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 .
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:
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
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
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:
Types
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.
Applications
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:
- 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
Highlights of The Magnesium Derivatives 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:
- Magnesia
- Magnesium Sulfate
- Magnesium Hydroxide
- Other
- By Application:
- Water Treatment
- Medicine
- Cosmetics
- Animal Feed
- 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 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
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 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
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GRECIAN MAGNESITE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. IBAR Nordeste
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Martin Marietta Magnesia Specialties
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sinwon Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Baymag
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. YINGKOU MAGNESITE CHEMICAL IND GROUP
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Oksihim
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tateho
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gongyi Qianghong Magnesium Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Compass Minerals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Karnalyte Resources
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Intrepid Potash
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. OLE Chemical
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. K+S Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. NIKOMAG
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. RHI Magnesita
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
