The Southeast Asia Magnesium Sulfate market was valued at US$ 217.5 Million in 2023 and is projected to reach US$ 298.7 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period (2024-2030). This growth is fueled by increasing agricultural applications, expanding pharmaceutical demands, and rising industrial usage across Thailand, Indonesia, Vietnam and other ASEAN nations.
As regional agriculture intensifies and healthcare needs expand, magnesium sulfate plays a critical role in soil enhancement, medical treatments, and industrial processes. In this analysis, we examine the Top 10 Companies in the Southeast Asia Magnesium Sulfate Industry – key producers, distributors and innovators shaping this essential chemical market.
🔟 1. K+S Aktiengesellschaft (South East Asia)
Headquarters: Bangkok, Thailand (Regional Office)
Key Offering: Agricultural-grade Magnesium Sulfate, Pharmaceutical Grade
K+S is a German multinational with strong ASEAN operations, supplying high-purity magnesium sulfate for both farming and medical applications. Their regional production facilities in Thailand serve as a hub for Southeast Asian distribution.
Market Initiatives:
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Invested US$15M in Thailand production expansion (2023)
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Partnerships with 50+ agricultural cooperatives
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Certified GMP production for pharmaceutical grades
Download FREE Sample Report: Southeast Asia Magnesium Sulfate Market – View in Detailed Research Report
9️⃣ 2. Giles Chemical (Asia) Pte Ltd
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