Sales of Synthetic Magnesium Silicate Market to Grow at Robust CAGR During 2018 – 2026

Synthetic Magnesium Silicate Market: Introduction

Synthetic magnesium silicate is an odourless white chemical compound in the form of a finely divided powder. It is formed as a result of water-soluble sodium silicate and a water-soluble magnesium salt precipitation reaction. Sodium silicate, such as water glass, and magnesium salt, such as magnesium nitrate, magnesium chloride or magnesium sulphate, are used for producing this chemical compound.

Unlike natural magnesium silicate, synthetic magnesium silicate is amorphous and is insoluble in water or alcohol. The particles of this chemical compound are porous in nature and have a large Brunauer–Emmett–Teller (BET) surface area. It is used in a wide variety of applications, which include as a purifying adsorbent (odours, vegetable & animal oils, dry cleaning, sugar and resins), fillers (ceramics, glass, refractories, paper and rubber), filter medium, catalyst and anti-caking agent. It is used in various industries such as food processing, rubber, paper, pharmaceutical and glass industries. Increasing demand in these industries is expected to drive the market during the forecast period.

Synthetic Magnesium Silicate Market: Dynamics

The usage of this chemical compound in the food industry is one of the main drivers of the market. It is used as an anti-caking agents and as an active filter for the adsorption of free fatty acids and colour. Synthetic magnesium silicate is also used as an anti-caking agent in powdered foods. Given its wide applications and the growing demand in the food industry, the market is expected to witness significant growth potential in the food industry during the forecast period.

The pharmaceutical industry is one of the ever-growing industries in the world today, and there is high demand for synthetic magnesium silicate in the compression of tablets to improve the flow of powders. Growth in the urban population and the changing lifestyles of people have boosted the demand for cosmetics and personal care products, where this chemical compound is used as an emulsifier. Hence, due to the growing demand from various industries, the market is expected to witness robust growth during the forecast period.

Although synthetic magnesium silicate has a wide variety of industrial applications, it can cause cyanosis, cough, dyspnoea and vomiting, among others, when exposed or inhaled. However, various national regulations allow the usage of synthetic magnesium silicate in the food processing industry, owing to which the market growth is not likely to be hindered to a large extent.

Synthetic Magnesium Silicate: Market Segmentation

The North America market is expected to witness significant growth given the presence of a large number of pharmaceutical, food and cosmetics industries in the region. On the other hand, the MEA market is expected to witness the lowest growth during the forecast period given the lack of demand for synthetic magnesium silicate from major industries in the region.