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Magnesium Peroxide Market Observe Substantial Growth by 2018-2026

08-22-2018 08:13 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research Reports

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Magnesium Peroxide Market Observe Substantial Growth

Magnesium peroxide (MgO2) is an off-white colored, odorless fine powder. Magnesium peroxide is similar to calcium peroxide, as it too releases oxygen by breaking down at controlled rate when in contact with water. Commercially, magnesium peroxide exists as a compound of magnesium hydroxide and magnesium peroxide.

Commercial production of magnesium peroxide involves mixing of hydrogen peroxide with a light grade of magnesium oxide. The slurry of this mixture is then dried. The final product of the reaction is a white powder which contains around 25% magnesium peroxide and 7% active oxygen. The remaining components are magnesium hydroxide, magnesium carbonate, and magnesium oxide.

Industrially, magnesium peroxide can be produced by reacting magnesium oxide with hydrogen peroxide to generate magnesium peroxide and water. The final product synthesized through this process contains magnesium peroxide with no more than 50% of the composition. One other industrial production process involving magnesium hydroxide can generate a yield that contains upto 60% of magnesium peroxide in the final product.

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Based on application, the magnesium peroxide market can be segmented into chemical, agriculture, bleaching, wastewater treatment, and others. Magnesium peroxide is used as source of oxygen. Magnesium peroxide slowly decomposes and releases oxygen when it reacts with water. This function as an oxygen source is utilized in industries such as agriculture. Magnesium peroxide is also used for sanitation purposes, as a source of oxygen, for aerobic organisms in the treatment and disposal of biological waste. Magnesium peroxide is added to the compost piles or soil to boost the microbial activities to reduce odors produced in the process, as decomposition of hydrocarbons in soil is faster in aerobic conditions.

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It is also used as soil bioremediation to decontaminate the soil. It improves metabolism and soil quality to help plants grow. Use of magnesium peroxide as a decontaminant also reduces contaminants in groundwater. This function is utilized in industries such as agriculture and aquaculture.

Magnesium peroxide is also used in hydraulic fluids that are used in the extraction process of shale gas. It is used as a destruction agent for polymers utilized in the extraction process as it generates magnesium hydroxide. Magnesium hydroxide is a naturally occurring compound in soil.

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Key players operating in the magnesium peroxide market include Solvay, Arkema Group, and Evonik.

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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