The global Magnesium Carbonate market size is projected to reach USD 0.09 billion by 2029

Magnesium carbonate, MgCO3 (CAS 546-93-0), is an inorganic salt that is a white solid. Several hydrated and basic forms of magnesium carbonate also exist as minerals.

The primary use of magnesium carbonate is the production of magnesium oxide by calcining. Magnesite and dolomite minerals are used to produce refractory bricks. MgCO3 is also used in flooring, fireproofing, Pulp & Paper Industry compositions, cosmetics, dusting powder, and toothpaste. Other applications are as filler material, smoke suppressant in plastics, a reinforcing agent in neoprene rubber, a drying agent, a laxative to loosen the bowels, and color retention in foods. In addition, high purity magnesium carbonate is used as antacid and as an additive in table salt to keep it free flowing.

The Magnesium Carbonate market covers Light Magnesium Carbonate, Heavy Magnesium Carbonate, etc. The typical players include Naikai Salt Industries Co.,LTD, Konoshima Chemical, SCORA S.A.S, Rahul Magnesia Pvt. Ltd., Bakhtawar Industries, Yingkou Magnesite Chemical, Hebei Gaolin, Zehui Chemical, etc.

According to the new market research report “Global Magnesium Carbonate Market Report 2023-2029”, published by GlobalInfoResearch, the global Magnesium Carbonate market size is projected to reach USD 0.09 billion by 2029, at a CAGR of 2.6% during the forecast period.

• Global Magnesium Carbonate MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Magnesium Carbonate Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

• Global Magnesium Carbonate Top14Players Ranking and Market Share（Based on data of 2021, Continually updated）

Source: GlobalInfoResearch, “Global Magnesium Carbonate Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

The global key manufacturers of Magnesium Carbonate include Konoshima Chemical, Dr. Paul Lohmann, Naikai Salt Industries Co.,LTD, Liaoning Xinghai Pharmaceutical, Zehui Chemical, Hebei Gaolin, Meishen, Xingtai Messi, Yixing Lark Fine Chemical, Yingkou Magnesite Chemical, etc. In 2021, the global top five players had a share approximately 50.0% in terms of revenue.

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