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Industrial Grade Magnesium Sulfate Anhydrous Market, Global Outlook and Forecast 2023-2029

Industrial Grade Magnesium Sulfate Anhydrous Market, Global Outlook and Forecast 2023-2029

  • Published on : 05 April 2023
  • Pages :73
  • Report Code:SMR-7629995

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Report overview

The global Industrial Grade Magnesium Sulfate Anhydrous market was valued at US$ 102.3 million in 2022 and is projected to reach US$ 127.2 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.

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 Industrial Grade Magnesium Sulfate Anhydrous, 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 Industrial Grade Magnesium Sulfate Anhydrous. This report contains market size and forecasts of Industrial Grade Magnesium Sulfate Anhydrous in global, including the following market information:
Global Industrial Grade Magnesium Sulfate Anhydrous Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Industrial Grade Magnesium Sulfate Anhydrous Market Sales, 2018-2023, 2024-2029, (Tons)

Global top five Industrial Grade Magnesium Sulfate Anhydrous companies in 2022 (%)

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 Industrial Grade Magnesium Sulfate Anhydrous 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 Industrial Grade Magnesium Sulfate Anhydrous Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Industrial Grade Magnesium Sulfate Anhydrous Market Segment Percentages, by Type, 2022 (%)
  • Powdered
  • Granular
Global Industrial Grade Magnesium Sulfate Anhydrous Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Industrial Grade Magnesium Sulfate Anhydrous Market Segment Percentages, by Application, 2022 (%)
  • Pharmaceutical
  • Printing and Dyeing
  • Other
Global Industrial Grade Magnesium Sulfate Anhydrous Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Industrial Grade Magnesium Sulfate Anhydrous 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 Industrial Grade Magnesium Sulfate Anhydrous revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Industrial Grade Magnesium Sulfate Anhydrous revenues share in global market, 2022 (%)
  • Key companies Industrial Grade Magnesium Sulfate Anhydrous sales in global market, 2018-2023 (Estimated), (Tons)
  • Key companies Industrial Grade Magnesium Sulfate Anhydrous sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • UMAI CHEMICAL
  • K+S
  • PQ Corporation
  • Celtic Chemicals
  • AKO KASEI
  • Yantai Sanding Chemical
  • Gee Gee Kay
  • Weifang Taiju Chemical
  • Weifang Jiuzhuo Chemical
  • Weifang Shengchuan Chemical
  • Shandong Hechan Chemical
  • Shandong Zibo Chemical
  • Shanghai Qiren Chemical
  • Shouguang Hengyi Chemical Technology
Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Industrial Grade Magnesium Sulfate Anhydrous, market overview.
  • Chapter 2: Global Industrial Grade Magnesium Sulfate Anhydrous market size in revenue and volume.
  • Chapter 3: Detailed analysis of Industrial Grade Magnesium Sulfate Anhydrous 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 Industrial Grade Magnesium Sulfate Anhydrous 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 Industrial Grade Magnesium Sulfate Anhydrous 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.