Global Magnesium Nitrate Hexahydrate Market 2019-2023

Published: Dec 2018 Pages: 111 SKU: IRTNTR30271

Some of the key findings from our magnesium nitrate hexahydrate market forecast report are summarized below:

 

 

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Global magnesium nitrate hexahydrate industry overview

Magnesium nitrate hexahydrate is a good source of magnesium and nitrogen and therefore used as fertilizer additives. Nitrogen fertilizers are mainly used to improve pasture quality, increase crop yield, and improve stress and high-temperature tolerance of plants. It also accelerates the growth of plants and promotes the uptake of cations such as magnesium, calcium, and potassium. Magnesium fertilizers enhance the photosynthesis process of plants, activate cell enzymes, and prevent the absorption of N-NH4 in the ammonium form. The growing demand for magnesium and nitrogen fertilizers will boost the demand for fertilizer additives, especially magnesium nitrate hexahydrate fertilizers.

Industrial blasting chemicals are used in mining to explode rocks and break them down to smaller pieces. The growing demand for coal for electricity generation and from several end-user industries such as steel, energy and cement industries will increase the number of mining activities. This will increase demand for blasting and drilling chemicals such as magnesium nitrate hexahydrate. Thus, the rise in blasting and drilling application in mining is identified as a critical trend which will drive the magnesium nitrate hexahydrate market growth at a CAGR of almost 5% during the forecast period.

Top magnesium nitrate hexahydrate companies covered in this market research report

The global magnesium nitrate hexahydrate market is moderately fragmented, and the market is in a growth phase, the competition among companies is intense. To help clients improve their revenue shares in this market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this magnesium nitrate hexahydrate market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading companies, including:

  • Avantor
  • BEANTOWN CHEMICAL
  • GFS Chemicals
  • Merck
  • William Blythe

Magnesium nitrate hexahydrate market segmentation based on application

  • Additives
  • Process chemicals
  • Explosives

The additives segment will account for the highest share in the magnesium nitrate hexahydrate market. Additionally, the report also provides an accurate prediction of the contribution of all the application segments to the growth of the magnesium nitrate hexahydrate market size.

Magnesium nitrate hexahydrate market segmentation based on geographic region

  • Americas
  • APAC
  • EMEA

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, the APAC region will contribute to the highest growth of this market throughout the forecast period.

Key highlights of the global magnesium nitrate hexahydrate market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the magnesium nitrate hexahydrate market during the next five years
  • Precise estimation of the global magnesium nitrate hexahydrate market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the magnesium nitrate hexahydrate industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of magnesium nitrate hexahydrate companies

 

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

·         2.1 Preface

·         2.2 Preface

·         2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

·         Market ecosystem

·         Market characteristics

·         Market segmentation analysis

PART 04: MARKET SIZING

·         Market definition

·         Market sizing 2018

·         Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

·         Bargaining power of buyers

·         Bargaining power of suppliers

·         Threat of new entrants

·         Threat of substitutes

·         Threat of rivalry

·         Market condition

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

·         Market drivers

·         Market challenges

PART 11: MARKET TRENDS

·         Rise in blasting and drilling application in mining

·         Shrinking arable land

·         Rapid industrialization in BRICS

PART 12: VENDOR LANDSCAPE

·         Overview

·         Landscape disruption

PART 13: VENDOR ANALYSIS

·         Vendors covered

·         Vendor classification

·         Market positioning of vendors

·         Avantor

·         BEANTOWN CHEMICAL

·         GFS Chemicals

·         Merck

·         William Blythe

PART 14: APPENDIX

·         Research methodology

·         List of abbreviations

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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