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)
* 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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Lucintel. (July 1, 2020). Market value of magnesium hydroxide worldwide from 2014 to 2025 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/629421/global-magnesium-hydroxide-market-size/
Lucintel. "Market value of magnesium hydroxide worldwide from 2014 to 2025 (in million U.S. dollars) ." Chart. July 1, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/629421/global-magnesium-hydroxide-market-size/
Lucintel. (2020). Market value of magnesium hydroxide worldwide from 2014 to 2025 (in million U.S. dollars) . Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/629421/global-magnesium-hydroxide-market-size/
Lucintel. "Market Value of Magnesium Hydroxide Worldwide from 2014 to 2025 (in Million U.S. Dollars) ." Statista, Statista Inc., 1 Jul 2020, https://www.statista.com/statistics/629421/global-magnesium-hydroxide-market-size/
Lucintel, Market value of magnesium hydroxide worldwide from 2014 to 2025 (in million U.S. dollars) Statista, https://www.statista.com/statistics/629421/global-magnesium-hydroxide-market-size/ (last visited December 30, 2024)
Market value of magnesium hydroxide worldwide from 2014 to 2025 (in million U.S. dollars) [Graph], Lucintel, July 1, 2020. [Online]. Available: https://www.statista.com/statistics/629421/global-magnesium-hydroxide-market-size/