Magnesium Sulfate Market - Size, Overview, Research Report, Analysis, Growth, and Forecast 2022 – 2030

 MRFR recognizes the following companies as the key players in the global magnesium sulfate market—K+S Minerals and Agriculture GmbH (Germany), PQ Corporation (US), Nafine Chemical Industry Group Co. Ltd (India), UMAI CHEMICAL CO., Ltd (Japan), Giles Chemical (US), Morton Salt, Inc (US), Mani Agro Chem Pvt Ltd (India), Acuro Organics Limited (India), Balaji Industries (India), and Laizhou Guangcheng Chemical Co. Ltd. (China), among others.


Market Highlights

The global magnesium sulfate market is projected to be valued at USD 1334.6 million by the end of 2028, registering a CAGR of 4.5% during the forecast period.

Magnesium sulfate (MgSO4) is a chemical compound containing magnesium, sulfur, and oxygen. It is naturally found in seawater, mineral springs, and minerals such as kieserite and epsomite. It is commercially available in various types, including heptahydrate, monohydrate, anhydrous, or dried. Magnesium heptahydrate, also known as Epsom salt, is the most commonly available form of magnesium sulfate.


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 Segment Analysis

The global magnesium sulfate market has been segmented on the basis ofform, type, application, and region.

Based on form, the global magnesium sulfate market has been segmented into crystal, powder, and granules. The crystal segment accounted for the largest market share in 2020, owing to its widespread use in various applications such as agrochemicals, medical, textile, and food and beverage, among others.


 Covid Impact Analysis

The restrictions on travel and face-to-face meetings coupled with lockdown and curfews to limit the spread of the coronavirushave negatively impacted magnesium sulfate production due to the disruption in the supply chain across the globe.

The unavailability of labor and travel restrictions have posed a significant challenge for the farmers, resulting in decreased agricultural produce. The rising health concerns among the consumers have resulted in a massive decline in sales of dairy products. On the other hand, a growing inclination has been noticed toward consuming plant-based foods and beverages among consumers in 2020.



Key Findings of the Study:

The global magnesium sulfate market is projected to     reach a value of USD 1,535.01 millionby 2028with a CAGR of around     4.5%during the forecast period of 2021–2028.

Asia Pacific accounted for the largest market share     in 2020. This is due to the presence of major agro-based countries in the     region such as India, China, Thailand, and Indonesia, etc.

Asia-Pacific is expected to be the fastest-growing     regional market due to the fast-paced industrialization and urbanization     in emerging economies such as India, China, Thailand, and Malaysia as well     as high agricultural produce.


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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.


MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.


In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.


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