Global Magnesium Hydroxide Market By End-Use Industry Forecast (2016-2024)
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Year EFFLUENT TREATMENT CHEMICALS CONSTRUCTION RUBBER AGRICULTURE PLASTICS OTHERS
2016 $ 279.8 $ 38.7 $ 20.6 $ 23.4 $ 43.8 $ 162.9
2017 $ 293.9 $ 40.5 $ 21.5 $ 24.3 $ 45.9 $ 169.9
2018 $ 308.9 $ 42.4 $ 22.4 $ 25.3 $ 48.1 $ 177.2
2019 $ 325.3 $ 44.6 $ 23.5 $ 26.4 $ 50.6 $ 185.2
2020 $ 343.3 $ 46.9 $ 24.6 $ 27.5 $ 53.3 $ 194.0
2021 $ 362.7 $ 49.3 $ 25.8 $ 28.8 $ 56.2 $ 203.4
2022 $ 384.8 $ 52.1 $ 27.3 $ 30.2 $ 59.5 $ 214.1
2023 $ 408.4 $ 55.1 $ 28.7 $ 31.7 $ 63.0 $ 225.5
2024 $ 433.5 $ 58.3 $ 30.3 $ 33.3 $ 66.8 $ 237.5
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Global Magnesium Hydroxide Market By End-Use Industry Forecast (2016-2024)

Synopsis
The above chart is Global Magnesium Hydroxide market [2016-2024] by End-Use Industry

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.

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