Magnesium Acetate Market Size & Share, by Type (Anhydrous, Hydrous); Application (Pharmaceutical, Food, Textile, Transportation) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4252
  • Published Date: Mar 21, 2023
  • Report Format: PDF, PPT

Companies Dominating the Magnesium Acetate Landscape

    • Merck KGaA
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • American Elements
    • Celtic Chemicals
    • Niacet Corporation
    • Hefei TNJ Chemical Industry
    • VASA PharmaChem
    • Lehmann&Voss&Co.
    • Shanxi Zhaoyi Chemical Co. Ltd.
    • Wuxi Yangshan Biochemical
    • Weifang Yuze Chemical

Browse Key Market Insights with Data Illustration:


In The News

  • Merck KGaA partnered with Biotheus to accelerate the approval of drugs for the Chinese biopharmaceutical industry. Further, this collaboration will help the Chinese clients of biopharmaceutical companies to speed up the production of safe and life-saving medications.

  • Niacet Corporation was acquired by Kerry Group Plc. With this acquisition, Kerry will be able to include Naicet, which is renowned for its clean preservation methods in the bread, meat, and pharmaceutical industries, into Kerry's international platform for food preservation and protection.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4252
  • Published Date: Mar 21, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing growth of the chemical industry and increasing demand in the pharmaceutical industry are the major factors driving the market growth.

The magnesium acetate market is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2023-2035.

Lack of knowledge about the advantages of magnesium acetate among consumers and utilization of alternative ecologically hazardous chemical compounds are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are American Elements, Celtic Chemicals, Niacet Corporation, Hefei TNJ Chemical Industry, VASA PharmaChem, Lehmann&Voss&Co., Shanxi Zhaoyi Chemical Co. Ltd., Wuxi Yangshan Biochemical, Weifang Yuze Chemical, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, application, and by region.

The anhydrous magnesium acetate segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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