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Magnesium Silicate Market Size, Industry Trends, Leading Players, Share and Forecast to 2027 – Business


The
global magnesium silicate market size is expected to grow at a significant CAGR of over 5% during the forecast period and anticipated to reach around USD 4 billion by 2027.
The increasing demand from the personal care industry and pharmaceuticals sector are some other factors to drive the market growth. In addition, the wide use of magnesium silicate in various end-use industries and increasing research and development activities by various market players is expected to fuel the market growth over the forecast period. However, the harmful effects on the human body such as cyanosis, sneezing, cough, and vomiting is a factor to restrain the market. ....

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