"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Magnesium Carbonate Market Size, Share & Industry Analysis, By Product (Heavy Magnesium Carbonate, Light Magnesium Carbonate), By End-Use (Pharmaceuticals, Rubber, Plastic, Chemical, Personal Care & Cosmetics, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103005 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Magnesium carbonate (MgCO3), is a white, inorganic salt also known as dolomite. Magnesium carbonate is obtained from magnesite ore. It is insoluble in water and any inorganic solvent. Magnesium carbonate is used in flooring, fire extinguishing, cosmetics, pharmaceuticals, personal care products, as filler, smoke suppressant, reinforcing agent and other. Moreover, it is also used as a food additive and drying agent. Rise in spending on lifestyle attributed to the rise in disposable income is boosting the demand for cosmetics, personal care products further boosting the magnesium carbonate market.  


Additionally, adoption of magnesium carbonate in various end-use industries like plastic, rubber, automotive, aerospace, and pharmaceuticals is expected to drive the market potentially. It is used as antacid and filler in other tablets. Additionally, it is used as primary raw material for production of magnesium oxide and other derivatives.

Up Arrow

Key Market Driver -

Increasing use of magnesium carbonate in cosmetic industry.

Down Arrow

Key Market Restraint -

Side effects due to excess consumption of MgCO3 .


However, side effect on the gastrointestinal functioning due to the excess consumption of magnesium is likely to hamper the market growth which causes acute diarrhoea and flatulence.

Market Segmentation:


Based on product, the magnesium carbonate market is segmented into light and heavy magnesium carbonate. Based on end-use, the market is segmented into pharmaceuticals, rubber, plastic, chemicals, personal care & cosmetics, and others.

From a geographical standpoint, the magnesium carbonate industry is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:



  • Lhoist Group

  • Graymont Ltd

  • Shinko Kogyo

  • Specialty Minerals Inc.

  • Omya Group

  • SCR-Sibelco N.V.

  • Others


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Magnesium Carbonate Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Magnesium Carbonate Market Analysis:


The magnesium carbonate market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is the dominating region for the market as India is the major player in the magnesium carbonate industry. Additionally, the high number of ores found is China, growth in glass, ceramic steel, cement, and paper industries is expected to drive the regional market. North america is expected to the second dominant region accredited to the extensive R&D in the pharmaceutical sector. Europe is expected to show significant growth due to the rapid industrialization in the European countries. Latin America & Middle East & Africa is expected to show sluggish growth by the end of forecast period.

To gain extensive insights into the market, Request for Customization


Segmentation






















 ATTRIBUTE

 DETAILS

By Product



  • Heavy Magnesium Carbonate

  • Light Magnesium Carbonate



By End-Use



  • Pharmaceuticals

  • Rubber

  • Plastic

  • Chemical

  • Personal Care & Cosmetics

  • Others



By Geography



  • North America (U.S., and Canada)

  • Europe (UK, Germany, France, Italy, and Rest of Europe)

  • Asia Pacific (Japan, China, India, and Rest of Asia Pacific)

  • Latin America (Mexico, Brazil, and Rest of Latin America)

  • Middle East & Africa (South Africa, and Rest of Middle East & Africa)



Magnesium Carbonate Industry Developments



  • Omya develops and offers magnesium carbonate and calcium carbonate with high purity and a wide range of particle sizes for liming applications catering in the European country.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients

LG Chem
Samsung
UBS
3M
GM

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X