World”
The nutraceutical sector is forecasted to expand at a high rate in terms of marketing, development, and innovation. Rising consumer requirements for natural dietary supplements are projected to offer defense and nourishment against chronic disorders. Magnesium is used as one of the pivotal supplements for human beings. Growing demand for nutraceuticals is contributing to increased sales of magnesium sulphate in the food industry.
What’s Limit Demand Growth for Magnesium Sulphate to Some Extent?
“Volatility in Prices of Material and Dearth of High-grade Magnesium”
Constant fluctuations are encountered in the price of material around the world, which is estimated to adversely impact magnesium sulphate market growth. China is one of the prominent magnesium sulphate manufacturers and any changes in policies are projected to impact the availability and cost of this mineral. In addition, the limited availability of high-grade magnesium is also limiting market growth.
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How are New Companies Expected to Penetrate the Global Market?
“Emphasis on Producing High-grade Magnesium Sulphate”
Limited availability of high-grade magnesium sulphate is somewhere limiting the prospects for market players. So, it is expected that aspiring players invest more in the production of high-grade magnesium sulphate to secure a position for themselves in the market.
Country-wise Insights
East Asia is approximated to hold 24.6% share of global market revenue by 2034, as stated in a study published by Fact.MR. The growing production of magnesium sulphate in some of the regional countries contributes to profit share for market companies with their involvement in the export business as well. In addition, the expansion of some of the prominent end-use industries, such as pharmaceuticals, personal care, etc. is contributing to market growth.
Why are Companies Willing to Invest in the United States?
“Growing Use of Magnesium Sulphate in Several Industries”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 133.4 Million |
| Growth Rate (2024 to 2034) | 3.4% CAGR |
| Projected Value (2034F) | US$ 185.7 Million |
The United States is poised to enjoy a share of 73.5% of the North American market by 2034-end. A preference by some farmers in the country for conventional farming for crop production is driving demand for agriculture-grade magnesium sulphate. Moreover, solid magnesium sulphate salts are also used in laundry detergents as one of the fining agents, which is projected to increase its demand in the United States.
What Makes China Stand Out in East Asian Market?
“Contribution as Prominent Producer of Magnesium Sulphate”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 109.3 Million |
| Growth Rate (2024 to 2034) | 6.4% CAGR |
| Projected Value (2034F) | US$ 203.5 Million |
China is evaluated to account for 57.3% share of the East Asian market by the end of 2034. The country is one of the prominent producers of magnesium sulphate around the world. In addition, as a manufacturing hub of numerous end-use industries, such as personal care, pharmaceuticals, etc. an increased demand for magnesium sulphate is experienced in the country. An expansion of the agriculture sector and rising demand for cosmetics & personal care products are contributing to the expanding magnesium sulphate market size.
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Category-wise Insights
Recently updated study by Fact.MR, a market research and competitive intelligence provider opined that increased demand for magnesium sulphate for food & feed additives is attributed to an increase in the population of some regional areas. This is forecasted to stimulate requirements for feed options.
Why is Monohydrate (Kieserite) Set to Exhibit Steady Demand Growth?
“Purity, Efficiency, and Improved Precision of Monohydrate (Kieserite)”
| Attribute | Monohydrate (Kieserite) |
|---|---|
| Segment Value (2024E) | US$ 420.4 Million |
| Growth Rate (2024 to 2034) | 5.3% CAGR |
| Projected Value (2034F) | US$ 706.1 Million |
Monohydrate (kieserite) is calculated to contribute 48.9% of the magnesium sulphate market share by the end of 2034. Purity, efficiency, and ability to provide a precise composition and accurate pH value are contributing to increased consumption of monohydrate magnesium sulphate in preparing medical solutions and for various other industrial applications.
Which Application of Magnesium Sulphate Accounts for Higher Sales?
“Growing Use of Magnesium Sulphate in Food & Feed Additives”
| Attribute | Food & Feed Additives |
|---|---|
| Segment Value (2024E) | US$ 186.1 Million |
| Growth Rate (2024 to 2034) | 5.3% CAGR |
| Projected Value (2034F) | US$ 313.3 Million |
Food & feed additives are projected to hold 21.7% share of the global market by 2034-end. Changes in dietary trends and food consumption patterns are positively driving the world food economy. The increased population in certain regions is contributing to the growing consumption of meat, milk, and dairy products.
