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NewsFlash / Minor Metals / Global Magnesium Hydroxide Market to Surge with 6.9% CAGR to $151.73B by 2032
Global Magnesium Hydroxide Market to Surge with 6.9% CAGR to $151.73B by 2032
iconJun 10, 2025 13:24
[SMM Magnesium News] The global market size of magnesium hydroxide is projected to grow from $88.97 billion in 2024 to $151.73 billion in 2032, with a compound annual growth rate (CAGR) of 6.9%. The demand is driven by applications in environmental protection, chemicals, and pharmaceuticals, with North America and the Asia-Pacific region being the major markets.
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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