Magnesium Silicate Market

The global magnesium silicate market exhibited moderate growth during 2015-2020. The market to grow at a CAGR of around 5% during 2021-2026.

SHERIDAN, WYOMING, UNITED STATES, May 8, 2022 /EINPresswire.com/ -- According to IMARC Group latest report titled “Magnesium Silicate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on magnesium silicate market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The market exhibited moderate growth during 2015-2020. The global magnesium silicate market to grow at a CAGR of around 5% during 2021-2026.

Magnesium silicate is a white, odorless chemical compound that consists of silicon, oxygen and magnesium. It is manufactured by the precipitation reaction between sodium silicate and soluble magnesium salt and is commonly found in synthetic and natural forms. Magnesium silicate is widely used to purify absorbents, vegetable and animal oils and filler materials, such as rubber, ceramics and glass. It also aids in absorbing moisture, preventing caking and improving the texture of the product. It finds extensive application across various industries, such as pharmaceuticals, cosmetics and food and beverage.

Request to Get the Free Sample Report: https://www.imarcgroup.com/magnesium-silicate-market/requestsample

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

The global magnesium silicate market is primarily being driven by its increasing utilization in the food and beverage industry as an additive and anticaking agent in table salts and vanilla powders. Moreover, the widespread adoption of magnesium silicate as a thickening agent and absorbent in the cosmetics and personal care products is providing thrust to the market growth. It is commonly added to talcum powders and other products to prevent rashes and skin allergies. Other factors, including the widespread adoption of magnesium silicate as a crucial component in the production of antiepileptic drugs and dietary supplements, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/magnesium-silicate-market

Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
• ABSCO Limited
• American Elements
• Atlantic Equipment Engineers
• Imerys S.A.
• Maryland Lava Company
• PQ Corporation
• Sorbent Technologies Inc.
• Spectrum Chemical Manufacturing Corp
• Surepure Chemetals Inc
• The Dallas Group of America
• Triveni Interchem Private Limited

Magnesium Silicate Market Segmentation:
Our report has categorized the market based on region, product type, functionality and application.

Breakup by Product Type:
• Natural
• Synthetic

Breakup by Functionality:
• Anti-caking Agent
• Purifying Adsorbent
• Bulking Agent
• Emulsion Stabiliser
• Others

Breakup by Application:
• Cosmetic and Personal Care
• Food and Beverages
• Glass
• Pharmaceuticals
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

Other Reports of IMARC Group:

High-Speed Camera Market: https://www.imarcgroup.com/high-speed-camera-market

Smartphone Market: https://www.imarcgroup.com/smartphone-market

Condoms Market: https://www.imarcgroup.com/condoms-market

Blockchain in Manufacturing Market: https://www.imarcgroup.com/blockchain-in-manufacturing-market

Veterinary Healthcare Market: https://www.imarcgroup.com/veterinary-healthcare-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+ +1 631-791-1145
email us here

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.