Magnesium Derivatives Market Top Manufacturers, Insights, Trends and Forecasts Report
Magnesium Derivatives Market: Introduction The global magnesium derivatives market was valued at ~US$ 38 Bn in 2019 and is anticipated to expand at a CAGR of 5% , in terms of value, from 2020 to 2030. Magnesium derivatives are extensively used in agriculture, pharmaceutical, chemical, and construction applications due to their unique combination of characteristics. For instance, magnesium oxide is primarily used as an excellent source of magnesium in fertilizers to decrease the magnesium deficiency of soil. This enhances the yield and nutritional value of the soil. Magnesium hydroxide is also used in the manufacture of flame retardants, as it is economical and environment-friendly. Get a Free Sample Copy of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=74098 Magnesium carbonate, another magnesium derivative, is prominently used in the production of magnesium carbonate. Magnesium carb...