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Global Anhydrous Magnesium Sulfate Sales Market Report 2020
SKU ID : QYR-16697885 | Publishing Date : 26-Oct-2020 | No. of pages : 148
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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.
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.
Market Analysis and Insights: Global Anhydrous Magnesium Sulfate Market
The global Anhydrous Magnesium Sulfate market size is projected to reach US$ 146.2 million by 2026, from US$ 120.4 million in 2020, at a CAGR of 3.3% during 2021-2026.
Global Anhydrous Magnesium Sulfate Scope and Market Size
The global Anhydrous Magnesium Sulfate market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Anhydrous 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 sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Anhydrous Magnesium Sulfate market is segmented into
Industrial Grade Anhydrous Magnesium Sulfate
Food Grade Anhydrous Magnesium Sulfate
Segment by Application, the Anhydrous Magnesium Sulfate market is segmented into
Industry
Agriculture
Food and Pharmaceutical Industry
The Anhydrous Magnesium Sulfate market is analysed and market size information is provided by regions (countries). Segment by Application, the Anhydrous Magnesium Sulfate market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Anhydrous Magnesium Sulfate market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Anhydrous Magnesium Sulfate business, the date to enter into the Anhydrous Magnesium Sulfate market, Anhydrous Magnesium Sulfate product introduction, recent developments, etc.
The major vendors covered:
K+S
UMAI CHEMICAL
Gee Gee Kay
Laiyu Chemical
Laizhou Kangxin
Laizhou Litong
Hongda Xingye
Laizhou Shouxi
Zibo Jinxing
Yantai Sanding
Weifang Huakang
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.
Market Analysis and Insights: Global Anhydrous Magnesium Sulfate Market
The global Anhydrous Magnesium Sulfate market size is projected to reach US$ 146.2 million by 2026, from US$ 120.4 million in 2020, at a CAGR of 3.3% during 2021-2026.
Global Anhydrous Magnesium Sulfate Scope and Market Size
The global Anhydrous Magnesium Sulfate market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Anhydrous 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 sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Anhydrous Magnesium Sulfate market is segmented into
Industrial Grade Anhydrous Magnesium Sulfate
Food Grade Anhydrous Magnesium Sulfate
Segment by Application, the Anhydrous Magnesium Sulfate market is segmented into
Industry
Agriculture
Food and Pharmaceutical Industry
The Anhydrous Magnesium Sulfate market is analysed and market size information is provided by regions (countries). Segment by Application, the Anhydrous Magnesium Sulfate market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Anhydrous Magnesium Sulfate Market Share AnalysisAnhydrous Magnesium Sulfate market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Anhydrous Magnesium Sulfate business, the date to enter into the Anhydrous Magnesium Sulfate market, Anhydrous Magnesium Sulfate product introduction, recent developments, etc.
The major vendors covered:
K+S
UMAI CHEMICAL
Gee Gee Kay
Laiyu Chemical
Laizhou Kangxin
Laizhou Litong
Hongda Xingye
Laizhou Shouxi
Zibo Jinxing
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.
- By product type
- By End User/Applications
- By Technology
- By Region
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.
