세계의 수산화마그네슘 시장 규모, 점유율, 동향 분석 리포트 : 형태별, 용도별, 지역별 전망과 예측(2023-2030년)

The Global Magnesium Hydroxide Market size is expected to reach $909.2 million by 2030, rising at a market growth of 5.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,875.8 hundred Tonnes experiencing a growth of 4.6% (2019-2022).

Magnesium hydroxide is used to neutralize acidic wastewater generated by various industries. Its alkaline properties make it an effective agent for raising the pH levels of acidic effluents, bringing them into compliance with environmental discharge regulations. Consequently, the Wastewater Treatment segment would acquire nearly 30% of the total market share by 2030. In water treatment, this chemical can be employed to precipitate heavy metals. It reacts with metal ions in water, forming insoluble hydroxide compounds that can be easily separated from the water, aiding in removing toxic metals. As industries and municipalities seek efficient and eco-friendly solutions, the market for this chemical in water treatment will likely continue growing.

This chemical is commonly used as a flame retardant in various construction materials, such as insulation, coatings, and cables. As safety regulations become more stringent in the construction industry, the demand for effective flame-retardant solutions, including this chemical, continues to rise. In concrete production, this chemical can control the pH levels. This is important for optimizing the properties of concrete mixtures, contributing to the overall quality and durability of construction materials. Thus, expanding the construction and infrastructure sector, particularly in emerging economies, is expected to continue driving the demand for this chemical. Additionally, Technological advancements in production methods, such as innovative extraction and refining techniques, can increase efficiency and cost-effectiveness in manufacturing this chemical. Additionally, technological advancements enable the customization of this chemical's properties to meet specific requirements in different industries. Continuous advancements in pharmaceutical technology may lead to the development of novel drug formulations and medical applications involving this chemical. Its role as an antacid and potential contributions to drug delivery systems could expand its presence in the pharmaceutical sector. Integrating digital technologies and automation in manufacturing processes contributes to better control and optimization of production parameters. This is particularly relevant in industries facing stringent environmental regulations. Due to the above-mentioned factors, the market is expected to grow.

However, this chemical is typically produced from magnesium oxide, and the cost of magnesium oxide is a significant component of the overall production cost. The prices of magnesium oxide experience volatility, it directly affects the production costs of this chemical. Volatility in raw material prices can squeeze profit margins for the manufacturers. Rapid and unpredictable changes in raw material costs may require manufacturers to adapt quickly to maintain competitiveness, and this adaptability can be challenging. Therefore, these factors will hinder the market expansion in the upcoming years.

By Form Analysis

On the basis of form, the market is segmented into slurry, powder, and others. The powder segment acquired a substantial revenue share in the market in 2022. Powdered magnesium hydroxide is widely used as a flame retardant in manufacturing plastics, rubber, and other materials. It removes water vapor when exposed to heat, cooling the material and suppressing the flames. The demand for flame retardants has been driven by safety regulations in the construction, automotive, and electronics industries. The powder can be used in agriculture to correct soil acidity and provide essential magnesium nutrients to plants. It is utilized as a soil conditioner to enhance crop yields.

By Application Analysis

Based on application, the market is fragmented into wastewater treatment, flue-gas desulphurisation, flame retardant, pharmaceutical, food additive, and others. The flue-gas desulphurisation segment garnered a significant revenue share in the market in 2022. This chemical hydroxide is used as an absorbent in wet scrubbing systems within FGD units. In this process, a slurry or solution of this chemical is sprayed or introduced into the flue gas stream. Sulfur dioxide is absorbed by the chemical, forming the magnesium sulfate precipitate. FGD systems employing this chemical contribute to the reduction of sulfur dioxide emissions, which are major contributors to acid rain and air pollution. Using this chemical in these systems helps power plants and industrial facilities comply with environmental regulations and emission standards.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific segment registered the highest revenue share in the market. Asia-Pacific is projected to register robust growth during the forecast period. This growth is attributed to a wide use of this chemical to prevent and treat a variety of common health issues, including migraine headaches, metabolic syndrome, diabetes, hyperlipidemia, asthma, premenstrual syndrome, preeclampsia, and numerous cardiac arrhythmias. Further, the pharmaceutical industry's growth is predicted to drive the market in the region during the forecast period.

List of Key Companies Profiled

• Elementis PLC
• Tateho Chemical Industries Co.,Ltd. (AIR WATER INC.)
• UBE Corporation
• Nedmag B.V.
• Loba Chemie Pvt ltd
• Konoshima Chemical Co., Ltd.
• Xinyang Minerals Group
• Premier Magnesia, LLC
• MARTIN MARIETTA MATERIALS, INC.

