MAGNESIUM HYDROXIDE MARKET ANALYSIS

Regional Analysis

• North America: U.S. and Canada
• Latin America: Brazil, Mexico, and Rest of Latin America
• Europe:  EU 5 , Nordic, Benelux, Ukraine, and Rest of Europe
• Asia Pacific: China, India, Japan, South Korea, and Rest of Asia Pacific
• Middle East & Africa: GCC, South Africa, North Africa, and Rest of Middle East & Africa

Global Magnesium Hydroxide  Market– Regional Insights

Asia Pacific held the largest revenue share of 38.80  % in the global magnesium hydroxide  market in 2022, and is expected to maintain its dominance over the forecast period. Furthermore, Asia Pacific region is projected to be the fastest-growing region in the global magnesium hydroxide market during the forecast period. Moreover, due to technological developments and increasing demand to enhance the customer experience in China and Japan, the Asia Pacific market is expected to have the quickest rate of revenue growth. Expanding pharmaceutical sector is also expected to drive the global magnesium hydroxide market growth.

During the forecast period of 2023–2030, North America is expected to experience the fastest market growth, owing to numerous industry competitors and significant research & development (R&D) efforts power Magnesium Hydroxide is produced.