Global Magnesium Hydroxide Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form;

Liquid Magnesium Hydroxide, and Powder Magnesium Hydroxide.

By Grade;

Industrial, Food, and Pharmaceutical.

By Application;

Flue-Gas Desulphurization & Wastewater Treatment, Pharmaceuticals, Chemicals & Others, and Flame Retardants.

By End User ;

Industrial, Pharmaceutical, Municipal, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn125929324 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Magnesium Hydroxide Market (USD Million), 2021 - 2031

In the year 2024, the Global Magnesium Hydroxide Market was valued at USD 923.55 million. The size of this market is expected to increase to USD 1,265.27 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

The global magnesium hydroxide market is witnessing significant growth, driven by its diverse applications and increasing demand across various sectors. Magnesium hydroxide, a versatile compound with the chemical formula Mg(OH)₂, is used in a wide range of industries, including environmental management, pharmaceuticals, and industrial processes. Its unique properties, such as high thermal stability, effectiveness as an acid neutralizer, and non-toxicity, contribute to its expanding role in both established and emerging markets.

One of the primary drivers of market growth is the increasing use of magnesium hydroxide in environmental applications. It is widely utilized in wastewater treatment facilities to neutralize acidic conditions and remove contaminants. Its ability to effectively neutralize acidic compounds and precipitate heavy metals makes it an essential component in maintaining water quality and compliance with environmental regulations. As global environmental standards become stricter and the need for efficient waste management solutions grows, the demand for magnesium hydroxide in environmental applications is expected to rise.

In the pharmaceutical and personal care industries, magnesium hydroxide is valued for its role as an antacid and laxative. Its effectiveness in neutralizing stomach acid and relieving constipation supports its continued use in over-the-counter medications. The growing focus on health and wellness, coupled with increasing consumer awareness of effective and safe over-the-counter remedies, drives the demand for magnesium hydroxide in these sectors. Its non-toxic nature and efficacy contribute to its popularity as a key ingredient in various health-related products.

The industrial sector also contributes to the growth of the magnesium hydroxide market. It is used as a fire retardant in plastics and as a filler in rubber products, leveraging its high thermal stability and flame-resistant properties. Additionally, magnesium hydroxide plays a role in the production of magnesium-based chemicals and materials, enhancing the performance and safety of industrial products. The expansion of industrial activities and the increasing focus on developing fire-resistant and high-performance materials drive demand for magnesium hydroxide in this sector.

The market for magnesium hydroxide is growing across several regions. Asia-Pacific leads the market due to rapid industrialization, expanding environmental infrastructure, and rising pharmaceutical and personal care demands. North America and Europe also show significant growth, driven by stringent environmental regulations and advanced industrial applications. As global awareness of environmental issues and health products increases, the magnesium hydroxide market is set to expand further, supported by ongoing innovations and diverse applications across different regions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Grade
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Magnesium Hydroxide Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental Regulations
        2. Pharmaceutical Demand
        3. Industrial Applications
        4. Health and Wellness Trends
      2. Restraints
        1. Raw Material Costs
        2. Regulatory Compliance
        3. Market Competition
        4. Supply Chain Disruptions
      3. Opportunities
        1. Emerging Markets
        2. Sustainable Technologies
        3. Innovative Applications
        4. Expansion in Wastewater Treatment
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Magnesium Hydroxide Market, By Form, 2021 - 2031 (USD Million)
      1. Liquid Magnesium Hydroxide
      2. Powder Magnesium Hydroxide
    2. Global Magnesium Hydroxide Market, By Grade, 2021 - 2031 (USD Million)
      1. Industrial
      2. Food
      3. Pharmaceutical
    3. Global Magnesium Hydroxide Market, By Application, 2021 - 2031 (USD Million)
      1. Gas Desulphurization & Wastewater Treatment
      2. Pharmaceuticals
      3. Chemicals & Others, and Flame Retardants
    4. Global Magnesium Hydroxide Market, By End User, 2021 - 2031 (USD Million)
      1. Industrial
      2. Pharmaceutical
      3. Municipal
      4. Others
    5. Global Magnesium Hydroxide Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nedmag Industries Mining & Manufacturing
      2. Nabaltec
      3. Huber Engineering Materials
      4. Kyowa Chemical Industry
      5. Konoshima Chemicals
  7. Analyst Views
  8. Future Outlook of the Market