Charts & StatsSep 2, 2026

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

By End-Use Industry, the market is segmented into South America, Argentina, Mexico, Brazil, and Rest of South America (2016-2024)

Author: Wantstats Research TeamSource: Wantstats Repository

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Global Magnesium Hydroxide market [2016-2024] South America by End-Use Industry — full underlying data
Label	South America	Argentina	Mexico	Brazil	Rest of South America
2016	23.9 USD Mn	2.9 USD Mn	6.5 USD Mn	10.8 USD Mn	3.6 USD Mn
2017	25 USD Mn	3.1 USD Mn	6.9 USD Mn	11.3 USD Mn	3.8 USD Mn
2018	26.2 USD Mn	3.2 USD Mn	7.2 USD Mn	11.8 USD Mn	4 USD Mn
2019	27.6 USD Mn	3.4 USD Mn	7.6 USD Mn	12.4 USD Mn	4.2 USD Mn
2020	29 USD Mn	3.6 USD Mn	8 USD Mn	13.1 USD Mn	4.4 USD Mn
2021	30.6 USD Mn	3.8 USD Mn	8.4 USD Mn	13.8 USD Mn	4.7 USD Mn
2022	32.4 USD Mn	4 USD Mn	8.9 USD Mn	14.5 USD Mn	4.9 USD Mn
2023	34.3 USD Mn	4.3 USD Mn	9.4 USD Mn	15.4 USD Mn	5.2 USD Mn
2024	36.3 USD Mn	4.6 USD Mn	9.9 USD Mn	16.3 USD Mn	5.6 USD Mn

Data Source: Wantstats Repository

Market Dynamics

Brazil accounted for the largest market share in 2017 in the South America magnesium hydroxide market, and is expected to reach USD 16.30 Million in 2024 from USD 11.30 Million in 2017. However, Argentina is the fastest growing market, which is expected to grow at a CAGR of 6.24% during the forecast period 2018 - 2024. effluent treatment chemicals segment accounted for the largest market share in 2017, this market is expected to reach USD 17.90 Million in 2024 from USD 12.10 Million in 2017. This market is projected to grow at a CAGR of 5.89% during the forecast period from 2018 - 2024. However, plastics segment is the fastest growing market, which is expected to grow at a CAGR of 6.12% 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 13.50 Million in 2024 from USD 9.20 Million in 2017. This market is projected to grow at a CAGR of 5.85% 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 6.09% 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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