Report overview
Magnesium sulfate heptahydrate 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.
This report aims to provide a comprehensive presentation of the global market for Magnesium Sulfate Heptahydrate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnesium Sulfate Heptahydrate. This report contains market size and forecasts of Magnesium Sulfate Heptahydrate in global, including the following market information:
Global Magnesium Sulfate Heptahydrate Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Magnesium Sulfate Heptahydrate Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Magnesium Sulfate Heptahydrate companies in 2022 (%)
The global Magnesium Sulfate Heptahydrate market was valued at US$ 296.3 million in 2022 and is projected to reach US$ 345.1 million by 2029, at a CAGR of 2.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Magnesium Sulfate Heptahydrate key players include Sinomagchem, Laiyu Chemical, K+S, Giles, etc.
China is the largest market, with a share about 40%, followed by Europe, and North America, both have a share about 20 percent.
In terms of product, Agricultural Grade is the largest segment, with a share nearly 90%. And in terms of application, the largest application is Fertilizer, followed by Industrial, Pharmaceuticals, Feed, etc.
We surveyed the Magnesium Sulfate Heptahydrate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Magnesium Sulfate Heptahydrate Market, by Product Category, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Magnesium Sulfate Heptahydrate Market Segment Percentages, by Product Category, 2022 (%)
Agricultural Grade
Technical Grade
Pharmaceutical Grade
Global Magnesium Sulfate Heptahydrate Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Magnesium Sulfate Heptahydrate Market Segment Percentages, by Application, 2022 (%)
Fertilizer
Feed
Pharmaceutical
Industrial
Others
Global Magnesium Sulfate Heptahydrate Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Magnesium Sulfate Heptahydrate Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Magnesium Sulfate Heptahydrate revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Magnesium Sulfate Heptahydrate revenues share in global market, 2022 (%)
Key companies Magnesium Sulfate Heptahydrate sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Magnesium Sulfate Heptahydrate sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Giles
PQ Corporation
K+S
Aldeon
UMAI CHEMICAL
Mani Agro Chem
Gee Gee Kay
Sinomagchem
Laiyu Chemical
Laizhou Kangxin
Laizhou Litong
Hongda Xingye
Laizhou Shouxi
Zibo Jinxing
Outline of Major Chapters:
Chapter 1: Introduces the definition of Magnesium Sulfate Heptahydrate, market overview.
Chapter 2: Global Magnesium Sulfate Heptahydrate market size in revenue and volume.
Chapter 3: Detailed analysis of Magnesium Sulfate Heptahydrate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by product category, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Magnesium Sulfate Heptahydrate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Magnesium Sulfate Heptahydrate capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
