Global Magnesium Hydroxide
Market Report
2025
The global Magnesium Hydroxide market size is USD 756.6 million in 2024. The use of magnesium hydroxide in flame retardants has increased are expected to boost sales to USD 1,137.65 million by 2031, with a Compound Annual Growth Rate (CAGR) of 6.0% from 2024 to 2031.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Magnesium Hydroxide market size will be USD 756.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Magnesium Hydroxide Market Sales Revenue | 121212 | $ 756.6 Million | 121212 | 121212 | 121212 | 6% |
North America Magnesium Hydroxide Market Sales Revenue | 121212 | $ 302.64 Million | 121212 | 121212 | 121212 | 4.2% |
Canada Magnesium Hydroxide Market Sales Revenue | 121212 | $ 36.32 Million | 121212 | 121212 | 121212 | 5% |
United States Magnesium Hydroxide Market Sales Revenue | 121212 | $ 238.78 Million | 121212 | 121212 | 121212 | 4% |
Mexico Magnesium Hydroxide Market Sales Revenue | 121212 | $ 27.54 Million | 121212 | 121212 | 121212 | 4.7% |
Europe Magnesium Hydroxide Market Sales Revenue | 121212 | $ 226.98 Million | 121212 | 121212 | 121212 | 4.5% |
Spain Magnesium Hydroxide Market Sales Revenue | 121212 | $ 18.61 Million | 121212 | 121212 | 121212 | 3.6% |
United Kingdom Magnesium Hydroxide Market Sales Revenue | 121212 | $ 38.13 Million | 121212 | 121212 | 121212 | 5.3% |
Russia Magnesium Hydroxide Market Sales Revenue | 121212 | $ 35.18 Million | 121212 | 121212 | 121212 | 3.5% |
Italy Magnesium Hydroxide Market Sales Revenue | 121212 | $ 19.52 Million | 121212 | 121212 | 121212 | 3.9% |
Germany Magnesium Hydroxide Market Sales Revenue | 121212 | $ 44.94 Million | 121212 | 121212 | 121212 | 4.7% |
France Magnesium Hydroxide Market Sales Revenue | 121212 | $ 20.88 Million | 121212 | 121212 | 121212 | 3.7% |
Rest of Europe Magnesium Hydroxide Market Sales Revenue | 121212 | $ 35.18 Million | 121212 | 121212 | 121212 | 3.2% |
Asia Pacific Magnesium Hydroxide Market Sales Revenue | 121212 | $ 174.02 Million | 121212 | 121212 | 121212 | 8% |
India Magnesium Hydroxide Market Sales Revenue | 121212 | $ 20.88 Million | 121212 | 121212 | 121212 | 9.8% |
Korea Magnesium Hydroxide Market Sales Revenue | 121212 | $ 17.4 Million | 121212 | 121212 | 121212 | 7.1% |
Japan Magnesium Hydroxide Market Sales Revenue | 121212 | $ 24.01 Million | 121212 | 121212 | 121212 | 6.5% |
China Magnesium Hydroxide Market Sales Revenue | 121212 | $ 78.31 Million | 121212 | 121212 | 121212 | 7.5% |
Australia Magnesium Hydroxide Market Sales Revenue | 121212 | $ 9.05 Million | 121212 | 121212 | 121212 | 7.7% |
Rest of APAC Magnesium Hydroxide Market Sales Revenue | 121212 | $ 12.36 Million | 121212 | 121212 | 121212 | 7.8% |
South America Magnesium Hydroxide Market Sales Revenue | 121212 | $ 37.83 Million | 121212 | 121212 | 121212 | 5.4% |
Colombia Magnesium Hydroxide Market Sales Revenue | 121212 | $ 3.37 Million | 121212 | 121212 | 121212 | 5.2% |
Argentina Magnesium Hydroxide Market Sales Revenue | 121212 | $ 6.36 Million | 121212 | 121212 | 121212 | 6.3% |
Brazil Magnesium Hydroxide Market Sales Revenue | 121212 | $ 16.19 Million | 121212 | 121212 | 121212 | 6% |
Chile Magnesium Hydroxide Market Sales Revenue | 121212 | $ 2.72 Million | 121212 | 121212 | 121212 | 5.7% |
Peru Magnesium Hydroxide Market Sales Revenue | 121212 | $ 3.1 Million | 121212 | 121212 | 121212 | 5.6% |
Rest of South America Magnesium Hydroxide Market Sales Revenue | 121212 | $ 6.09 Million | 121212 | 121212 | 121212 | 4.5% |
Middle East and Africa Magnesium Hydroxide Market Sales Revenue | 121212 | $ 15.13 Million | 121212 | 121212 | 121212 | 5.7% |
