The magnesium sulfate market valuation of US$ 783.6 million in 2022 and further expand at a CAGR of 5.3% to reach US$ 1,351.2 million by the end of 2032.
Magnesium sulfate are created using the mineral magnesium sulphate. As a laxative, it is also used to treat eclampsia, a disorder that can develop during pregnancy. Magnesium sulphate can aid women with this illness by lowering blood pressure and preventing seizures.
Seawater and other naturally occurring minerals like kieserite and epsomite contain magnesium sulphate. Sulphuric acid and magnesium oxide can also be combined to create magnesium sulphate. The form of magnesium sulphate that is most frequently found is magnesium sulphate heptahydrate, also referred to as Epsom salt. In a wide range of sectors, including food, pharmaceuticals, and agriculture, it finds use as a flavour enhancer, firming agent, nutrient provider, and processing aid.
An inorganic salt comprised of magnesium, oxygen, and sulphur is known as magnesium sulphate (anhydrous). Magnesium sulphate has the chemical formula MgSO4. Other names for magnesium sulphate include English salt, bitter salt, and Epsom salt (heptahydrate). Additionally, there are hydrated forms of magnesium sulphate, such as monohydrate and heptahydrate. One and seven H2O molecules, respectively, are present in the monohydrate and heptahydrate forms of water. Epsomite, a heptahydrate sulphate mineral, is the most prevalent form of magnesium sulphate. Epsom salt is the most common name for it. Magnesium sulphate is a solid that is white and crystalline. In water, magnesium sulphate has a very high solubility. Magnesium sulphate has no smell to it. Magnesium sulphate is typically obtained directly from natural sources, however it can be manufactured by neutralising sulfuric acid with magnesium carbonate or oxide to produce the heptahydrate form.
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The pulp and paper industry uses magnesium sulphate as a bleaching agent. It is additionally utilised as an additive to enhance the paper’s whiteness. The product has become more well-liked in other fields, including agriculture, pharmaceuticals, and food additives. With a revenue share of over 60%, agricultural applications dominated the global magnesium sulphate market.
The primary driver of demand growth in the next years is anticipated to be the growing requirement to produce high agricultural yields along with the significant growth of the global agricultural industry. Additionally, the forecast period will bring about new opportunities for the growth of the global magnesium sulphate industry due to the growing use of magnesium sulphate in the personal care & cosmetics sector to formulate a variety of important personal care products, including hair products, skincare products, sun-tan products, and skin fresheners.
Drug producers are creating drugs that are effective for rare diseases in response to the growing global demand for effective treatments. For a number of clinical applications, magnesium sulphate has been developed as a medication. During the projected period, the world’s ageing population and the pharmaceutical industry’s continued expansion are likely to fuel the growth of the global magnesium sulphate market.
Global Magnesium Sulphate Market: Major Players
Laizhou Guangcheng Chemical
Aldeon
UMAI CHEMICAL
Litong
K+S KALI GmbH
Yingkou
Haviland
Fengjun
Giles
PQ Corporation
Global Magnesium Sulphate Market: By Types
Magnesium Sulfate Heptahydrate
Magnesium Sulfate Monohydrate
Magnesium Sulfate Anhydrous
Others
Global Magnesium Sulphate Market: By Applications
Agricultural
Livestock
Industrial
Pharmaceutical
Others
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The following questions were answered in the Magnesium Sulphate market report:
- What is the market size of the globalMagnesium Sulphateindustry during the forecasted period?
- What is the essential strategy available for the growth and development of the globalMagnesium Sulphatemarket?
- What are the key segments explained in the globalMagnesium Sulphatemarket report?
- What are the strategical phases determined for marking an entry of the players in the globalMagnesium Sulphatemarket?
- What are the major governing frameworks and technology trends involved in the market?
