Top 10 Companies in the Southeast Asia Magnesium Acetate Market (2025): Industry Leaders Powering Pharmaceutical and Industrial Growth

In Business Insights
June 16, 2025

The Southeast Asia Magnesium Acetate Market was valued at US$ 12.3 million in 2024 and is projected to reach US$ 16.7 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This growth is driven by rising pharmaceutical applications, increasing food additive demand, and expanding industrial uses across Thailand, Indonesia, Vietnam, and other Southeast Asian nations.

As regional industries prioritize high-purity chemical solutions, magnesium acetate has emerged as a versatile compound for pharmaceutical formulations, food preservation, and textile processing. In this analysis, we examine the Top 10 Companies Dominating the Southeast Asia Magnesium Acetate Market—including global chemical leaders and regional specialists shaping supply chains.


🔟 1. Dead Sea Works

Headquarters: Beer Sheva, Israel
Key Offering: Pharmaceutical-Grade Magnesium Acetate

As a subsidiary of Israel Chemicals Ltd., Dead Sea Works leverages its mineral extraction expertise to produce high-purity magnesium acetate for international markets, including Southeast Asia’s growing pharmaceutical sector.

Regional Advantages:

  • Established distribution channels in Malaysia and Singapore
  • GMP-certified production facilities
  • Custom formulations for tropical climate applications

Download FREE Sample Report: Southeast Asia Magnesium Acetate Market – View in Detailed Research Report


9️⃣ 2. Weifang Yuze Chemical Co.

Headquarters: Shandong, China
Key Offering: Industrial-Grade Magnesium Acetate

This Chinese chemical manufacturer has become a key supplier to Vietnam’s textile industry and Thailand’s food processing sector, offering cost-effective magnesium acetate solutions.

Regional Presence:

  • Strategic warehousing in Ho Chi Minh City
  • Joint ventures with Indonesian distributors

8️⃣ 3. ShanDong Fine Chemical Co.

Headquarters: Zibo City, China
Key Offering: Anhydrous & Hydrous Magnesium Acetate

Specializing in fine chemicals, this supplier has captured 18% of Singapore’s laboratory-grade magnesium acetate market through precise quality control and reliable logistics.

Quality Certifications:

  • ISO 9001:2015 certified production
  • REACH compliance for European export markets

7️⃣ 4. Phibro Animal Health Corporation

Headquarters: Teaneck, New Jersey, USA
Key Offering: Feed-Grade Magnesium Acetate

Phibro dominates Southeast Asia’s animal nutrition segment, providing magnesium acetate as a gut health supplement for poultry and aquaculture operations across the region.

Market Strategy:

  • Local production facilities in Malaysia
  • Technical support centers in Manila and Jakarta

Download FREE Sample Report: Southeast Asia Magnesium Acetate Market – View in Detailed Research Report


6️⃣ 5. American Elements

Headquarters: Los Angeles, California, USA
Key Offering: High-Purity (99.99%) Magnesium Acetate

This advanced materials company supplies ultra-pure magnesium acetate to research institutions and semiconductor manufacturers throughout Southeast Asia.

Technical Capabilities:

  • Nanoparticle formulations
  • Custom particle size distribution

5️⃣ 6. Zibo Jinxing Chemical Co., Ltd.

Headquarters: Shandong, China
Key Offering: Textile Industry Magnesium Acetate

A preferred supplier for Vietnam’s booming textile industry, Jinxing Chemical provides magnesium acetate solutions for fabric dye fixation and pH regulation.

Industry Partnerships:

  • Long-term contracts with Vietnamese textile mills
  • Just-in-time delivery to industrial zones

4️⃣ 7. Shandong Yangcheng Biotech Co., Ltd.

Headquarters: Shandong, China
Key Offering: Food-Grade Magnesium Acetate

This biotech-focused manufacturer has become the primary supplier to Indonesia’s food processing industry, where magnesium acetate serves as a preservative and firming agent.

Regulatory Compliance:

  • Halal certification for Muslim-majority markets
  • FDA 21 CFR 184.1424 compliance

3️⃣ 8. NOAH Technologies Corporation

Headquarters: San Antonio, Texas, USA
Key Offering: Specialty Magnesium Acetate Compounds

NOAH Technologies caters to Southeast Asia’s electronics industry, providing ultra-high purity magnesium acetate for circuit board manufacturing and other technical applications.

Technical Support:

  • On-site application engineers
  • Custom packaging solutions

Download FREE Sample Report: Southeast Asia Magnesium Acetate Market – View in Detailed Research Report


2️⃣ 9. Anhui Hongyang Chemical Co. Ltd.

Headquarters: Anhui, China
Key Offering: Cost-Competitive Industrial Magnesium Acetate

With large-scale production capabilities, this manufacturer serves price-sensitive markets in the Philippines and Myanmar through aggressive pricing strategies.

Market Positioning:

  • Bulk shipment capabilities
  • Regional distribution hubs

1️⃣ 10. Weifang Haibin Chemical Co., Ltd.

Headquarters: Shandong, China
Key Offering: Versatile Magnesium Acetate Formulations

Haibin Chemical has established itself as Thailand’s leading magnesium acetate supplier through tailored solutions for multiple industries and consistent product quality.

Customer Focus:

  • Application-specific technical guidance
  • Flexible minimum order quantities

Get Full Report Here: Southeast Asia Magnesium Acetate Market – View in Detailed Research Report


🌏 Outlook: Southeast Asia’s Magnesium Acetate Market Diversification

The Southeast Asian magnesium acetate market is evolving beyond traditional applications, with new opportunities emerging in biotechnology, electronics, and green chemistry.

📈 Key Market Drivers:

  • Pharmaceutical industry growth at 8.3% CAGR regionally
  • Expansion of processed food production facilities
  • Textile industry modernization in Vietnam and Indonesia
  • Increasing adoption in water treatment applications

Get Full Report Here: Southeast Asia Magnesium Acetate Market – View in Detailed Research Report

The companies profiled above are not only meeting current demand—they’re actively shaping the future applications of magnesium acetate across Southeast Asia’s industrial landscape.