South Korea Magnesium Sulphate Market Size, Share, and COVID-19 Impact Analysis, By Form (Crystal, Powder, and Granules), By Type (Heptahydrate (Epsom Salt), Anhydrous, Monohydrate, and Others) and By End-Use Industry (Fertilizer, Medical, Food Additive, Industrial, Chemical, and Others), and South Korea Magnesium Sulphate Market Insights, Industry Trend, Forecasts to 2035

South Korea Magnesium Sulphate Market Insights Forecasts to 2035

• The South Korea Magnesium Sulphate Market Size Was Estimated at USD 42.312 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 4.18% from 2025 to 2035
• The South Korea Magnesium Sulphate Market Size is Expected to Reach USD 66.356 Million by 2035

According to a research report published by Spherical Insights and Consulting, The South Korea Magnesium Sulphate Market Size is anticipated to reach USD 66.356 Million by 2035, growing at a CAGR of 4.18 % from 2025 to 2035. The market for magnesium sulphate in South Korea is expanding significantly, mostly as such of rising demand for horticultural and agricultural uses. The growing need for fertilizers that enhance soil fertility is driving the consumption of magnesium sulfate, which is known to boost crop yields.

Market Overview

The manufacturing, distribution, and consumption of magnesium sulphate, a chemical compound sometimes referred to as Epsom salt, are all included in the worldwide magnesium sulphate market. Found naturally in minerals like kieserite and epsomite, it is a white crystalline solid made of magnesium, sulphur, and oxygen. The market offers a range of forms, including monohydrate, anhydrous, and heptahydrate, with uses in personal care, pharmaceuticals, and agricultural (as fertilizer). Magnesium sulphate promotes better growth and increased agricultural yields by assisting plants in absorbing and using vital minerals. It contributes to long-term soil health by improving pH balance, water retention, and soil structure. A crucial part of chlorophyll, which is necessary for photosynthesis and plant growth, is magnesium. It increases the amount of nitrogen and phosphorus that plants can absorb, increasing their availability for growth. Magnesium sulphate is an essential fertilizer that increases crop output and plant growth, which drives a large demand in the agriculture industry. Magnesium sulphate is utilized in many therapeutic applications, such as treating magnesium shortage, reducing inflammation, and relieving muscle pain. The sector is seeing new prospects as a result of the growing usage of magnesium sulphate in bath salts, skincare, and hair care products. In order to promote agricultural production and raise crop yields, governments frequently offer subsidies for fertilizers, such as magnesium sulphate. Government programs that promote soil enrichment and nutrient-rich farming practices directly benefit the magnesium sulphate market.

Report Coverage

This research report categorizes the market for South Korea magnesium sulphate market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea magnesium sulphate market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each South Korea magnesium sulphate market sub-segment.

Driving Factors

A vital secondary nutrient that enhances crop growth and soil fertility and raises agricultural output is magnesium sulphate. The market is expanding because magnesium sulphate is also utilized in animal feed to treat magnesium shortages and enhance animal health. The popularity of natural and organic ingredients in personal care products is driving up demand for magnesium sulphate, also referred to as Epsom salt, which is used in bath salts, body scrubs, lotions, and hair care products.

Restraining Factors

The manufacturing of magnesium sulphate depends on raw materials such as sulfuric acid and magnesium ores, the prices of which might change according to supply-demand dynamics, geopolitical issues, and economic situations, affecting the production cost as a whole. Environmental laws that affect mining operations and the scarcity of high-quality magnesium can cause supply chain disruptions and raise costs. Production and availability may be impacted by environmental rules, such as those imposed by China on mining and manufacturing.

Market Segmentation

The South Korea Magnesium Sulphate Market share is classified into form, type, and end-use industry.

• The crystal segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea magnesium sulphate market is segmented by form into crystal, powder, and granules. Among these, the crystal segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. It dissolves well in water and is readily absorbed by crops; crystal form is frequently chosen in agricultural applications to improve nutrient uptake.

• The heptahydrate (epsom salt) segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea magnesium sulphate market is segmented by type into heptahydrate (epsom salt), anhydrous, monohydrate, and others. Among these, the heptahydrate (epsom salt) segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Epsom salt, also known as heptahydrate, is a substance that is highly relevant to agricultural uses since it improves soil quality and meets crop nutritional needs.

• The fertilizer segment held a dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea magnesium sulphate market is segmented by end-use industry into fertilizer, medical, food additive, industrial, chemical, and others. Among these, the fertilizer segment held a dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period. Magnesium is an essential component in South Korea's agricultural landscape and is essential for improving crop production and plant health in agricultural operations, the fertilizer industry commands a sizeable share of the market.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea magnesium sulphate market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Huanggang Huayi Chemical Co Ltd
• Yixing Caijun Chemical Co Ltd
• Tianjin Huarong Chemical Co Ltd
• Korea Magnesium Corporation
• Liaoning Keneng Chemical Co Ltd
• Shaanxi Fuhua Chemical Group Co Ltd
• Qinghai Tiansheng Nonferrous Metals Co Ltd
• Tianjin Huarong Chemical Co Ltd
• Gansu Huaneng Magnesium Salt Co Ltd
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea magnesium sulphate market based on the below-mentioned segments:

South Korea Magnesium Sulphate Market, By Form

• Crystal
• Powder
• Granules

South Korea Magnesium Sulphate Market, By Type

• Heptahydrate (Epsom Salt)
• Anhydrous
• Monohydrate
• Others

South Korea Magnesium Sulphate Market, By End-Use Industry

• Fertilizer
• Medical
• Food Additive
• Industrial
• Chemical
• Others