A New FMI Study Analyses Growth of Magnesium Hydroxide Market in Light of the Global Corona Virus Outbreak
Consistently increasing demand for magnesium hydroxide for wastewater treatment is expected to shape the growth of the global magnesium hydroxide market during the forecast period (2020-2030). Although the COVID-19 pandemic is likely to hinder market growth during the first half of the forecast period, the global magnesium hydroxide market is projected to attain a market value of US$ 850 Mn by the end of 2030. As per the latest study published by Future Market Insights (FMI), the COVID-19 pandemic is likely to have a short-term impact on the growth prospects of the global magnesium hydroxide market.
Consistently increasing demand for magnesium hydroxide for wastewater treatment is expected to shape the growth of the global magnesium hydroxide market during the forecast period (2020-2030). Although the COVID-19 pandemic is likely to hinder market growth during the first half of the forecast period, the global magnesium hydroxide market is projected to attain a market value of US$ 850 Mn by the end of 2030. As per the latest study published by Future Market Insights (FMI), the COVID-19 pandemic is likely to have a short-term impact on the growth prospects of the global magnesium hydroxide market.
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Magnesium Hydroxide Market Analysis
• South Asia
• East Asia
• Oceania
• Middle East and Africa
Competitive Assessment
The competitive assessment chapter provides a thorough understanding of the business
prospects of some of the most prominent companies in the Magnesium Hydroxide Market. The
study evaluates the distribution and marketing channels of these companies along with their
marketing, sales, and promotional strategies adopted by each market participant amid the
COVID-19 outbreak.
• Companies profiled in the report:
• Martin Marietta Materials Inc.
• Premier Magnesia, LLC
• Nabaltec AG
• Lehmann & Voss & Co KG
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