Therefore, it leads to the rising production of livestock, which is impacting the agriculture sector, which supplies feed, including oilseeds, cereals, etc... Magnesium sulphate chemical assists in avoiding auto-mutation, sudden cardiac death, transportation mortality, poor meat quality, and cannibalism. Thus, increasing requirements for animal feed and livestock is leading to magnesium sulphate sales.
Competitive Landscape
Market companies are constantly involved in the development of more efficient products against increasing demand for magnesium sulphate. They are investing significantly in new product development to match the requirements of respective end-use industries, such as agrichemicals, etc. In addition, managing supply chain systems, offering quality products, approvals, mergers, collaborations, etc. are some other strategies adopted by market players to strengthen their position.
For instance :
- Generic magnesium sulphate injection of Milla Pharmaceutical got FDA approval in November 2021.
Key players in the magnesium sulphate market include Mag Products India Private Limited (MPIPL), Baoding, K+S Group, ZIBO JINXING CHEMICAL CO., LTD., Jiangsu Kolod Food Ingredients Co., Ltd., WeifangHuakang Magnesium Sulphate Co., Ltd., UMAI CHEMICAL Co. Ltd., Rech Chemical Co. Ltd., Laizhou Guangcheng Chemical Co., Ltd., PQ Corporation, Giles Chemical, and Mani Agro Chem Pvt. Ltd.
Segmentation of Magnesium Sulphate Market Research
-
By Product Type :
- Heptahydrate (Epsomite)
- Anhydrous (Calcined Kieserite)
- Monohydrate (Kieserite)
-
By Application :
- Agriculture Additives
- Food & Feed Additives
- Pharmaceutical Additives
- Chemical Intermediaries
- Pulp & Paper Additives
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Kilo Tons) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Product Type
- 7.1. Heptahydrate (Epsomite)
- 7.2. Anhydrous (Calcined Kieserite)
- 7.3. Monohydrate (Kieserite)
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Agriculture Additive
- 8.2. Food & Feed Additives
- 8.3. Pharmaceuticals Additives
- 8.4. Chemical Intermediaries
- 8.5. Pulp & Paper Additives
- 8.6. Others Applications
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Giles Chemical
- 18.2. Jiangsu Kolod Food Ingredients Co., Ltd
- 18.3. K+S Group
- 18.4. Laizhou City Laiyu Chemical Co. Ltd
- 18.5. Laizhou Guangcheng Chemical Co., Ltd
- 18.6. Mani Agro Chem Pvt. Ltd.
- 18.7. PQ Corporation
- 18.8. Rech Chemical Co.,Ltd
- 18.9. UMAI CHEMICAL Co. Ltd.
- 18.10. Weifang Huakang Co., Ltd.
- 18.11. ZIBO JINXING CHEMICAL CO., LTD.
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ million) and Forecast by Region, 2018 to 2023
Table 02: Global Market Value (US$ million) and Forecast by Region, 2024 to 2034
Table 03: Global Market Volume (Kilo Tons) and Forecast by Region, 2018 to 2023
Table 04: Global Market Volume (Kilo Tons) and Forecast by Region, 2024 to 2034
Table 05: Global Market Value (US$ million) and Forecast By Product Type, 2018 to 2023
Table 06: Global Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 07: Global Market Volume (Kilo Tons) and Forecast By Product Type, 2018 to 2023
Table 08: Global Market Volume (Kilo Tons) and Forecast By Product Type, 2024 to 2034
Table 09: Global Market Value (US$ million) and Forecast By Application, 2018 to 2023
Table 10: Global Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 11: Global Market Volume (Kilo Tons) and Forecast By Application, 2018 to 2023
Table 12: Global Market Volume (Kilo Tons) and Forecast By Application, 2024 to 2034
Table 13: North America Market Value (US$ million) and Forecast by Country, 2018 to 2023
Table 14: North America Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 15: North America Market Volume (Kilo Tons) and Forecast by Country, 2018 to 2023
Table 16: North America Market Volume (Kilo Tons) and Forecast by Country, 2024 to 2034
Table 17: North America Market Value (US$ million) and Forecast By Product Type, 2018 to 2023
Table 18: North America Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 19: North America Market Volume (Kilo Tons) and Forecast By Product Type, 2018 to 2023
Table 20: North America Market Volume (Kilo Tons) and Forecast By Product Type, 2024 to 2034
Table 21: North America Market Value (US$ million) and Forecast By Application, 2018 to 2023
Table 22: North America Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 23: North America Market Volume (Kilo Tons) and Forecast By Application, 2018 to 2023
Table 24: North America Market Volume (Kilo Tons) and Forecast By Application, 2024 to 2034
Table 25: Latin America Market Value (US$ million) and Forecast by Country, 2018 to 2023
Table 26: Latin America Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 27: Latin America Market Volume (Kilo Tons) and Forecast by Country, 2018 to 2023
Table 28: Latin America Market Volume (Kilo Tons) and Forecast by Country, 2024 to 2034
Table 29: Latin America Market Value (US$ million) and Forecast By Product Type, 2018 to 2023
Table 30: Latin America Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 31: Latin America Market Volume (Kilo Tons) and Forecast By Product Type, 2018 to 2023
Table 32: Latin America Market Volume (Kilo Tons) and Forecast By Product Type, 2024 to 2034
Table 33: Latin America Market Value (US$ million) and Forecast By Application, 2018 to 2023
