The Global Magnesium Hydroxide Flame Retardants Market was valued at USD 525 Million in 2024 and is projected to reach USD 810 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period (2025-2032). This growth is being driven by stringent fire safety regulations, the global shift toward halogen-free alternatives, and expanding applications in construction, electronics, and electric vehicle sectors.

As industries worldwide prioritize safety and sustainability, magnesium hydroxide has emerged as a leading non-toxic flame retardant solution. Its unique mechanism of releasing water vapor to suppress flames while forming a protective char layer offers superior fire safety without harmful emissions. In this blog, we profile the Top 10 Companies in the Magnesium Hydroxide Flame Retardants Industry—a mix of established chemical giants and specialized innovators shaping the future of fire-safe materials.

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🔟 1. Martin Marietta

Headquarters: Raleigh, North Carolina, USA
Key Offering: MagShield® magnesium hydroxide flame retardants

Martin Marietta is a global leader in construction materials and industrial minerals, holding approximately 18% of the magnesium hydroxide flame retardant market share. Their MagShield® product line is renowned for high purity and consistent performance across polymer applications. The company operates vertically integrated operations from mining to finished products, ensuring supply chain reliability.

Innovation Initiatives:

• Expansion of production capacity in North America

• Development of surface-modified grades for enhanced polymer compatibility

• Strategic focus on wire & cable and construction applications

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Magnesium Hydroxide Flame Retardants Market – View in Detailed Research Report

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9️⃣ 2. Kyowa Chemical Industry Co., Ltd.

Headquarters: Kagawa, Japan
Key Offering: Kisuma® magnesium hydroxide

Kyowa Chemical is a pioneer in magnesium hydroxide technology, with over 50 years of expertise in flame retardant applications. Their Kisuma® products are globally recognized for exceptional thermal stability and smoke suppression properties. The company holds significant patents in surface treatment technologies that improve dispersion in various polymer matrices.

Innovation Initiatives:

• Advanced nanoparticle technology development

• Global expansion of production facilities

• Focus on high-performance engineering plastics

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8️⃣ 3. Huber Engineered Materials (HEM)

Headquarters: Atlanta, Georgia, USA
Key Offering: Vertex® and Zerogen® magnesium hydroxide

Huber Engineered Materials, a J.M. Huber Corporation subsidiary, is a major global supplier of specialty chemicals including magnesium hydroxide flame retardants. Their products are widely used in wire & cable, building materials, and transportation applications. HEM’s technical expertise in surface modification enables superior performance in demanding polymer systems.

Innovation Initiatives:

• Sustainable product development aligned with green chemistry principles

• Customized solutions for specific application requirements

• Global technical support and R&D capabilities

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7️⃣ 4. ICL Group

Headquarters: Tel Aviv, Israel
Key Offering: FR-20 and other magnesium hydroxide formulations

ICL Group is a leading global specialty minerals company with significant presence in flame retardants through strategic acquisitions and organic growth. The company leverages its bromine and phosphorus expertise to develop synergistic flame retardant systems. ICL’s magnesium hydroxide products are particularly strong in European and Asian markets.

Innovation Initiatives:

• Acquisition strategy to strengthen global market position

• Development of halogen-free flame retardant solutions

• Focus on sustainability and circular economy principles

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

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6️⃣ 5. Konoshima Chemical Co., Ltd.

Headquarters: Kagawa, Japan
Key Offering: High-purity magnesium hydroxide powders

Konoshima Chemical specializes in high-purity ceramic powders and has developed advanced magnesium hydroxide flame retardants for specialty applications. The company’s strength lies in manufacturing ultra-fine and controlled particle size distributions that optimize flame retardant performance while maintaining mechanical properties in polymer composites.

Innovation Initiatives:

• Nanotechnology applications in flame retardancy

• Development of transparent flame retardant formulations

• Focus on electronics and high-value applications

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5️⃣ 6. Tateho Chemical Industries Co., Ltd.

Headquarters: Hyogo, Japan
Key Offering: Magnesium hydroxide for various polymer applications

Tateho Chemical is a respected Japanese manufacturer with strong capabilities in magnesium-based chemicals. The company produces flame retardant grades suitable for polyolefins, PVC, and engineering thermoplastics. Tateho’s products are known for excellent thermal stability and environmental profile.

Innovation Initiatives:

• Quality-focused manufacturing processes

• Development of application-specific formulations

• Expansion into Southeast Asian markets

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4️⃣ 7. Russian Mining Chemical Company

Headquarters: Moscow, Russia
Key Offering: Magnesium hydroxide from local brucite deposits

Russian Mining Chemical Company leverages Russia’s substantial brucite resources to produce magnesium hydroxide flame retardants primarily for domestic and CIS markets. The company benefits from low production costs due to vertical integration and access to high-quality raw materials.

Innovation Initiatives:

• Expansion of production capacity for export markets

• Development of cost-competitive products

• Focus on construction and industrial applications

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3️⃣ 8. Xinyang Minerals Group

Headquarters: Xinyang, China
Key Offering: Magnesium hydroxide for various industries

Xinyang Minerals Group is one of China’s leading producers of industrial minerals, including magnesium hydroxide flame retardants. The company benefits from China’s large-scale chemical production infrastructure and serves both domestic and international markets with cost-effective solutions.

Innovation Initiatives:

• Scale optimization for competitive pricing

• Quality improvement initiatives for international standards

• Expansion of product portfolio for diverse applications

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2️⃣ 9. Jinan Taixing Fine Chemicals Co., Ltd.

Headquarters: Jinan, China
Key Offering: Specialty magnesium hydroxide formulations

Jinan Taixing Fine Chemicals is a specialized Chinese manufacturer focusing on high-quality magnesium hydroxide for flame retardant applications. The company has developed strong technical capabilities in surface treatment and particle size control to meet specific customer requirements.

Innovation Initiatives:

• Technical collaboration with academic institutions

• Development of export-oriented high-quality products

• Customization for specific polymer systems

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1️⃣ 10. Nuova Sima Srl

Headquarters: Milan, Italy
Key Offering: Magnesium hydroxide for European markets

Nuova Sima is a key European supplier of magnesium hydroxide flame retardants, specializing in serving the region’s stringent regulatory requirements. The company focuses on sustainable products that comply with REACH and other European environmental standards.

Innovation Initiatives:

• Compliance with European environmental regulations

• Development of eco-friendly flame retardant solutions

• Strategic partnerships with European compounders

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

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🌍 Outlook: The Future of Magnesium Hydroxide Flame Retardants Is Sustainable and High-Performance

The magnesium hydroxide flame retardants market is undergoing significant transformation as environmental regulations tighten and performance requirements increase. While traditional applications continue to dominate, the industry is investing in advanced formulations, nanotechnology, and sustainable production methods.

📈 Key Trends Shaping the Market:

• Rapid adoption in electric vehicle battery components and charging infrastructure

• Development of nano-magnesium hydroxide for reduced loading requirements

• Increasing regulatory bans on halogenated flame retardants worldwide

• Growing demand for smoke-suppressing properties in public infrastructure

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

The companies listed above are not only supplying essential fire safety solutions—they’re driving the sustainable transformation of materials protection across global industries.