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Global Magnesium Sulphate Market Overview, Analysis and Forecasts to 2027

Market Research Future adds new report of “Global Magnesium Sulphate Volume Market by Type, Forecast to 2027” it contains Company information, geographical data and Table of Content

The need for magnesium sulphate is gradually rising due to prominent driving factors such as rising global population, increasing food demand and decreasing arable land, among others. Magnesium Sulphate is a chemical compound which is a mix of magnesium, sulphur & oxygen. Its formula is MgSO4. Magnesium sulphate frequently faced as sulphate mineral & epsomite are also knows as Epsom Salt. It is a key raw material used in many sectors such as Food industries, Chemical industries, Research and Development, Healthcare & Agriculture, among others. In medical, it is used both i.e. internally & externally. It is also used in main preparation of intravenous magnesium. Use of internal includes- replacements therapy – hypomagnesaemia, exacerbations of asthma, eclampsia & cerebral palsy. External use include in pregnancy. In the agricultural and farming sector, (Magnesium sulphate helps to correct magnesium deficiency) magnesium sulphate is kind of fertilizer used in especially promoting healthier growth of plants such as tomatoes among others. However, allergic reactions such as skin infection, diarrhoea or upset stomach could hamper the growth of the market.

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On the basis of type, MRFR has segmented Magnesium Sulphate market into heptahydrate (epsom salt), monohydrate (kieserite) and calcined kieserite (anhydrous). As per MRFR analysis, Heptahydrate (Epsom Salt) is expected to reach USD 5,042.52 million by 2027 with a growing CAGR of 4.50%. Followed by this, Monohydrate (Kieserite) is the second and Anhydrous (Calcined Kieserite) will be the third largest market by type.

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Global magnesium sulphate market by type has been entirely driven the growing factors such as decreasing arable lands in APAC and Europe, increased pressure on farmers to enhance the food quality and other factors as well. Decreasing arable land has been resulted in increase in usage of magnesium sulphate which is widely used in fertilizers to maintain the efficiency and productivity. Epsom Salt (Hepthahydrate) and Kieserite Magnesium sulphate both are used in argriculture sector and are very much helpful in maintaining the good food quality. To maintain the food quality, packaging is required which in turn will create demand for Calcined kieserite. Additionally, the factors are given below to support the increase in demand for magnesium sulphate includes Epsom Salt (Hepthahydrate), Calcined Kieserite and Kieserite.

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The Global Magnesium Sulphate Market Outlook (2016–2027) statistical report, published by Market Research Future contains brief information on global magnesium sulphate market segmented by region. On a global scenario, the region has been divided into North America, Europe, Asia-Pacific, Latin America and MEA.

Geographically, global magnesium sulphate market has very strong hold on Asia-Pacific region and is expected to lead the global market followed by North America and Europe. In terms of market share, Asia-Pacific is expected to grow from 43.37% in 2015 to 45.11% in 2027. The share of Asia Pacific in world consumption of magnesium sulphate is 43.37%.  The per annum growth for magnesium sulphate is expected to be at 3.28% for 2015-2027. China is leading in magnesium sulphate market followed by India and Japan. These countries are categorized into underdeveloped sectors where the key economic growth business is agriculture.

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