Magnesium Hydroxide Market

By Form;

Slurry, Powder & Suspension and Paste

By Grade;

Industrial Grade, Pharmaceutical Grade and Food Grade

By Manufacturing Method;

Chemical Precipitation, Seawater-Lime Process and Others

By Application;

Industrial and Pharmaceuticals and Others

By Geography;

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

Magnesium Hydroxide Market Overview

Magnesium Hydroxide Market (USD Million)

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%.


Magnesium Hydroxide Market

*Market size in USD million

CAGR 4.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.6 %
Market Size (2024)USD 923.55 Million
Market Size (2031)USD 1,265.27 Million
Market ConcentrationHigh
Report Pages308
923.55
2024
1,265.27
2031

Major Players

  • Nedmag Industries Mining & Manufacturing
  • Nabaltec
  • Huber Engineering Materials
  • Kyowa Chemical Industry
  • Konoshima Chemicals

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Magnesium Hydroxide Market

Fragmented - Highly competitive market without dominant players


The Magnesium Hydroxide Market is witnessing strong momentum, primarily driven by its increasing use as an eco-friendly flame retardant and neutralizing agent. More than 40% of the demand comes from environmental applications, especially wastewater treatment, where magnesium hydroxide is favored for its safe and efficient alkalinity control. Its non-toxic profile and versatility across industries are key factors boosting its adoption.

Rising Demand in Environmental Applications
Environmental protection measures are driving the integration of magnesium hydroxide in wastewater treatment, flue gas desulfurization, and soil neutralization. Nearly 45% of municipal and industrial facilities are adopting it due to its cost-effectiveness and efficiency compared to caustic soda and lime. This shift highlights its growing role in sustainable resource management.

Expanding Use in Pharmaceuticals and Food Industry
In the pharmaceutical and food sectors, magnesium hydroxide contributes around 15% of the market demand. It is widely used in antacids, laxatives, and as a food additive due to its recognized safety standards. The rising prevalence of gastrointestinal disorders and demand for clean-label food products are further supporting this segment’s expansion.

Market Outlook and Growth Potential
With its diverse applications across flame retardants, environmental, and healthcare industries, the magnesium hydroxide market is set for consistent growth. Increasing regulatory compliance, sustainability initiatives, and advancements in material innovation are expected to propel its adoption, creating long-term opportunities for manufacturers and end-users alike.

  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 Manufacturing Method
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. 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. Magnesium Hydroxide Market, By Form, 2021 - 2031 (USD Million)
      1. Slurry
      2. Powder & Suspension
      3. Paste
    2. Magnesium Hydroxide Market, By Grade, 2021 - 2031 (USD Million)
      1. Industrial Grade
      2. Pharmaceutical Grade
      3. Food Grade
    3. Magnesium Hydroxide Market, By Manufacturing Method, 2021 - 2031 (USD Million)
      1. Chemical Precipitation
      2. Seawater-Lime Process
      3. Others
    4. Magnesium Hydroxide Market, By Application, 2021 - 2031 (USD Million)
      1. Industrial
      2. Pharmaceuticals
      3. Others
    5. 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. Elementis PLC
      2. Kyowa Chemical Industry Co., Ltd.
      3. NikoMag
      4. Premier Magnesia LLC
      5. ICL
      6. Huber Engineered Materials
      7. Konoshima Chemical Co., Ltd.
      8. Ube Materials Industries Ltd.
      9. Nedmag B.V.
      10. Xinyang Minerals Group
      11. Martin Marietta Magnesia Specialties
      12. Tateho Chemical Industries Co., Ltd.
      13. Albemarle Corporation
      14. RHI Magnesita
      15. SPI Pharma
  7. Analyst Views
  8. Future Outlook of the Market