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Magnesium Silicate Market Overview and Analysis 2017 – 2025

08-18-2017 01:25 PM CET | Health & Medicine

Press release from: Persistence Market Research

Magnesium Silicate Market Overview and Analysis 2017 – 2025

Magnesium silicate is a chemical compound that consists of silicon, oxygen and magnesium. It can be found in both natural and manufactured form. When magnesium silicate is hydrated it is known as talc. Primarily it is used as a thickener in beauty and cosmetic products. In cosmetics it is commonly used in baby powder and talcum as an adsorbent and in pharmaceuticals it is used to improve the powder flow in the tablet compression. Magnesium silicate is useful for the variety of applications such as purifying adsorbent, (odors, vegetable and animal oils, sugar, dry cleaning, resins,); filler (ceramics, rubber, refractories, paper, and glass,); filter medium, catalyst carrier, etc. increasing applications of magnesium silicate in various end use industries is expected to increase the demand for magnesium silicate during the forecast period.

Global Magnesium Silicate Market: Drivers and Restraints

Growing demand for emulsifier and anti-caking agents in food and beverages industry is primarily driving the growth of global magnesium silicate market. Moreover, the growing personal care industry due to rising lifestyle of consumers is also fuelling the growth of global magnesium silicate market as it is used as an emulsifier in cosmetics and other personal care products. Furthermore, the global supply chain has made the product easily available everywhere, which also has made the positive impact on the magnesium silicate market. In addition, the increasing applications of magnesium silicate due to extensive research and development programmes by the various companies is also fuelling the growth of the global magnesium silicate market. Moreover, the enormous growth in healthcare industry for last few years is also expected to increase the demand for magnesium silicate during the forecast period.

Although the global magnesium silicate market is growing but it also has some harmful effects on human body such as cough, sneezing, dyspnea, cyanosis and vomiting, which can be a limiting factor for the global magnesium silicate market in future period.

The global magnesium silicate market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). ). Asia Pacific and Latin America are among the emerging clusters of the globe, which are anticipated to witness an above average CAGR over the forecast period. However, the global magnesium silicate market is expected to witness a steady growth by the end of 2027. Moreover, the demand for magnesium sulphate is increasing from developing countries due to growing health care industry owing to increasing disposable income of consumers.

A Sample of this Report is Available Upon Request @ http://www.persistencemarketresearch.com/samples/17377

About Us 
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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