Magnesium hydroxide, caustic magnesite, lightly burned magnesite, etc. The suspension of magnesium hydroxide in water is called magnesium hydroxide emulsion, or magnesia milk for short.

　　Magnesium hydroxide is a new type of filling flame retardant, which can reduce the surface temperature of the composite material in flame by releasing the combined water and absorbing a large amount of latent heat when it is decomposed by heat. It has the function of inhibiting polymer decomposition and cooling the resulting combustible gas.

　　Magnesium hydroxide is recognized as an excellent flame retardant with three functions of flame retardant, smoke suppression and filling in the rubber and plastic industry.

　　Global demand for magnesium hydroxide will reach 943,300 tons in 2020, up 4.6 percent year on year, according to a study by Hebei Meishen Technology Co LTD.

　　China is the largest producer, consumer and exporter of magnesium hydroxide, with total revenue of us $143.4 million, compared with US $133 million in 2019.

　　Outlook: From 2010 to 2026, the global magnesium hydroxide market is expected to grow at a compound annual rate of 5.8%, with total revenue of us $1 billion.

　　The Asia-Pacific region will continue to be the largest market, with a 38.1% share of revenue in 2026.

　　Magnesium hydroxide's use in the environment, including sewage treatment and flue gas desulfurization, will continue to stimulate demand and will account for 47.1% of total revenue by 2020.

　　Flame retardants applications will achieve a high growth rate of 4.4%, accounting for 21.8% of total revenue.

　　In addition, magnesium hydroxide's use as a neutralizer in the pulp and paper industry will be enhanced in this regard.