Global Magnesium Hydroxide Market Report Segmentation

By Form (Volume, Hundred Tonnes, USD Million, 2019-2030)

• Slurry
• Powder
• Others

By Application (Volume, Hundred Tonnes, USD Million, 2019-2030)

• Wastewater Treatment
• Flue-Gas Desulphurisation
• Flame Retardant
• Pharmaceutical
• Food Additive
• Others

By Geography (Volume, Hundred Tonnes, USD Million, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology

• 1.1 Market Definition
• 1.2 Objectives
• 1.3 Market Scope
• 1.4 Segmentation
  • 1.4.1 Global Magnesium Hydroxide Market, by Form
  • 1.4.2 Global Magnesium Hydroxide Market, by Application
  • 1.4.3 Global Magnesium Hydroxide Market, by Geography
• 1.5 Methodology for the research

Chapter 2. Market at a Glance

• 2.1 Key Highlights

Chapter 3. Market Overview

• 3.1 Introduction
  • 3.1.1 Overview
    • 3.1.1.1 Market Composition and Scenario
• 3.2 Key Factors Impacting the Market
  • 3.2.1 Market Drivers
  • 3.2.2 Market Restraints
  • 3.2.3 Market Opportunities
  • 3.2.4 Market Challenges
• 3.3 Porter Five Forces Analysis

Chapter 4. Global Magnesium Hydroxide Market by Form

• 4.1 Global Slurry Market by Region
• 4.2 Global Powder Market by Region
• 4.3 Global Others Market by Region

Chapter 5. Global Magnesium Hydroxide Market by Application

• 5.1 Global Wastewater Treatment Market by Region
• 5.2 Global Flue-Gas Desulphurisation Market by Region
• 5.3 Global Flame Retardant Market by Region
• 5.4 Global Pharmaceutical Market by Region
• 5.5 Global Food Additive Market by Region
• 5.6 Global Others Market by Region

