With the increasing focus on water conservation and pollution control, the demand for effective water treatment solutions is rising. Magnesium hydroxide, with its ability to remove heavy metals and neutralize acidic wastewater, is expected to witness substantial demand from the water treatment sector. The Magnesium Hydroxide Market is characterized by the presence of several key players competing for market share.
Stringent regulations regarding fire safety and environmental protection are driving the adoption of flame retardant materials. Magnesium hydroxide, with its non-toxic and environmentally friendly properties, is gaining prominence as a sustainable alternative to halogenated flame retardants. The pharmaceutical industry is expanding globally, driven by factors such as an aging population, increasing healthcare expenditure, and rising prevalence of chronic diseases. The use of magnesium hydroxide in antacids and laxatives is expected to contribute to the market growth
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