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Sales Of Magnesium Sulfate Industry To Reach $1,351.2 Million By End Of 2032

02-01-2023 04:25 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Sales Of Magnesium Sulfate Industry To Reach $1,351.2 Million

The global magnesium sulfate market is set to enjoy a valuation of US$ 783.6 million in 2022 and further expand at a CAGR of 5.3% to reach US$ 1,351.2 million by the end of 2032.

The report provides useful and actionable market insights for magnesium sulphate. The most recent report from Fact.MR offers information on the state of the market in various regions, as well as historical data and market forecasts. Insights into the demand for and sales of magnesium sulphate in various industries and geographical areas are also provided in the report.

Download a sample copy of this report :- https://www.factmr.com/connectus/sample?flag=S&rep_id=4184

"Rising demand for Nutraceuticals to drive Magnesium Sulphate "

The increasing demand for nutraceuticals is one of the key drivers for the growth of magnesium sulphate market. Magnesium sulphate is an important mineral and is used in various nutraceutical products to improve overall health. The growing awareness about the health benefits of magnesium sulphate such as reducing inflammation, improving heart health, and promoting healthy skin has boosted its demand in the nutraceutical industry. With the rise in consumer interest in natural and herbal remedies, the market for magnesium sulphate is expected to grow significantly in the coming years. In addition, the increasing number of people suffering from magnesium deficiencies and the increasing need for dietary supplements are also driving the growth of the magnesium sulphate market.

Furthermore, the world population is projected to exceed 9 billion by 2050. Therefore, agricultural production must be increased worldwide. To stimulate global agricultural production, more emphasis is placed on adopting more efficient agricultural methods and chemicals such as fertilizers, herbicides, etc.

Need more information on the reporting methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=4184

Fact.MR's market research provides unique insights into how the market will develop. The study identifies the key trends driving the Magnesium Sulfate market's growth. This newly published report sheds light on critical dynamics such as market drivers, restraints, and opportunities for market key players as well as emerging players involved in manufacturing and supply. The most recent Fact.MR report provides a detailed market analysis of Magnesium Sulfate.This in-depth and recently released report sheds light on the Magnesium Sulfate market insights, key dynamics, their impact on the overall value chain from suppliers to end users, and the Magnesium Sulfate market growth .

Magnesium sulfate market segmentation

• By product type:

o Heptahydrate (Epsomite)
o Anhydrous (calcined kieserite)
o Monohydrate (Kieserite)

• By application:

o Agricultural additive
o Food and feed additives
o Pharmaceutical additives
o Chemical intermediaries
o Additives for pulp and paper
o Other applications

• By region:

o North America
o Latin America
o Europe
o East Asia
o South Asia and Oceania
o WHAT

Get Full Access To This Premium Report: - https://www.factmr.com/checkout/4184

Key Companies

• Giles Chemical
• Jiangsu Kolod Food Ingredients Co., Ltd
• K+S Group
• Laizhou City Laiyu Chemical Co. Ltd
• Laizhou Guangcheng Chemical Co., Ltd
• Mani Agro Chem Pvt. Ltd.
• Mag Products India Private Limited (MPIPL)
• PQ Corporation
• Rech Chemical Co. Ltd
• UMAI CHEMICAL Co. Ltd.
• WeifangHuakang Magnesium Sulphate Co., Ltd.
• ZIBO JINXING CHEMICAL CO., LTD.

Table of Content

1. Magnesium Sulphate Market - Executive Summary

2. Market Overview

2.1. Market Definition and Introduction

2.2. Market Taxonomy/ Research Scope

3. Market Background and Foundation Data

3.1. Global Magnesium Reserves (tons)

3.2. Global Magnesium Mining and production

3.3. Key Trends in Agriculture Sector

3.4. Key Challenges and Solutions in the Agriculture Sector

3.5. Agriculture's Share in Key Country's GDP (%), 2021

3.6. Prominent Plant Nutrients

3.6.1. Why fertilizers are Necessary

3.6.2. Functions of major nutrients

3.6.3. Nutrients Requirement at different stages

3.7. Nutrients Application by crops 2021

3.8. Fertilizer Production* by Region-2021

3.9. Fertilizer Consumption* by Region-2021

3.10. Foliar Fertilizer Market Overview

3.11. Production & Processing of Magnesium Sulphate

3.12. Global Magnesium Sulphate: Apparent Production & Consumption Analysis

Read More Trend Reports by Fact.MR-
https://www.globenewswire.com/en/news-release/2022/09/26/2522615/0/en/Third-Generation-Advanced-High-Strength-Steel-Opening-Plethora-of-Opportunities-for- Manufacturers-Says-Fact-MR.html

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