Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Magnesium Derivatives Market by Type (Magnesia, Magnesium Sulfate, Magnesium Hydroxide, Other), By Application (Water Treatment, Medicine, Cosmetics, Animal Feed, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Magnesium Derivatives Market by Type (Magnesia, Magnesium Sulfate, Magnesium Hydroxide, Other), By Application (Water Treatment, Medicine, Cosmetics, Animal Feed, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 144387 3300 Chemical & Material 377 235 Pages 5 (50)

Market Overview:

The global magnesium derivatives 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 derivatives in various applications such as water treatment, medicine, cosmetics, animal feed and others. Additionally, the growing awareness about the benefits of magnesium derivatives is also propelling the market growth. However, volatility in prices of raw materials may restrain the market growth to some extent during the forecast period. On basis of type, magnesia accounted for a major share of global magnesium derivatives market in 2017 and is projected to maintain its dominance throughout 2030 owing to its high reactivity and versatile applications across various industries. Magnesium sulfate was second largest type segment in terms of revenue contribution followed by magnesium hydroxide and other types segments respectively in 2017. Amongst all applications studied; water treatment dominated with highest revenue share followed by medicine application segment during 2017-2030 period due both volume as well value sales increment over time driven by stringent government regulations pertaining wastewater discharge & effluent quality standards across globe coupled with rising consumer awareness about health benefits associated with using treated water globally .

Global Magnesium Derivatives Industry Outlook

Product Definition:

Magnesium derivatives are compounds that have magnesium atoms bonded to other elements. They are used in a variety of industries, including pharmaceuticals, agriculture and food production, and construction. Magnesium derivatives have a range of important properties, including water solubility, stability under heat and light exposure, and low toxicity.


Magnesia is a white or off-white crystalline powder, which is soluble in water and ethanol. It has the ability to convert into black powder when heated. Magnesium sulfate heptahydrate, commonly called as magnesia, is the most common form of magnesium found in nature. It occurs naturally as an accessory mineral in rocks and minerals including apatite and phosphates.

Magnesium Sulfate:

Magnesium sulfate is a salt which consists of magnesium ion and sulfur. It has a white powdery appearance. The chemical formula for magnesium sulfate is MgSO4X2+6H2O.

Application Insights:

The other application segment includes food & beverages, pharmaceuticals, paints and coatings, paper and pulp industry. The water treatment application is projected to be the fastest-growing over the forecast period owing to its ability to remove magnesium from water. It can also be used as a disinfectant in drinking water if it is properly processed.

Magnesium hydroxide (Mg(OH)2) has several applications in cosmetics including moisturizing creams and lotions that are applied directly onto the skin or into hair as a leave-in conditioner. It can also be used for body care products such as soaps where it acts as an abrasive which helps remove dirt from the skin while providing additional lather when soap meets magnesium hydroxide solution.

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, Indonesia, Malaysia and Thailand. These countries are experiencing strong economic growth owing to various factors such as rapid industrialization and urbanization along with increasing per capita income levels.

The growing population coupled with rising standards of living has led to an increase in demand for food products across Asia Pacific region. This has resulted in a rise in investments by various companies for manufacturing Magnesium Derivatives (Mags). For instance; In January 2016; Nippon Mags LLC., a Japan-based company announced its plans of investing around USD X million for constructing a new magnesium plant at Anupam Nagar near here Hyderabad, India which will be operational from 2018  to produce high purity magnesium hydroxide product suitable for pharmaceutical applications.