Table 34: Latin America Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 35: Latin America Market Volume (Kilo Tons) and Forecast By Application, 2018 to 2023
Table 36: Latin America Market Volume (Kilo Tons) and Forecast By Application, 2024 to 2034
Table 37: Europe Market Value (US$ million) and Forecast by Country, 2018 to 2023
Table 38: Europe Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 39: Europe Market Volume (Kilo Tons) and Forecast by Country, 2018 to 2023
Table 40: Europe Market Volume (Kilo Tons) and Forecast by Country, 2024 to 2034
Table 41: Europe Market Value (US$ million) and Forecast By Product Type, 2018 to 2023
Table 42: Europe Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 43: Europe Market Volume (Kilo Tons) and Forecast By Product Type, 2018 to 2023
Table 44: Europe Market Volume (Kilo Tons) and Forecast By Product Type, 2024 to 2034
Table 45: Europe Market Value (US$ million) and Forecast By Application, 2018 to 2023
Table 46: Europe Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 47: Europe Market Volume (Kilo Tons) and Forecast By Application, 2018 to 2023
Table 48: Europe Market Volume (Kilo Tons) and Forecast By Application, 2024 to 2034
Table 49: East Asia Market Value (US$ million) and Forecast by Country, 2018 to 2023
Table 50: East Asia Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 51: East Asia Market Volume (Kilo Tons) and Forecast by Country, 2018 to 2023
Table 52: East Asia Market Volume (Kilo Tons) and Forecast by Country, 2024 to 2034
Table 53: East Asia Market Value (US$ million) and Forecast By Product Type, 2018 to 2023
Table 54: East Asia Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 55: East Asia Market Volume (Kilo Tons) and Forecast By Product Type, 2018 to 2023
Table 56: East Asia Market Volume (Kilo Tons) and Forecast By Product Type, 2024 to 2034
Table 57: East Asia Market Value (US$ million) and Forecast By Application, 2018 to 2023
Table 58: East Asia Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 59: East Asia Market Volume (Kilo Tons) and Forecast By Application, 2018 to 2023
Table 60: East Asia Market Volume (Kilo Tons) and Forecast By Application, 2024 to 2034
Table 61: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2018 to 2023
Table 62: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 63: South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Country, 2018 to 2023
Table 64: South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Country, 2024 to 2034
Table 65: South Asia & Oceania Market Value (US$ million) and Forecast By Product Type, 2018 to 2023
Table 66: South Asia & Oceania Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 67: South Asia & Oceania Market Volume (Kilo Tons) and Forecast By Product Type, 2018 to 2023
Table 68: South Asia & Oceania Market Volume (Kilo Tons) and Forecast By Product Type, 2024 to 2034
Table 69: South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2018 to 2023
Table 70: South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 71: South Asia & Oceania Market Volume (Kilo Tons) and Forecast By Application, 2018 to 2023
Table 72: South Asia & Oceania Market Volume (Kilo Tons) and Forecast By Application, 2024 to 2034
Table 73: MEA Market Value (US$ million) and Forecast by Country, 2018 to 2023
Table 74: MEA Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 75: MEA Market Volume (Kilo Tons) and Forecast by Country, 2018 to 2023
Table 76: MEA Market Volume (Kilo Tons) and Forecast by Country, 2024 to 2034
Table 77: MEA Market Value (US$ million) and Forecast By Product Type, 2018 to 2023
Table 78: MEA Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 79: MEA Market Volume (Kilo Tons) and Forecast By Product Type, 2018 to 2023
Table 80: MEA Market Volume (Kilo Tons) and Forecast By Product Type, 2024 to 2034
Table 81: MEA Market Value (US$ million) and Forecast By Application, 2018 to 2023
Table 82: MEA Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 83: MEA Market Volume (Kilo Tons) and Forecast By Application, 2018 to 2023
Table 84: MEA Market Volume (Kilo Tons) and Forecast By Application, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2024 to 2034
Figure 02: Global Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 03: Global Market Value (US$ million) and Volume (Kilo Tons) by Region, 2024 & 2034
Figure 04: Global Market Y-o-Y Growth Rate by Region, 2024 to 2034
Figure 05: Global Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 07: Global Market Value (US$ million) and Volume (Kilo Tons) By Application, 2024 & 2034
Figure 08: Global Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 09: North America Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2024 to 2034
Figure 10: North America Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 11: North America Market Value (US$ million) and Volume (Kilo Tons) by Country, 2024 & 2034
Figure 12: North America Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 13: North America Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2024 & 2034
Figure 14: North America Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 15: North America Market Value (US$ million) and Volume (Kilo Tons) By Application, 2024 & 2034
Figure 16: North America Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 17: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 18: North America Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 19: North America Market Attractiveness Analysis By Application, 2024 to 2034
