Magnesium Carbonate Market Size, Share, Trends, Growth 2032
Magnesium Carbonate Market By Type (Heavy Magnesium Carbonate and Light Magnesium Carbonate), By End-User (Pharmaceuticals, Magnesium Oxide Production, Personal Care & Cosmetics, Plastic & Rubber Industry, and Paints & Inks), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 340.42 Million | USD 514.68 Million | 4.7% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Magnesium Carbonate Market, 2016–2026 (USD Million)
- 2.2. Magnesium Carbonate Market: Snapshot
- Chapter 3. Global Magnesium Carbonate Market– Industry Analysis
- 3.1. Magnesium Carbonate Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Large-scale use of magnesium carbonate in personal care & cosmetics sector will steer the expansion of the industry over the years to come.
- 3.2.2. Humungous demand for the compound across healthcare & pharma sectors will propel the expansion of the market in the forthcoming.
- 3.3. Porter’s Five Forces Analysis
- 3.4. Market Attractiveness Analysis
- 3.4.1. Market attractiveness analysis By Type
- 3.4.2. Market attractiveness analysis By End-User
- Chapter 4. Global Magnesium Carbonate Market– Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Magnesium Carbonate Market: company market share, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Product launches
- 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Magnesium Carbonate Market– Type Analysis
- 5.1. Global Magnesium Carbonate Market overview: By Type
- 5.1.1. Global Magnesium Carbonate Market share, By Type, 2019 and 2026
- 5.2. Heavy Magnesium Carbonate
- 5.2.1. Global Magnesium Carbonate Market By Heavy Magnesium Carbonate , 2016–2026 (USD Million)
- 5.3. Light Magnesium Carbonate
- 5.3.1. Global Magnesium Carbonate Market By Light Magnesium Carbonate, 2016–2026 (USD Million)
- 5.1. Global Magnesium Carbonate Market overview: By Type
- Chapter 6. Global Magnesium Carbonate Market– End-User Analysis
- 6.1. Global Magnesium Carbonate Market overview: By End-User
- 6.1.1. Global Magnesium Carbonate Market share, By End-User , 2019 and 2026
- 6.2. Pharmaceuticals
- 6.2.1. Global Magnesium Carbonate Market By Pharmaceuticals, 2016–2026 (USD Million)
- 6.3. Magnesium Oxide Production
- 6.3.1. Global Magnesium Carbonate Market By Magnesium Oxide Production, 2016–2026 (USD Million)
- 6.4. Personal Care & Cosmetics
- 6.4.1. Global Magnesium Carbonate Market By Personal Care & Cosmetics, 2016–2026 (USD Million)
- 6.5. Plastic & Rubber Industry
- 6.5.1. Global Magnesium Carbonate Market By Plastic & Rubber Industry, 2016–2026 (USD Million)
- 6.6. Paints & Inks
- 6.6.1. Global Magnesium Carbonate Market By Paints & Inks, 2016–2026 (USD Million)
- 6.1. Global Magnesium Carbonate Market overview: By End-User
- Chapter 7. Company Profiles
- 7.1. Konoshima Chemical
- 7.1.1. Overview
- 7.1.2. Financials
- 7.1.3. Product Portfolio
- 7.1.4. Business Strategy
- 7.1.5. Recent Developments
- 7.2. Naikai Salt Industries Co., Ltd.
- 7.2.1. Overview
- 7.2.2. Financials
- 7.2.3. Product Portfolio
- 7.2.4. Business Strategy
- 7.2.5. Recent Developments
- 7.3. SCORA S.A.S
- 7.3.1. Overview
- 7.3.2. Financials
- 7.3.3. Product Portfolio
- 7.3.4. Business Strategy
- 7.3.5. Recent Developments
- 7.4. Bakhtawar Industries
- 7.4.1. Overview
- 7.4.2. Financials
- 7.4.3. Product Portfolio
- 7.4.4. Business Strategy
- 7.4.5. Recent Developments
- 7.5. Rahul Magnesia Pvt. Ltd.
