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Press Release:

Global Magnesium Silicate Market to Grow at 5.02% During 2022-2027, Catalyzed by Escalating Demand from the Food and Beverage Industry

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Magnesium Silicate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global magnesium silicate market is expected to exhibit a CAGR of 5.02% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Magnesium silicate, with the molecular formula MgO3Si, is a fine, white, grit-free, and odorless chemical compound, which contains magnesium, oxygen, and silicon. It is generally found in both natural and manufactured forms. Natural magnesium silicate, such as talc and forsterite olivine, is crystalline in nature, whereas the synthetic variant is amorphous and insoluble in water or alcohol. It is manufactured by the precipitation reaction between sodium silicate and soluble magnesium salt.

 

 
 

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Magnesium Silicate Market Trends:

The global magnesium silicate market is primarily driven by its increasing applications in various industries. Magnesium silicate is employed as an emulsifier and anti-caking agent across the food and beverage industry. It is also used as an emulsifier, thickener, binder, abrasive and surfactant in cosmetics and personal care products, which are gaining popularity, especially among the young population. It is used as a dietary supplement, as a component of antiepileptic drugs, in topical antifungal agents, acne treatment and as a facial moisturizer in the pharmaceutical industry. It also finds application as a purifying absorbent, filler, filter medium, and catalyst carrier. Besides this, magnesium silicate is also utilized as a purifying absorbent and filler in the rubber, ceramics, and glass industry. Various government and international regulatory bodies are also implementing several initiatives to allow anti-caking agents, such as magnesium silicate, in powdered food products. Furthermore, research and development (R&D) activities undertaken by manufacturers and rapid technological advancements are positively influencing the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global magnesium silicate market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, functionality and application.

Breakup by Product Type:

 

 
 

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  • Natural
  • Synthetic
     

Breakup by Functionality:

  • Anti-caking Agent
  • Purifying Adsorbent
  • Bulking Agent
  • Emulsion Stabiliser
  • Others
     

Breakup by Application:

  • Cosmetic and Personal Care
  • Food and Beverages
  • Glass
  • Pharmaceuticals
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABSCO Limited, American Elements, Atlantic Equipment Engineers, Imerys S.A., Maryland Lava Company, PQ Corporation, Sorbent Technologies Inc., Spectrum Chemical Manufacturing Corp, Surepure Chemetals Inc, The Dallas Group of America and Triveni Interchem Private Limited.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Functionality, Application, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABSCO Limited, American Elements, Atlantic Equipment Engineers, Imerys S.A., Maryland Lava Company, PQ Corporation, Sorbent Technologies Inc., Spectrum Chemical Manufacturing Corp, Surepure Chemetals Inc, The Dallas Group of America and Triveni Interchem Private Limited
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global magnesium silicate market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global magnesium silicate market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the functionality?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global magnesium silicate market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Magnesium Silicate Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product Type
    6.1    Natural
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Synthetic
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Functionality
    7.1    Anti-caking Agent
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Purifying Adsorbent
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Bulking Agent
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Emulsion Stabiliser
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by Application
    8.1    Cosmetic and Personal Care
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Food and Beverages
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Glass
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Pharmaceuticals
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    ABSCO Limited
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    American Elements
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Atlantic Equipment Engineers
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Imerys S.A.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
        14.3.5    Maryland Lava Company
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    PQ Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Sorbent Technologies Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Spectrum Chemical Manufacturing Corp
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Surepure Chemetals Inc
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    The Dallas Group of America
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Triveni Interchem Private Limited
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: Magnesium Silicate Market: Major Drivers and Challenges
Figure 2: Global: Magnesium Silicate Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Magnesium Silicate Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Magnesium Silicate Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Magnesium Silicate Market: Breakup by Functionality (in %), 2021
Figure 6: Global: Magnesium Silicate Market: Breakup by Application (in %), 2021
Figure 7: Global: Magnesium Silicate Market: Breakup by Region (in %), 2021
Figure 8: Global: Magnesium Silicate (Natural) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Magnesium Silicate (Natural) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Magnesium Silicate (Synthetic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Magnesium Silicate (Synthetic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Magnesium Silicate (Anti-caking Agent) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Magnesium Silicate (Anti-caking Agent) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Magnesium Silicate (Purifying Adsorbent) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Magnesium Silicate (Purifying Adsorbent) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Magnesium Silicate (Bulking Agent) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Magnesium Silicate (Bulking Agent) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Magnesium Silicate (Emulsion Stabiliser) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Magnesium Silicate (Emulsion Stabiliser) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Magnesium Silicate (Other Functionalities) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Magnesium Silicate (Other Functionalities) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Magnesium Silicate (Cosmetic and Personal Care) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Magnesium Silicate (Cosmetic and Personal Care) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Magnesium Silicate (Food and Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Magnesium Silicate (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Magnesium Silicate (Glass) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Magnesium Silicate (Glass) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Magnesium Silicate (Pharmaceuticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Magnesium Silicate (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Magnesium Silicate (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Magnesium Silicate (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North America: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: North America: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Canada: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Canada: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Asia-Pacific: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Asia-Pacific: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: China: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: China: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Japan: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Japan: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: South Korea: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: South Korea: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Australia: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Australia: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Indonesia: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Indonesia: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: France: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: France: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: United Kingdom: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: United Kingdom: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Italy: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Italy: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Spain: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Spain: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Russia: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Russia: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Latin America: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Latin America: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Brazil: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Brazil: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Mexico: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Mexico: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Magnesium Silicate Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Magnesium Silicate Market: Breakup by Country (in %), 2021
Figure 80: Middle East and Africa: Magnesium Silicate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Global: Magnesium Silicate Industry: SWOT Analysis
Figure 82: Global: Magnesium Silicate Industry: Value Chain Analysis
Figure 83: Global: Magnesium Silicate Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Magnesium Silicate Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Magnesium Silicate Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Magnesium Silicate Market Forecast: Breakup by Functionality (in Million US$), 2022-2027
Table 4: Global: Magnesium Silicate Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Magnesium Silicate Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Magnesium Silicate Market: Competitive Structure
Table 7: Global: Magnesium Silicate Market: Key Players


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