Magnesium Hydroxide Market to Surpass $1.71 Billion by 2031, Growing at a 5.85% CAGR

LOS ANGELES, United States: The report named, "Magnesium Hydroxide - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031" has been added to the archive of market research studies by QY Research. The global Magnesium Hydroxide market is researched with great precision and in a comprehensive manner to help you identify hidden opportunities and become informed about unpredictable challenges in the industry. The authors of the report have brought to light crucial growth factors, restraints, and trends of the global Magnesium Hydroxide market. The research study offers complete analysis of critical aspects of the global Magnesium Hydroxide market, including competition, segmentation, geographical progress, manufacturing cost analysis, and price structure.

The global market for Magnesium Hydroxide was valued at US$ 1,168.73 million in 2024 and is forecast to a readjusted size of US$ 1,710.36 million by 2031 with a CAGR of 5.85% during the forecast period 2025-2031.

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North American market for Magnesium Hydroxide was valued at $ 227.20 million in 2024 and will reach $ 332.56 million by 2031, at a CAGR of 5.88% during the forecast period of 2024 through 2031.

Asia-Pacific market for Magnesium Hydroxide was valued at $ 624.39 million in 2024 and will reach $ 931.14 million by 2031, at a CAGR of 6.08% during the forecast period of 2024 through 2031.

Europe market for Magnesium Hydroxide was valued at $ 248.05 million in 2024 and will reach $ 352.73 million by 2031, at a CAGR of 5.51% during the forecast period of 2025 through 2031.

The global key companies of Magnesium Hydroxide include Ube Materials, Martin Marietta, Kyowa Chemical, Huber Engineered Materials (HEM), ICL, Konoshima Chemical, Russian Mining Chemical, Nedmag, NikoMag, etc. In 2024, the global five largest players hold a share approximately 50.46% in terms of revenue.

The segmental analysis includes deep evaluation of each and every segment of the global Magnesium Hydroxide market studied in the report. All of the segments of the global Magnesium Hydroxide market are analyzed on the basis of market share, revenue, market size, production, and future prospects. The regional study of the global Magnesium Hydroxide market explains how different regions and country-level markets are making developments. Furthermore, it gives a statistical representation of their progress during the course of the forecast period. Our analysts have used advanced primary and secondary research methodologies to compile the research study on the global Magnesium Hydroxide market.

Details of Magnesium Hydroxide Market Segmentation: -

Segment By Company

Ube Materials
Martin Marietta
Kyowa Chemical
Huber Engineered Materials (HEM)
ICL
Konoshima Chemical
Russian Mining Chemical
Nedmag
NikoMag
Nihonkaisui
Naikai Salt
Tateho Chemical
Xinyang Minerals
Liaoning Deer
Dandong Yungsing
Shandong TaiXing Advanced Material
Yantai FR Flame Technology
Qinghai West Magnesium
ATK Flame Retardant Materials
Weifang Haililong

Segment by Type

Chemical Synthesis Method
Physical Method

Segment by Application

Water Treatment
Flame Retardant Industry
Pharmaceutical & Food
Other Applications

The authors of the report have analyzed both developing and developed regions considered for the research and analysis of the global Magnesium Hydroxide market. The regional analysis section of the report provides an extensive research study on different regional and country-wise Magnesium Hydroxide markets to help players plan effective expansion strategies. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries. Players can use this study to explore untapped Magnesium Hydroxide markets to extend their reach and create sales opportunities.

Report Objectives

(1) Thoroughly analyzing and forecasting the size of the global Magnesium Hydroxide market by value and volume

(2) Estimating the market shares of key segments of the global Magnesium Hydroxide market

(3) Showing the development of the global Magnesium Hydroxide market in different parts of the world

(4) Evaluating micro-markets in terms of their contributions to the global Magnesium Hydroxide market, their prospects, and individual growth trends

(5) Giving accurate and useful details about factors influencing the growth of the global Magnesium Hydroxide market

(6) Providing detailed assessment of important business strategies adopted by leading companies operating in the global Magnesium Hydroxide market, which include research and development, agreements, collaborations, partnerships, mergers, acquisitions, new developments, and product launches

With a view to estimate and verify the size of the global Magnesium Hydroxide market and various other calculations, our researchers took bottom-up and top-down approaches. They used secondary research to identify key players of the global Magnesium Hydroxide market. In order to collect key insights about the global Magnesium Hydroxide market, they interviewed marketing executives, directors, VPs, CEOs, and industry experts. They also gathered information and data from quarterly and annual financial reports of companies. The final qualitative and quantitative data was obtained after analyzing and verifying every parameter affecting the global Magnesium Hydroxide market and its segments. We used primary sources to verify all breakdowns, splits, and percentage shares after determining them with the help of secondary sources.

