Product Code: GVR-4-68040-594-9
Magnesium Hydroxide Market Growth & Trends:
The global magnesium market size is anticipated to reach USD 2,063.6 million by 2030 and is projected to grow at a CAGR of 7.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is propelled by a robust set of production- and application-side drivers. Government-led industrial diversification policies and incentives further attract investments into large-scale, sustainable salt manufacturing projects. Technological innovation, including advanced membrane separation and automation, enhances purity, reduces environmental impact, and improves cost efficiency.
The industrial grade segment dominated the market, as it plays an important role in the chemical sector, particularly for the chlor-alkali process used in manufacturing chlorine and caustic soda. This demand was bolstered by the growth of petrochemical hubs in regions like the Middle East and Asia, where industrial diversification plans and low-cost energy made salt-based chemical production more viable. Additionally, industrial-grade salt saw consistent consumption from water treatment plants, textile processing, and metallurgical operations.
In water treatment, magnesium hydroxide serves as an alkalinity booster and sludge conditioner, neutralizing acidic streams in industrial effluents, this makes it a good option for long-term wastewater treatment projects. Additional benefits which make magnesium hydroxide more attractive to end users are its buffering ability which provides the added benefit of excellent pH control, and its handling properties. Unlike caustic soda, magnesium hydroxide is non-hazardous and non-corrosive when used properly which makes handling safer and easier.
The Asia-Pacific region leads the magnesium hydroxide industry, driven by the rise in demand in its uses as an antacid and laxative in over-the-counter medicines. With the expansion of global healthcare infrastructure and increasing consumer awareness of gastrointestinal health, the pharmaceutical demand for magnesium hydroxide is also rising.
Magnesium Hydroxide Market Report Highlights:
- The industrial-grade magnesium hydroxide dominated the market with a revenue share of 76.3% in 2024, during the forecast period. Magnesium hydroxide underscoring its entrenched role in critical environmental and industrial processes. This dominance is a direct outcome of tightening global environmental regulations and the growing urgency around sustainable industrial practices. The flame-retardants segment in industrial grade is expected to grow fastest during the forecast period.
- Asia Pacific is the dominant region for the magnesium hydroxide market and is expected to witness a CAGR of 8.0% from 2025-2030. This growth is attributed to robust economic growth in China and Southeast Asia, rapid urbanization, and chemical processing & wastewater treatment plant expansion.
- In September 2023, Nedmag launched "Veendammer," a magnesium-enriched, reduced-salt cheese in collaboration with cheese farmer Slob. Marketed under the Pure Health & Earth brand, it offers 120 mg of magnesium per 100g, promoting heart and muscle health while lowering sodium intake making a key addition in food grade application.
Table of Contents
Chapter 1. Methodology And Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Magnesium Hydroxide Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Magnesium Hydroxide Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Outlook
- 3.3. Price Trend Analysis, 2018-2030
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-Environmental Analysis
Chapter 4. Magnesium Hydroxide Market: Application Estimates & Trend Analysis
- 4.1. Application Movement Analysis & Market Share, 2023 & 2030
- 4.2. Magnesium Hydroxide Market Estimates & Forecast, By Application, 2018 To 2030 (Kilotons) (USD Million)
- 4.3. Industrial Grade
- 4.3.1. Industrial Grade Magnesium Hydroxide Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.3.1.1. Industrial Grade Magnesium Hydroxide Market Estimates And Forecasts, By water Treatment, 2018 - 2030 (Kilotons) (USD Million)
- 4.3.1.2. Industrial Grade Magnesium Hydroxide Market Estimates And Forecasts, By Flue Gas Desulfurization, 2018 - 2030 (Kilotons) (USD Million)
- 4.3.1.3. Industrial Grade Magnesium Hydroxide Market Estimates And Forecasts, By Flame Retardants, 2018 - 2030 (Kilotons) (USD Million)
- 4.3.1.4. Industrial Grade Magnesium Hydroxide Market Estimates And Forecasts, By Pulp & Paper, 2018 - 2030 (Kilotons) (USD Million)
- 4.4. Pharmaceutical Grade
- 4.4.1. Pharmaceutical Grade Magnesium Hydroxide Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.5. Food Grade
- 4.5.1. Food Grade Magnesium Hydroxide Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.6. Other Grades
- 4.6.1. Other Grades Magnesium Hydroxide Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Magnesium Hydroxide Market: Regional Estimates & Trend Analysis
- 5.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 5.2. Americas
- 5.2.1. Americas Magnesium Hydroxide Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.2. U.S.
