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NewsFlash / Minor Metals / Magnesium Sulphate Market to Grow at 7.8% CAGR to $1.5B by 2030
Magnesium Sulphate Market to Grow at 7.8% CAGR to $1.5B by 2030
iconJun 10, 2025 13:17
Source:SMM
[SMM Magnesium News] Magnesium Sulphate Market: The global magnesium sulphate market size is expected to grow from $950 million in 2024 to $1.5 billion in 2030 (CAGR 7.8%). Europe dominates the market (45%), with agricultural grade accounting for 48%. China is a major producer. The demand for pharmaceutical grade is driven by maternal and child health and ageing, while agricultural applications address magnesium deficiency in soil.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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