Magnesium Hydroxide Market Global Industry Analysis, size, share and Forecast 2021 - 2030 Global Magnesium Hydroxide Market: Overview Magnesium hydroxide is defined as an inorganic compound obtained by precipitation process between the magnesium salts and sodium, or potassium and ammonium hydroxide. Brucite, which is a form of natural magnesium, is used for commercial purposes such as fire retardant while most industrially used magnesium hydroxide is produced synthetically. Brucite may also crystallise in cement and concrete in contact with seawater. Magnesium hydroxide has chemical formula of Mg(OH)2. Commercial and industrial magnesium hydroxide is chemi cally manufactured from seawater or brine. Magnesium hydroxide is known as milk of magnesia owing to its milk - like appearance. This compound is less soluble in water. It possesses properties such as flame retardancy, low corrosiveness, and low toxicity. Gl obal Magnesium Hydroxide Market: Drivers and Restraints Rise in usage of magnesium hydroxide in industries such as pharmaceutical and healthcare owing to its specific properties is propelling the magnesium hydroxide market. Magnesium hydroxide is employed in antiperspirant deodorants, which is used on a large scale by the young generation population. This is augmenting the magnesium hydroxide market. Magnesium hydroxide is also used in fossil - fuel based power plants during the process of desulfurization. Th is is another factor driving the magnesium hydroxide market. Increase in usage of magnesium hydroxide in the water treatment industry is also boosting the magnesium hydroxide market. On the other hand, implementation of government regulations on the usage of magnesium hydroxide in the food industry is hampering the magnesium hydroxide market. Side effects such as allergic reactions, skin rashes, itching, and loss of appetite are also hindering the magnesium hydroxide market. Request A Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep _id=78585 Global Magnesium Hydroxide Market: Key Segments Based on the grade type, the mag nesium hydroxide market can be segmented into retardant grade, industrial grade, and pharmaceutical grade. In terms of end - use industry, the magnesium hydroxide market can be divided into rubber, building materials, magnesium salt, and activated magnesium oxide. Based on geography, the magnesium hydroxide market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the market in terms of revenue owing to the increase in adoption of magne sium hydroxide in chemical, oil, food, and water industries. The market in North America is followed by that in Europe in terms of value. The magnesium hydroxide market in Asia Pacific is expected to expand at a rapid pace during the forecast period owing to the rise in adoption of magnesium hydroxide in the building & construction industry. Global Magnesium Hydroxide Market: Key Players Key players operating in the magnesium hydroxide market include Nedmag Industries Mining & Manufacturing B.V., Nabaltec A G, Huber Engineering Materials, Kyowa Chemical Industry Company Limited, Konoshima Chemical Company Limited., Tateho Chemical Industries Company Limited, and Baymag Inc., Akzo Nobel N.V., Albemarle Corporation, Almatis GmbH, BASF SE, Chemtura Corporation, China Minmetals Nonferrous metals, Cyter Industries, Israel Chemicals etc. The report offers a comprehensive evaluation of the market. It does so via in - depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regio nal markets, technology, types, and applications. REQUEST FOR COVID19 IMPACT ANALYSIS – https://www.transparencymarketresearch.com/sample/sample.php?flag =covid 19&rep_id=78585 The study is a source of reliable data on: Market segments and sub - segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis Purchase A Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=78585< ype=S The regional analysis covers: North Ameri ca (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa) The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain. A separate analysis of prevailing trends in the parent market, macro - an d micro - economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period. Highlights of the report: A complete backdrop analysis , which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and ev aluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the m arket