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Magnesium Hydroxide Market: Global Industry Analysis and Forecast to 2015 to 2021
Magnesium Hydroxide Market: Global Industry Analysis and Forecast to 2015 to 2021
Magnesium Hydroxide Market size was assessed at USD 671.66 million in 2020, and is expected to increase at a CAGR of 3.98 percent from 2021 to 2028, to reach USD 916.21 million.

Milk of magnesia is available as a liquid suspension, chewable pills, and capsules as liquid syrups in a variety of flavours with applications such as laxatives and antacids.

Magnesium is a naturally occurring mineral that is essential for the proper functioning of many physiological systems, including muscles and neurons. Magnesium hydroxide is an inorganic substance that is formed when magnesium salts react with sodium, potassium, or ammonium hydroxide to form magnesium hydroxide.

Brucite is a type of natural magnesium that is utilised as a fire retardant in Magnesium Hydroxide Market. Magnesium hydroxide for commercial and industrial use is made chemically from seawater or brine. Magnesium hydroxide is known as milk of magnesia because of its milk-like appearance when suspended in water. In water, this chemical has an extremely low solubility.

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