Growth Factors:

  • Increasing demand from end-use industries such as automotive, construction, and packaging
  • Growing awareness about the benefits of magnesium derivatives among consumers
  • Rising investments by key players in research and development to develop new products
  • Expansion of distribution networks by manufacturers to reach a wider customer base
  • Emergence of innovative applications for magnesium derivatives in various end-use industries

Scope Of The Report

Report Attributes

Report Details

Report Title

Magnesium Derivatives Market Research Report

By Type

Magnesia, Magnesium Sulfate, Magnesium Hydroxide, Other

By Application

Water Treatment, Medicine, Cosmetics, Animal Feed, Other

By Companies

Causmag International, GRECIAN MAGNESITE, IBAR Nordeste, Martin Marietta Magnesia Specialties, Sinwon Chemical, Baymag, YINGKOU MAGNESITE CHEMICAL IND GROUP, Oksihim, Tateho, Gongyi Qianghong Magnesium Technology, Compass Minerals, Karnalyte Resources, Intrepid Potash, OLE Chemical, K+S Group, NIKOMAG, RHI Magnesita

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Magnesium Derivatives Market Report Segments:

The global Magnesium Derivatives market is segmented on the basis of:


Magnesia, Magnesium Sulfate, Magnesium Hydroxide, Other

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.


Water Treatment, Medicine, Cosmetics, Animal Feed, 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:

  1. Causmag International
  3. IBAR Nordeste
  4. Martin Marietta Magnesia Specialties
  5. Sinwon Chemical
  6. Baymag
  8. Oksihim
  9. Tateho
  10. Gongyi Qianghong Magnesium Technology
  11. Compass Minerals
  12. Karnalyte Resources
  13. Intrepid Potash
  14. OLE Chemical
  15. K+S Group
  17. RHI Magnesita

Global Magnesium Derivatives Market Overview

Highlights of The Magnesium Derivatives Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Magnesia
    2. Magnesium Sulfate
    3. Magnesium Hydroxide
    4. Other
  1. By Application:

    1. Water Treatment
    2. Medicine
    3. Cosmetics
    4. Animal Feed
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Magnesium Derivatives 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
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Magnesium Derivatives Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Magnesium derivatives are a type of supplement that is derived from magnesium. These supplements can help to provide the body with the magnesium it needs. They can also help to improve overall health and well-being.

Some of the key players operating in the magnesium derivatives market are Causmag International, GRECIAN MAGNESITE, IBAR Nordeste, Martin Marietta Magnesia Specialties, Sinwon Chemical, Baymag, YINGKOU MAGNESITE CHEMICAL IND GROUP, Oksihim, Tateho, Gongyi Qianghong Magnesium Technology, Compass Minerals, Karnalyte Resources, Intrepid Potash, OLE Chemical, K+S Group, NIKOMAG, RHI Magnesita.

The magnesium derivatives 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. Magnesium Derivatives 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. Magnesium Derivatives Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Magnesium Derivatives Market - Supply Chain
   4.5. Global Magnesium Derivatives Market Forecast
      4.5.1. Magnesium Derivatives Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Magnesium Derivatives Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Magnesium Derivatives Market Absolute $ Opportunity

5. Global Magnesium Derivatives 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. Magnesium Derivatives Market Size and Volume Forecast by Type
      5.3.1. Magnesia
      5.3.2. Magnesium Sulfate
      5.3.3. Magnesium Hydroxide
      5.3.4. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Magnesium Derivatives 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. Magnesium Derivatives Market Size and Volume Forecast by Application
      6.3.1. Water Treatment
      6.3.2. Medicine
      6.3.3. Cosmetics
      6.3.4. Animal Feed
      6.3.5. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Magnesium Derivatives 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. Magnesium Derivatives 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 Magnesium Derivatives 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. Magnesium Derivatives 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 Magnesium Derivatives Demand Share Forecast, 2019-2026

9. North America Magnesium Derivatives 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 Magnesium Derivatives 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 Magnesium Derivatives Market Size and Volume Forecast by Application
      9.4.1. Water Treatment
      9.4.2. Medicine
      9.4.3. Cosmetics
      9.4.4. Animal Feed
      9.4.5. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Magnesium Derivatives Market Size and Volume Forecast by Type
      9.7.1. Magnesia
      9.7.2. Magnesium Sulfate
      9.7.3. Magnesium Hydroxide
      9.7.4. Other
   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 Magnesium Derivatives Demand Share Forecast, 2019-2026