Chapter 6. Global Magnesium Hydroxide Market by Region

• 6.1 North America Magnesium Hydroxide Market
  • 6.1.1 North America Magnesium Hydroxide Market by Form
    • 6.1.1.1 North America Slurry Market by Country
    • 6.1.1.2 North America Powder Market by Country
    • 6.1.1.3 North America Others Market by Country
  • 6.1.2 North America Magnesium Hydroxide Market by Application
    • 6.1.2.1 North America Wastewater Treatment Market by Country
    • 6.1.2.2 North America Flue-Gas Desulphurisation Market by Country
    • 6.1.2.3 North America Flame Retardant Market by Country
    • 6.1.2.4 North America Pharmaceutical Market by Country
    • 6.1.2.5 North America Food Additive Market by Country
    • 6.1.2.6 North America Others Market by Country
  • 6.1.3 North America Magnesium Hydroxide Market by Country
    • 6.1.3.1 US Magnesium Hydroxide Market
      • 6.1.3.1.1 US Magnesium Hydroxide Market by Form
      • 6.1.3.1.2 US Magnesium Hydroxide Market by Application
    • 6.1.3.2 Canada Magnesium Hydroxide Market
      • 6.1.3.2.1 Canada Magnesium Hydroxide Market by Form
      • 6.1.3.2.2 Canada Magnesium Hydroxide Market by Application
    • 6.1.3.3 Mexico Magnesium Hydroxide Market
      • 6.1.3.3.1 Mexico Magnesium Hydroxide Market by Form
      • 6.1.3.3.2 Mexico Magnesium Hydroxide Market by Application
    • 6.1.3.4 Rest of North America Magnesium Hydroxide Market
      • 6.1.3.4.1 Rest of North America Magnesium Hydroxide Market by Form
      • 6.1.3.4.2 Rest of North America Magnesium Hydroxide Market by Application
• 6.2 Europe Magnesium Hydroxide Market
  • 6.2.1 Europe Magnesium Hydroxide Market by Form
    • 6.2.1.1 Europe Slurry Market by Country
    • 6.2.1.2 Europe Powder Market by Country
    • 6.2.1.3 Europe Others Market by Country
  • 6.2.2 Europe Magnesium Hydroxide Market by Application
    • 6.2.2.1 Europe Wastewater Treatment Market by Country
    • 6.2.2.2 Europe Flue-Gas Desulphurisation Market by Country
    • 6.2.2.3 Europe Flame Retardant Market by Country
    • 6.2.2.4 Europe Pharmaceutical Market by Country
    • 6.2.2.5 Europe Food Additive Market by Country
    • 6.2.2.6 Europe Others Market by Country
  • 6.2.3 Europe Magnesium Hydroxide Market by Country
    • 6.2.3.1 Germany Magnesium Hydroxide Market
      • 6.2.3.1.1 Germany Magnesium Hydroxide Market by Form
      • 6.2.3.1.2 Germany Magnesium Hydroxide Market by Application
    • 6.2.3.2 UK Magnesium Hydroxide Market
      • 6.2.3.2.1 UK Magnesium Hydroxide Market by Form
      • 6.2.3.2.2 UK Magnesium Hydroxide Market by Application
    • 6.2.3.3 France Magnesium Hydroxide Market
      • 6.2.3.3.1 France Magnesium Hydroxide Market by Form
      • 6.2.3.3.2 France Magnesium Hydroxide Market by Application
    • 6.2.3.4 Russia Magnesium Hydroxide Market
      • 6.2.3.4.1 Russia Magnesium Hydroxide Market by Form
      • 6.2.3.4.2 Russia Magnesium Hydroxide Market by Application
    • 6.2.3.5 Spain Magnesium Hydroxide Market
      • 6.2.3.5.1 Spain Magnesium Hydroxide Market by Form
      • 6.2.3.5.2 Spain Magnesium Hydroxide Market by Application
    • 6.2.3.6 Italy Magnesium Hydroxide Market
      • 6.2.3.6.1 Italy Magnesium Hydroxide Market by Form
      • 6.2.3.6.2 Italy Magnesium Hydroxide Market by Application
    • 6.2.3.7 Rest of Europe Magnesium Hydroxide Market
      • 6.2.3.7.1 Rest of Europe Magnesium Hydroxide Market by Form
      • 6.2.3.7.2 Rest of Europe Magnesium Hydroxide Market by Application
• 6.3 Asia Pacific Magnesium Hydroxide Market
  • 6.3.1 Asia Pacific Magnesium Hydroxide Market by Form
    • 6.3.1.1 Asia Pacific Slurry Market by Country
    • 6.3.1.2 Asia Pacific Powder Market by Country
    • 6.3.1.3 Asia Pacific Others Market by Country
  • 6.3.2 Asia Pacific Magnesium Hydroxide Market by Application
    • 6.3.2.1 Asia Pacific Wastewater Treatment Market by Country
    • 6.3.2.2 Asia Pacific Flue-Gas Desulphurisation Market by Country
    • 6.3.2.3 Asia Pacific Flame Retardant Market by Country
    • 6.3.2.4 Asia Pacific Pharmaceutical Market by Country
    • 6.3.2.5 Asia Pacific Food Additive Market by Country
    • 6.3.2.6 Asia Pacific Others Market by Country
  • 6.3.3 Asia Pacific Magnesium Hydroxide Market by Country
    • 6.3.3.1 China Magnesium Hydroxide Market
      • 6.3.3.1.1 China Magnesium Hydroxide Market by Form
      • 6.3.3.1.2 China Magnesium Hydroxide Market by Application
    • 6.3.3.2 Japan Magnesium Hydroxide Market
      • 6.3.3.2.1 Japan Magnesium Hydroxide Market by Form
      • 6.3.3.2.2 Japan Magnesium Hydroxide Market by Application
    • 6.3.3.3 India Magnesium Hydroxide Market
      • 6.3.3.3.1 India Magnesium Hydroxide Market by Form
      • 6.3.3.3.2 India Magnesium Hydroxide Market by Application
    • 6.3.3.4 South Korea Magnesium Hydroxide Market
      • 6.3.3.4.1 South Korea Magnesium Hydroxide Market by Form
      • 6.3.3.4.2 South Korea Magnesium Hydroxide Market by Application
    • 6.3.3.5 Singapore Magnesium Hydroxide Market
      • 6.3.3.5.1 Singapore Magnesium Hydroxide Market by Form
      • 6.3.3.5.2 Singapore Magnesium Hydroxide Market by Application
    • 6.3.3.6 Malaysia Magnesium Hydroxide Market
      • 6.3.3.6.1 Malaysia Magnesium Hydroxide Market by Form
      • 6.3.3.6.2 Malaysia Magnesium Hydroxide Market by Application
    • 6.3.3.7 Rest of Asia Pacific Magnesium Hydroxide Market
      • 6.3.3.7.1 Rest of Asia Pacific Magnesium Hydroxide Market by Form
      • 6.3.3.7.2 Rest of Asia Pacific Magnesium Hydroxide Market by Application
• 6.4 LAMEA Magnesium Hydroxide Market
  • 6.4.1 LAMEA Magnesium Hydroxide Market by Form
    • 6.4.1.1 LAMEA Slurry Market by Country
    • 6.4.1.2 LAMEA Powder Market by Country
    • 6.4.1.3 LAMEA Others Market by Country
  • 6.4.2 LAMEA Magnesium Hydroxide Market by Application
    • 6.4.2.1 LAMEA Wastewater Treatment Market by Country
    • 6.4.2.2 LAMEA Flue-Gas Desulphurisation Market by Country
    • 6.4.2.3 LAMEA Flame Retardant Market by Country
    • 6.4.2.4 LAMEA Pharmaceutical Market by Country
    • 6.4.2.5 LAMEA Food Additive Market by Country
    • 6.4.2.6 LAMEA Others Market by Country
  • 6.4.3 LAMEA Magnesium Hydroxide Market by Country
    • 6.4.3.1 Brazil Magnesium Hydroxide Market
      • 6.4.3.1.1 Brazil Magnesium Hydroxide Market by Form
      • 6.4.3.1.2 Brazil Magnesium Hydroxide Market by Application
    • 6.4.3.2 Argentina Magnesium Hydroxide Market
      • 6.4.3.2.1 Argentina Magnesium Hydroxide Market by Form
      • 6.4.3.2.2 Argentina Magnesium Hydroxide Market by Application
    • 6.4.3.3 UAE Magnesium Hydroxide Market
      • 6.4.3.3.1 UAE Magnesium Hydroxide Market by Form
      • 6.4.3.3.2 UAE Magnesium Hydroxide Market by Application
    • 6.4.3.4 Saudi Arabia Magnesium Hydroxide Market
      • 6.4.3.4.1 Saudi Arabia Magnesium Hydroxide Market by Form
      • 6.4.3.4.2 Saudi Arabia Magnesium Hydroxide Market by Application
    • 6.4.3.5 South Africa Magnesium Hydroxide Market
      • 6.4.3.5.1 South Africa Magnesium Hydroxide Market by Form
      • 6.4.3.5.2 South Africa Magnesium Hydroxide Market by Application
    • 6.4.3.6 Nigeria Magnesium Hydroxide Market
      • 6.4.3.6.1 Nigeria Magnesium Hydroxide Market by Form
      • 6.4.3.6.2 Nigeria Magnesium Hydroxide Market by Application
    • 6.4.3.7 Rest of LAMEA Magnesium Hydroxide Market
      • 6.4.3.7.1 Rest of LAMEA Magnesium Hydroxide Market by Form
      • 6.4.3.7.2 Rest of LAMEA Magnesium Hydroxide Market by Application