Our analysts arrived at accurate statistics of various segments and sub-segments of the global Magnesium Hydroxide market and completed the overall market engineering process with market breakdown and data triangulation procedures. We looked at trends from both the supply and demand sides of the global Magnesium Hydroxide market to triangulate the data.

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Table of Contents

1 Market Overview 1
1.1 Magnesium Hydroxide Product Introduction 1
1.2 Global Magnesium Hydroxide Market Size Forecast 1
1.2.1 Global Magnesium Hydroxide Sales Value (2020-2031) 2
1.2.2 Global Magnesium Hydroxide Sales Volume (2020-2031) 3
1.2.3 Global Magnesium Hydroxide Sales Price (2020-2031) 4
1.3 Magnesium Hydroxide Market Trends & Drivers 5
1.3.1 Magnesium Hydroxide Industry Trends 5
1.3.2 Magnesium Hydroxide Market Drivers & Opportunity 6
1.3.3 Magnesium Hydroxide Market Challenges 7
1.3.4 Magnesium Hydroxide Market Restraints 8
1.4 Assumptions and Limitations 8
1.5 Study Objectives 9
1.6 Years Considered 10

2 Competitive Analysis by Company 11
2.1 Global Magnesium Hydroxide Players Revenue Ranking (2024) 11
2.2 Global Magnesium Hydroxide Revenue by Company (2020-2025) 12
2.3 Global Magnesium Hydroxide Players Sales Volume Ranking (2024) 14
2.4 Global Magnesium Hydroxide Sales Volume by Company Players (2020-2025) 15
2.5 Global Magnesium Hydroxide Average Price by Company (2020-2025) 17
2.6 Key Manufacturers Magnesium Hydroxide Manufacturing Base and Headquarters 18
2.7 Key Manufacturers Time to Established 19
2.8 Magnesium Hydroxide Market Competitive Analysis 20
2.8.1 Magnesium Hydroxide Market Concentration Rate (2020-2025) 20
2.8.2 Global 5 and 10 Largest Manufacturers by Magnesium Hydroxide Revenue in 2024 21
2.8.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Magnesium Hydroxide as of 2024) 22

3 Segmentation by Type 24
3.1 Introduction by Type 24
3.1.1 Chemical Synthesis Method 24
3.1.2 Physical Method 24
3.2 Global Magnesium Hydroxide Sales Value by Type 24
3.2.1 Global Magnesium Hydroxide Sales Value by Type (2020 VS 2024 VS 2031) 25
3.2.2 Global Magnesium Hydroxide Sales Value, by Type (2020-2031) 26
3.2.3 Global Magnesium Hydroxide Sales Value, by Type (%) (2020-2031) 27
3.3 Global Magnesium Hydroxide Sales Volume by Type 28
3.3.1 Global Magnesium Hydroxide Sales Volume by Type (2020 VS 2024 VS 2031) 28
3.3.2 Global Magnesium Hydroxide Sales Volume, by Type (2020-2031) 29
3.3.3 Global Magnesium Hydroxide Sales Volume, by Type (%) (2020-2031) 30
3.4 Global Magnesium Hydroxide Average Price by Type (2020-2031) 30