Turkey Magnesium Hydroxide Market Sales Revenue | 121212 | $ 1.3 Million | 121212 | 121212 | 121212 | 5.2% |
Egypt Magnesium Hydroxide Market Sales Revenue | 121212 | $ 1.59 Million | 121212 | 121212 | 121212 | 6% |
Rest of MEA Magnesium Hydroxide Market Sales Revenue | 121212 | $ 1.79 Million | 121212 | 121212 | 121212 | 4.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Form |
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Market Split by Grade |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Report scope is customizable as we have a huge database of Magnesium Hydroxide industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Magnesium Hydroxide Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Magnesium hydroxide is a naturally occurring element in brucite. Antacids like milk of magnesia include it. Magnesium hydroxide has many advantages, including excellent adsorption, high activity, non-cohesive, non-precipitating, remarkable fluidity, and ease of pumping, storing, utilizing, and changing. Magnesium hydroxide is, therefore, utilized for many different things, including flame retardants, food additives, water treatment, and more. Growth in the market is anticipated to be driven by the expansion of wastewater treatment facilities. For both adults and children, magnesium hydroxide is a short-term treatment for constipation. It comes in tablet, chewable tablet, and oral solution (liquid) forms. In addition, magnesium hydroxide is used as an antacid with other drugs to treat upset stomach, acid reflux, and heartburn.
August 2022, Magnesium hydroxide (1200 mg), aluminum hydroxide (1200 mg), and simethicone (120 mg) per 30 milliliters oral suspension are all included in Lot 20076A of Plastikon Healthcare, LLC. (Source: https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts/plastikon-healthcare-expands-voluntary-nationwide-recall-milk-magnesia-oral-suspension-and-magnesium )
In industrial manufacturing facilities, desulfurization and wastewater treatment are two major uses for magnesium hydroxide. In the pharmaceutical industry, magnesium hydroxide is mostly utilized as an antacid. Because of its natural flame-retardant qualities, magnesium hydroxide is a necessary component of rubber, plastics, and building supplies. Market expansion is being driven by the growing emphasis on fire safety, particularly in residential and commercial structures. Magnesium hydroxide is employed in a variety of chemical processes because it neutralizes acidic chemicals in the chemical industry. The need for magnesium hydroxide is closely tied to the growth of the chemical sector. The market is growing overall due to new uses in food additives, medicines, and personal care items.
There are several uses for magnesium hydroxide in wastewater treatment procedures. Magnesium hydroxide raises the pH of acidic water, making it more suitable for a variety of industrial uses, such as cooling towers, furnaces, and municipal water supply systems, as well as reducing corrosion. Magnesium hydroxide has two possible uses in wastewater treatment: flocculant and coagulant. It makes suspended particles easier to deposit and aggregate, which improves their capacity to separate from the water. This is especially helpful when purging water of turbidity and particle matter. The world's population is also rapidly increasing, and the world's freshwater resources are being seriously harmed by rising urbanization and industry. Twenty-two percent of the water used worldwide is used in industrial processes.
