Market Overview:
The global anhydrous magnesium sulfate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for anhydrous magnesium sulfate from various applications such as agriculture, industry, food and pharmaceutical industry, and other applications. Additionally, the growing demand for anhydrous magnesium sulfate from emerging countries is also contributing to the growth of this market. However, factors such as volatility in prices of raw materials and stringent regulations are restraining the growth of this market. On basis of type, industrial grade segment is expected to hold major share in global anhydrous magnesium sulfate market during forecast period due high adoption by various industries across globe. Food grade segment is projected grow at highest CAGR over next 10 years owing rising demand for safe food ingredients across world. Pharmaceutical grade segment accounted for significant revenue share in 2017 and anticipated exhibit similar trend over forecast period owing its usage as pharmaceutical ingredient . On basis application , Agriculture sector dominated with largest revenue share followed by Industry sector In 2017 .
Product Definition:
Anhydrous magnesium sulfate is a mineral that is used as a laxative and to relieve constipation. It can also be used to treat or prevent low blood levels of magnesium.
Industrial Grade:
Industrial grade is a pure form of magnesium sulfate which has no commercial usage. It is produced in laboratories by the process of crystallization and separation from other minerals. The chemical formula for this product is (MgSO4)2.5H2O and it usually appears in white powder or colorless liquid form, both are highly soluble in water with typical concentration being 1% to 3%.
Food Grade:
Anhydrous magnesium sulfate is a white crystalline compound and is widely used in household, industrial, and food applications. It has high purity & strength properties which are beneficial for various industries such as pharmaceuticals, nutraceuticals, cosmetics & personal care products. The product also finds application in the leather industry for tanning and preservation purposes.
Application Insights:
The industry application includes agriculture, food and pharmaceutical industries. The demand for the product in these applications was dominated by the agricultural sector in 2017. The anhydrous magnesium sulfate is used as a fertilizer to improve soil quality and crop yield. It is also used to control fungal growth on fruits and vegetables, which increases their shelf life without affecting taste or nutrition content. In addition, it plays a key role in controlling insects that damage crops such as cotton, soybean and maize through dehydration of leaves.
The product has high demand from the pharmaceutical industry due to its ability to act as an antacid agent when mixed with aluminum hydroxide gel-based suspension (Al(OH)3). It can be used instead of calcium carbonate owing to its lower cost coupled with better performance characteristics than other substitutes such as calcium phosphate or tricalcium phosphate products.
Regional Analysis:
Asia Pacific was the largest market for global anhydrous magnesium sulfate with a revenue share of over 74% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to high demand from various end-use industries including agriculture and pharmaceutical. China is one of the leading producers and consumers of magnesium sulfate globally. It accounted for a production share of more than 50% in 2017 on account rising demand from other emerging economies such as India, Indonesia, Vietnam, Thailand among others are expected to propel industry growth over the coming years.
Europe was valued at USD X million in 2017 and is anticipated to witness significant growth during the forecast period on account increasing use across several applications including food processing industries due to its hygroscopic properties which enhance product stability thereby augmenting product demand majorly from Germany, U K.
Growth Factors:
- Increasing demand for anhydrous magnesium sulfate in agricultural and industrial applications as a soil amendment and desiccant is expected to drive the market growth.
- Growing awareness about the benefits of anhydrous magnesium sulfate is projected to fuel its demand in various end-use industries.
- The increasing use of anhydrous magnesium sulfate as a flocculant agent is anticipated to propel market growth over the forecast period.
