Thailand Magnesium Sulphate Market Outlook | Revenue, Companies, Value, Industry, COVID-19 IMPACT, Analysis, Share, Growth, Forecast, Trends & Size

Thailand is a large producer of magnesium sulphate, and it has been estimated that the country accounted for around 5.7% of global production in 2020. Thailand?s domestic market for magnesium sulphate is largely driven by its use as fertilizers and animal feed supplements. The demand from these two segments continue to remain strong, owing to the rapid expansion of agricultural activities in the country. Additionally, robust growth in construction activities has further enhanced the usage of magnesium sulphate based products such as concrete admixtures and waterproofing agents which have boosted overall sales volumes in recent years. Furthermore, increasing investments towards research & development projects aimed at developing new applications for this compound are anticipated to propel market demand over the forecast period 2021-2026.

Growth Drivers:

Increasing Industrial Applications ? Magnesium sulfate is used extensively across various industries owing to its wide range of properties like high solubility rate, low melting point etc., It finds application across paper & pulp industry for neutralizing acidic water streams; among several others including textiles manufacturing processes; leather tanning; adhesives manufacturing amongst many more. Increasing utilization levels as well as technological advancements in different industrial domains will drive product demand from Thailand during 2021-2026.

Rising Fertilizer Usage ? Farmers across Thailand are increasingly using higher doses of fertilizer due to rising population figures coupled with diminishing cultivable land area available per capita which has fueled consumption levels significantly since past few years thereby driving up local demand patterns for related raw materials including magnesium sulfates . This trend is expected to endure over upcoming years thus augmenting overall market size during 2021-2026 timeframe..

Competition Landscape:

Key Highlights of the Report:

• Thailand Magnesium Sulphate Market Outlook
• Market Size of Thailand Magnesium Sulphate Market, 2021
• Forecast of Thailand Magnesium Sulphate Market, 2028
• Historical Data and Forecast of Thailand Magnesium Sulphate Revenues & Volume for the Period 2018 - 2028
• Thailand Magnesium Sulphate Market Trend Evolution
• Thailand Magnesium Sulphate Market Drivers and Challenges
• Thailand Magnesium Sulphate Price Trends
• Thailand Magnesium Sulphate Porter's Five Forces
• Thailand Magnesium Sulphate Industry Life Cycle
• Historical Data and Forecast of Thailand Magnesium Sulphate Market Revenues & Volume By By Product for the Period 2018 - 2028
• Historical Data and Forecast of Thailand Magnesium Sulphate Market Revenues & Volume By Heptahydrate for the Period 2018 - 2028
• Historical Data and Forecast of Thailand Magnesium Sulphate Market Revenues & Volume By Anhydrous for the Period 2018 - 2028
• Historical Data and Forecast of Thailand Magnesium Sulphate Market Revenues & Volume By Monohydrate for the Period 2018 - 2028
• Historical Data and Forecast of Thailand Magnesium Sulphate Market Revenues & Volume By By Application for the Period 2018 - 2028
• Historical Data and Forecast of Thailand Magnesium Sulphate Market Revenues & Volume By Agriculture for the Period 2018 - 2028
• Historical Data and Forecast of Thailand Magnesium Sulphate Market Revenues & Volume By Food & Feed additives for the Period 2018 - 2028
• Historical Data and Forecast of Thailand Magnesium Sulphate Market Revenues & Volume By Pharmaceuticals & Personal Care for the Period 2018 - 2028
• Historical Data and Forecast of Thailand Magnesium Sulphate Market Revenues & Volume By Chemicals for the Period 2018 - 2028
• Historical Data and Forecast of Thailand Magnesium Sulphate Market Revenues & Volume By Pulp & Paper for the Period 2018 - 2028
• Historical Data and Forecast of Thailand Magnesium Sulphate Market Revenues & Volume By Others for the Period 2018 - 2028
• Thailand Magnesium Sulphate Import Export Trade Statistics
• Market Opportunity Assessment By By Product
• Market Opportunity Assessment By By Application
• Thailand Magnesium Sulphate Top Companies Market Share
• Thailand Magnesium Sulphate Competitive Benchmarking By Technical and Operational Parameters
• Thailand Magnesium Sulphate Company Profiles
• Thailand Magnesium Sulphate Key Strategic Recommendations