Overdosing on magnesium hydroxide can have a number of negative repercussions, which could hinder the global market for magnesium hydroxide's expansion. Diarrhea, vomiting, and cramping can result from consuming too many magnesium-containing products, such as large dosages of laxatives or antacids. Additionally, hypermagnesemia—a condition in which blood magnesium levels are severely elevated—is a risk for those with kidney disease. Hypermagnesemia manifests as respiratory discomfort, mood swings, muscle weakness, and arrhythmias. Magnesium hydroxide should be used carefully because of the possibility of these serious side effects. This could limit market growth as a result of raised knowledge of the hazards and regulatory scrutiny. The market for magnesium hydroxide products may be negatively impacted if consumers and healthcare providers become more aware of these dangers, impacting the overall market
The COVID-19 pandemic has had a detrimental effect on the worldwide magnesium hydroxide market because of the tight rules and lockdown that have caused the demand for magnesium hydroxide to decline. In addition, a shortage of labor and social distancing cause disruptions in the magnesium hydroxide production process. To avoid the COVID-19 epidemic from spreading, governments around the world, however, imposed stringent measures in 2020. These measures included stopping production and restricting construction activity, among other things. Because of the rule-easing, which promoted the expansion of the magnesium hydroxide industry, the supply chain was reestablished in 2021. The food sector is driving the growing need for magnesium hydroxide.
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The competitive landscape of the Magnesium Hydroxide market is characterized by a range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Magnesium Hydroxide companies, and emerging start-ups aiming to disrupt the market with innovative solutions.
January 2022: RHI Magnesita's (RHIM) MAGNIFIN Magnesiaprodukte GmbH & Co. was 50% owned by Huber Engineered Materials (HEM). The business's magnesium hydroxide market share will rise as a result of this acquisition. (Source: https://www.hubermaterials.com/news/2022.aspx ) February 2022: A strategic development agreement was established between Shionogi and Ube Industries for S-337395, a novel anti-RS virus drug candidate. By integrating Shionogi's drug development skills, the companies have been collaborating to identify small molecule compounds that effectively tackle the RS virus. (Source: https://www.shionogi.com/global/en/news/2022/2/e-20220228.html#:~:text=February%2028%2C%202022%20-%20Shionogi%20%26%20Co.%2C%20Ltd.,a%20novel%20anti-respiratory%20syncytial%20%28RS%29%20virus%20drug%20candidate )
Top Companies Market Share in Magnesium Hydroxide Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. The market for magnesium hydroxide in North America is anticipated to keep growing due to a mix of factors, including industrial growth, environmental concerns, and technological advancements. The need for fire-resistant materials in the building industry is driving the use of flame retardants based on magnesium hydroxide.
Asia Pacific stands out as the fastest-growing region in the Magnesium Hydroxide market. The expansion of end-user industries and the expanding growth and investments in the chemical and materials sector in the Asia-Pacific region are driving up the production and consumption of magnesium hydroxide. The Asia-Pacific region has a number of nations with economically viable and cost-effective production capacities. Consequently, these countries are important in improving magnesium hydroxide's availability and use.
The current report Scope analyzes Magnesium Hydroxide Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Magnesium Hydroxide market size was estimated at USD 756.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 302.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
According to Cognitive Market Research, the global Magnesium Hydroxide market size was estimated at USD 756.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 226.98 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
at USD 756.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 174.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
According to Cognitive Market Research, the global Magnesium Hydroxide market size was estimated at USD 756.6 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 37.83 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031. .
According to Cognitive Market Research, the global Magnesium Hydroxide market size was estimated at USD 756.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 15.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
Global Magnesium Hydroxide Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Magnesium Hydroxide Industry growth. Magnesium Hydroxide market has been segmented with the help of its Form, Grade Application, and others. Magnesium Hydroxide market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, liquid stands out as the dominant category over the projected period. Liquid magnesium hydroxide is used because it is simple to use and absorbs quickly, making it an effective way to treat endometriosis symptoms. Liquid magnesium hydroxide is becoming more and more popular as a preferable option over synthetic substitutes due to consumer demand for natural products.
