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 valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Magnesium Hydroxide Flame Retardants Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

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

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Chemical Synthesis
Physical Smash
In Market segmentation by applications :

PVC
PE
Engineering Thermoplastics
Rubber
Other

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Magnesium Hydroxide Flame Retardants Market for the forecast period 2023 - 2030?
• What are the driving forces in the Magnesium Hydroxide Flame Retardants Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Magnesium Hydroxide Flame Retardants industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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