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Global Magnesium Carbonate Market Research Report 2021
SKU ID : QYR-19102351 | Publishing Date : 07-Sep-2021 | No. of pages : 116
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Magnesium carbonate, MgCO3 (CAS 546-93-0), is an inorganic salt that is a white solid. Several hydrated and basic forms of magnesium carbonate also exist as minerals.
The primary use of magnesium carbonate is the production of magnesium oxide by calcining. Magnesite and dolomite minerals are used to produce refractory bricks. MgCO3 is also used in flooring, fireproofing, Pulp & Paper Industry compositions, cosmetics, dusting powder, and toothpaste. Other applications are as filler material, smoke suppressant in plastics, a reinforcing agent in neoprene rubber, a drying agent, a laxative to loosen the bowels, and color retention in foods. In addition, high purity magnesium carbonate is used as antacid and as an additive in table salt to keep it free flowing.
The Magnesium Carbonate market covers Light Magnesium Carbonate, Heavy Magnesium Carbonate, etc. The typical players include Naikai Salt Industries Co.,LTD, Konoshima Chemical, SCORA S.A.S, Rahul Magnesia Pvt. Ltd., Bakhtawar Industries, Yingkou Magnesite Chemical, Hebei Gaolin, Zehui Chemical, etc.
Main firms in the global Magnesium Carbonate Market include Konoshima Chemical; Zehui Chemical, Naikai Salt Industries etc., with Zehui Chemical making up 13% of the global market. With Japanese and Chinese firms making up a great share of the global Magnesium Carbonate market, makes Asia-Pacific a huge market share holding region, making up more than half of the global Magnesium Carbonate market. In terms of product, Heavy Magnesium is the largest segment, with a share over 60%. And in terms of application, the largest application is in Plastic and Rubber, followed by Pharmaceuticals.
Market Analysis and Insights: Global Magnesium Carbonate Market
The global Magnesium Carbonate market was valued at US$ 67 million in 2020 and it is expected to reach US$ 86 million by the end of 2027, growing at a CAGR of 3.2% during 2021-2027.
Global Magnesium Carbonate Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Magnesium Carbonate Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Light Magnesium Carbonate
Heavy Magnesium Carbonate
Segment by Application
Pharmaceuticals
Plastic & Rubber
Personal Care & Cosmetics
Paints & Inks
Pulp & Paper
Food & Beverage
Others
By Company
Naikai Salt Industries Co.,LTD
Konoshima Chemical
Rahul Magnesia
SCORA S.A.S
Bakhtawar Industries
Hebei Gaolin
Zehui Chemical
Meishen
Xingtai Messi
Liaoning Xinghai Pharmaceutical
Yixing Lark Fine Chemical
Yingkou Magnesite Chemical
Dr. Paul Lohmann
Production by Region
Japan
China
Europe
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
The primary use of magnesium carbonate is the production of magnesium oxide by calcining. Magnesite and dolomite minerals are used to produce refractory bricks. MgCO3 is also used in flooring, fireproofing, Pulp & Paper Industry compositions, cosmetics, dusting powder, and toothpaste. Other applications are as filler material, smoke suppressant in plastics, a reinforcing agent in neoprene rubber, a drying agent, a laxative to loosen the bowels, and color retention in foods. In addition, high purity magnesium carbonate is used as antacid and as an additive in table salt to keep it free flowing.
The Magnesium Carbonate market covers Light Magnesium Carbonate, Heavy Magnesium Carbonate, etc. The typical players include Naikai Salt Industries Co.,LTD, Konoshima Chemical, SCORA S.A.S, Rahul Magnesia Pvt. Ltd., Bakhtawar Industries, Yingkou Magnesite Chemical, Hebei Gaolin, Zehui Chemical, etc.
Main firms in the global Magnesium Carbonate Market include Konoshima Chemical; Zehui Chemical, Naikai Salt Industries etc., with Zehui Chemical making up 13% of the global market. With Japanese and Chinese firms making up a great share of the global Magnesium Carbonate market, makes Asia-Pacific a huge market share holding region, making up more than half of the global Magnesium Carbonate market. In terms of product, Heavy Magnesium is the largest segment, with a share over 60%. And in terms of application, the largest application is in Plastic and Rubber, followed by Pharmaceuticals.
Market Analysis and Insights: Global Magnesium Carbonate Market
The global Magnesium Carbonate market was valued at US$ 67 million in 2020 and it is expected to reach US$ 86 million by the end of 2027, growing at a CAGR of 3.2% during 2021-2027.
Global Magnesium Carbonate Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Magnesium Carbonate Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Light Magnesium Carbonate
Heavy Magnesium Carbonate
Segment by Application
Pharmaceuticals
Plastic & Rubber
Personal Care & Cosmetics
Paints & Inks
Pulp & Paper
Food & Beverage
Others
By Company
Naikai Salt Industries Co.,LTD
Konoshima Chemical
Rahul Magnesia
SCORA S.A.S
Bakhtawar Industries
Hebei Gaolin
Zehui Chemical
Meishen
Xingtai Messi
Liaoning Xinghai Pharmaceutical
Yixing Lark Fine Chemical
Yingkou Magnesite Chemical
Dr. Paul Lohmann
Production by Region
Japan
China
Europe
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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.
