Magnesium Hydroxide Market

Magnesium Hydroxide Market Study by Liquid and Powder for Wastewater Treatment, Pharmaceuticals, Flame Retardants, Chemicals & Others, Fuel Additives, Food & Feed, and Abrasives from 2024 to 2034

Analysis of Magnesium Hydroxide Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Magnesium Hydroxide Market Outlook (2024 to 2034)

The global magnesium hydroxide market size is analyzed to reach US$ 813.2 million in 2024, as per a recently updated industry report published by Fact.MR. Worldwide sales of magnesium hydroxide are projected to climb at 5.3% CAGR and reach US$ 1.36 billion by the end of 2034.

Increasing use of magnesium hydroxide to regulate pH levels and promote aquatic organism growth in coral reef systems will generate remunerative opportunities for respective business. Odor-neutralizing qualities of magnesium hydroxide lead to its growing consumption in preventing offensive aromas in wastewater treatment facilities and sewage systems.

With the expanding mining sector across regions and more initiatives to minimize its environmental impacts, an increase in the demand for magnesium hydroxide will be witnessed over the next 10 years. In plastics and polymers, magnesium hydroxide works as a flame retardant and smoke suppressant. An increase in the demand for magnesium hydroxide will be encountered from the plastics industry as a fire safety solution on the back of a growing preference for fire-resistant and secure goods.

In recent years, there has been a noticeable increase in the demand for high-quality pharmaceutical-grade magnesium hydroxide. Implementation of stringent quality standards along with a focus on safety and purity is driving demand for magnesium hydroxide. More manufacturers are offering premium and reliable raw materials, magnesium hydroxide, for use in medicinal products.

  • North America is analyzed to account for 24.8% of the global magnesium hydroxide market share by the end of 2034.
  • Sales of magnesium hydroxide in Japan are projected to rise at a CAGR of 4.1% from 2024 to 2034.
  • Worldwide demand for pharmaceutical-grade magnesium hydroxide is forecasted to increase at 5% CAGR and reach US$ 693.7 billion by 2034-end.
Report Attribute Detail
Magnesium Hydroxide Market Size (2024E) US$ 813.2 Million
Forecasted Market Value (2034F) US$ 1.36 Billion
Global Market Growth Rate (2024 to 2034) 5.3% CAGR
South Korea Market Growth Rate (2024 to 2034) 6.7% CAGR
Market Share of Fuel Additives (2034F) 19.5%
East Asia Market Share (2034F) 27.6%
Key Companies Profiled Huber Engineered Materials; Anish Chemicals; Israel Chemical Company; Kisuma; Nedmag B.V.; Premier Magnesia LLC.; Konoshima Chemical Co. Ltd.; Xinyang Minerals Group; Ube Materials Industry; Niknam Chemicals Private Limited; Kyowa Chemical Industry Ltd.

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What is Contributing to Expanding Magnesium Hydroxide Market Size?

“Increasing Institutional Client Base for Suppliers of Magnesium Hydroxide”

The pharmaceutical industry is anticipated to contribute significantly to the rising consumption of magnesium hydroxide in developed as well as potentially high-growth markets. This compound is projected to remain specific concerning the noteworthy changes and requirements from one to another by-product, therefore contributing to the higher sales of magnesium hydroxide.

Various institutional consumers give preference to products with high-end quality. They are keen to know about the location of the product manufactured. In addition, they are also becoming aware of the ethical sourcing of magnesium hydroxide. Further, safety foods manufacturers understand their institutional requirements and therefore develop agile supply chains for implementation across potentially high-growth markets.

Some of the leading market players are coming up with innovative production procedures and technology to increase effectiveness and cost-efficiency. Increasing production capacity is forecasted to help market players cater to the growing requirements for magnesium hydroxide across multiple application areas going forward.

What is Hampering Demand Growth for Magnesium Hydroxide in Some Regions?

“Easy Availability of Alternative Options”

Magnesium hydroxide possesses various benefits, including environment-friendly, non-toxic, etc. However, there are various other products, which can be utilized for multiple purposes. Magnesium hydroxide is expected to face competition from available substitute options in medical and flame retardant uses. Aluminum hydroxide, calcium hydroxide, etc., are used as substitutes for magnesium hydroxide.

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Which Strategies are being Formulated by Startups as Profitable Ventures?

“Investing in Technological Advancements Utilized in Magnesium Hydroxide Production”

Startups are investing in the production and storage of magnesium hydroxide to establish themselves in the competitive market. They are constantly investing to bring improvements in manufacturing equipment and procedures. Producing more affordable, more efficient, and high-quality magnesium hydroxide products is estimated to appeal to a larger consumer base.