- Rising investments by key players in research and development activities are likely to provide impetus to the market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Anhydrous Magnesium Sulfate Market Research Report
By Type
Industrial Grade, Food Grade, Pharmaceutical Grade
By Application
Agriculture, Industry, Food and Pharmaceutical Industry, Other
By Companies
K+S, Giles, PQ Corporation, Umai Chemical, Mani Agro Chem, Gee Gee Kay, Sinomagchem, Laiyu Chemical, Laizhou Kangxin, Laizhou Litong, Hongda Xingye, Laizhou Shouxi, Zibo Jinxing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Anhydrous Magnesium Sulfate Market Report Segments:
The global Anhydrous Magnesium Sulfate market is segmented on the basis of:
Types
Industrial Grade, Food Grade, Pharmaceutical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Industry, Food and Pharmaceutical Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- K+S
- Giles
- PQ Corporation
- Umai Chemical
- Mani Agro Chem
- Gee Gee Kay
- Sinomagchem
- Laiyu Chemical
- Laizhou Kangxin
- Laizhou Litong
- Hongda Xingye
- Laizhou Shouxi
- Zibo Jinxing
Highlights of The Anhydrous Magnesium Sulfate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Food Grade
- Pharmaceutical Grade
- By Application:
- Agriculture
- Industry
- Food and Pharmaceutical Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Anhydrous Magnesium Sulfate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Anhydrous magnesium sulfate is a white, odorless powder that is used as a laxative and antacid. It is also used in the production of other chemicals.
Some of the major companies in the anhydrous magnesium sulfate market are K+S, Giles, PQ Corporation, Umai Chemical, Mani Agro Chem, Gee Gee Kay, Sinomagchem, Laiyu Chemical, Laizhou Kangxin, Laizhou Litong, Hongda Xingye, Laizhou Shouxi, Zibo Jinxing.
The anhydrous magnesium sulfate market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Anhydrous Magnesium Sulfate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Anhydrous Magnesium Sulfate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Anhydrous Magnesium Sulfate Market - Supply Chain
4.5. Global Anhydrous Magnesium Sulfate Market Forecast
4.5.1. Anhydrous Magnesium Sulfate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Anhydrous Magnesium Sulfate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Anhydrous Magnesium Sulfate Market Absolute $ Opportunity
5. Global Anhydrous Magnesium Sulfate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Type
5.3.1. Industrial Grade
5.3.2. Food Grade
5.3.3. Pharmaceutical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Anhydrous Magnesium Sulfate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Industry
6.3.3. Food and Pharmaceutical Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Anhydrous Magnesium Sulfate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Anhydrous Magnesium Sulfate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Anhydrous Magnesium Sulfate Demand Share Forecast, 2019-2026
9. North America Anhydrous Magnesium Sulfate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Industry
9.4.3. Food and Pharmaceutical Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Type
9.7.1. Industrial Grade
9.7.2. Food Grade
9.7.3. Pharmaceutical Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Anhydrous Magnesium Sulfate Demand Share Forecast, 2019-2026
10. Latin America Anhydrous Magnesium Sulfate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Industry
10.4.3. Food and Pharmaceutical Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Type
10.7.1. Industrial Grade
10.7.2. Food Grade
10.7.3. Pharmaceutical Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Anhydrous Magnesium Sulfate Demand Share Forecast, 2019-2026
11. Europe Anhydrous Magnesium Sulfate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Industry
11.4.3. Food and Pharmaceutical Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Type
11.7.1. Industrial Grade
11.7.2. Food Grade
11.7.3. Phrmaceutical Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Anhydrous Magnesium Sulfate Demand Share, 2019-2026
12. Asia Pacific Anhydrous Magnesium Sulfate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Industry
12.4.3. Food and Pharmaceutical Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Type
12.7.1. Industrial Grade
12.7.2. Food Grade
12.7.3. Pharmaceutical Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Anhydrous Magnesium Sulfate Demand Share, 2019-2026
13. Middle East & Africa Anhydrous Magnesium Sulfate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Industry
13.4.3. Food and Pharmaceutical Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Anhydrous Magnesium Sulfate Market Size and Volume Forecast by Type
13.7.1. Industrial Grade
13.7.2. Food Grade
13.7.3. Pharmaceutical Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Anhydrous Magnesium Sulfate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Anhydrous Magnesium Sulfate Market: Market Share Analysis
14.2. Anhydrous Magnesium Sulfate Distributors and Customers
14.3. Anhydrous Magnesium Sulfate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. K+S
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Giles
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PQ Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Umai Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mani Agro Chem
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gee Gee Kay
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sinomagchem
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Laiyu Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Laizhou Kangxin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Laizhou Litong
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hongda Xingye
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Laizhou Shouxi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zibo Jinxing
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
