Wednesday, 20 May 2015

An Expert suggetions on Magnesium Sulfate Market till 2020

Magnesium sulfate (anhydrous) is an inorganic salt made up of magnesium, oxygen, and sulfur. The molecular formula of magnesium sulfate is MgSO4. Magnesium sulfate is also known as Epsom salt (heptahydrate), English salt, and Bitter salt. Magnesium sulfate also occurs in hydrated forms, including monohydrate and heptahydrate. The monohydrate and heptahydrate forms contain one and seven H2O molecules, respectively. Magnesium sulfate is commonly encountered as the heptahydrate sulfate mineral epsomite. It is usually called as Epsom salt. Magnesium sulfate exists as white crystalline solid. Magnesium sulfate shows very high solubility in water. Magnesium sulfate is odorless. Magnesium sulfate can be prepared artificially by neutralizing sulfuric acid with magnesium carbonate or oxide to obtain the heptahydrate form, but it is usually obtained directly from natural sources. The only known method for preparing anhydrous magnesium sulfate is by the dehydration of a hydrate.
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In gardening and other agriculture processes, magnesium sulfate plays an important role to correct magnesium or sulfur deficiency in soil. Magnesium sulfate is important component of various fertilizers. Magnesium is an essential element in the chlorophyll molecule, and sulfur is another important micronutrient. Magnesium sulfate is also effective in the removal of splinters. Magnesium sulfate is an effective anticonvulsant drug. Magnesium sulfate is well known for its application as most effective, low cost, and safe treatment available for severe pre-eclampsia and eclampsia. Magnesium sulfate also has ability to act as a vasodilator, having actions which relieve vasoconstriction, decrease cerebral edema formation, protect the blood-brain barrier, and act as a cerebral anticonvulsant. Magnesium sulfate can be administered either intravenously or intramuscularly. Magnesium sulfate is the main preparation of intravenous magnesium. Magnesium sulfate plays an important role to increase water content in the intestines. Magnesium sulfate is can also preferably used as a laxative to relieve occasional constipation. Anhydrous magnesium sulfate exhibits features, which make it a suitable drying agent. The anhydrous magnesium sulfate form is hygroscopic i.e. it readily absorbs water from the air. Magnesium sulfate is also recognized for its use as a beauty product. Athletes prefer magnesium sulfate to soothe sore muscles.
The growing population, along with strong demand for high quality food, has resulted in increased pressure on farmers to enhance the quality of their agricultural products. Increased demand for food, coupled with increased application of magnesium sulfate for medicinal purposes are acting as major drivers for the growth of the magnesium sulfate market.
Asia Pacific is projected to be the fastest growing market for magnesium sulfate in the next six years. The main reason for this is the growing demand for greater quantity of food from countries such as China and India, as a result of increasing population in these countries. As fertilizer consumption is increasing to achieve higher yield, as a result consumption of magnesium sulfate is also increasing in these countries. China is the leading producer of magnesium sulfate, followed by the U.S., and Russia respectively. The global magnesium sulfate market is expected to grow at a moderately paced CAGR from 2014 to 2020.
Some of the major companies operating in the global magnesium sulfate market are PQ Corporation, UMAI CHEMICAL Co. Ltd., Laizhou Guangcheng Chemical Co., Ltd., Laizhou Zhongda Chemical Co. Ltd., Giles, Balaji Industries, China Nafine Group International Co. Ltd., Laizhou City Laiyu Chemical Co. Ltd., and Weifang Guomei Chemical Co. Ltd.

Unbelievable popularity of Calcium Oxide in industrial Market

Calcium oxide or quicklime is a white or grayish white solid primarily used as chief ingredient in cement manufacturing. Calcium oxide is mainly manufactured by heating limestone, sea shells, coral or chalk (mainly containing calcium carbonate) thereby removing carbon dioxide. The most important modern use of lime is its ability to form solutions with silicates. Nearly 45% of lime is used in the steel industry. Considering the stupendous growth in steel and cement industry the global demand for calcium oxide is anticipated to grow significantly in the next six years. Moreover, the economic nature of calcium oxide makes it suitable for usage in these industries. Presently, in terms of volume Asia Pacific region is the largest producer of the calcium oxide followed by North America and Europe. China is currently the largest producer of calcium oxide followed by the U.S. The global demand from cement and steel industry is likely to aggravate the demand for calcium oxide in the next six years.
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Calcium oxide is majorly used in the manufacturing process of steel and cement, the two major construction materials. The significant growth in commercial construction is projected to boost the demand for calcium oxide in the forecast period. Moreover, calcium oxide is also used in production of other metals. In addition to these applications calcium oxide is also used in agriculture for treating acidic soils. The other major applications of calcium oxide include manufacturing of porcelain, purifying sugar, manufacturing calcium carbide and even in water softeners. Other metallurgical applications of calcium oxide include flux (as gas shield) for welding application. Considering the wide range of applications the market for calcium oxide is anticipated to increase at a considerable pace in the next six years.
Asia Pacific region is expected to be the fastest growing market for calcium oxide in the next few years. The most important reason for this is the increasing demand for Portland cement in construction industry in emergent Asian countries such as China, Indonesia, India, Malaysia and Thailand. In addition, the countries such as Brazil, Argentina, South Africa, Saudi Arabia, Egypt and Israel are showing rapid growth in the residential and commercial construction and infrastructure industries since the last few years. There is an enormous market potential for the construction industry in the countries such as India, China, Indonesia, Qatar, Thailand and Brazil due to swift infrastructure growth taking place in these countries. Moreover, countries like Brazil and Qatar are hosting giant events such as Olympics and FIFA world Cup in the next few years and are developing numerous state-of-the-art stadiums and other infrastructure for those events. Owing to this, the demand for construction related products is expected to grow at a notable rate in the next few years. This will eventually generate a huge demand for calcium oxide in these nations. In addition, the U.S. and European nations are steadily recovering from the economic crisis and further increasing the demand for calcium oxide. Considering this outlook, the industries such as infrastructure and construction are anticipated to record an astounding growth in the next few years. Moreover, the demand for water softeners and agricultural application is anticipated to drive the market for calcium oxide across the globe in the forecast period.
Some of the key players functioning in the calcium oxide market include Mississippi Lime Company, Carmeuse North America, Lafarge Tarmac, Omya UK chemicals and HeidelbergCement Group.