4 Segmentation by Application 32
4.1 Introduction by Application 32
4.1.1 Water Treatment 32
4.1.2 Flame Retardant Industry 32
4.1.3 Pharmaceutical & Food 33
4.1.4 Other Applications 34
4.2 Global Magnesium Hydroxide Sales Value by Application 34
4.2.1 Global Magnesium Hydroxide Sales Value by Application (2020 VS 2024 VS 2031) 34
4.2.2 Global Magnesium Hydroxide Sales Value, by Application (2020-2031) 35
4.2.3 Global Magnesium Hydroxide Sales Value, by Application (%) (2020-2031) 36
4.3 Global Magnesium Hydroxide Sales Volume by Application 37
4.3.1 Global Magnesium Hydroxide Sales Volume by Application (2020 VS 2024 VS 2031) 37
4.3.2 Global Magnesium Hydroxide Sales Volume, by Application (2020-2031) 38
4.3.3 Global Magnesium Hydroxide Sales Volume, by Application (%) (2020-2031) 39
4.4 Global Magnesium Hydroxide Average Price by Application (2020-2031) 40

5 Segmentation by Region 41
5.1 Global Magnesium Hydroxide Sales Value by Region 41
5.1.1 Global Magnesium Hydroxide Sales Value by Region: 2020 VS 2024 VS 2031 41
5.1.2 Global Magnesium Hydroxide Sales Value by Region (2020-2025) 41
5.1.3 Global Magnesium Hydroxide Sales Value by Region (2026-2031) 42
5.1.4 Global Magnesium Hydroxide Sales Value by Region (%), (2020-2031) 42
5.2 Global Magnesium Hydroxide Sales Volume by Region 43
5.2.1 Global Magnesium Hydroxide Sales Volume by Region: 2020 VS 2024 VS 2031 43
5.2.2 Global Magnesium Hydroxide Sales Volume by Region (2020-2025) 44
5.2.3 Global Magnesium Hydroxide Sales Volume by Region (2026-2031) 44
5.2.4 Global Magnesium Hydroxide Sales Volume by Region (%), (2020-2031) 44
5.3 Global Magnesium Hydroxide Average Price by Region (2020-2031) 45
5.4 North America 46
5.4.1 North America Magnesium Hydroxide Sales Value, 2020-2031 46
5.4.2 North America Magnesium Hydroxide Sales Value by Country (%), 2024 VS 2031 47
5.5 Europe 48
5.5.1 Europe Magnesium Hydroxide Sales Value, 2020-2031 48
5.5.2 Europe Magnesium Hydroxide Sales Value by Country (%), 2024 VS 2031 49
5.6 Asia Pacific 50
5.6.1 Asia Pacific Magnesium Hydroxide Sales Value, 2020-2031 50
5.6.2 Asia Pacific Magnesium Hydroxide Sales Value by Region (%), 2024 VS 2031 51
5.7 Latin America 52
5.7.1 Latin America Magnesium Hydroxide Sales Value, 2020-2031 52
5.7.2 Latin America Magnesium Hydroxide Sales Value by Country (%), 2024 VS 2031 53
5.8 Middle East & Africa 54
5.8.1 Middle East & Africa Magnesium Hydroxide Sales Value, 2020-2031 54
5.8.2 Middle East & Africa Magnesium Hydroxide Sales Value by Country (%), 2024 VS 2031 55

6 Segmentation by Key Countries/Regions 56
6.1 Key Countries/Regions Magnesium Hydroxide Sales Value Growth Trends, 2020 VS 2024 VS 2031 56
6.2 Key Countries/Regions Magnesium Hydroxide Sales Value 57
6.2.1 Key Countries/Regions Magnesium Hydroxide Sales Value, 2020-2031 57
6.2.2 Key Countries/Regions Magnesium Hydroxide Sales Volume, 2020-2031 59
6.3 United States 62
6.3.1 United States Magnesium Hydroxide Sales Value, 2020-2031 62
6.3.2 United States Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031 63
6.3.3 United States Magnesium Hydroxide Sales Value by Application, 2024 VS 2031 64
6.4 Europe 65
6.4.1 Europe Magnesium Hydroxide Sales Value, 2020-2031 65
6.4.2 Europe Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031 66
6.4.3 Europe Magnesium Hydroxide Sales Value by Application, 2024 VS 2031 67
6.5 China 68
6.5.1 China Magnesium Hydroxide Sales Value, 2020-2031 68
6.5.2 China Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031 69
6.5.3 China Magnesium Hydroxide Sales Value by Application, 2024 VS 2031 70
6.6 Japan 71
6.6.1 Japan Magnesium Hydroxide Sales Value, 2020-2031 71
6.6.2 Japan Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031 72
6.6.3 Japan Magnesium Hydroxide Sales Value by Application, 2024 VS 2031 73
6.7 South Korea 74
6.7.1 South Korea Magnesium Hydroxide Sales Value, 2020-2031 74
6.7.2 South Korea Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031 75
6.7.3 South Korea Magnesium Hydroxide Sales Value by Application, 2024 VS 2031 76
6.8 Southeast Asia 77
6.8.1 Southeast Asia Magnesium Hydroxide Sales Value, 2020-2031 77
6.8.2 Southeast Asia Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031 78
6.8.3 Southeast Asia Magnesium Hydroxide Sales Value by Application, 2024 VS 2031 79
6.9 India 80
6.9.1 India Magnesium Hydroxide Sales Value, 2020-2031 80
6.9.2 India Magnesium Hydroxide Sales Value by Type (%), 2024 VS 2031 81
6.9.3 India Magnesium Hydroxide Sales Value by Application, 2024 VS 2031 82

