Bio-lubricants Market End-use Industry, By Others
Global Magnesium Hydroxide market [2016-2024] by Europe
By Europe, the market is segmented into Europe, Austria, Belgium, Germany, Spain, France, United Kingdom, Italy, Netherlands, Russian Federation, and Rest of Europe (2016-2024)
| Label | Europe | Austria | Belgium | Germany | Spain | France | United Kingdom | Italy | Netherlands | Russian Federation | Rest of Europe |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | 153.2 USD Mn | 3.1 USD Mn | 5.3 USD Mn | 7.4 USD Mn | 10.8 USD Mn | 17.4 USD Mn | 14.5 USD Mn | 18.6 USD Mn | 7.4 USD Mn | 24.9 USD Mn | 12.4 USD Mn |
| 2017 | 159.7 USD Mn | 3.2 USD Mn | 5.4 USD Mn | 7.7 USD Mn | 11.2 USD Mn | 18 USD Mn | 15 USD Mn | 19.3 USD Mn | 7.7 USD Mn | 26 USD Mn | 12.8 USD Mn |
| 2018 | 166.6 USD Mn | 3.3 USD Mn | 5.6 USD Mn | 7.9 USD Mn | 11.6 USD Mn | 18.8 USD Mn | 15.5 USD Mn | 20.1 USD Mn | 7.9 USD Mn | 27.2 USD Mn | 13.2 USD Mn |
| 2019 | 174.2 USD Mn | 3.4 USD Mn | 5.8 USD Mn | 8.2 USD Mn | 12 USD Mn | 19.6 USD Mn | 16.1 USD Mn | 21 USD Mn | 8.2 USD Mn | 28.5 USD Mn | 13.6 USD Mn |
| 2020 | 182.4 USD Mn | 3.5 USD Mn | 6 USD Mn | 8.5 USD Mn | 12.5 USD Mn | 20.4 USD Mn | 16.7 USD Mn | 22 USD Mn | 8.5 USD Mn | 29.9 USD Mn | 14.1 USD Mn |
| 2021 | 191.2 USD Mn | 3.7 USD Mn | 6.2 USD Mn | 8.8 USD Mn | 13 USD Mn | 21.4 USD Mn | 17.4 USD Mn | 23.1 USD Mn | 8.8 USD Mn | 31.4 USD Mn | 14.6 USD Mn |
| 2022 | 201.4 USD Mn | 3.8 USD Mn | 6.5 USD Mn | 9.2 USD Mn | 13.6 USD Mn | 22.4 USD Mn | 18.1 USD Mn | 24.3 USD Mn | 9.2 USD Mn | 33.2 USD Mn | 15.2 USD Mn |
| 2023 | 212.1 USD Mn | 4 USD Mn | 6.8 USD Mn | 9.6 USD Mn | 14.3 USD Mn | 23.6 USD Mn | 18.9 USD Mn | 25.5 USD Mn | 9.6 USD Mn | 35 USD Mn | 15.8 USD Mn |
| 2024 | 223.4 USD Mn | 4.1 USD Mn | 7.1 USD Mn | 10 USD Mn | 14.9 USD Mn | 24.8 USD Mn | 19.8 USD Mn | 26.9 USD Mn | 10 USD Mn | 36.9 USD Mn | 16.4 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Russian Federation accounted for the largest market share in 2017 in the Europe magnesium hydroxide market, and is expected to reach USD 36.90 Million in 2024 from USD 26.00 Million in 2017.This market is projected to grow at a CAGR of 5.21% during the forecast period from 2018 - 2024. effluent treatment chemicals segment accounted for the largest market share in 2017, this market is expected to reach USD 111.90 Million in 2024 from USD 78.30 Million in 2017. This market is projected to grow at a CAGR of 5.34% during the forecast period from 2018 - 2024. However, effluent treatment chemicals segment is the fastest growing market, which is expected to grow at a CAGR of 5.34% during the forecast period 2018 - 2024. waste water treatment segment accounted for the largest market share in 2017, this market is expected to reach USD 82.50 Million in 2024 from USD 57.80 Million in 2017. This market is projected to grow at a CAGR of 5.31% during the forecast period from 2018 - 2024. However, flame retardant segment is the fastest growing market, which is expected to grow at a CAGR of 5.32% during the forecast period 2018 - 2024.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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