- 7.5.1. Overview
- 7.5.2. Financials
- 7.5.3. Product Portfolio
- 7.5.4. Business Strategy
- 7.5.5. Recent Development
- 7.6. Hebei Gaulin
- 7.6.1. Overview
- 7.6.2. Financials
- 7.6.3. Product Portfolio
- 7.6.4. Business Strategy
- 7.6.5. Recent Development
- 7.7. Yingkou Magnesite Chemical
- 7.7.1. Overview
- 7.7.2. Financials
- 7.7.3. Product Portfolio
- 7.7.4. Business Strategy
- 7.7.5. Recent Development
- 7.8. Xingtai Messi
- 7.8.1. Overview
- 7.8.2. Financials
- 7.8.3. Product Portfolio
- 7.8.4. Business Strategy
- 7.8.5. Recent Development
- 7.9. Zehui Chemical
- 7.9.1. Overview
- 7.9.2. Financials
- 7.9.3. Product Portfolio
- 7.9.4. Business Strategy
- 7.9.5. Recent Development
- 7.10. Yixing Lark Fine Chemical
- 7.10.1. Overview
- 7.10.2. Financials
- 7.10.3. Product Portfolio
- 7.10.4. Business Strategy
- 7.10.5. Recent Development
- 7.11. Liaoning Xinghai Pharmaceutical
- 7.11.1. Overview
- 7.11.2. Financials
- 7.11.3. Product Portfolio
- 7.11.4. Business Strategy
- 7.11.5. Recent Development
- 7.12. Dandong Yulong
- 7.12.1. Overview
- 7.12.2. Financials
- 7.12.3. Product Portfolio
- 7.12.4. Business Strategy
- 7.12.5. Recent Development
- 7.13. Meishen
- 7.13.1. Overview
- 7.13.2. Financials
- 7.13.3. Product Portfolio
- 7.13.4. Business Strategy
- 7.13.5. Recent Development
- 7.1. Konoshima Chemical
Table Of Figures
List of Figures
1. Market research process
2. Market research methodology
3. Global Magnesium Carbonate Market, 2016–2026 (USD Million)
4. Porter’s Five Forces Analysis
5. Global Magnesium Carbonate Market attractiveness, By Type
6. Global Magnesium Carbonate Market attractiveness, By End-User
7. Global Magnesium Carbonate Market Share By Type,2019 and 2026 (USD Million)
8. Global Magnesium Carbonate Market by Heavy Magnesium Carbonate,2016–2026 (USD Million)
9. Global Magnesium Carbonate Market, By Light Magnesium Carbonate, 2016–2026 (USD Million)
10. Global Magnesium Carbonate Market Share by End-User ,2019 and 2026 (USD Million)
11. Global Magnesium Carbonate Market by Pharmaceuticals,2016–2026 (USD Million)
12. Global Magnesium Carbonate Market by Magnesium Oxide Production ,2016–2026 (USD Million)
13. Global Magnesium Carbonate Market by Personal Care & Cosmetics,2016–2026 (USD Million)
14. Global Magnesium Carbonate Market by Plastic & Rubber Industry,2016–2026 (USD Million)
15. Global Magnesium Carbonate Market by Paints & Inks,2016–2026 (USD Million)
16. Global Magnesium Carbonate Market share, by Region, 2019 and 2026
17. North America Magnesium Carbonate Market, 2016–2026 (USD Million)
18. Europe Magnesium Carbonate Market, 2016–2026 (USD Million)
19. Asia Pacific Magnesium Carbonate Market, 2016–2026 (USD Million)
20. Latin America Magnesium Carbonate Market, 2016–2026 (USD Million)
21. The Middle East and Africa Magnesium Carbonate Market, 2016–2026 (USD Million)
Table Of Tables
List of Tables
1. Global Magnesium Carbonate Market: snapshot
2. Drivers of the Magnesium Carbonate Market: impact analysis
3. North America Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
4. North America Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
5. The U.S. Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
6. The U.S. Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
7. Rest of North America Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
8. Rest of North America Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
9. Europe Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
10. Europe Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
11. UK Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
12. UK Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
13. France Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
14. France Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
15. Germany Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
16. Germany Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
17. Rest of Europe Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
18. Rest of Europe Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
19. Asia Pacific Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
20. Asia Pacific Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
21. China Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
22. China Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
23. Japan Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
24. Japan Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
