Press release
Global Magnesium Carbonate Market Research Report 2023
The global Magnesium Carbonate market was valued at US$ 70 million in 2022 and is anticipated to reach US$ 83 million by 2029, witnessing a CAGR of 2.5% during the forecast period 2023-2029.
Magnesium Carbonate Market
Magnesium carbonate, MgCO3 (CAS 546-93-0), is an inorganic salt that is a white solid. Several hydrated and basic forms of magnesium carbonate also exist as minerals.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Konoshima Chemical was the global greatest company in Magnesium Carbonate industry, with the market Share of 15%, followed by Naikai Salt Industries Co.,LTD, SCORA S.A.S, Rahul Magnesia Pvt. Ltd., Bakhtawar Industries, Yingkou Magnesite Chemical, Hebei Gaolin, Zehui Chemical, Xingtai Messi, Liaoning Xinghai Pharmaceutical, Yixing Lark Fine Chemical, Meishen, Dandong Yulong.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Magnesium Carbonate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnesium Carbonate.
The Magnesium Carbonate market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Magnesium Carbonate market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Magnesium Carbonate manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Segment by Type
Light Magnesium Carbonate
Heavy Magnesium Carbonate
Segment by Application
Pharmaceuticals
Plastic & Rubber Industry
Personal Care & Cosmetics
Paints & Inks
Pulp & Paper Industry
Food & Beverage
Others
Production by Region
North America
Europe
China
Japan
India
Middle East & Africa
Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)
By Company Naikai Salt Industries Co.,LTD, Konoshima Chemical, SCORA S.A.S, Rahul Magnesia Pvt. Ltd., Bakhtawar Industries, Yingkou Magnesite Chemical, Hebei Gaolin, Zehui Chemical, Xingtai Messi, Liaoning Xinghai Pharmaceutical, Yixing Lark Fine Chemical, Meishen, Dandong Yulong
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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