DUBLIN--(BUSINESS WIRE)--The "Global Magnesium Nitrate Hexahydrate Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The magnesium nitrate hexahydrate market will register a CAGR of almost 5% by 2023.
Rapid industrialization in BRICS to drive growth in the market
Rapid industrialization in Brazil, Russia, India, China, and South Africa (BRICS) is creating considerable demand for minerals and chemical products. Soon, industrialization and urbanization will increase the demand for various chemicals and minerals in developing countries. This is likely to support the growth of the global magnesium nitrate hexahydrate market.
Growing use of feed additives
The adoption of trace minerals in animal feed is increasing in developing countries such as India, China, and Brazil. These factors are crucial role in driving the global magnesium nitrate hexahydrate market growth during the forecast period.
Growing adoption of organic farming
Organic crops have four times lesser pesticide residue than that in conventional crops. Thus, organic farming is gaining traction which is adversely affecting the growth of the magnesium nitrate hexahydrate market.
Key Players
- Avantor
- Beantown Chemical
- GFS Chemicals
- Merck
- William Blythe
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Additives - Market size and forecast 2018-2023
- Process chemicals - Market size and forecast 2018-2023
- Explosives - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Americas - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Rise in blasting and drilling application in mining
- Shrinking arable land
- Rapid industrialization in BRICS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Avantor
- Beantown Chemical
- GFS Chemicals
- Merck
- William Blythe
For more information about this report visit https://www.researchandmarkets.com/research/dqcxrj/global_magnesium?w=4
