Global Magnesium Nitrate Hexahydrate Market Through 2019-2023 - Rapid Industrialization in BRICS to Drive Growth - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 10, 2019--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 PlayersAvantor Beantown Chemical GFS Chemicals Merck William Blythe
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATIONMarket 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 LANDSCAPEGeographic 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 TRENDSRise in blasting and drilling application in mining Shrinking arable land Rapid industrialization in BRICS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSISVendors 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
View source version on businesswire.com:https://www.businesswire.com/news/home/20190110005415/en/
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Related Topics:Agrochemicals and Fertilizers
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS NATURAL RESOURCES AGRICULTURE MINING/MINERALS
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/10/2019 09:39 AM/DISC: 01/10/2019 09:39 AM