Magnesium acetate is the magnesium salt of acetic acid and is available both in the anhydrous as well as the hydrated form. The latter is better known as magnesium acetate tetrahydrate. The salt has a tendency to absorb moisture present in the atmosphere and dissolve in it. The salt, upon heating, decomposes to form magnesium oxide.
This report contains market size and forecasts of Magnesium Acetate in global, including the following market information:
Global Magnesium Acetate Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Magnesium Acetate Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Magnesium Acetate companies in 2021 (%)
The global Magnesium Acetate market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Anhydrous Magnesium Acetate Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Magnesium Acetate include Merck KGaA, Niacet Corporation, VASA PharmaChem, Celtic Chemicals, Hefei TNJ Chemical Industry, American Elements, Shanxi Zhaoyi Chemical Co. Ltd., Yuanfu Chemical and Wuxi Yangshan Biochemical, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Magnesium Acetate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Magnesium Acetate Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Magnesium Acetate Market Segment Percentages, by Type, 2021 (%)
Anhydrous Magnesium Acetate
Hydrous Magnesium Acetate
Global Magnesium Acetate Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Magnesium Acetate Market Segment Percentages, by Application, 2021 (%)
Pharmaceutical Industry
Food Industry
Textiles Industry
Transportation Industry
Others
Global Magnesium Acetate Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Magnesium Acetate Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Magnesium Acetate revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Magnesium Acetate revenues share in global market, 2021 (%)
Key companies Magnesium Acetate sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Magnesium Acetate sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Merck KGaA
Niacet Corporation
VASA PharmaChem
Celtic Chemicals
Hefei TNJ Chemical Industry
American Elements
Shanxi Zhaoyi Chemical Co. Ltd.
Yuanfu Chemical
Wuxi Yangshan Biochemical
Weifang Yuze Chemical
Lehmann&Voss&Co.
Ava Chemicals
UMAI Chemical