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

By Form;

Crystal, Powder, and Granules

By Type;

Heptahydrate, Anhydrous, and Monohydrate

By Grade;

Industrial Grade, Food Grade, Agricultural Grade, and Pharma Grade

By End-Use;

Fertilizer, Medical, Food Additive, Industrial, Chemical, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn157436129 Published Date: May, 2025 Updated Date: June, 2025

Magnesium Sulphate Market Overview

Magnesium Sulphate Market (USD Million)

Magnesium Sulphate Market was valued at USD 699.75 million in the year 2024. The size of this market is expected to increase to USD 1,011.18 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.


Global Magnesium Sulphate Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.4 %
Market Size (2024)USD 699.75 Million
Market Size (2031)USD 1,011.18 Million
Market ConcentrationMedium
Report Pages322
699.75
2024
1,011.18
2031

Major Players

  • Giles Chemical
  • Laiyu Chemical
  • Laizhou Guangcheng Chemical
  • Mani Agro Chem
  • Mag Products India Private Limited
  • Weifang Huakang Magnesium Sulphate

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Magnesium Sulphate Market

Fragmented - Highly competitive market without dominant players


The Magnesium Sulphate Market is experiencing robust growth, fueled by increasing demand across sectors like agriculture, healthcare, and industrial applications. Magnesium sulfate, a vital compound, is highly valued for its versatile applications, which include improving soil fertility, treating health conditions, and enhancing industrial processes. With agriculture being the largest consumer, the market is projected to expand steadily in the coming years.

Rising Agricultural Demand for Magnesium Sulfate
Agriculture remains the dominant driver of the magnesium sulfate market, accounting for over 60% of its total usage. Magnesium sulfate is a key ingredient in fertilizers, particularly in improving soil quality and promoting plant growth. It enriches the soil with essential magnesium and sulfur, which are critical for plant health. As global agricultural output increases to meet food demand, the use of magnesium sulfate as a key agricultural input continues to grow, thereby fueling market expansion.

Magnesium Sulfate’s Role in Healthcare
The healthcare sector also plays an important role in the magnesium sulfate market, contributing approximately 20% of global demand. Magnesium sulfate is widely used in medical treatments for conditions such as eclampsia and magnesium deficiency. Additionally, it is a common ingredient in intravenous solutions, oral supplements, and muscle relaxants. As awareness of the health benefits of magnesium increases, so does the demand for magnesium sulfate in healthcare applications.

Industrial Uses and Environmental Applications
Magnesium sulfate's industrial and environmental uses make up around 15% of its market. The compound is utilized in processes such as drying agents in chemical manufacturing and as a flocculant in wastewater treatment. Industries focused on sustainability are increasingly adopting magnesium sulfate to reduce environmental impact. As a result, demand for magnesium sulfate in industrial applications is poised to rise, further strengthening the market's growth prospects.

Technological Innovations Driving Growth
Technological advancements have played a key role in the magnesium sulfate market, making production more efficient and affordable. Innovations in manufacturing processes have led to reduced production costs, benefiting various industries that rely on the compound. Additionally, new product formulations and applications, particularly in agriculture and healthcare, are contributing to a surge in demand. This innovation-driven growth is helping expand the market share by about 10% annually.

  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 Type
    3. Market Snapshot, By Grade
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Magnesium Sulphate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Sustainable Agriculture
        2. Rising Prevalence of Chronic Diseases
        3. Growth in Industrial Applications
        4. Expanding Use in Food and Beverage Industry
      2. Restraints
        1. Volatility in Raw Material Prices
        2. Regulatory and Environmental Concerns
        3. Competition from Alternative Fertilizers
        4. Limited Awareness in Emerging Markets
      3. Opportunities
        1. Growing Organic Farming Practices
        2. Emerging Markets with Rising Agricultural Investments
        3. Innovation in Magnesium Sulphate-based Products
        4. Expanding Applications in Water 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 Sulphate Market, By Form, 2021- 2031 (USD Million)
      1. Crystal
      2. Powder
      3. Granules
    2. Magnesium Sulphate Market, By Type, 2021- 2031 (USD Million)
      1. Heptahydrate
      2. Anhydrous
      3. Monohydrate
    3. Magnesium Sulphate Market, By Grade, 2021 - 2031 (USD Million)
      1. Industrial Grade
      2. Food Grade
      3. Agricultural Grade
      4. Pharma Grade
    4. Magnesium Sulphate Market, By End Use, 2021 - 2031 (USD Million)
      1. Fertilizer
      2. Medical
      3. Food Additive
      4. Industrial
      5. Chemical
      6. Others
    5. Magnesium Sulphate 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. K+S Group
      2. PQ Corporation
      3. China Nafine Group International Co., Ltd.
      4. UMAI CHEMICAL CO., LTD.
      5. Giles Chemical
      6. Mani Agro Chem Private Limited
      7. Acuro Organics Limited
      8. Laizhou Guangcheng Chemical Co., Ltd.
      9. Global Calcium
      10. Laizhou City Laiyu Chemical Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market