Powder emerges as the fastest-growing category in the Magnesium Hydroxide market. Magnesium hydroxide powder finds extensive usage in a variety of fields, including chemicals, food processing, flame retardants, wastewater treatment, and medicines. Its market supremacy is partly attributed to its versatility and efficacy in these varied industries. Magnesium hydroxide powder is well-known in the industry because of its essential characteristics and uses. It is an essential part of preserving water quality since it is used in wastewater treatment to control pH levels and eliminate smells.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Magnesium Hydroxide Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the dominant category is technical/industrial. This particular grade of magnesium hydroxide is most commonly utilized in industrial settings because of its unique qualities and affordability. It is made using a number of processes, such as dolomite calcination, brine evaporation, and seawater electrolysis. Magnesium hydroxide is being used more often as an absorbent in wastewater treatment applications, acid neutralizers, and flue gas desulfurization.
The fastest-growing category in the Magnesium Hydroxide market is Pharma. The main uses for magnesium hydroxide are as a laxative and antacid. Because of its somewhat alkaline characteristics, which balance stomach acid, it relieves heartburn and indigestion. It functions as a laxative by attracting water to the intestines, which softens stool and promotes bowel motions.
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According to Cognitive Market Research, the dominant category is wastewater treatment. Because magnesium hydroxide can neutralize smells and control pH levels, it is a crucial element in the management of water quality and is used extensively in wastewater treatment. It is employed in bakeries, chemical processing factories, and meat processing facilities, among other businesses, in aerobic and anaerobic biological treatment systems. The growing need for effective and eco-friendly methods to treat acidic wastewater contaminated with industrial metals is the reason for the domination of the wastewater treatment market.
The fastest-growing category in the Magnesium Hydroxide market is pharmaceutical. The aging population and rising incidence of digestive problems are projected to fuel further growth in the pharmaceutical industry's magnesium hydroxide market. The pharmaceutical sector is the main user of magnesium hydroxide for its antacid and laxative properties. It is an important ingredient in many over-the-counter medicines due to its osmotic qualities and capacity to neutralize stomach acid.
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Conclusion
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Disclaimer:
Form | Powder, Liquid |
Grade | Food, Pharma, Technical/Industrial |
Application | Wastewater Treatment, Flue-Gas Desulphurisation, Flame Retardant, Pharmaceutical, Food Additive, Others |
List of Competitors | Huber Engineered Materials, Anish Chemicals, Israel Chemical Company, Kisuma, Nedmag B.V., Premier Magnesia LLC., Konoshima Chemical Co. Ltd., Xinyang Minerals Group, Ube Materials Industry, Niknam Chemicals Private Limited, Kyowa Chemical Industry Ltd. |
This chapter will help you gain GLOBAL Market Analysis of Magnesium Hydroxide. Further deep in this chapter, you will be able to review Global Magnesium Hydroxide Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Magnesium Hydroxide. Further deep in this chapter, you will be able to review North America Magnesium Hydroxide Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Magnesium Hydroxide. Further deep in this chapter, you will be able to review Europe Magnesium Hydroxide Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Magnesium Hydroxide. Further deep in this chapter, you will be able to review Asia Pacific Magnesium Hydroxide Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Magnesium Hydroxide. Further deep in this chapter, you will be able to review South America Magnesium Hydroxide Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Magnesium Hydroxide. Further deep in this chapter, you will be able to review Middle East and Africa Magnesium Hydroxide Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Magnesium Hydroxide. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Form Analysis 2019 -2031, will provide market size split by Form. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Form Analysis 2021 - 2033
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Chapter 11 Market Split by Grade Analysis 2021 - 2033
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Chapter 12 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Magnesium Hydroxide market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Powder have a significant impact on Magnesium Hydroxide market? |
What are the key factors affecting the Powder and Liquid of Magnesium Hydroxide Market? |
What is the CAGR/Growth Rate of Food during the forecast period? |
By type, which segment accounted for largest share of the global Magnesium Hydroxide Market? |
Which region is expected to dominate the global Magnesium Hydroxide Market within the forecast period? |
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