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Global Magnesium Nitrate Hexahydrate Market Through 2019-2023 - Rapid Industrialization in BRICS to Drive Growth - ResearchAndMarkets.com

January 10, 2019

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 Players

Avantor Beantown Chemical GFS Chemicals Merck William Blythe

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

Market definition Market sizing 2018 Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY APPLICATION

Market 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 LANDSCAPE

Geographic 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 TRENDS

Rise in blasting and drilling application in mining Shrinking arable land Rapid industrialization in BRICS

PART 12: VENDOR LANDSCAPE

PART 13: VENDOR ANALYSIS

Vendors 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

KEYWORD:

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

http://www.businesswire.com/news/home/20190110005415/en

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