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Global market value of magnesium hydroxide 2014-2025

Published by Statista Research Department, Mar 24, 2023
The global market for magnesium hydroxide was valued at some 618 million U.S. dollars in 2019. By 2025, this inorganic compound's market value is projected to reach approximately 773 million U.S. dollars.

Market value of magnesium hydroxide worldwide from 2014 to 2025 (in million U.S. dollars)

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Release date

July 2020

Region

Worldwide

Survey time period

2014 and 2019

Supplementary notes

* Forecast.
Between 2014 and 2019, the global market value of magnesium hydroxide had a compound annual growth rate (CAGR) of four percent. For the forecast period 2019-2025, the projected CAGR stood at 3.8 percent.

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