Magnesium Sulphate Market by Form (Crystal, Powder, Granules), by Type (Heptahydrate, Anhydrous, Monohydrate, Others), by Application (Fertilizer, Pharmaceutical, Automotive, Food & Beverage {Additive, Flavors}, Industrial {Laundry, Dishwashing, Colorant, Others}, Personal Care {Cosmetics, Eye Care Products, Hair Care Products, Others}, Paints & Textiles {Fillers, Others}, Chemical, Water Treatment, Others), by By Geography (North America), by South America (Brazil, Argentina, Colombia, Chile, Rest of South America), by Europe (Germany, France, U.K., Italy, Spain, Russia, Netherlands, Belgium, Rest of Europe), by Asia Pacific (China, Japan, India, Australia & New Zealand, South Korea, Rest of Asia Pacific), by Middle East (Saudi Arabia, UAE, Israel, Rest of Middle East), by Africa (South Africa, Nigeria, Rest of Africa) Forecast 2024-2032
The Magnesium Sulphate Marketsize was valued at USD 856.2 USD Million in 2023 and is projected to reach USD 1212.81 USD Million by 2032, exhibiting a CAGR of 5.1 % during the forecast period.MgSO4 is an inorganic salt with a chemical name Magnesium sulfate. It is also known as Sulfuric acid magnesium salt or Magnesium sulfate anhydrous. It is commonly referred to as Epsom salt. Magnesium sulfate is a crystalline solid that has a white appearance and is odourless. It is majorly used as a bath soak to get rid of sore muscles, to ease the pain of sprains and bruises, etc. It also helps in the removal of splinters and is quite effective. Magnesium sulfate is a small colourless crystal used as an anticonvulsant, a cathartic, and an electrolyte replenisher in the treatment of pre-eclampsia and eclampsia. It causes direct inhibition of action potentials in myometrial muscle cells. The rising consumption in the agriculture industry is the driving factor of the market. The salt is primarily used as a fertilizer to fulfil the magnesium deficiency in the soil.
Form:
Type:
Application:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.1% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.1% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
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