Uncovered research trends

Magnesium Hydroxide Market  Magnesium hydroxide is a white powdered substance that is insoluble in water and is commonly used as an industrial antacid and as a flame retardant. It has high pH scale of 10-11 and is known for its ability to neutralize acids. It is widely used in synthesis of pharmaceuticals, industrial chemicals and in metallurgical industries. The global Magnesium Hydroxide Market is estimated to be valued at US$ 826.34 Bn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Key Trends: One of the key trends in the magnesium hydroxide market is its increasing use as a flame retardant. Magnesium hydroxide acts as an effective flame retardant through an endothermic decomposition process that releases water vapor, which dilutes combustible gases and reduces temperature beneath the combustion point. It is used as a flame retardant in plastics, rubber, wire ...

Magnesium Hydroxide Market  The global Magnesium Hydroxide Market is estimated to be valued at US$ 826.34 Bn or in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Magnesium hydroxide is a white crystalline solid with low solubility in water and is often produced synthetically. It is commonly used as a flame retardant additive in plastics, rubber, and coatings as well as a deodorant, and water treatment agent. Its superior properties make it effective in these applications. Market key trends: One of the key trends in the magnesium hydroxide market is its rising usage as a flame retardant. Magnesium hydroxide acts as an effective flame retardant for plastics, rubbers, and coatings. When exposed to fire or heat, it endothermically decomposes releasing water vapor thus providing a cooling effect and interrupting combustion. It does not produce any toxic or corr...