Global Magnesium Hydroxide Market Trends and Opportunity Analysis 2022
Magnesium Hydroxide Market Size
According to research report published by research cosmos analysts, Magnesium Hydroxide market Size is valued at USD $ 1198 Million by 2022, and it is expected to register CAGR 3.69% annual growth rate during the forecasting period.
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What are the growth driving factors of Magnesium Hydroxide Market?
The increase in the use of magnesium hydroxide in industries such as pharmaceutical and health due to its specific properties is driving the market. Magnesium hydroxide is used in antiperspirant deodorants, widely used by younger generations, which increases the market for magnesium hydroxide
Leading region in Magnesium Hydroxide Market
North America dominates the market in terms of turnover due to the increasing adoption in the chemical, oil, food and water industries. The North American market is followed by Europe in value.
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Major Key players in Magnesium Hydroxide Market include
- Nedmag Industries Mining & Manufacturing B.V.
- Nabaltec AG
- Huber Engineering Materials
- Kyowa Chemical Industry Company Limited
- 5+ More
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