Global Magnesium Sulfate Market Poised for 6.0% CAGR Through 2035
The Magnesium Sulfate market is poised for substantial growth between 2025 and 2035, fueled by increasing demand across agriculture, pharmaceuticals, and the food industry. The market is projected to grow from USD 1,123.6 million in 2025 to USD 2,012.2 million by 2035, registering a steady compound annual growth rate (CAGR) of 6.0% throughout the forecast period.
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Strategic Developments Propel Magnesium Metal Market Toward USD 10 Billion by 2035
The global magnesium metal market is projected to grow steadily from USD 5.89 billion in 2025 to approximately USD 10.0 billion by 2035, reflecting a CAGR of around 5.4%. This growth is primarily driven by the rising demand for lightweight and high-strength materials across key industries such as automotive, aerospace, and electronics, where magnesium's low density and superior mechanical properties offer significant performance and fuel efficiency advantages.
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