Country-wise Insights

East Asia is projected to capture 27.6% share of the global market by the end of 2034, as opined in the recently updated study published by Fact.MR, a market research and competitive intelligence provider. Expansion of the pharmaceutical sector in the region is projected to positively influence magnesium hydroxide market trends. Furthermore, the involvement of various market players in technological advancements for magnesium hydroxide production techniques is also expected to create remunerative opportunities over the coming years.

How are Magnesium Hydroxide Companies Faring in the United States?

“Introducing Novel Products Containing Magnesium Hydroxide with Emphasis on Sustainability to Minimize Emissions”

Attribute United States
Market Value (2024E) US$ 148.1 Million
Growth Rate (2024 to 2034) 5.3% CAGR
Projected Value (2034F) US$ 248.4 Million

The United States is approximated to hold 73.5% share of the North American market by the end of 2034. Various manufacturers of magnesium hydroxide in the country are coming up with innovative methods for engaging end users. They are reimagining and recreating themselves in some new ways, such as a growing focus of chemical firms on sustainability, etc.

Several companies in the United States are investing significantly in green technology and similar initiatives to minimize emissions. They are using carbon offsetting to assist in the fight against climate change by reducing emissions caused due to their industrial operation. Some leading market players are accelerating the adoption of novel value paradigms with hydroxide brands, which is further contributing to the magnesium hydroxide market growth.

What is Drawing Manufacturers of Magnesium Hydroxide to China?

“Surging Requirements for Water Treatment Solutions”

Attribute China
Market Value (2024E) US$ 131.4 Million
Growth Rate (2024 to 2034) 5.1% CAGR
Projected Value (2034F) US$ 215.5 Million

China is evaluated to account for a share of 57.3% of the East Asian market by 2034-end. With growing awareness about escalating water scarcity and water pollution issues, an increased requirement for wastewater treatment is witnessed in the country. The government in China is taking multiple initiatives for wastewater treatment, including the construction of new facilities for water treatment to increase capacity, etc. These newly established facilities are estimated to generate demand for magnesium hydroxide as one of the prominent components utilized in wastewater treatment.

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Category-wise Insights

This recently updated report by Fact.MR says that an increase in the demand for magnesium hydroxide is witnessed for fuel additives due to its high purity. A growing preference for refined magnesium hydroxide form is anticipated to widen opportunities for market players going forward.

Which Magnesium Hydroxide Grade is Becoming More Popular Globally?

“Rising Consumption of Pharmaceutical-grade Magnesium Hydroxide”

Attribute Pharmaceutical
Segment Value (2024E) US$ 425.3 Million
Growth Rate (2024 to 2034) 5% CAGR
Projected Value (2034F) US$ 693.7 Million

Pharmaceutical-grade magnesium hydroxide is calculated to occupy a share of 50.9% of the global market by the end of 2034. This grade of magnesium hydroxide is manufactured under stringent quality standards, which ensures safety and purity for medical and pharmaceutical applications.

Why is Magnesium Hydroxide Grabbing the Attention for Fuel Additive producers?

“Growing Consumption of Magnesium Hydroxide in Fuel Additives for its High Purity”

Attribute Fuel Additives
Segment Value (2024E) US$ 153.7 Million
Growth Rate (2024 to 2034) 5.6% CAGR
Projected Value (2034F) US$ 265.8 Million

Fuel additives are analyzed to possess 19.5% share of global market revenue by 2034-end. The purity and refining of magnesium hydroxide play a significant role in multiple Mg(OH)2 applications. Magnesium hydroxide in liquid form is consumed extensively owing to its high purity, which is leading to its increased consumption in fuel additives. A refined magnesium hydroxide form is required for these additives.

Competitive Landscape

Key players in the magnesium hydroxide market are focusing on global leadership while offering innovative magnesium hydroxide solutions. They are leveraging their R&D capabilities to extend their product pipelines and promote value-based solution positioning and commercial excellence. New product development, offering quality products, and management of supply chain systems are some of the strategies incorporated by various market players to get a competitive edge.

Fact.MR provides detailed information about the price points of key manufacturers of magnesium hydroxide positioned across the world, sales growth, production capacity, and speculative technological expansion, in the recently updated market report.

