Magnesium Nitrate Hexahydrate Market - Rising Adoption in Petrochemical Industry to Pave Lucrative Growth Avenues
Adoption of etrochemical industry in the U.S. continues to gain ground as a catalyzing and reducing agent – a trend that is complementing steady demand of the chemical as an oxidizing agent. According to a recent Fact.MR study, over 1,212,000 tons of magnesium nitrate hexahydrate were sold in 2017, with its use as an oxidizing agent poised to account for nearly 40% of volume sales by 2028-end.
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