Magnesium Carbonate, Global Market Size Forecast, Top 10 Players Rank and Market Share (Business Opportunities - Home Business)

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Magnesium Carbonate, Global Market Size Forecast, Top 10 Players Rank and Market Share


Magnesium Carbonate Market Summary
Magnesium carbonate, MgCO3 (CAS 546-93-0), is an inorganic salt that is a white solid. Several hydrated and basic forms of magnesium carbonate also exist as minerals.
The primary use of magnesium carbonate is the production of magnesium oxide by calcining. Magnesite and dolomite minerals are used to produce refractory bricks. MgCO3 is also used in flooring, fireproofing, Pulp & Paper Industry compositions, cosmetics, dusting powder, and toothpaste. Other applications are as filler material, smoke suppressant in plastics, a reinforcing agent in neoprene rubber, a drying agent, a laxative to loosen the bowels, and color retention in foods. In addition, high purity magnesium carbonate is used as antacid and as an additive in table salt to keep it free flowing.
According to the new market research report “Global Magnesium Carbonate Market Report 2024-2030”, published by QYResearch, the global Magnesium Carbonate market size is projected to reach USD 0.11 billion by 2030, at a CAGR of 3.0% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of Magnesium Carbonate include Konoshima Chemical, Dr. Paul Lohmann, Naikai Salt Industries, Liaoning Xinghai Pharmaceutical, Zehui Chemical, Xingtai Messi, Meishen, Yixing Lark Fine Chemical, Hebei Gaolin, Yingkou Magnesite Chemical, etc. In 2023, the global top 10 players had a share approximately 61.0% in terms of revenue.

For more information, please contact the following e-mail address:
Email: global@qyresearch.com
Website: https://www.qyresearch.com



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Last Update : 09 April 2024 12:42 PM
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