Chapter 7. Company Profiles

• 7.1 Tateho Chemical Industries Co.,Ltd. (AIR WATER INC.)
  • 7.1.1 Company Overview
  • 7.1.2 Financial Analysis
• 7.2 UBE Corporation
  • 7.2.1 Company Overview
  • 7.2.2 Financial Analysis
  • 7.2.3 Segmental and Regional Analysis
  • 7.2.4 Research & Development Expenses
  • 7.2.5 SWOT Analysis
• 7.3 Nedmag B.V.
  • 7.3.1 Company Overview
  • 7.3.2 Recent strategies and developments:
    • 7.3.2.1 Partnerships, Collaborations, and Agreements:
• 7.4 Loba Chemie Pvt ltd
  • 7.4.1 Company Overview
• 7.5 Konoshima Chemical Co., Ltd.
  • 7.5.1 Company Overview
• 7.6 Xinyang Minerals Group
  • 7.6.1 Company Overview
• 7.7 Premier Magnesia, LLC
  • 7.7.1 Company Overview
• 7.8 Martin Marietta Materials, Inc.
  • 7.8.1 Company Overview
  • 7.8.2 Financial Analysis
  • 7.8.3 Segmental and Regional Analysis
• 7.9 Elementis PLC
  • 7.9.1 Company Overview
  • 7.9.2 Financial Analysis
  • 7.9.3 Segmental and Regional Analysis
  • 7.9.4 Research & Development Expenses

Chapter 8. Winning Imperatives of Magnesium Hydroxide