Magnesium hydroxide is an inorganic alkaline chemical that forms naturally in the forming mineral (brucite) when magnesia is hydrated. It is utilized in environmental applications such wastewater treatment, the desulfurization of flue gases, and the production of flame retardants and smoke suppressants. It is utilized in the pharmaceutical business as antacids or laxatives. Additionally, it is utilized in abrasives, leather, pulp bleaching, fuel additives, and other things. The creation of ceramics, salts, lubricating oil, and food additives are further applications.
Global Magnesium Hydroxide Market was valued at US$ 773.0 Billion in 2022, exhibiting a CAGR of 6.9 %, in terms of revenue, over the forecast period (2023 to 2030) to reach US$ 1,319.6 Billion by 2030.
Prominent Companies in the Magnesium Hydroxide Industry:
1. Nabaltec AG
Nabaltec AG was founded in 1994 and it’s headquarter in Bavaria, Germany. The company operates in 40 countries.
2. Huber Engineering Materials
Huber Engineering Materials was launch in 1883. And I’ts headquarter - Edison, New Jersey, United States. It operate over 20 country.
3. Kyowa Chemical Industry Co. Ltd
Kyowa Chemical Industry Co. Ltd, was launch in 1952 and it’s headquarter located in Japan..it operate over 50 country .
4 Konoshima Chemicals Co. Ltd
Konoshima Chemicals Co. Ltd was launch in 1917 and it’s headquarter located in Osaka, Japan. It operate over 18+ country. Konoshima is an inorganic chemical manufacturer that consistently produces chemicals
5. Tateho Chemical Industries Co
Tateho Chemical Industries Co. Founded in 1966, its headquarters located in Tokyo, Japan. With businesses in over 35 countries. Tateho Chemical Industries is a manufacturer of magnesium oxide, magnesium hydroxide, electro-fused magnesium oxide,
6 Baymag Inc
Baymag Inc was launch 1982 and its headquarter Alberta/Canada. It operate over 36 country. 2018 2023 — Baymag Inc introduced Garrison Minerals, well-established as a US-based supplier of magnesia and magnesium hydroxide.
7. Sakai Chemical Industries Co. Ltd
Sakai Chemical Industries Co. Ltd .Founded in 1918. Its headhunters Japan. With businesses in over 40countries. Sakai Chemical always anticipates the future with an eye on the market and customers while aiming to create new value by bringing new materials and technologies
*Definition: - Magnesium hydroxide is an inorganic alkaline compound that is produced by hydration of magnesia, and is found in nature in the forming mineral (brucite).
