The Global Magnesium Hydroxide Paste Market was valued at USD 243.8 Million in 2024 and is projected to reach USD 312.9 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.8% during the forecast period (2024–2030). This growth is being driven by increasing demand for eco-friendly flame retardants, stringent environmental regulations for acid gas scrubbing, and the expanding pharmaceutical applications of magnesium hydroxide formulations.

As global industries prioritize sustainability and safety, magnesium hydroxide paste has emerged as a versatile solution across environmental protection, flame retardancy, and healthcare sectors. In this blog, we profile the Top 10 Companies in the Magnesium Hydroxide Paste Industry—a combination of chemical manufacturers, specialty mineral producers, and pharmaceutical ingredient suppliers shaping the future of this essential market.

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🔟 1. Albemarle Corporation

Headquarters: Charlotte, North Carolina, USA
Key Offering: Pharmaceutical-grade magnesium hydroxide paste, industrial-grade paste formulations

Albemarle is a global leader in specialty chemicals with significant presence in the magnesium hydroxide market. The company produces high-purity magnesium hydroxide paste for pharmaceutical applications including antacids and laxatives, alongside industrial formulations for environmental and flame retardant applications.

Technical Innovations:

• Advanced purification technologies for pharmaceutical applications

• Custom formulations for specific industrial applications

• Integrated production from magnesium sources to final paste products

Download FREE Sample Report: Magnesium Hydroxide Paste Market – View in Detailed Research Report

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9️⃣ 2. Nedmag Industries

Headquarters: Veendam, Netherlands
Key Offering: Nedmag MH-10, Nedmag MH-30 paste grades

Nedmag is a leading European producer of magnesium hydroxide paste, operating one of the world’s largest magnesium extraction facilities. The company specializes in high-quality magnesium hydroxide paste for flue gas desulfurization and wastewater treatment applications.

Technical Innovations:

• Proprietary synthesis processes ensuring consistent product quality

• Specialized formulations for acidic effluent neutralization

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8️⃣ 3. Kyowa Chemical Industry

Headquarters: Kagawa, Japan
Key Offering: KISUMA 5A, KISUMA 5P magnesium hydroxide pastes

Kyowa Chemical is a prominent Japanese manufacturer of magnesium hydroxide products, including specialized paste formulations. The company has strong expertise in developing magnesium hydroxide paste for both pharmaceutical and industrial applications.

Technical Innovations:

• Nanotechnology applications in magnesium hydroxide formulations

• High-purity grades for medical and food applications

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7️⃣ 4. Martin Marietta Materials

Headquarters: Raleigh, North Carolina, USA
Key Offering: MAGNIFIN magnesium hydroxide paste series

Martin Marietta’s chemical division produces premium magnesium hydroxide paste marketed under the MAGNIFIN brand. These products are widely used as flame retardants in plastics, rubber, and wire and cable applications.

Technical Innovations:

• Surface-modified magnesium hydroxide for enhanced compatibility

• Customized viscosity and particle size distributions

Download FREE Sample Report: Magnesium Hydroxide Paste Market – View in Detailed Research Report

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6️⃣ 5. ICL Group

Headquarters: Tel Aviv, Israel
Key Offering: FR-20, FR-30 magnesium hydroxide paste grades

ICL Group is a global specialty minerals company with significant magnesium hydroxide operations, particularly through its Dead Sea magnesium production facilities.

Technical Innovations:

• Magnesium hydroxide paste formulations for halogen-free flame retardancy

• Development of specialized formulations for smoke suppression applications

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5️⃣ 6. Ube Materials

Headquarters: Ube, Yamaguchi, Japan
Key Offering: Industrial-grade and pharmaceutical-grade magnesium hydroxide paste

Ube Materials, a subsidiary of Ube Industries, manufactures high-quality magnesium hydroxide paste with applications spanning from pharmaceutical preparations to environmental remediation.

Technical Innovations:

• Innovative dispersion technology for uniform paste characteristics

• High solids content formulations for transportation efficiency

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4️⃣ 7. Konoshima Chemical

Headquarters: Mitoyo, Kagawa, Japan
Key Offering: KONOSHIMA MH series magnesium hydroxide pastes

Konoshima Chemical specializes in high-performance magnesium hydroxide products, including paste formulations with specific rheological properties.

Technical Innovations:

• Specialized surface treatment technologies for application-specific performance

• Development of specialty paste grades for niche applications

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3️⃣ 8. Huber Engineered Materials

Headquarters: Atlanta, Georgia, USA
Key Offering: VERTEX magnesium hydroxide paste formulations

Huber’s magnesium hydroxide paste products are designed for demanding applications in plastics, elastomers, and coatings industries.

Technical Innovations:

• Advanced particle size control for optimal flame retardant performance

• Consistent quality control across production batches

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2️⃣ 9. Qinghai West Magnesium

Headquarters: Xining, Qinghai, China
Key Offering: QWMG magnesium hydroxide paste series for industrial applications

Qinghai West Magnesium is one of China’s leading magnesium compound producers, with extensive operations in magnesium hydroxide paste manufacturing from the rich Qinghai salt lake resources.

Technical Innovations:

• Cost-effective magnesium hydroxide paste formulations

• Large-scale production capacity enabling competitive pricing in global markets

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1️⃣ 10. Russian Mining Chemical Company

Headquarters: Moscow, Russia
Key Offering: Industrial-grade magnesium hydroxide paste, flame retardant formulations

Russian Mining Chemical Company operates significant magnesium hydroxide production facilities, supplying paste products primarily to the domestic market and neighboring countries.

Technical Innovations:

• Development of specialized paste formulations for Russian industrial requirements

• Specialized formulations for acidic soil remediation and wastewater treatment

Get Full Report Here: Magnesium Hydroxide Paste Market – View in Detailed Research Report

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🌍 Outlook: The Future of Magnesium Hydroxide Paste Is Application-Driven and Sustainable

The magnesium hydroxide paste market is experiencing significant transformation as industries seek environmentally friendly alternatives to traditional chemicals. While industrial applications still represent the largest market segment, pharmaceutical and specialized environmental applications are showing the highest growth rates.

📈 Key Trends Shaping the Market:

• Increasing regulatory pressure for halogen-free flame retardants in plastics and construction materials

• Growing adoption in flue gas desulfurization as industries comply with stricter emissions standards

• Expansion of pharmaceutical applications beyond traditional antacid uses

• Development of nano magnesium hydroxide paste formulations for enhanced performance

Get Full Report Here: Magnesium Hydroxide Paste Market – View in Detailed Research Report

The companies profiled above are not only supplying essential chemical products—they’re enabling the sustainable transformation of multiple industries through their magnesium hydroxide paste innovations.