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Magnesium sulfate Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis
Global Magnesium sulfate report from Global Insight Services is the single authoritative source of intelligence on Magnesium sulfate market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.Read more about Magnesium sulfate market here: https://www.globalinsightservices.com/reports/magnesium-sulfate-market/
Magnesium sulfate is a chemical compound containing magnesium, sulfur, and oxygen, with the formula MgSO4. It is often encountered as the heptahydrate sulfate mineral epsomite (MgSO4·7H2O), commonly called Epsom salt. The overall global annual usage in the mid-1970s of the monohydrate was 2.3 million tons, of which the majority was used in agriculture.
Key Trends
There are several key trends in magnesium sulfate technology. One is the development of new and more efficient ways to extract magnesium sulfate from brine. This includes the use of reverse osmosis and other membrane technologies.
Another key trend is the development of new uses for magnesium sulfate, such as in the production of batteries and fuel cells.
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Market Segmentation
The Magnesium Sulfate Market is segmented by product, application, and region. By product, the market is divided into heptahydrate, anhydrous, and monohydrate. By application, the market is classified into agriculture, food & feed additives, pharmaceuticals & personal care, and others. By region, the market is classified into North America, Europe, Asia-Pacific and rest of the world.
Key Players
The key players in the Magnesium Sulfate Market are PQ Corporation, UMAI CHEMICAL Co. Ltd., Laizhou Guangcheng Chemical Co., Ltd., Laizhou Zhongda Chemical Co. Ltd., Giles, Balaji Industries, China Nafine Group International Co. Ltd., Laizhou City Laiyu Chemical Co. Ltd., Agro Chem Pvt. Ltd. and Mag Products India Private Limited (MPIPL).
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