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.
According to this study, over the next five years the Magnesium Hydroxide Flame Retardants market will register a 3.3% CAGR in terms of revenue, the global market size will reach US$ 580 million by 2024, from US$ 480 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Magnesium Hydroxide Flame Retardants business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnesium Hydroxide Flame Retardants market by product type, application, key manufacturers and key regions and countries.
This study considers the Magnesium Hydroxide Flame Retardants value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Chemical Synthesis
Physical Smash
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
PVC
PE
Engineering Thermoplastics
Rubber
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Magnesium Hydroxide Flame Retardants consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Magnesium Hydroxide Flame Retardants market by identifying its various subsegments.
Focuses on the key global Magnesium Hydroxide Flame Retardants manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Magnesium Hydroxide Flame Retardants with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Magnesium Hydroxide Flame Retardants submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Magnesium Hydroxide Flame Retardants . Industry analysis & Market Report on Magnesium Hydroxide Flame Retardants is a syndicated market report, published as Global Magnesium Hydroxide Flame Retardants Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Magnesium Hydroxide Flame Retardants market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.