Market Overview:
The global magnesium tert-butoxide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for magnesium tert-butoxide in various applications such as organic synthesis, medicine, and others. Additionally, the growing demand for magnesium tert-butoxide in emerging countries is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
A magnesium salt of tert-butoxide, Mg(OBut)2. It is a colorless solid that is used as a reagent in organic synthesis.
Purity 85%-90%:
Purity 85%-90%, it's usage and growth factor in Magnesium Tert-Butoxide market? Purity of the product is defined as the percentage of content of element in a compound. It is used to test purity, separation, and concentration. The most common way to measure purity is by Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES).
Purity 90%-95%:
Purity 90%-95% is a type of orthoxylene that has been purified by the fractional distillation method. It contains about 90%-95% of orthoxylene and 5%-10% of other compounds. Orthoxylene is used as an intermediate product in manufacturing various chemicals such as methyl tert-butyl ether, 1,4 butanediol dihydrate, etc.
Application Insights:
The organic synthesis application segment led the global magnesium tert-butoxide market in 2017. The growing demand for chemical intermediates and other chemicals used in various industrial processes is expected to drive the product demand over the forecast period. In addition, increasing applications of magnesium tert-butoxide for manufacturing butyraldehyde and acetic acid is also estimated to propel industry growth over the next eight years.
Magnesium (Mg) plays a vital role in medicinal chemistry as an essential element for drug formulation. Mg acts as a cofactor required by enzymes such as lipases, esterases, and proteases; thus its inclusion improves their effectiveness leading to improved medicines with fewer side effects.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region comprises several emerging economies, such as China, India, and Japan. These countries are experiencing strong economic growth owing to various factors such as industrial development, urbanization, population expansion, etc.
The growing population coupled with rising living standards has led to an increase in consumer spending on luxury lifestyle products including cars and aircrafts among others. This trend is projected to have a positive impact on industry growth over the next eight years due to increasing demand for magnesium tert-butoxide for organic synthesis applications from these end-use industries.
Europe accounted for a major share of revenue in 2017 owing to high consumption of magnesium tert-butoxide related products from various application sectors including organic chemistry and medicine among others which include pharmaceuticals & chemicals (excluding antibiotics), textiles/ fabrics/ fibers composites along with other processing aids used in refining oils & greases among many others).
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and defense due to its properties such as light weight, high strength, and corrosion resistance.
- Growing demand for magnesium alloys in the automotive industry due to its superior mechanical properties as compared to other metals and alloys.
- Rising demand for magnesium compounds in various applications such as agriculture, pharmaceuticals, cosmetics etc. owing to their beneficial properties such as anti-inflammatory effects, skin care benefits etc.
- Technological advancements in the production of magnesium tert-butoxide which is resulting in reduction of manufacturing costs and making it more affordable for consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnesium Tert-Butoxide Market Research Report
By Type
Purity 85%-90%, Purity 90%-95%, Purity Above 95%
By Application
Organic Synthesis, Medicine, Other
By Companies
Albemarle, Yueyang Fuhe Technology, Aihua Chemical, Yuanguang Industry & Trade, Albemarle
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Magnesium Tert-Butoxide Market Report Segments:
The global Magnesium Tert-Butoxide market is segmented on the basis of:
Types
Purity 85%-90%, Purity 90%-95%, Purity Above 95%
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
Organic Synthesis, Medicine, 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:
- Albemarle
- Yueyang Fuhe Technology
- Aihua Chemical
- Yuanguang Industry & Trade
- Albemarle
Highlights of The Magnesium Tert-Butoxide 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:
- Purity 85%-90%
- Purity 90%-95%
- Purity Above 95%
- By Application:
- Organic Synthesis
- Medicine
- 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 Magnesium Tert-Butoxide 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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?
Magnesium tert-butoxide is a white, crystalline powder that is used as an oxidizer in the production of magnesium metal. It has a strong odor and can cause skin irritation.
Some of the key players operating in the magnesium tert-butoxide market are Albemarle, Yueyang Fuhe Technology, Aihua Chemical, Yuanguang Industry & Trade, Albemarle.
The magnesium tert-butoxide market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnesium Tert-Butoxide Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Magnesium Tert-Butoxide Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Magnesium Tert-Butoxide Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Magnesium Tert-Butoxide Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Magnesium Tert-Butoxide Market Size & Forecast, 2018-2028 4.5.1 Magnesium Tert-Butoxide Market Size and Y-o-Y Growth 4.5.2 Magnesium Tert-Butoxide Market Absolute $ Opportunity
Chapter 5 Global Magnesium Tert-Butoxide Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Magnesium Tert-Butoxide Market Size Forecast by Type
5.2.1 Purity 85%-90%
5.2.2 Purity 90%-95%
5.2.3 Purity Above 95%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Magnesium Tert-Butoxide Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Magnesium Tert-Butoxide Market Size Forecast by Applications
6.2.1 Organic Synthesis
6.2.2 Medicine
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnesium Tert-Butoxide Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Magnesium Tert-Butoxide Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Magnesium Tert-Butoxide Analysis and Forecast
9.1 Introduction
9.2 North America Magnesium Tert-Butoxide Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Magnesium Tert-Butoxide Market Size Forecast by Type
9.6.1 Purity 85%-90%
9.6.2 Purity 90%-95%
9.6.3 Purity Above 95%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Magnesium Tert-Butoxide Market Size Forecast by Applications
9.10.1 Organic Synthesis
9.10.2 Medicine
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Magnesium Tert-Butoxide Analysis and Forecast
10.1 Introduction
10.2 Europe Magnesium Tert-Butoxide Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Magnesium Tert-Butoxide Market Size Forecast by Type
10.6.1 Purity 85%-90%
10.6.2 Purity 90%-95%
10.6.3 Purity Above 95%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Magnesium Tert-Butoxide Market Size Forecast by Applications
10.10.1 Organic Synthesis
10.10.2 Medicine
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Magnesium Tert-Butoxide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Magnesium Tert-Butoxide Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Magnesium Tert-Butoxide Market Size Forecast by Type
11.6.1 Purity 85%-90%
11.6.2 Purity 90%-95%
11.6.3 Purity Above 95%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Magnesium Tert-Butoxide Market Size Forecast by Applications
11.10.1 Organic Synthesis
11.10.2 Medicine
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Magnesium Tert-Butoxide Analysis and Forecast
12.1 Introduction
12.2 Latin America Magnesium Tert-Butoxide Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Magnesium Tert-Butoxide Market Size Forecast by Type
12.6.1 Purity 85%-90%
12.6.2 Purity 90%-95%
12.6.3 Purity Above 95%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Magnesium Tert-Butoxide Market Size Forecast by Applications
12.10.1 Organic Synthesis
12.10.2 Medicine
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Magnesium Tert-Butoxide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Magnesium Tert-Butoxide Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Magnesium Tert-Butoxide Market Size Forecast by Type
13.6.1 Purity 85%-90%
13.6.2 Purity 90%-95%
13.6.3 Purity Above 95%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Magnesium Tert-Butoxide Market Size Forecast by Applications
13.10.1 Organic Synthesis
13.10.2 Medicine
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Magnesium Tert-Butoxide Market: Competitive Dashboard
14.2 Global Magnesium Tert-Butoxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Albemarle
14.3.2 Yueyang Fuhe Technology
14.3.3 Aihua Chemical
14.3.4 Yuanguang Industry & Trade
14.3.5 Albemarle