- 5.2.2.1. Key Country Dynamics
- 5.2.2.2. U.S. Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.3. Canada
- 5.2.3.1. Key Country Dynamics
- 5.2.3.2. Canada Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.4. Mexico
- 5.2.4.1. Key Country Dynamics
- 5.2.4.2. Mexico Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.5. Argentina
- 5.2.5.1. Key Country Dynamics
- 5.2.5.2. Argentina Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.6. Chile
- 5.2.6.1. Key Country Dynamics
- 5.2.6.2. Chile Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.3. Europe
- 5.3.1. Europe Magnesium Hydroxide Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.2. Germany
- 5.3.2.1. Key Country Dynamics
- 5.3.2.2. Germany Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.3. UK
- 5.3.3.1. Key Country Dynamics
- 5.3.3.2. UK Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.4. Hungary
- 5.3.4.1. Key Country Dynamics
- 5.3.4.2. Hungary Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.5. Italy
- 5.3.5.1. Key Country Dynamics
- 5.3.5.2. Italy Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.6. Spain
- 5.3.6.1. Key Country Dynamics
- 5.3.6.2. Spain Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.3.7. Russia
- 5.3.7.1. Key Country Dynamics
- 5.3.7.2. Russia Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.4. Asia Pacific
- 5.4.1. Asia Pacific Magnesium Hydroxide Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.2. China
- 5.4.2.1. Key Country Dynamics
- 5.4.2.2. China Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.3. India
- 5.4.3.1. Key Country Dynamics
- 5.4.3.2. India Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.4. Japan
- 5.4.4.1. Key Country Dynamics
- 5.4.4.2. Japan Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.5. South Korea
- 5.4.5.1. Key Country Dynamics
- 5.4.5.2. South Korea Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.6. Australia
- 5.4.6.1. Key Country Dynamics
- 5.4.6.2. Australia Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.7. Kazakhstan
- 5.4.7.1. Key Country Dynamics
- 5.4.7.2. Kazakhstan Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.4.8. Malaysia
- 5.4.8.1. Key Country Dynamics
- 5.4.8.2. Malaysia Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.5. Middle East & Africa
- 5.5.1. Middles East & Africa Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.2. Saudi Arabia
- 5.5.2.1. Key Country Dynamics
- 5.5.2.2. Saudi Arabia Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.3. South Africa
- 5.5.3.1. Key Country Dynamics
- 5.5.3.2. South Africa Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.4. Qatar
- 5.5.4.1. Key Country Dynamics
- 5.5.4.2. Qatar Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.5. Oman
- 5.5.5.1. Key Country Dynamics
- 5.5.5.2. Oman Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.6. Lebanon
- 5.5.6.1. Key Country Dynamics
- 5.5.6.2. Lebanon Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.7. Morocco
- 5.5.7.1. Key Country Dynamics
- 5.5.7.2. Morocco Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.5.8. Algeria
- 5.5.8.1. Key Country Dynamics
- 5.5.8.2. Algeria Magnesium Hydroxide Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Magnesium Hydroxide Market - Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Company Categorization
- 6.3. Company Market Share/Position Analysis, 2023
- 6.4. Company Heat Map Analysis
- 6.5. Regional Market Analysis
- 6.6. Strategy Mapping
- 6.7. Company Profiles
- 6.7.1. Kyowa Chemical Industry Co., Ltd.
- 6.7.1.1. Participant's Overview
- 6.7.1.2. Financial Performance
- 6.7.1.3. Product Benchmarking
- 6.7.1.4. Recent Developments
- 6.7.2. Elementis PLC
- 6.7.2.1. Participant's Overview
- 6.7.2.2. Financial Performance
- 6.7.2.3. Product Benchmarking
- 6.7.2.4. Recent Developments
- 6.7.3. Nikomag
- 6.7.3.1. Participant's Overview
- 6.7.3.2. Financial Performance
- 6.7.3.3. Product Benchmarking
- 6.7.3.4. Recent Developments
- 6.7.4. Premier Magnesia, LLC
- 6.7.4.1. Participant's Overview
- 6.7.4.2. Financial Performance
- 6.7.4.3. Product Benchmarking
- 6.7.4.4. Recent Developments
- 6.7.5. ICL
- 6.7.5.1. Participant's Overview
- 6.7.5.2. Financial Performance
- 6.7.5.3. Product Benchmarking
- 6.7.5.4. Recent Developments
- 6.7.6. Huber Engineered Materials
- 6.7.6.1. Participant's Overview
- 6.7.6.2. Financial Performance
- 6.7.6.3. Product Benchmarking
- 6.7.6.4. Recent Developments
- 6.7.7. Konoshima Chemical Co.,Ltd.
- 6.7.7.1. Participant's Overview
- 6.7.7.2. Financial Performance
- 6.7.7.3. Product Benchmarking
- 6.7.7.4. Recent Developments
- 6.7.8. UBE Corporation
- 6.7.8.1. Participant's Overview
- 6.7.8.2. Financial Performance
- 6.7.8.3. Product Benchmarking
- 6.7.8.4. Recent Developments
- 6.7.9. Nedmag B.V.
- 6.7.9.1. Participant's Overview
- 6.7.9.2. Financial Performance
- 6.7.9.3. Product Benchmarking
- 6.7.9.4. Recent Developments
- 6.7.10. Xinyang Minerals Group
- 6.7.10.1. Participant's Overview
- 6.7.10.2. Financial Performance
- 6.7.10.3. Product Benchmarking
- 6.7.10.4. Recent Developments
- 6.7.11. Martin Marietta Magnesia Specialties
- 6.7.11.1. Participant's Overview
- 6.7.11.2. Financial Performance
- 6.7.11.3. Product Benchmarking
- 6.7.11.4. Recent Developments
- 6.7.12. Tateho Chemical Industries Co.,Ltd.
- 6.7.12.1. Participant's Overview
- 6.7.12.2. Financial Performance
- 6.7.12.3. Product Benchmarking
- 6.7.12.4. Recent Developments