Magnesium hydroxide is the inorganic compound. It occurs in nature as the mineral brucite. It is a white solid with low solubility in water. Magnesium hydroxide is a common component of antacids, such as milk of magnesia, as well as laxatives. Natural magnesium hydroxide is used commercially as a fire retardant. Most industrially used magnesium hydroxide is produced synthetically. Like aluminum hydroxide, solid magnesium hydroxide has smoke suppressing and flame retardant properties. It is a key player in the family of inorganic flame retardant.
Magnesium hydroxide acts good flame retardant and smoke suppressant, and has been widely used many fields, such as plastics, rubber, coating and so on. Although magnesium hydroxide flame retardant has many substitutes, the products still achieves good growth in the past years.
Magnesium hydroxide flame retardant has two manufacturing process, chemical synthesis and physical smash. For chemical synthesis, the technology is high and mastered by leading manufacturers from Japan, USA and Europe. As for the physical smash, magnesium hydroxide mainly gets from the brucite. Physical smashed magnesium hydroxide has lower quality than that from chemical synthesis. Presently, most of producers in China supply physical smashed type magnesium hydroxide flame retardant to market. The quality offered by China local suppliers still has a gap with imported ones.
Global Magnesium Hydroxide Flame Retardants market size will increase to 600 Million US$ by 2026, from 480 Million US$ in 2020, at a CAGR of 2.8% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Magnesium Hydroxide Flame Retardants.
This report covers the present status and the future prospects of the global Magnesium Hydroxide Flame Retardants market for 2015-2026.
The report offers detailed coverage of Magnesium Hydroxide Flame Retardants industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Magnesium Hydroxide Flame Retardants by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Martin Marietta, Kyowa Chemical Industry, Magnifin, ICL, Huber Engineered Materials (HEM), Konoshima, Tateho Chemical, Nuova Sima, Russian Mining Chemical Company, Nikomag, Xinyang Minerals Group, XuSen, Jinan Taixing Fine Chemicals, Wanfeng, Fire Wall, Yinfeng Group
Market Segment as follows:
Market by Order Type
Chemical Synthesis
Physical Smash
Magnesium Hydroxide Flame Retardants Breakdown Data by Application
PVC
PE
Engineering Thermoplastics
Rubber
Other
Magnesium Hydroxide Flame Retardants Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Magnesium Hydroxide Flame Retardants market for the forecast period 2021 - 2026?
• What are the driving forces in the Magnesium Hydroxide Flame Retardants market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Magnesium Hydroxide Flame Retardants industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.