25. India Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
26. India Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
27. Rest of Asia Pacific Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
28. Rest of Asia Pacific Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
29. Latin America Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
30. Latin America Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
31. Brazil Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
32. Brazil Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
33. Rest of Latin America Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
34. Rest of Latin America Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
35. The Middle East and Africa Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
36. The Middle East and Africa Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
37. Saudi Arabia Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
38. Saudi Arabia Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
39. South Africa Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
40. South Africa Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
41. Rest of the Middle East & Africa Magnesium Carbonate Market revenue, By Type, 2016–2026 (USD Million)
42. Rest of the Middle East & Africa Magnesium Carbonate Market revenue, By End-User, 2016–2026 (USD Million)
Methodology
FrequentlyAsked Questions
Massive acceptance of magnesium carbonate in pharma sector and personal care & cosmetics sector will steer the expansion of magnesium carbonate industry over the ensuing years. In addition to this, escalating use of magnesium carbonate in flame retardants & smoke suppressants along with huge funding in research activities for new products are projected to embellish the scope of the business over the forecast timespan. In addition to this, the escalating utility of the compound in production of magnesium oxide is predicted to contribute notably towards the market size in the years ahead.
According to a report from Zion Market Research, the global Magnesium Carbonate Market was valued at USD 340.42 Million in 2023 and is projected to hit USD 514.68 Million by 2032, with a compound annual growth rate (CAGR) of 4.7% during the forecast period 2024-2032.
Asia Pacific is likely to make noteworthy contributions towards overall market revenue. The growth of the industry in the sub-continent over the estimated timespan is attributed to thriving ceramic & glass and cement industries in the countries like India and China. Apart from this, large-scale production of paper in China will further contribute towards the regional market size over the forthcoming years. Furthermore, flourishing chemical as well as petrochemical sectors in the region along with presence of key manufacturers in Asia Pacific will drive the market trends in Asia Pacific zone over the forecast timespan.
The key players profiled in the report include Rahul Magnesia Pvt. Ltd.; SCORA S.A.S; Konoshima Chemical; Dandong Yulong; Yixing Lark Fine Chemical; Bakhtawar Industries; Liaoning Xinghai Pharmaceutical; Naikai Salt Industries Co., Ltd.; Hebei Gaolin; Xingtai Messi; Yingkou Magnesite Chemical; Zehui Chemical; and Meishen. With growing focus of firms on minimizing the environmental degradation and rise in the awareness among the industrialists about corporate social responsibility has resulted in the organizations finding new ways to reduce GHG emissions in the atmosphere through launching of new products that emit less carbon in air.
The chemical formula for magnesium carbonate is MgCO3, and it appears in the form of a white powdered material. It is a form of magnesium salt that occurs naturally and can be found in rocks such as dolomite and magnesite. It is called magnesium chloride. Magnesium carbonate is an ingredient that is frequently used in a variety of contexts, including as an antacid to cure heartburn, as a food additive to avoid caking, and as a supplement to supply magnesium to the body. In addition to its use in medicine and nutrition, magnesium carbonate is also utilised in a variety of industrial processes, including the production of cement, ceramics, and paper, amongst other things. In addition to that, it can function as a filler material in rubber and plastic products, as well as a component in cosmetics and other personal care items.
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