7 Company Profiles 83
7.1 Ube Materials 83
7.1.1 Ube Materials Company Information 83
7.1.2 Ube Materials Introduction and Business Overview 84
7.1.3 Ube Materials Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 84
7.1.4 Ube Materials Magnesium Hydroxide Product Offerings 85
7.2 Martin Marietta 86
7.2.1 Martin Marietta Company Information 86
7.2.2 Martin Marietta Introduction and Business Overview 86
7.2.3 Martin Marietta Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 87
7.2.4 Martin Marietta Magnesium Hydroxide Product Offerings 87
7.3 Kyowa Chemical 88
7.3.1 Kyowa Chemical Company Information 88
7.3.2 Kyowa Chemical Introduction and Business Overview 89
7.3.3 Kyowa Chemical Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 90
7.3.4 Kyowa Chemical Magnesium Hydroxide Product Offerings 90
7.3.5 Kyowa Chemical Recent Development 91
7.4 Huber Engineered Materials (HEM) 91
7.4.1 Huber Engineered Materials (HEM) Company Information 91
7.4.2 Huber Engineered Materials (HEM) Introduction and Business Overview 92
7.4.3 Huber Engineered Materials (HEM) Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 93
7.4.4 Huber Engineered Materials (HEM) Magnesium Hydroxide Product Offerings 93
7.4.5 Huber Engineered Materials (HEM) Recent Development 94
7.5 ICL 95
7.5.1 ICL Company Information 95
7.5.2 ICL Introduction and Business Overview 95
7.5.3 ICL Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 97
7.5.4 ICL Magnesium Hydroxide Product Offerings 97
7.6 Konoshima Chemical 97
7.6.1 Konoshima Chemical Company Information 98
7.6.2 Konoshima Chemical Introduction and Business Overview 98
7.6.3 Konoshima Chemical Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 99
7.6.4 Konoshima Chemical Magnesium Hydroxide Product Offerings 99
7.7 Russian Mining Chemical 101
7.7.1 Russian Mining Chemical Company Information 101
7.7.2 Russian Mining Chemical Introduction and Business Overview 102
7.7.3 Russian Mining Chemical Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 103
7.7.4 Russian Mining Chemical Magnesium Hydroxide Product Offerings 103
7.8 Nedmag 103
7.8.1 Nedmag Company Information 104
7.8.2 Nedmag Introduction and Business Overview 104
7.8.3 Nedmag Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 105
7.8.4 Nedmag Magnesium Hydroxide Product Offerings 105
7.9 NikoMag 106
7.9.1 NikoMag Company Information 106
7.9.2 NikoMag Introduction and Business Overview 106
7.9.3 NikoMag Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 107
7.9.4 NikoMag Magnesium Hydroxide Product Offerings 107
7.9.5 NikoMag Recent Development 108
7.10 Nihonkaisui 109
7.10.1 Nihonkaisui Company Information 109
7.10.2 Nihonkaisui Introduction and Business Overview 110
7.10.3 Nihonkaisui Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 110
7.10.4 Nihonkaisui Magnesium Hydroxide Product Offerings 110
7.11 Naikai Salt 111
7.11.1 Naikai Salt Company Information 111
7.11.2 Naikai Salt Introduction and Business Overview 112
7.11.3 Naikai Salt Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 112
7.11.4 Naikai Salt Magnesium Hydroxide Product Offerings 112
7.12 Tateho Chemical 113
7.12.1 Tateho Chemical Company Information 113
7.12.2 Tateho Chemical Introduction and Business Overview 114
7.12.3 Tateho Chemical Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 114
7.12.4 Tateho Chemical Magnesium Hydroxide Product Offerings 115
