Top 4 Companies in the Global Magnesium Silicate Market in 2025

As per the analysis by Expert Market Research, the global magnesium silicate market reached a value of about USD 3.24 Billion in 2024. The market is projected to grow at a CAGR of 4.70% in the forecast period of 2025-2034 to reach around USD 5.13 Billion by 2034.

Magnesium silicate has a variety of applications in several industries across the globe. In the cosmetics and pharmaceutical industries, this compound is used as a thickening agent and adsorbent respectively. The rise of the cosmetics sector in the past few years has helped in the market growth of magnesium silicate immensely. This chemical compound is used as an anti-caking agent in the food and beverage industry, which aids the market growth tremendously. It is also used in the glass industry, ceramics, as a filler in rubber, and a purifying adsorbent. The rise in research and development activities and the rapid technological advancements are leading to new innovative products, which are expected to increase the market growth in the forecast period.

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Top Global Magnesium Silicate Companies: 

1. Spectrum Chemical Manufacturing Corp.

Spectrum Chemical deals with the manufacture and distribution of fine chemicals and laboratory products. The company has one of the largest selection of chemicals for the manufacture of drugs, food, and personal care products. The company’s main products include active pharmaceutical ingredients, dietary supplements, controlled substances, excipients, cosmetic and personal care ingredients.

2. Airotech Minerals

Airotech Minerals specialises in the manufacture, supply, and export of premium quality natural mineral powder, micronised and non-metallic mineral minerals, which are known for their excellent metallurgical properties. The company’s minerals are said to be the best in terms of purity, whiteness, and micron sizes, and has given them tremendous recognition among consumers.

3. Neelkanth Finechem LLP

This company is one of the largest mineral processing houses in India and are known for their superior quality products. The company’s products include a vast range of aloe vera powder, calamine powder, and bentonite powder. The products are known for their high purity, non-toxicity, accurate preparation, long shelf life, and leak free packing.

4. Famous Minerals & Chemicals Pvt. Ltd

The company is a leader in the production of minerals, synthetic minerals, processed minerals, and other products which are used in numerous industries. It specialises in the identification of the right minerals for various applications and also the identification of minerals which are free of impurities. The company also provides technical services, data, and suggestions to help the consumers identify the right minerals on their own.