Magnesium Derivatives Market Size - Forecasts to 2026
According to a new market research report published by Global Market Estimates, the Global Magnesium Derivatives Market is expected to grow at a CAGR of 5.25% during the forecast period, to reach USD 54.44Billion by 2026. The demand for magnesium derivatives is projectedto be high due to the growing pharmaceutical industry across the globe.
Browse 147 Market Data Tables and 112 Figures spread through 201 Pages and in-depth TOC on " Magnesium Derivatives Market- Forecast to 2026"
By Type (Hydromagnesite, Dypingite), By Product (Magnesium Oxide, Magnesium Chloride, Magnesium Hydroxide, Magnesium Carbonate, Magnesium Sulfate, Magnesium Hydrotalcite), By Application (Industrial, Medicines, Pharmaceutical, Water &Wastewarer Treatment, Agriculture, Building Construction, Animal feed, Nutritional Supplements, Deicing&Dust Suppression, Sorel Cement, Nutritional Supplements, Chemical Synthesis), By Region (North America, Europe, Asia Pacific and Rest of the World), Vendor Landscape, End-User Landscape, and Company Market Share Analysis &Competitor Analysis
Key Market Insights
· Magnesium derivates are classified into magnesium oxide, chloride, sulfate,and carbonate among others
· High demand from the pharmaceutical industry is expected to lead to high market growth during the forecast period.
· Magnesium oxide is expected to hold the largest market share during the forecast period.
· North America is expected to dominate the market share during the forecast period.
· Key players operating in the market include KTT Corporation, Laizhou City Laiyu Chemical Co, Ltd,Snam Alloys Pvt ltd, MaccoOrganiques S.R.O, All Metal Sales, Inc, and Belmont Metals among others
Type Outlook (Revenue, USD Million, 2020-2026)
Product Outlook (Revenue, USD Million, 2020-2026)
· Magnesium Oxide
· Magnesium Chloride
· Magnesium Hydroxide
· Magnesium Carbonate
· Magnesium Sulfate
· Magnesium Hydrotalcite
Application Outlook (Revenue, USD Million, 2020-2026)
· Industrial, Medicines
· Water &Wastewarer Treatment
· Building Construction
· Animal feed
· Nutritional Supplements
· Deicing&Dust Suppression
· Sorel Cement
· Nutritional Supplements
· Chemical Synthesis
Regional Outlook (Revenue, USD Million, 2020-2026)
- Rest of Europe
- South Korea
Middle East and Africa
· Saudi Arabia
Central and South America
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