Report overview
Anhydrous magnesium sulfate, chemical formula: MgSO4, colorless orthorhombic crystal. Soluble in water, ethanol, glycerin, insoluble in acetone. It is used in the pharmaceutical and printing and dyeing industries. It can also be used as a desiccant, feed, fertilizer or compound fertilizer. It is also a raw material for the production of magnesium oxide.
This report aims to provide a comprehensive presentation of the global market for Anhydrous Magnesium Sulfate, 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 Anhydrous Magnesium Sulfate. This report contains market size and forecasts of Anhydrous Magnesium Sulfate in global, including the following market information:
Global Anhydrous Magnesium Sulfate Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Anhydrous Magnesium Sulfate Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Anhydrous Magnesium Sulfate companies in 2022 (%)
The global Anhydrous Magnesium Sulfate market was valued at US$ 127.9 million in 2022 and is projected to reach US$ 159 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Among various applications of anhydrous magnesium sulfate, demand from industrial accounts for the largest share. In 2019, the field consumed approximately 73% of the market share, mainly from the paper industry and ABS industry.
Asia Pacific is the largest consumption region of anhydrous magnesium sulfate, with a market share of about 54% in 2019. Europe and North America account for a huge part of the rest, occupying nearly 32% and 8% of the global market, respectively.
The key players in the global Anhydrous Magnesium Sulfate market are like K+S and Laiyu Chemical, Hongda Xingye , Laizhou Kangxin, etc. The top 5 companies totally hold almost 65% of the global market in 2019.
We surveyed the Anhydrous Magnesium Sulfate 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 Anhydrous Magnesium Sulfate Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Anhydrous Magnesium Sulfate Market Segment Percentages, by Type, 2022 (%)
Industrial Grade Anhydrous Magnesium Sulfate
Food Grade Anhydrous Magnesium Sulfate
Global Anhydrous Magnesium Sulfate Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Anhydrous Magnesium Sulfate Market Segment Percentages, by Application, 2022 (%)
Industry
Agriculture
Food and Pharmaceutical Industry
Global Anhydrous Magnesium Sulfate Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Anhydrous Magnesium Sulfate 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 Anhydrous Magnesium Sulfate revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Anhydrous Magnesium Sulfate revenues share in global market, 2022 (%)
Key companies Anhydrous Magnesium Sulfate sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Anhydrous Magnesium Sulfate sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
K+S
UMAI CHEMICAL
Gee Gee Kay
Laiyu Chemical
Laizhou Kangxin
Laizhou Litong
Hongda Xingye
Laizhou Shouxi
Zibo Jinxing
Yantai Sanding
Weifang Huakang
Outline of Major Chapters:
Chapter 1: Introduces the definition of Anhydrous Magnesium Sulfate, market overview.
Chapter 2: Global Anhydrous Magnesium Sulfate market size in revenue and volume.
Chapter 3: Detailed analysis of Anhydrous Magnesium Sulfate 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 type, 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 Anhydrous Magnesium Sulfate 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 Anhydrous Magnesium Sulfate 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.
