Dublin, May 30, 2019 (GLOBE NEWSWIRE) -- The "Magnesium Hydroxide Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The global magnesium hydroxide market is expected to reach an estimated $779.2 million by 2023 with a CAGR of 4.1% from 2018 to 2023.
The future of the magnesium hydroxide market looks promising with opportunities in the industrial, municipal, and pharmaceutical industries. The major drivers for this market are increasing awareness towards environment friendly flame retardant additives and growing consumption of magnesium hydroxide in the wastewater treatment, flue gas desulphurization, and pharmaceutical industries.
An emerging trend that has a direct impact on the dynamics of the magnesium hydroxide industry is increasing demand for an ultrafine grade of magnesium hydroxide.
The report forecasts that environmental protection will remain the largest application due to growth in wastewater treatment and flue gas desulphurization activities in various industries. The analyst predicts that pharmaceutical ingredients will witness the fastest growth during the forecast period due to the increasing demand of medicines and drugs for the treatment of indigestion, heartburn, and sour stomach.
Within the magnesium hydroxide market, the industrial end use is expected to remain the largest segment due to the increasing demand for wastewater treatment by various industries and growing consumption of non-halogenated flame retardant in the electric and electronic products for fire safety.
Asia Pacific is expected to remain the largest market by value and volume and witness the highest growth over the forecast period due to the growing consumption of magnesium hydroxide in environmental protection and pharmaceutical industries.
Some of the magnesium hydroxide companies profiled in this report include Israel Chemical, Martin Marietta Materials, Huber Engineered Materials, Kyowa Chemical, Konoshima Chemical, Nedmag, Ube Material industries, and Xinyang Minerals and others.
This report answers the following 11 key questions:
- Q.1 What are some of the most promising, high-growth opportunities for the global magnesium hydroxide market by application (environmental protection, flame retardant, pharmaceutical ingredients, and others), end use industry (industrial, municipal, pharmaceutical, and others), purity level (90%-95% and 96%-100%), product form (slurry, powder, fine particles, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
- Q.2 Which segments will grow at a faster pace and why?
- Q.3 Which regions will grow at a faster pace and why?
- Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the magnesium hydroxide market?
- Q.5 What are the business risks and threats to the market?
- Q.6 What are the emerging trends in this magnesium hydroxide market and reasons behind them?
- Q.7 What are the changing demands of customers in the market?
- Q.8 What are the new developments in the magnesium hydroxide market? Which companies are leading these developments?
- Q.9 Who are the major players in this magnesium hydroxide market? What strategic initiatives are being implemented by key players for business growth?
- Q.10 What are some of the competitive products and processes in this magnesium hydroxide area and how big of a threat do they pose for loss of market share via product substitution?
- Q.11 What M&A activity has occurred in the magnesium hydroxide last 5 years?
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classification
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2012 to 2023
3.1: Macroeconomic Trends and Forecast
3.2: Global Magnesium Hydroxide Market Trends and Forecast
3.3: Global Magnesium Hydroxide Market by Application
3.3.1: Flame Retardants
3.3.2; Pharmaceutical Ingredients
3.3.3: Environmental Protection
3.3.4: Other Applications of Magnesium Hydroxide
3.4: Global Magnesium Hydroxide Market by End Use Industry
3.4.1: Industrial
3.4.2: Pharmaceutical
3.4.3: Municipal
3.4.4: Other End Use Industries (Paper and Pulp, Fertilizers, Wire and Cable, Building and Construction)
3.5: Global Magnesium Hydroxide Market by Purity Level
3.6: Global Magnesium Hydroxide Market by Product Form
4. Market Trends and Forecast Analysis by Region
4.1: Global Magnesium Hydroxide Market by Region
4.2: North American Magnesium Hydroxide Market
4.2.1: Market by Application: Flame Retardants, Pharmaceutical Ingredients, Environmental Protection, and Others
4.2.2: Market by End Use Industry: Industrial, Pharmaceutical, Municipal, and Others
4.2.3: The United States Magnesium Hydroxide Market
4.2.4: Canadian Magnesium Hydroxide Market
4.2.5: Mexican Magnesium Hydroxide Market
4.3: European Magnesium Hydroxide Market
4.4: APAC Magnesium Hydroxide Market
4.5: ROW Magnesium Hydroxide Market
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Geographical Reach
5.4: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Magnesium Hydroxide Market by Application
6.1.2: Growth Opportunities for the Global Magnesium Hydroxide Market by End Use Industry
6.1.3: Growth Opportunities for the Global Magnesium Hydroxide Market by Region
6.2: Strategic Analysis
6.2.1: New Product Development
6.2.2: Capacity Expansion of the Global Magnesium Hydroxide Market
6.2.3: Mergers, Acquisitions and Joint Ventures in the Global Magnesium Hydroxide Market
7. Company Profiles of Leading Players
7.1: Huber Engineered Materials
7.2: Israel Chemical Company
7.3: Nedmag B.V.
7.4: Konoshima Chemical Co. Ltd.
7.5: Ube Materials Industry
7.6: Martin Marietta Materials
7.7: Kyowa Chemical Industry Ltd.
7.8: Xinyang Minerals Group
7.9: Niknam Chemicals Private Limited
For more information about this report visit https://www.researchandmarkets.com/r/celads
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.