Lucintel's latest market report analyzed that magnesium oxysulfate provides attractive opportunities in the construction, pharmaceutical, agriculture, and other end use industries. The Magnesium oxysulfate market is expected to grow at a CAGR of 3% to 5%. In this market, cement is the largest segment by end use industry.
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Based on end use industry, the magnesium oxysulfate market is segmented into pharmaceutical, agriculture, construction, and others. The cement segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to increasing demand for magnesium sulfate cement, as it offers superior compressive and transverse strength to ortland cement.
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The Magnesium Oxysulfate Market is marked by the presence of several big and small players. Some of the prominent players offering magnesium oxysulfate include PQ Corporation, UMAI CHEMICAL, Laizhou Guangcheng Chemical, Laizhou Zhongda Chemical, Giles, Balaji, China Nafine Group International, Laizhou City Laiyu Chemical, and Weifang Guomei Chemical.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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