Segmentation of Magnesium Hydroxide Market Research

  • By Form :

    • Liquid
    • Powder
  • By Grade :

    • Industrial
    • Food
    • Pharmaceutical
  • By Application :

    • Wastewater Treatment
    • Pharmaceuticals
    • Flame Retardants
    • Chemicals & Others
    • Fuel Additives
    • Food & Feed
    • Abrasives
  • By Region :

    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • East Asia
    • South Asia & Pacific
    • MEA

Table of Content

  • 1. Executive Summary
  • 2. Industry Introduction, including Taxonomy and Market Definition
  • 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
  • 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
  • 5. Pricing Analysis
  • 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
    • 6.1. Form
    • 6.2. Grade
    • 6.3. Application
  • 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Form
    • 7.1. Liquid
    • 7.2. Powder
  • 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Grade
    • 8.1. Industrial
    • 8.2. Food
    • 8.3. Pharmaceutical
  • 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
    • 9.1. Wastewater Treatment
    • 9.2. Pharmaceuticals
    • 9.3. Flame Retardants
    • 9.4. Chemicals & Others
    • 9.5. Fuel Additives
    • 9.6. Food & Feed
    • 9.7. Abrasives
  • 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
    • 10.1. North America
    • 10.2. Latin America
    • 10.3. Western Europe
    • 10.4. Eastern Europe
    • 10.5. East Asia
    • 10.6. South Asia & Pacific
    • 10.7. Middle East & Africa
  • 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 18. Sales Forecast 2024 to 2034 by Form, Grade, Application, and Region for 30 Countries
  • 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
  • 20. Company Profile
    • 20.1. Huber Engineered Materials
    • 20.2. Anish Chemicals
    • 20.3. Israel Chemical Company
    • 20.4. Kisuma
    • 20.5. Nedmag B.V.
    • 20.6. Premier Magnesia LLC.
    • 20.7. Konoshima Chemical Co. Ltd.
    • 20.8. Xinyang Minerals Group
    • 20.9. Ube Materials Industry
    • 20.10. Niknam Chemicals Private Limited
    • 20.11. Kyowa Chemical Industry Ltd
  • 21. Assumptions and Acronyms Used
  • 22. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 02: Global Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 04: Global Market Value (US$ Mn) Analysis, by Grade, 2019 to 2023

Table 05: Global Market Value (US$ Mn) Analysis, by Grade, 2024 to 2034

Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034

Table 07: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 08: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023

Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034

Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034

Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 16: North America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 17: North America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 19: North America Market Value (US$ Mn) Analysis, by Grade, 2019 to 2023

Table 20: North America Market Value (US$ Mn) Analysis, by Grade, 2024 to 2034

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034

Table 22: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 23: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 28: Latin America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 29: Latin America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 31: Latin America Market Value (US$ Mn) Analysis, by Grade, 2019 to 2023

Table 32: Latin America Market Value (US$ Mn) Analysis, by Grade, 2024 to 2034

Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034

Table 34: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 35: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 40: Western Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 41: Western Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 43: Western Europe Market Value (US$ Mn) Analysis, by Grade, 2019 to 2023

Table 44: Western Europe Market Value (US$ Mn) Analysis, by Grade, 2024 to 2034

Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034

Table 46: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 47: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Grade, 2019 to 2023

Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Grade, 2024 to 2034

Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034

Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 64: East Asia Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 65: East Asia Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 67: East Asia Market Value (US$ Mn) Analysis, by Grade, 2019 to 2023

Table 68: East Asia Market Value (US$ Mn) Analysis, by Grade, 2024 to 2034

Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034

Table 70: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 71: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Grade, 2019 to 2023

Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Grade, 2024 to 2034

Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034

Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 88: MEA Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 89: MEA Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 91: MEA Market Value (US$ Mn) Analysis, by Grade, 2019 to 2023

Table 92: MEA Market Value (US$ Mn) Analysis, by Grade, 2024 to 2034

Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034

Table 94: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 95: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

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List Of Figures

Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034

Figure 05: Global Market Share and BPS Analysis by Form, 2024 & 2034

Figure 06: Global Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 07: Global Market Attractiveness Analysis by Form, 2024 to 2034

Figure 08: Global Market Share and BPS Analysis by Grade, 2024 & 2034

Figure 09: Global Market Y-o-Y Growth Projections by Grade, 2024 to 2034

Figure 10: Global Market Attractiveness Analysis by Grade, 2024 to 2034

Figure 11: Global Market Share and BPS Analysis by Application, 2024 & 2034

Figure 12: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 13: Global Market Attractiveness Analysis by Application, 2024 to 2034

Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034

Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034

Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034

Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034

Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034

Figure 21: North America Market Share Analysis by Country, 2024 & 2034

Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 24: North America Market Share and BPS Analysis by Form, 2024 & 2034

Figure 25: North America Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 26: North America Market Attractiveness Analysis by Form, 2024 to 2034

Figure 27: North America Market Share and BPS Analysis by Grade, 2024 & 2034

Figure 28: North America Market Y-o-Y Growth Projections by Grade, 2024 to 2034

Figure 29: North America Market Attractiveness Analysis by Grade, 2024 to 2034

Figure 30: North America Market Share and BPS Analysis by Application, 2024 & 2034

Figure 31: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 32: North America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034

Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034

Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 40: Latin America Market Share and BPS Analysis by Form, 2024 & 2034

Figure 41: Latin America Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 42: Latin America Market Attractiveness Analysis by Form, 2024 to 2034

Figure 43: Latin America Market Share and BPS Analysis by Grade, 2024 & 2034

Figure 44: Latin America Market Y-o-Y Growth Projections by Grade, 2024 to 2034

Figure 45: Latin America Market Attractiveness Analysis by Grade, 2024 to 2034

Figure 46: Latin America Market Share and BPS Analysis by Application, 2024 & 2034

Figure 47: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 48: Latin America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034

Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 56: Western Europe Market Share and BPS Analysis by Form, 2024 & 2034

Figure 57: Western Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 58: Western Europe Market Attractiveness Analysis by Form, 2024 to 2034

Figure 59: Western Europe Market Share and BPS Analysis by Grade, 2024 & 2034

Figure 60: Western Europe Market Y-o-Y Growth Projections by Grade, 2024 to 2034

Figure 61: Western Europe Market Attractiveness Analysis by Grade, 2024 to 2034

Figure 62: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034

Figure 63: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 64: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034

Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034

Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 73: Eastern Europe Market Share and BPS Analysis by Form, 2024 & 2034

Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 75: Eastern Europe Market Attractiveness Analysis by Form, 2024 to 2034

Figure 76: Eastern Europe Market Share and BPS Analysis by Grade, 2024 & 2034

Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Grade, 2024 to 2034

Figure 78: Eastern Europe Market Attractiveness Analysis by Grade, 2024 to 2034

Figure 79: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034

Figure 80: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 81: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034

Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034

Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034

Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 89: East Asia Market Share and BPS Analysis by Form, 2024 & 2034

Figure 90: East Asia Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 91: East Asia Market Attractiveness Analysis by Form, 2024 to 2034

Figure 92: East Asia Market Share and BPS Analysis by Grade, 2024 & 2034

Figure 93: East Asia Market Y-o-Y Growth Projections by Grade, 2024 to 2034

Figure 94: East Asia Market Attractiveness Analysis by Grade, 2024 to 2034

Figure 95: East Asia Market Share and BPS Analysis by Application, 2024 & 2034

Figure 96: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 97: East Asia Market Attractiveness Analysis by Application, 2024 to 2034

Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034

Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034

Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034

Figure 105: South Asia & Pacific Market Share and BPS Analysis by Form, 2024 & 2034

Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 107: South Asia & Pacific Market Attractiveness Analysis by Form, 2024 to 2034

Figure 108: South Asia & Pacific Market Share and BPS Analysis by Grade, 2024 & 2034

Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Grade, 2024 to 2034

Figure 110: South Asia & Pacific Market Attractiveness Analysis by Grade, 2024 to 2034

Figure 111: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034

Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 113: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034

Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034

Figure 118: MEA Market Share Analysis by Country, 2024 & 2034

Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034

Figure 121: MEA Market Share and BPS Analysis by Form, 2024 & 2034

Figure 122: MEA Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 123: MEA Market Attractiveness Analysis by Form, 2024 to 2034

Figure 124: MEA Market Share and BPS Analysis by Grade, 2024 & 2034

Figure 125: MEA Market Y-o-Y Growth Projections by Grade, 2024 to 2034

Figure 126: MEA Market Attractiveness Analysis by Grade, 2024 to 2034

Figure 127: MEA Market Share and BPS Analysis by Application, 2024 & 2034

Figure 128: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 129: MEA Market Attractiveness Analysis by Application, 2024 to 2034

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- FAQs -

How big is the magnesium hydroxide market in 2024?

The global magnesium hydroxide market is valued at US$ 813.2 million in 2024.

What are the sales projections for magnesium hydroxide for 2034?

Global sales of magnesium hydroxide are evaluated to reach US$ 1.36 billion by the end of 2034.

At what rate is the demand for magnesium hydroxide projected to increase from 2024 to 2034?

The global market is projected to expand at a CAGR of 5.3% from 2024 to 2034.

How much share of the global market is East Asia expected to account for?

East Asia is analyzed to capture a share of 27.6% of global market revenue by 2034.

What is the approximate CAGR for magnesium hydroxide sales in South Korea?

The market in South Korea is calculated to increase at 6.7% CAGR from 2024 to 2034.

What is the contribution of pharmaceutical-grade magnesium hydroxide to global market revenue?

Pharmaceutical-grade magnesium hydroxide is approximated to occupy 50.9% share of the global market by 2034-end.

Who are the key manufacturers of magnesium hydroxide?

Anish Chemicals, Israel Chemical Company, Kisuma, Nedmag B.V., and Premier Magnesia LLC are some of the leading suppliers of magnesium hydroxide.

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