Charts & StatsSep 2, 2026

Global Magnesium Hydroxide market [2016-2024] by End-Use Industry

By End-Use Industry, the market is segmented into Effluent Treatment Chemicals, Construction, Rubber, Agriculture, Plastics, and Others (2016-2024)

Author: Wantstats Research TeamSource: Wantstats Repository

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Global Magnesium Hydroxide market [2016-2024] by End-Use Industry — full underlying data
Label	Effluent Treatment Chemicals	Construction	Rubber	Agriculture	Plastics	Others
2016	279.8 USD Mn	38.7 USD Mn	20.6 USD Mn	23.4 USD Mn	43.8 USD Mn	162.9 USD Mn
2017	293.9 USD Mn	40.5 USD Mn	21.5 USD Mn	24.3 USD Mn	45.9 USD Mn	169.9 USD Mn
2018	308.9 USD Mn	42.4 USD Mn	22.4 USD Mn	25.3 USD Mn	48.1 USD Mn	177.2 USD Mn
2019	325.3 USD Mn	44.6 USD Mn	23.5 USD Mn	26.4 USD Mn	50.6 USD Mn	185.2 USD Mn
2020	343.3 USD Mn	46.9 USD Mn	24.6 USD Mn	27.5 USD Mn	53.3 USD Mn	194 USD Mn
2021	362.7 USD Mn	49.3 USD Mn	25.8 USD Mn	28.8 USD Mn	56.2 USD Mn	203.4 USD Mn
2022	384.8 USD Mn	52.1 USD Mn	27.3 USD Mn	30.2 USD Mn	59.5 USD Mn	214.1 USD Mn
2023	408.4 USD Mn	55.1 USD Mn	28.7 USD Mn	31.7 USD Mn	63 USD Mn	225.5 USD Mn
2024	433.5 USD Mn	58.3 USD Mn	30.3 USD Mn	33.3 USD Mn	66.8 USD Mn	237.5 USD Mn

Data Source: Wantstats Repository

Market Dynamics

effluent treatment chemicals segment accounted for the largest market share in the magnesium hydroxide market, and is expected to reach USD 433.50 Million in 2024 from USD 293.90 Million in 2017. However, effluent treatment chemicals segment is the fastest growing market, which is expected to grow at a CAGR of 5.81% 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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