Global and China Magnesium Sulfate Market Insights, Forecast to 2027

SKU ID : QYR-18691779 | Publishing Date : 05-Jul-2021 | No. of pages : 162

Magnesium sulfate is a white, crystalline powder, or brilliant colourless crystals, usually needle-like. It is freely soluble in water, more rapidly soluble in boiling water, and practically insoluble in alcohol.
The major players in the industry are K+S, Sinomagchem and Laiyu Chemical, accounting for 27.14%, 16.14% and 4.48% of the revenue in 2019, respectively. By region, consumption in the Asia-Pacific region was the highest at 62.76 percent.

Market Analysis and Insights: Global and China Magnesium Sulfate Market
This report focuses on global and China Magnesium Sulfate market.
In 2020, the global Magnesium Sulfate market size was US$ 616.3 million and it is expected to reach US$ 860.5 million by the end of 2027, with a CAGR of 4.9% during 2021-2027. In China the Magnesium Sulfate market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Magnesium Sulfate Scope and Market Size
Magnesium Sulfate market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Magnesium Sulfate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Magnesium Sulfate market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Anhydrous Magnesium Sulfate
Hydrous Magnesium Sulfate
As of 2019, hydrous magnesium sulfate segment dominate the market contributing more than 78% of the revenue market.

Segment by Application
Agriculture
Industry
Food and Pharmaceutical Industry
Others
The agriculture holds an important share in terms of applications, and accounts for more than 74% of the market share in 2019.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
K+S
Giles
PQ Corporation
Aldeon
UMAI CHEMICAL
Mani Agro Chem
Gee Gee Kay
Haifa
Penoles
Sinomagchem
Laiyu Chemical
Laizhou Kangxin
Laizhou Litong
Hongda Xingye
Laizhou Shouxi
Zibo Jinxing
Nafine
Tianjin Changlu Haijing
Yantai Sanding
Weifang Huakang

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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