10. Latin America Magnesium Derivatives 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 Magnesium Derivatives 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 Magnesium Derivatives Market Size and Volume Forecast by Application
      10.4.1. Water Treatment
      10.4.2. Medicine
      10.4.3. Cosmetics
      10.4.4. Animal Feed
      10.4.5. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Magnesium Derivatives Market Size and Volume Forecast by Type
      10.7.1. Magnesia
      10.7.2. Magnesium Sulfate
      10.7.3. Magnesium Hydroxide
      10.7.4. Other
   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 Magnesium Derivatives Demand Share Forecast, 2019-2026

11. Europe Magnesium Derivatives 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 Magnesium Derivatives 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 Magnesium Derivatives Market Size and Volume Forecast by Application
      11.4.1. Water Treatment
      11.4.2. Medicine
      11.4.3. Cosmetics
      11.4.4. Animal Feed
      11.4.5. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Magnesium Derivatives Market Size and Volume Forecast by Type
      11.7.1. Magnesia
      11.7.2. Magnesium Sulfate
      11.7.3. Magnesium Hydroxide
      11.7.4. Other
   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 Magnesium Derivatives Demand Share, 2019-2026

12. Asia Pacific Magnesium Derivatives 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 Magnesium Derivatives 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 Magnesium Derivatives Market Size and Volume Forecast by Application
      12.4.1. Water Treatment
      12.4.2. Medicine
      12.4.3. Cosmetics
      12.4.4. Animal Feed
      12.4.5. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Magnesium Derivatives Market Size and Volume Forecast by Type
      12.7.1. Magnesia
      12.7.2. Magnesium Sulfate
      12.7.3. Magnesium Hydroxide
      12.7.4. Other
   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 Magnesium Derivatives Demand Share, 2019-2026

13. Middle East & Africa Magnesium Derivatives 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 Magnesium Derivatives 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 Magnesium Derivatives Market Size and Volume Forecast by Application
      13.4.1. Water Treatment
      13.4.2. Medicine
      13.4.3. Cosmetics
      13.4.4. Animal Feed
      13.4.5. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Magnesium Derivatives Market Size and Volume Forecast by Type
      13.7.1. Magnesia
      13.7.2. Magnesium Sulfate
      13.7.3. Magnesium Hydroxide
      13.7.4. Other
   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 Magnesium Derivatives Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Magnesium Derivatives Market: Market Share Analysis
   14.2. Magnesium Derivatives Distributors and Customers
   14.3. Magnesium Derivatives Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Causmag International Overview Financials Developments Strategic Outlook
      14.4.2. GRECIAN MAGNESITE Overview Financials Developments Strategic Outlook
      14.4.3. IBAR Nordeste Overview Financials Developments Strategic Outlook
      14.4.4. Martin Marietta Magnesia Specialties Overview Financials Developments Strategic Outlook
      14.4.5. Sinwon Chemical Overview Financials Developments Strategic Outlook
      14.4.6. Baymag Overview Financials Developments Strategic Outlook
      14.4.7. YINGKOU MAGNESITE CHEMICAL IND GROUP Overview Financials Developments Strategic Outlook
      14.4.8. Oksihim Overview Financials Developments Strategic Outlook
      14.4.9. Tateho Overview Financials Developments Strategic Outlook
      14.4.10. Gongyi Qianghong Magnesium Technology Overview Financials Developments Strategic Outlook
      14.4.11. Compass Minerals Overview Financials Developments Strategic Outlook
      14.4.12. Karnalyte Resources Overview Financials Developments Strategic Outlook
      14.4.13. Intrepid Potash Overview Financials Developments Strategic Outlook
      14.4.14. OLE Chemical Overview Financials Developments Strategic Outlook
      14.4.15. K+S Group Overview Financials Developments Strategic Outlook
      14.4.16. NIKOMAG Overview Financials Developments Strategic Outlook
      14.4.17. RHI Magnesita Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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