|02-11-2019 01:26 PM CET - Business, Economy, Finances, Banking & Insurance||
Global Magnesium Hydroxide Market 2019 is growing at a CAGR of 1.4% upto 2024 and expected to reach around USD 1220 million globally by 2024
Press release from: Apex Market Research
Magnesium Hydroxide Paste is an aqueous paste of Magnesium Hydroxide. It contains not less than 93.0 percent and not more than 107.0 percent of the labeled amount of magnesium hydroxide [Mg(OH)2], the labeled amount being not less than 28.0 percent and not more than 70.0 percent of magnesium hydroxide.
The global production of magnesium hydroxide increases from 613 K MT in 2012 to 788 K MT in 2017, and expect to grow at a CAGR of 3.41% from 2017 to 2022. The major manufacturers mainly concentrate in Europe, North America, Japan and China. In 2016, North American magnesium hydroxide production share was about 22%. Europe production share took 17% and Japan production share also took 17%. China took about 32%.
Currently, many companies use magnesium ore, seawater and underground brines as the raw material of magnesium hydroxide. The manufacturing processes are natural product refining method and chemical synthesis method. Currently, chemical synthesis method was the major technology in the market, accounting for approximately 57% market share in 2016. So, the technical barriers of magnesium hydroxide are low and the magnesium hydroxide market concentration degree is relatively low in the global.
According to this study, over the next five years the Magnesium Hydroxide market will register a 1.4% CAGR in terms of revenue, the global market size will reach US$ 1220 million by 2024, from US$ 1120 million in 2019.
Apex Market Research, recently published a detailed market research study focused on the “Magnesium Hydroxide Market 2019” across the global, regional and country level. Magnesium Hydroxide Market Research Report highlights extensive market insights of the Magnesium Hydroxide industry, which offers definitions and a diverse range of market structures and characteristics, historic and present market values along with the expected future growth of the Magnesium Hydroxide market for the forecast period. The study shares “Magnesium Hydroxide” performance both in terms of volume and revenue.
Key Manufacturers Analysis of This Report
Russian Mining Chemical
Yantai FR Flame Technology
Qinghai West Magnesium
ShanDong LuHua chemical
Lianyungang Nippo Group
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The report exhibits Magnesium Hydroxide market across diverse regions (including the regions India, Japan, South East Asia, Europe, China and USA). In this section, major attributes such as region-wise Magnesium Hydroxide production value and techniques, consumption, export/import details, growth rate from 2013 to 2018, market structure and status and SWOT analysis are included. Moreover, the research study categorizes the Magnesium Hydroxide Market based on major product types, application and end users industries of Magnesium Hydroxide. Besides, the report also covers geographical segregation for Magnesium Hydroxide Market. The report further provides production, capacity, price per region, gross margin, production cost, for all major regions and countries listed in report.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Chemical Synthesis Method
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Environmental Protection Industry
Flame Retardant Industry
The competitive landscape of the global market for Magnesium Hydroxide is analyzed by assessing the major industry participants, production capacity, production capacity utilization rate, Magnesium Hydroxide Market’s production chain, pricing by each manufacturer and the revenue produced by each manufacturer in the Magnesium Hydroxide Market globally.
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The Global Magnesium Hydroxide Market 2019 is further emphasis on the basis of product pricing, Magnesium Hydroxide production volume, data pertaining to demand and Magnesium Hydroxide supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Magnesium Hydroxide along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Magnesium Hydroxide across the globe.
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