DUBLIN--(BUSINESS WIRE)--The "Magnesium Hydroxide Market By Form, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The global magnesium hydroxide market was valued at $0.6 billion in 2021, and is projected to reach $1.1 billion by 2031, registering a CAGR of 5.7% from 2022 to 2031.
Magnesium hydroxide is a short-term treatment for constipation in children and adults. Magnesium hydroxide is offered as a chewable tablet, tablet, and oral solution (liquid). Magnesium hydroxide is also used in conjunction with other drugs as an antacid to treat heartburn, acid reflux, and upset stomach. It improves the mechanical, fabrication, and welding characteristics of aluminum when used as an alloying agent.
For the purpose of analysis, the magnesium hydroxide market scope covers segment based on type, application, and region. The forms of magnesium hydroxide including, slurry, powder, and others are analyzed in the report. The use of magnesium hydroxide in various applications, including wastewater treatment, flue-gas desulphurisation, flame retardant, pharmaceutical, food additive, and others are analyzed in the report.
Moreover, it analyzes the current market trends of magnesium hydroxide across different regions, such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter's five forces analysis to understand the competitive scenario of the industry and role of each stakeholder.
Value chain analysis for this industry, which includes R&D, components manufacturers, assembly, programming & testing, marketing & sales, customers, and post-sales services, is explained. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry.
Key Benefits
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the magnesium hydroxide market analysis from 2021 to 2031 to identify the prevailing magnesium hydroxide market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the magnesium hydroxide market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global magnesium hydroxide market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Form
- Slurry
- Powder
- Others
By Application
- Wastewater Treatment
- Flue-Gas Desulphurisation
- Flame Retardant
- Pharmaceutical
- Food Additive
- Others
By Region
- North America
- U.S.
- Cana
- Mexico
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest Of Europe
- Asia-Pacific
- India
- South Korea
- China
- Japan
- Australia
- Rest Of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest Of LAMEA
Key Market Players
- Albemarle Corporation
- Elementis
- Huber Engineered Materials
- kisuma chemicals b.v.
- Konoshima Chemical Co.Ltd
- Kyuwa Chemicals
- Loba Chemie Pvt ltd
- Martin Marietta Materials Ltd
- Nedmag B.V
- Osian Marine Pvt.Ltd
- Premier Magnesia LLC
- Tateho Chemical Industries Co Ltd
- timab magnesium
- Ube Material Industries Ltd
- Xinyang Mineral Group
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