Udeesha Tomar
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
Magnesium Hydroxide Price Trend Analysis 2026: Market Insights, Price Drivers, Supply Demand Analysis, Historical Prices & Latest News
Written ByUdeesha Tomar
Magnesium Hydroxide Price Trend Q1 2024
Asia
In the Asian markets, magnesium hydroxide prices experienced fluctuations, mostly trending downward during the first quarter of 2024. The Chinese New Year holidays significantly reduced operational days for factories and filtration units, leading to decreased supply for both domestic and international markets. Additionally, disrupted supply chains due to various disturbances prolonged transportation times along many global trade routes.
The metal and fertilizer industries were also experiencing a slowdown, curbing downstream demand for magnesium hydroxide. The rising energy and processing costs forced manufacturers to reconsider production volumes as existing stocks couldn't be sold favorably. Further, many plants planned maintenance closures, resulting in subdued market sentiments for magnesium hydroxide in Asia.
Europe
The European market for magnesium hydroxide mirrored the low pricing trend seen in Asia. Trade sentiments were weak, and sluggishness in downstream sectors influenced upstream outlooks. Delayed shipments from exporting countries and port congestion exacerbated the situation. Pirate threats further complicated ocean freight logistics, prompting shipping companies to limit their sailing vessels and causing significant shipment delays. Overall, the market performance for magnesium hydroxide in Europe was gloomy.
North America
Reflecting the trends in Asia and Europe, magnesium hydroxide prices remained on a downward trajectory in North America. Weak downstream procurement, especially from the food, pharmaceutical, and agriculture industries amidst high inflation, led to overstocked inventories in the region. Domestic trade for magnesium hydroxide was unsupportive, and international trade faced restrictions due to logistical challenges in the shipping industry. Rising crude oil prices also dampened manufacturers' sentiments throughout the period. Consequently, the price trend for magnesium hydroxide oscillated within narrow margins.
Analyst Insight
According to Procurement Resource, the price trend of Magnesium Hydroxide is estimated to fluctuate under the influence of limited growth of downstream industries and rise in the number of alternatives.
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About Magnesium Hydroxide
Magnesium hydroxide is obtained through the precipitation of magnesium salts with alkali hydroxides. The salt is white, amorphous, and odorless with low solubility in water. It is known for its role as a flame retardant and smoke suppressant in industries like plastics, rubber, and textiles, offering a non-toxic and environmentally friendly alternative to traditional halogenated flame retardants.
Magnesium hydroxide also serves as an alkali agent in wastewater treatment processes, where it neutralizes acids and adjusts pH levels effectively. In pharmaceuticals, it acts as a mild laxative and antacid, providing relief from digestive discomforts such as heartburn and indigestion. Its properties make it suitable for various industrial and medicinal applications.
Magnesium Hydroxide Product Detail
HS Code
28161010
Chemical Formula
Mg(OH)2
CAS Number
1309-42-8
Molecular Weight
58.3 g/mol
Industrial Uses
Flame Retardant, Automotive Production, Wastewater Treatment, Antacid
Supplier Database
Martin Marietta Materials Ltd, Tateho Chemical Industries Co Ltd, Nedmag B.V., Xinyang Mineral Group, Osian Marine Pvt Ltd, Timab Magnesium SAS, Premier Magnesia LLC
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Frequently Asked Questions
The current magnesium hydroxide outlook remains cautious, with prices expected to fluctuate under persistent pressure from limited downstream industry growth and the rising availability of alternatives. Downstream sectors including metal, fertilizer, food, pharmaceutical, and agriculture show weak procurement, leaving inventories overstocked and sentiments subdued. Rising energy and crude oil costs further weigh on manufacturers' willingness to produce. An improvement in the outlook would require a meaningful recovery in downstream demand, stabilization of energy and processing costs, and easing of supply chain and shipping disruptions.
Magnesium hydroxide prices tend to trend downward across Asia, Europe, and North America when downstream demand is weak. Chinese New Year holidays and planned maintenance closures can tighten supply, while rising energy and processing costs force production cuts. Weak downstream demand from metal, fertilizer, food, pharmaceutical, and agriculture sectors, compounded by high inflation, leads to overstocked inventories. In Europe, delayed shipments, port congestion, and pirate threats disrupt ocean freight, while rising crude oil prices keep North American prices within narrow margins.
The magnesium hydroxide market is concentrated among companies including Martin Marietta Materials Ltd, Tateho Chemical Industries Co Ltd, Nedmag B.V., Xinyang Mineral Group, Osian Marine Pvt Ltd, Timab Magnesium SAS, and Premier Magnesia LLC, with Kyowa Chemical Industry Co., Ltd., Huber Engineered Materials, and Konoshima Chemical Co., Ltd. also among leading manufacturers. Production centers in China, India, the Netherlands, and the United States serve demand across Asia Pacific, Europe, North America, Latin America, and Africa, though supply-demand imbalances create meaningful supply-chain exposure.
Magnesium hydroxide is produced via the brine-lime method, with brine or bittern and limestone as primary raw inputs. Limestone is processed into quicklime and hydrated to produce lime. Brine and lime react in a reactor at 10-50°C, followed by hydrothermal treatment and centrifugation to precipitate magnesium hydroxide. The material is surface-treated, dried at 120-150°C, and pulverized into a fine powder. Finished product serves as a flame retardant in plastics, rubber, and textiles, an antacid in pharmaceuticals, and a neutralizing agent in wastewater treatment.
Magnesium hydroxide demand is driven primarily by the pharmaceutical and healthcare sectors, which consume it as an antacid for stomach acid treatment. The wastewater treatment industry uses it to neutralize acidic effluents, while the chemical, construction, and automotive industries rely on it as a flame retardant in plastics, thermosets, and elastomers. Weak activity in these downstream sectors, compounded by high inflation and logistical disruptions, suppresses procurement and contributes to downward price pressure across key regions.
Procurement Resource assesses magnesium hydroxide prices through a structured, data-driven methodology combining primary engagement with producers, suppliers and traders, secondary market data, monitoring of feedstock and input costs, trade-flow and inventory tracking, and exchange or spot benchmarks. These inputs are validated and translated into a transparent price assessment and outlook. The detailed methodology is available on the Procurement Resource website.
Our Price Analysis Methodology
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