Figure 20: Latin America Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2024 to 2034
Figure 21: Latin America Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 22: Latin America Market Value (US$ million) and Volume (Kilo Tons) by Country, 2024 & 2034
Figure 23: Latin America Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 24: Latin America Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2024 & 2034
Figure 25: Latin America Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 26: Latin America Market Value (US$ million) and Volume (Kilo Tons) By Application, 2024 & 2034
Figure 27: Latin America Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 28: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 29: Latin America Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 30: Latin America Market Attractiveness Analysis By Application, 2024 to 2034
Figure 31: Europe Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2024 to 2034
Figure 32: Europe Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 33: Europe Market Value (US$ million) and Volume (Kilo Tons) by Country, 2024 & 2034
Figure 34: Europe Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 35: Europe Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2024 & 2034
Figure 36: Europe Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 37: Europe Market Value (US$ million) and Volume (Kilo Tons) By Application, 2024 & 2034
Figure 38: Europe Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 39: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Europe Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 41: Europe Market Attractiveness Analysis By Application, 2024 to 2034
Figure 42: East Asia Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2024 to 2034
Figure 43: East Asia Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 44: East Asia Market Value (US$ million) and Volume (Kilo Tons) by Country, 2024 & 2034
Figure 45: East Asia Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 46: East Asia Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2024 & 2034
Figure 47: East Asia Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 48: East Asia Market Value (US$ million) and Volume (Kilo Tons) By Application, 2024 & 2034
Figure 49: East Asia Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 50: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 51: East Asia Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 52: East Asia Market Attractiveness Analysis By Application, 2024 to 2034
Figure 53: South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2024 to 2034
Figure 54: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 55: South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) by Country, 2024 & 2034
Figure 56: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 57: South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2024 & 2034
Figure 58: South Asia & Oceania Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 59: South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) By Application, 2024 & 2034
Figure 60: South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 61: South Asia & Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 62: South Asia & Oceania Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 63: South Asia & Oceania Market Attractiveness Analysis By Application, 2024 to 2034
Figure 64: MEA Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2024 to 2034
Figure 65: MEA Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 66: MEA Market Value (US$ million) and Volume (Kilo Tons) by Country, 2024 & 2034
Figure 67: MEA Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 68: MEA Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2024 & 2034
Figure 69: MEA Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 70: MEA Market Value (US$ million) and Volume (Kilo Tons) By Application, 2024 & 2034
Figure 71: MEA Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 72: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: MEA Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 74: MEA Market Attractiveness Analysis By Application, 2024 to 2034
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Competitive landscape highlights only certain players
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- FAQs -
How big is the size of the magnesium sulphate market in 2024?
The global magnesium sulphate market is poised to reach US$ 861.6 million in 2024.
What is the demand outlook for magnesium sulphate for 2034?
Global sales of magnesium sulphate are approximated to reach US$ 1.44 billion by 2034.
What is the projected growth rate for the global market?
The global market is projected to advance at 5.3% CAGR from 2024 to 2034.
What is the contribution of North America to global market revenue?
North America is expected to account for 17.5% share of global market revenue by 2034.
What is the sales projection for magnesium sulphate in South Korea?
Demand for magnesium sulphate in South Korea is projected to increase at a CAGR of 8.1% through 2034.
How much share of the global market is estimated to be held by food & feed additives?
Food & feed additives are expected to hold 21.7% share of the global market by 2034-end.
Magnesium Sulphate Market