Magnesium Hydroxide Flame Retardants Market assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 04/18/2019 -- Magnesium hydroxide is the inorganic compound. It occurs in nature as the mineral brucite. It is a white solid with low solubility in water. Magnesium hydroxide is a common component of antacids, such as milk of magnesia, as well as laxatives. Natural magnesium hydroxide is used commercially as a fire retardant. Most industrially used magnesium hydroxide is produced synthetically. Like aluminum hydroxide, solid magnesium hydroxide has smoke suppressing and flame retardant properties. It is a key player in the family of inorganic flame retardant.
Magnesium hydroxide acts good flame retardant and smoke suppressant, and has been widely used many fields, such as plastics, rubber, coating and so on. Although magnesium hydroxide flame retardant has many substitutes, the products still achieves good growth in the past years.
Magnesium hydroxide flame retardant has two manufacturing process, chemical synthesis and physical smash. For chemical synthesis, the technology is high and mastered by leading manufacturers from Japan, USA and Europe. As for the physical smash, magnesium hydroxide mainly gets from the brucite. Physical smashed magnesium hydroxide has lower quality than that from chemical synthesis. Presently, most of producers in China supply physical smashed type magnesium hydroxide flame retardant to market. The quality offered by China local suppliers still has a gap with imported ones.
The global Magnesium Hydroxide Flame Retardants market was 480 million US$ in 2018 and is expected to 610 million US$ by the end of 2025, growing at a CAGR of 3.0% between 2019 and 2025.
This report studies the Magnesium Hydroxide Flame Retardants market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Magnesium Hydroxide Flame Retardants in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Martin Marietta
Kyowa Chemical Industry
Magnifin
ICL
Huber Engineered Materials (HEM)
Konoshima
Tateho Chemical
Nuova Sima
Russian Mining Chemical Company
Nikomag
Xinyang Minerals Group
XuSen
Jinan Taixing Fine Chemicals
Wanfeng
Fire Wall
Yinfeng Group
By the product type, the market is primarily split into
Chemical Synthesis
Physical Smash
By the end users/application, this report covers the following segments
PVC
PE
Engineering Thermoplastics
Rubber
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