7.13 Xinyang Minerals 116
7.13.1 Xinyang Minerals Company Information 117
7.13.2 Xinyang Minerals Introduction and Business Overview 117
7.13.3 Xinyang Minerals Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 118
7.13.4 Xinyang Minerals Magnesium Hydroxide Product Offerings 118
7.13.5 Xinyang Minerals Recent Development 120
7.14 Liaoning Deer 121
7.14.1 Liaoning Deer Company Information 121
7.14.2 Liaoning Deer Introduction and Business Overview 122
7.14.3 Liaoning Deer Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 122
7.14.4 Liaoning Deer Magnesium Hydroxide Product Offerings 123
7.15 Dandong Yungsing 123
7.15.1 Dandong Yungsing Company Information 123
7.15.2 Dandong Yungsing Introduction and Business Overview 124
7.15.3 Dandong Yungsing Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 125
7.15.4 Dandong Yungsing Magnesium Hydroxide Product Offerings 125
7.16 Shandong TaiXing Advanced Material 126
7.16.1 Shandong TaiXing Advanced Material Company Information 126
7.16.2 Shandong TaiXing Advanced Material Introduction and Business Overview 127
7.16.3 Shandong TaiXing Advanced Material Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 128
7.16.4 Shandong TaiXing Advanced Material Magnesium Hydroxide Product Offerings 128
7.17 Yantai FR Flame Technology 129
7.17.1 Yantai FR Flame Technology Company Information 129
7.17.2 Yantai FR Flame Technology Introduction and Business Overview 129
7.17.3 Yantai FR Flame Technology Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 130
7.17.4 Yantai FR Flame Technology Magnesium Hydroxide Product Offerings 130
7.18 Qinghai West Magnesium 131
7.18.1 Qinghai West Magnesium Company Information 131
7.18.2 Qinghai West Magnesium Introduction and Business Overview 132
7.18.3 Qinghai West Magnesium Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 133
7.18.4 Qinghai West Magnesium Magnesium Hydroxide Product Offerings 133
7.18.5 Qinghai West Magnesium Recent Development 134
7.19 ATK Flame Retardant Materials 134
7.19.1 ATK Flame Retardant Materials Company Information 134
7.19.2 ATK Flame Retardant Materials Introduction and Business Overview 135
7.19.3 ATK Flame Retardant Materials Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 136
7.19.4 ATK Flame Retardant Materials Magnesium Hydroxide Product Offerings 136
7.20 Weifang Haililong 136
7.20.1 Weifang Haililong Company Information 137
7.20.2 Weifang Haililong Introduction and Business Overview 137
7.20.3 Weifang Haililong Magnesium Hydroxide Sales, Revenue, Price and Gross Margin (2020-2025) 138
7.20.4 Weifang Haililong Magnesium Hydroxide Product Offerings 138

8 Industry Chain Analysis 140
8.1 Magnesium Hydroxide Industrial Chain 140
8.2 Magnesium Hydroxide Upstream Analysis 140
8.2.1 Key Raw Materials 140
8.2.2 Raw Materials Key Suppliers 142
8.2.3 Manufacturing Cost Structure 143
8.3 Magnesium Hydroxide Production Mode & Process 144
8.4 Midstream Analysis 145
8.5 Downstream Analysis (Customers Analysis) 146
8.6 Sales Model and Sales Channels 147
8.6.1 Magnesium Hydroxide Sales Model 147
8.6.2 Sales Channel 147
8.6.3 Magnesium Hydroxide Distributors 147

9 Research Findings and Conclusion 150

10 Appendix 151
10.1 Research Methodology 151
10.1.1 Methodology/Research Approach 151
10.1.2 Data Source 154
10.2 Author Details 157
10.3 Disclaimer 158

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