futurechemical on GETTR : Magnesium Carbonate Market Size, Share, Demand, Growth & Trends by 2032
Magnesium carbonate is largely utilized as a...
Magnesium Carbonate Market Size, Share, Demand, Growth & Trends by 2032
Magnesium carbonate is largely utilized as a raw material for the manufacturing of magnesium oxide, a refractory material employed in the cement and steel industries. The global magnesium carbonate market is anticipated to expand at a steady 4.7% CAGR over the forecast period, finds Future Market Insights (FMI) in a recent market analysis.
As per FMI, geographically, the market is anticipated to be dominated by South Asia Pacific, which is expected to continue in the forthcoming years. Backed by the aforementioned factors, the global magnesium carbonate market is projected to top US$ 443.5Mn by 2032.
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